Paulig achieves record sales, but lower profits - RetailDetail EU

Paulig achieves record sales, but lower profits - RetailDetail EU

Finnish Paulig, known for brands such as Santa Maria and now also Conimex, has reached record sales last year, rising 2.7 % to 1.2 billion euros. Challenging conditions Paulig managed to raise its sales by 2.7 % to 1,198.9 million euros last year, with nearly half (48 %) originating from Scandinavian countries. Comparable EBITDA decreased by 3.4 % to 132.6 million euros (which is 11.0 % of its revenue), while net profit decreased from 89.1 to 67…