The leading French farming cooperative group InVivo, have posted revenue of € 4.4 billion for 2009-2010, down 12.8 percent on the previous year. This downturn was expected due to the fall in agricultural raw material prices and the gloomy environment throughout the year for animal and plant production.
The consolidated net income of € 27.7 million was the same as last years. Returns paid to the cooperative before the end of year was up by 17.5 percent to nearly € 55 million. InVivo results were satisfactory despite the agricultural situation in the financial year 2009-2010. Read more...
This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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