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  13/03/2017 | Ingredients

Hochdorf Group posts record earnings in 2016

The Swiss Hochdorf Group significantly increased its earnings in the 2016 business year to record levels of EBITDA and EBIT, at CHF 33.4 m and CHF 22.5 m. The company achieved gross sales revenue at the previous year's level of CHF 551.5 m. In the 2016 business year, the group sold products totalling 237,054 tonnes (- 2.4 % compared to previous year).

The group processed 741,769 tonnes of milk, cream, whey and milk permeate (- 2.6 %). The Dairy Ingredients Division achieved gross sales revenue of CHF 401.9 m in 2016 (-3.2 %). The volume of liquid purchased and processed by Hochdorf Swiss Nutrition Ltd rose by 5.2 % on the previous year, to 409,119 tonnes. The Baby Care Division increased gross sales revenue by + 11.8 % to CHF 123.4 m. And the Cereals & Ingredients Division achieved total gross sales revenue of CHF 25.7 m in 2016 (+3.2%). The slightly higher gross sales revenue was achieved through an improved product mix: the sold quantity of products went down by - 6.3 % to 3,449 tonnes. The division is on course, thanks to various measures for cost optimization and streamlining the product range. www.hochdorf.com

www.hochdorf.com