The revenue for food and beverage 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 similar in euros. Food prices increased by 6% y/y nominally on average – effectively real sales actually increased by approximately 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 among separate market segments.
Generally, the profitability in beverages lags behind that in the food area.
This is only a small extract of the insights in the Intellinews Romania Agri-Food Sector report; read more and purchase>>