Colombian Nutresa's net profit up 3.7% in the first half | AmericaEconomy



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Bogotá.- The net profit of the largest producer of processed foods in Colombia, Nutresa, rose 3.7% in the first half to 246.271 million pesos ($ 85.3 million) , compared with the same period last year, due to better sales performance, the company reported on Friday.

Nutresa's operating profit rose 4% in the first half of the year to 4.3 billion pesos ($ 1,490 million). ), compared with the same period of 2017.

"This is the result of volume growth of 3.8%, accompanied by a prudent pricing strategy and a strong growth rate. a decisive investment in brands in the various channels served ". Nutresa in a communication to the financial superintendency

Meanwhile, EBITDA (earnings before interest, taxes, depreciation and amortization), rose 2.4% in the first half of the year to 540,016 million pesos (US $ 187.145 million), compared to the same Mestres del 2017.

Nutresa focuses on the production of processed meats, biscuits, chocolates, coffee, pasta, ice cream, the line of restaurants and glaciers, as well as its diversified activities in Chile under the firm Tresmontes Lucchetti, with a strong employment of 46,577 employees.

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