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Parmalat: group profit up, +1,1%

The food giant closed 2012 with a profit rising to 172,2 million and turnover up 16,4% – The parent company's profit was down, down 24% – The dividend was down.

Parmalat: group profit up, +1,1%

The Parmalat group closed 2012 with a net profit of 172,2 million euros, an increase of 1,1% compared to 2011. Revenues also increased sharply, to 5,2 billion (+16,4 .439,2%), and the gross operating margin which rises to 17,4 million (+1,5%), while the net financial availability decreases, from 809,8 billion to XNUMX million.

The net profit of the parent company Parmalat spa fell by 24% on an annual basis, to 143,2 million. The board's proposal is for a dividend of €0,039 per share, down from €0,052 last year. The group's expectations for 2013 speak of a growth in turnover and Ebitda of approximately 5% compared to 2012.

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