Positive early year signs for Numico
Both Divisions performed well. Baby Food results were particularly encouraging as it reached its first quarter of double digit growth at 11.9%, with Western Europe contributing strongly at 4.3%.
Both Divisions performed well. Baby Food results were particularly encouraging as it reached its first quarter of double digit growth at 11.9%, with Western Europe contributing strongly at 4.3%. Clinical Nutrition continued its strong performance with a sales growth of 12.3%, driven by all regions.
The company said that the progress booked in Q1 gives it confidence in achieving its 2005 targets with a comparable sales growth of 8-10% and a comparable EBITA growth of 10%."
In innovations the company recently introduced the new packaging for Infant Milk Formula, 'EaZypack' in the UK, Ireland and Poland. In Clinical Nutrition Numico rolled out the plastic bottles for sip feed in the UK and France.
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