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The Group took action to recoup costs through a second price increase in late summer but considering contracts already in place and the magnitude of the spike in costs, the effect of those mitigating actions will inevitably manifest itself with a time-lag. A new round of price increases was announced applicable on January 1st aiming to recover the margin lost due to cost inflation.
Region: Belgium
The sales revenues declined by 16 percent year-on-year to 100.716 million manats.
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