Agricola Bacau reports 5 percent higher turnover in 2010 Q1

Agricola Bacau group has reported a turnover of RON 83 million in the first quarter of 2010, up 5 percent from the similar period of 2009. The results come against a market that has dropped almost 18 percent in consumption and over 20 percent in value. At the same time, the average selling price of Agricola Bacau products dropped only 7 percent. At group level, Agricola Bacau plans to achieve a 17 percent increase in turnover in 2010, with a 3.5 – 4 percent margin.