European convenience foods producer Uniq has reported that sales from continuing businesses rose by 4% in the first six months of 2007.
Go deeper with GlobalData
In a trading statement issued ahead of its interim results for the six months to 30 June, Uniq said that the positive momentum established last year had continued in the first half of the year.
The company also reported that UK sales were up by over 5%. Uniq said the growth reflected operational changes and a strong performance from major customer accounts.
Northern European sales had risen by 2% in constant currency terms, the company added. “This is an improvement on the declining rate of sales in 2006 as a whole despite the poor weather in May and June,” Uniq said. “Management actions continue to have a positive impact.”
Sales in France rose by 4% in constant currency terms. The first quarter saw a reversal of a declining sales trend, with sales growing by 6% year-on-year in the second quarter.
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.
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 GlobalDataUniq said: “The first half of the year has been in line with our expectations and we are encouraged by the improving sales trend overall. We remain confident of achieving the expected margin improvement in the second half.”
Uniq will publish its interim results on 12 September.
