This week, Fonterra reveals its milk supply concerns, Saputo posts
profit growth from its North American focus, and Parmalat says it
is meeting its financial expectations for the year.
Italian dairy group Parmalat has announced its gross operating
profit for the first four months of the year has steadied, as a
government-appointed administrator prepares to meet creditors next
week in an attempt to ward off liquidation.
Shrugging off difficult economic conditions in a number of markets,
Italian dairy group Parmalat has reported solid, if hardly
spectacular, results for the first half of the year.