2006 a record year for food industry

The net profit of companies within the industry in 2006 amounted to zl.5.065 billion - zl.700 million more than 2005. Sales also increased by zl.10 billion. These increases have been driven not only by rapidly developing exports but also because of increasing demand at home. Increased efficiency and lower prices agricultural product prices have also been cited as contributing factors. Of course not all companies in the sector had a good year. While breweries posted the largest profits with excesses of zl.1 billion, the tobacco industry did not fare so well. In 2006 tobacco company profitability went into the red at -2,52%. (Puls Biznesu p.4) M.M.