Royal FloraHolland (RFH) expects a loss of EUR 10 million this year, and losses could be even higher next year. The auction is feeling the effects of the rising energy costs and potential reductions in supply. What does this mean for RFH?
The energy crisis is hitting auctions hard. The consequences for Royal FloraHolland are twofold: The immediate consequence is that its energy bills will rise. The indirect consequence is that auction revenues may be lower due to lower supply from nurseries that are left cold, unlit or empty. (..)
Click here to read the article in Floribusiness magazine.
Click here for a free subscription to Floribusiness magazine.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.