Tuesday, March 28, 2023

Emmi breaks sales record

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Over 4 billion francs

Emmi breaks sales record

The milk processor Emmi grew faster than expected last year. Sales broke the 4 billion Swiss franc mark for the first time. The company has grown enormously, especially on the other side of the Atlantic.

Published: 7 minutes ago


Emmi’s sales grew by 7.0 percent in 2022.

Sales at group level increased in Swiss francs by 8.1 percent to 4.23 billion francs, as Emmi announced. Organically, sales increased by 7.0 percent. This puts Emmi well above its own target range of organic growth of 5 to 6 percent.

Among other things, higher sales prices due to increased purchasing, transport and energy costs contributed to this. Since the higher costs were only reflected in the prices with a delay, the margins are likely to have come under pressure in 2022.

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