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May 22, 2015 8:43 PM ET

Food Products

Company Overview of Parmalat SpA

Company Overview

Parmalat SpA produces and distributes food products in Europe, North America, Latin America, Africa, and Australia. The company operates in three segments: Milk, Cheese and Other Fresh Products, and Fruit Beverages. The Milk segment offers UHT, pasteurized, condensed, powdered, and flavored milk products, as well as cream and béchamel. The Cheese and Other Fresh Products segment provides cheese, yogurt, fermented milk, desserts, and butter. The Fruit Beverages segment offers fruit juices, nectars, and tea. The company also provides milk powder, bulk milk, pasteurized and UHT cream, probiotics, margarine, ice cream ingredients, soy drinks, extended shelf life milk, cream-based white sauces, a...

Via delle Nazioni Unite, 4

Collecchio, PR 43044

Italy

Founded in 1961

17,639 Employees

Phone:

39 05 218081

Fax:

39 0521 80 85 42

Key Executives for Parmalat SpA

Chief Executive Officer, Group General Manager and Director
Total Annual Compensation: $975.0K
Compensation as of Fiscal Year 2013.

Parmalat SpA Key Developments

Parmalat Reports Earnings Results for the First Quarter of 2015

Parmalat reported earnings results for the first quarter of 2015. The first quarter results were good overall compared to the same period of 2014. Current exchange rate and current [indiscernible], the company is [indiscernible] 14% in sales and plus 7% [indiscernible]. Different to the situation on the holding company, their EBITDA improved from EUR 12.5 million to EUR 16.4 million. The, at constant exchange rate, revenue and EBITDA have increased by 4.7% and by 8.3%. The profitability of the company in first quarter is lower than last year, which was expected.

Parmalat SpA Appoints Yvon Guerin as CEO

Parmalat SpA has appointed Yvon Guerin, general manager and director, to the post of CEO of the company.

Parmalat SpA, Q1 2015 Earnings Call, May 13, 2015

Parmalat SpA, Q1 2015 Earnings Call, May 13, 2015

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