French co-operative group Unicopa has posted a loss of some EUR2.7m (US$3.7m) for 2006 due in part to a bird flu scare.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Losses of some EUR3.5m from the scare weighed on Unicopa’s bottom line. The company’s turnover stayed flat at EUR1.4bn.
The scare has already seen Unicopa’s poultry abattoir subsidiary, Tilly-Sabco, go into administration with the axing of around 125 jobs. A continuation plan for Tilly-Sabco will be presented to a commercial court in Brittany in September.
Poultry processing represents around a sixth of Unicopa’s business, the co-op’s main activities being in cold meats, dairy products and animal feed.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
