CSM TRADING UPDATE FIRST QUARTER 2009
CSM, the world's leading Bakery Supplies and Lactic Acid business, reports a sales growth of 2.9% for Q1 2009. EBITA of €20.1 million in Q1 was impacted by a decline in volumes of 4.2%, a consequence of the current negative economic climate. Continuing actions to reduce cost and working capital will provide increasing support to results in the remainder of the year.
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