17 March 2023
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Transportation costs impact on 10% rise.
POTATO breeder HZPC expects its turnover to grow 10% from last year's figures, with a gross margin of 66 million Euros.
The higher turnover is attributed to high international transportation costs in 2022 and a sharp fall in 2023.
CDO Gerard Backz said: "The result is growing mainly thanks to ares outside Europe, whree licensed cultivation takes place - mainly in Asia and America."
Input costs above inflation rate
Contracts up to 30% higher in EU as production costs hit
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