Last but not least: cheese with holes and wet coffee
Disappointment in Lucerne: Swiss dairy products manufacturer Emmi is unable to meet its rosy forecasts for the 2007 financial year. On Monday, it revised its profit margins downwards from 2 to 2.5 percent to 1.5 to 1.7 percent.
Disappointment in Lucerne: Swiss dairy products manufacturer Emmi is unable to meet its rosy forecasts for the 2007 financial year. On Monday, it revised its profit margins downwards from 2 to 2.5 percent to 1.5 to 1.7 percent. However, as one might expect, this is not due to DJ Bobo and his reduced consumption of energy milk after his low flight at the Concour d'Eurovision de la Chanson. No. The reduction in profits has other, much more complicated reasons. The cheese glut, for example: The Swiss cows supplied an extremely large amount of milk, the cheesemakers did their bit, and so too many wheels of cheese simply rolled into neighboring Italy, which was by far the most infatuated with the holey substance, causing prices to tumble. Several million francs were lost in the process. According to the communiqué, however, Emmi was hit even harder by another circumstance: sales of the fresh product Caffé Latte, which had been advertised with a lot of money, suffered from the "wet and cold summer". Perhaps Emmi should seek to cooperate with Mr. Bucheli or Mr. Kachelmann in future. Who would have thought that the sale of dairy products is dependent on the weather. At least the Board of Directors continues to believe in fresh products from Europe, the press release continued.
