22 Feb 2018 --- Revenues of Royal FrieslandCampina N.V. have increased by 10.1 percent to €12.1bn (US$14.8bn) in 2017, primarily due to higher sales prices and the inclusion of Engro Foods in Pakistan. Profit decreased by 37.3 percent to €227 million (US$278m) and in addition to negative currency translation effects, the profit was lower due to write-offs of assets in China and Germany and restructuring costs. The higher milk price was largely offset by increased revenues; this put the margins, particularly in consumer activities, under pressure.
