Manner: Slight Decline in Sales and Profits

Businessn.a. ♦ Published: November 11, 2010; 12:02 ♦ (Vindobona)

Sales of the Viennese confectionery manufacturer are 1.4% lower that those of the previous year. Continued high prices of raw materials put pressure on the results.

Manner: Slight Decline in Sales and Profits / Picture: © Manner

After three quarters, sales revenues (including revenue from merchandising products) of Manner AG are 1.4% below the previous year. Compared to last year, sales continue decreasing the same as before. The export share of product sales has dropped marginally from 57.9% (2009) to 57.5%.

Because of current lower sales and diverse one-time effects (real estate sales, reversal of…

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