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Campofrio increases its profit by 9.2% in the first half and negotiates the purchase of the French Moroni.
Campofrio Food Group consolidated net profit of 10.7 million euros in the first half of the year, representing an increase of 9.2% over the same period last year, the company, which negotiates the purchase of French Salaisons Moroni.
This firm is a leader of the French production of cured sausages and the main competitor of the meat in France, Europa Press reported the, cheap aion kinah, company sources.
The gross operating profit (Ebitda) of the company in the first half stood at 73 million euros, representing growth of 22% over the same period last year. In addition, EBITDA margin reached 8.4% of sales, 1.6 percentage points better than the first half of last year.
In the first six months of the year, alganon gold, the food group has turned in favor of the trend that kept a record sales volume growth of 1%, achieved a turnover of 864 million euros.
The carnica stressed that the upgrade was possible "thanks to sales growth experienced by the group's brands in the first half of the year, from 3% in volume in modern distribution and 1% in value.
The evolution, tera gold, of sales was particularly positive in the first six months of the year in the companies of the two largest markets, with growth of 7% in France and 4% in Spain.
The food group reduced its financial debt of EUR 20 million during these six months, until it reached 390 million euros at the end of the first half.