Friesland hit hard by dioxin crisis

Posted 1 January, 2000
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The Belgian dioxin scare has made a serious hole in profits at Dutch co-operative Friesland Coberco Dairy Foods.
The company expects to achieve 1999 net profits of 34 million Euros, compared with 56 million Euros in 1998. Friesland says the dioxin crisis was responsible for 17 million of Euros this drop.
In a statement, the company said: