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Weathering the storm, with chocolate
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Chocolate: good for depression and recession.
With the economy continuing its ever downward spiral, people still need a little pleasure to get through the day. For many, apparently, it's chocolate.
Spanish cocao processor Natra is reporting strong third-quarter sales. Doing business primarily in Europe, the company manufactures chocolate for private labels throughout the continent. Declining cocoa prices have certainly helped, too, but Natra seems to be in a unique position to profit from lousy economic conditions that have put much of the world on the edge of its seat.
Quoting Foodqualitynews.com, "Amongst the explanations for this bumper increase, [Natra] cites its 'solid positioning in a defensive sector, in which chocolate consumption traditionally increases in crisis periods'."
My investment advice? Sink your savings into chocolate bars and keep them hidden in a closet - away from your kids.
For more news about food and sustainability issues, read Industrial Omelet. .PNG)
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