Despite uncertain conditions arising from geopolitical unrest in Africa and the Middle East, Bel Group increased sales by 4.7% to Eur1.22 billion in the first half of 2011. However, operating
Tag "raw material prices"
Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely impacted on the financial performance of Swedish confectionery manufacturer Cloetta