Parmalat's net income was almost halved, falling to 76,5 million at the end of the first six months compared to 147,4 million last year. The same goes for the net profit of Parmalat Spa, which collapsed from 77,7 to 34,6 million. Net financial availability also decreased, to 1.421,4 million compared to 1.435,2 in mid-2010. The gross operating margin fell by 14,5%, going to 149,3 million compared to 174,5 million in the same period of 'Last year. On the other hand, the net turnover of the Parmalat group improved by 6%, reaching 2.146,9 billion lire in the first half. These are the first numbers approved by the new board of directors led by Francesco Tatò.
On the international scene, Parmalat's performance continues to be good, especially in Canada and South Africa. In the North American country, in particular, net sales in the first six months of 2011 amounted to 1.045,2 million Australian dollars, up on the 1.029,1 of last June. Business, on the other hand, is less good in Australia, where Parmalat's EBITDA rose from 48,6 to 18,3 million Australian dollars.
