The revenue for food and beverages companies selected from our pool of main players [over RON 1mn in revenues] increased by over 12% on the year to RON 38.5bn [over EUR 9bn] in 2011.
The growth rate was pretty similar in euros. The food prices increased by 6% y/y nominally on average - meaning that the real sales actually increased by only some 6% on the year in 2011.
Overall net profit margin improved slightly to 1.3% in 2011 from 1.1% in 2010 - but there are wide discrepancies in this...
Keep on reading: Romanians consuming more food now than the year before?
Keep on reading: Romanians consuming more food now than the year before?