Caffreddo aids profits for German dairy

Posted 17 March, 2011
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Once again, the coffee flavoured Caffreddo dairy drink helped push the financial results of its German dairy, Schwalbchen Molkerei, up another notch. Increase in 2010 consolidated turnover is 4.3% at EUR178.9 million. This includes the catering and industrial product supply branch of the Schwalbchen cooperative and its “Harzer” whey-cheese specialty plant, the last making a loss of 4.9%. On its own through, the fresh dairy products including Caffreddo drinks actually increased earnings by over 8%.
The coffee drinks section had a line-up of three different Caffreddo drinks: Latte, Latte Macchiato and Latte Cappuccino. But there’s another type on the shelves now: a Caffreddo billed as an “Australian-type coffee drink” and labelled “Flat White”. This features a double shot of espresso.