FrieslandCampina: Higher revenues, but lower profit

Dutch dairy processer FrieslandCampina showed higher revenues, but lower profits over 2017. The milk price increased, which is good news for the member farms. This is stated in the annual overview report over 2017. FrieslandCampina CEO Hein Schumacher on 2017 results: “It was a challenging year with increase in revenues and lower profit. After 2 years of low milk prices, the milk price rose by 24% in 2017 compared to 2016, to € 40.01 per 100 kilos of milk. This is good news for member