ForFarmers third quarter profit up, EBITDA down
Raw material, energy costs hurt results
Lochem, the Netherlands-based ForFarmers N.V. saw gross profit growth in all clusters for the third quarter of 2018, with strongest increases in Germany/Belgium/Poland and the United Kingdom, the company reported on November 1. However, the company was negatively affected by raw material and energy costs.
“We are satisfied with our…