French dairy group Bongrain has blamed the economic climate for a slide in annual revenues in 2009.

The company said on Friday (5 February) that turnover fell 7.4% to EUR3.28bn (US$4.51bn) as its non-cheese sales slumped 12.5%.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Bongrain’s cheese sales, which make up two-thirds of the company’s revenue, recovered in the fourth quarter of 2009 but were still down 5% over the whole year.

The group said sales were hit by lower pricing during 2009.

Bongrain’s full financial figures for the year will be published on 11 March.

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.