Kalev Savoring Larger Profits (1)

(Postimees/Scanpix)
6/2/2014 4:45 PM
Category: Economy

Chocolate manufacturer Kalev has announced a net profit of 2.4 million euros in 2013, up 44 percent compared to the previous year.

Turnover also increased, by 9 percent, to 38.5 million euros.

A total of 8,700 tons of sweets were sold, with 12 percent being exported. Half of export volumes ended up in Finland.

The company set up a new production line in 2013, which tripled the speed of making candy.


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