The company has stated that it continues to be affected by the price war and will post an unspecified full-year loss.
Harry Bruijniks, chairman of Laurus NV’s group management board, said: “Laurus finished the first half of 2004 with a disappointing result. However, it is still Laurus’ long-term objective to restore the business back to full health. Inevitably this is taking some time.”
Consolidated first-half turnover dropped to E1.782bn from E2.182bn for the same period last year.
Like-for-like sales by the Dutch core activities (Edah, Konmar and Super De Boer), were down by 7.7%