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Volumes fell to 579,000 tonnes from 610,000 tonnes a year earlier, said the company whose products are used by food makers including Nestle and Unilever (NYSE:UL).
Volumes fell as the Swiss company started ramping up production again at its Wieze factory in Belgium, which was hit by a health scare last year.
Sales revenue increased by 3.8% to 2.1 billion Swiss francs ($2.28 billion), as the company passed on raw material price increases the company said. In local currencies revenues increased by 7.2%.
“With Wieze fully operational since end of October and against a strong comparator, we had, as expected, a slow start to the year,” said Chief Executive Peter Boone in a statement.
“In markets where Gourmet products were widely available, we continued to win. We are committed to achieve our current 3-year mid-term guidance in this final year, based on our broad product portfolio and broad geographic and customer base.”
($1 = 0.9229 Swiss francs)
