Acquisitions drive Natra's sales, profits growth
Spanish confectionery firm Natra announced a 31% rise in sales to 384 million euros and a 41% jump in gross margins. Natra attributed its increase in profits to the purchase of Belgium-based chocolate firm All Crump.
Spanish confectionery firm Natra announced a 31% rise in sales to 384 million euros and a 41% jump in gross margins. Natra attributed its increase in profits to the purchase of Belgium-based chocolate firm All Crump. The company also purchased the Italian brand Nutkao a month after purchasing All Crump. The purchases of these two companies made Natra the leading European producer of chocolate and hazelnut spreads for the private-label market and the second largest chocolate spread manufacturer in Europe.
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