Year 2017- strong performance and progress in transforming Fazer into a modern sustainable food company
Year 2017- strong performance and progress in transforming Fazer into a modern sustainable food companyFinancial year 2017 in brief · Reported net sales increased by 2% to EUR 1,641.6 million (2016: 1,603.1) · Comparable net sales, excluding excise tax in 2016, increased 4%. · Operating profit increased to EUR 92,1 million (90.1) · Cash flow from operating activities was 149.6 M€ (146.6) and gross investments amounted to 108.0 M€ (104.6) · Fazer renewed its strategy and established a new business area Fazer Lifestyle Foods Outlook for 2018 Fazer’s net sales are