Scotch & Soda posts 3 percent rise in annual turnover

On a consolidated basis, Scotch & Soda reported revenue growth of 3 percent to 335.6 million euros (394 million dollars) for fiscal 2016/17 from 325.9 million euros (382 million dollars) a year earlier. The Amsterdam-based company returned to profitability last year after reporting heavy losses in the year 2014/15. This year again the company posted losses of 5.4 million euros (6.3 million dollars) against a profit of 1,1 million euros (1.2 million dollars) last year.