Collapsed Italian dairy firm Parmalat SpA CEO has indicated that it could exceed financial targets it has set for 2007, reported AFX news service.

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According to the reports, which cited Il Sole 24 Ore newspaper, EBITDA margin for the 2007 financial year could exceed the targeted 11% of sales, against the 9% expected for 2006.


Parmalat SpA CEO Enrico Bondi reportedly told the newspaper: “We are confident on the 2007 targets, that ought to be exceeded because Parmalat is a healthy and strong company, with acceptable profitability, which can be improved.”

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