UK sausage-skin maker Devrp has warned that its full-year operating profit will likely miss forecasts.
The company blamed higher input costs and the negative impact of currency exchange, due to a weak Czech crown.
Nevertheless, the company emphasised that volumes have continued to grow across a number of key markets, including Japan, Europe and the Americas.
The company also unveiled plans to invest GBP35m in increasing capacity and productivity initiatives in 2013 and 2014.
Source:
http://www.just-food.com/news/devro-issues-profit-warning_id120879.aspx
