The Meal Service business area operates in a more positive market climate. Growth amounts to 8% and we believe that the increase is well in line with the market as a whole. Meal Service is enjoying strong growth in Central Europe, but facing a tough challenge on the Nordic domestic market.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #

The Consumer business area has strengthened its positions significantly since 2012. During the past two years, several important contracts have been won and the change in strategy has resulted in a more attractive market offering. Among other things, the “Designs for Duni”® initiative has come to play an increasingly important role and it is pleasing that the concept is continuing to grow with strong profitability. Consumer increased its revenues during the quarter by 36% compared with last year. Paper+Design accounts for approximately one third of the growth. Profitability in the quarter is slightly stronger than last year.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #

As a consequence of last year's acquisition of Duni Song Seng, New Markets is continuing to grow at a very fast rate. Sales increased by 85% during the quarter. Excluding Russia and Singapore, other export markets have a growth of approximately 10%. We are continuing to face challenges on the Russian market, where domestic demand has fallen due to a sharp devaluation of the currency combined with the political climate. We are witnessing stable growth in other prioritized areas.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #

Materials & Services is experiencing a slowdown in sales but with more stable profitability. The trend is entirely in line with the phase-out model decided upon for the hygiene products business.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #

Duni's overarching ambition is to grow with profitability on prioritized markets. Growth will take place organically through gradually improved efficiency and market offerings, complemented by acquisitions. An additional acquisition was carried out during 2014, at the same time as initiatives vis-à-vis the market were intensified. Improved customer service, enhanced brand attractiveness and improved cooperation between market, logistics and sales are very highly prioritized in the work going forward.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #

As we now enter the second half of the year, we are doing so supported by underlying growth and the acquisition of Paper+Design. This is, of course, very gratifying, and top priority is now being given to implementing efficient, value-driving integration work,” says Thomas Gustafsson, President and CEO, Duni.

 

Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014.1 April – 30 June 2014-Net sales amounted to SEK 1 017 m (914). #