13 Mar 2015 --- The Russian boycott of western agricultural products hit profits at Dutch dairy cooperative FrieslandCampina last year, leading to a drop in profits of 13.1% on stable global revenue of €11.3bn. As part of its 2014 results announcement this week the company stated that it didn’t believe demand in Russia would recover quickly, “even if the boycott is lifted”. Meanwhile, 2015 looked equally uncertain, according to the company.
