Thu 03/30/2023 10:33 AM
Prosol’s core business Grand Frais continued to recover and take market share during the France-based fresh food group’s first quarter of 2023 ending in December 2022, and during January and February. However, losses at some of its other ventures are deepening and management remains committed to continue trying to make them work despite the group’s heavy cashburn, sources said.
Prosol generated €710.6 million of sales during Q1, which was in line with €710.8 million budgeted and...
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