Review of Confectionery business

Year 2016:

  • Net sales for the Czech operations increased by almost 15%: while net sales for the whole confectionery business declined
    • Sales growth in Pedro brand continued in the Czech Republic
  • Producer of inclusions and toppings Nimbus showed increased sales
  • EBIT down from the comparison year
    • Czech operations account for almost 50% of EBIT
  • Continued challenges at the UK Leicester plant