Sales grew across Bels business regions on an organic basis

Sales grew across Bel's business regions on an organic basis

Bel, the French company behind Babybel and Boursin cheese, has posted a 2.8% rise in third-quarter sales.

Revenue reached EUR683m (US$920.6m) in the three months to the end of September. Excluding the impact of foreign exchange, sales were up 6.8%.

Sales were up across all of Bel's business regions, except the combined Americas and Asia-Pacific division. Bel's third-largest region was affected by foreign exchange. Without that impact, Bel's sales in the Americas and Asia-Pacific would have increased year-on-year, albeit at a slower pace than in previous quarters.

Bel's largest region by sales is Western Europe and sales there rose 2.6% to EUR272m.

The company said a "sharp rise" in raw material prices means its operating margin in the second half of the year will be lower than in the first six months of 2013.