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Transcripts for BBCNEWS Talking Business 20240604 00:33:00

were we caught up with foreign with florian bockermann who owns a microbrewery in northern germany. this crisis is even bigger than the covid crisis, the second crisis in a row. the packaging prices for example, they rose and increased 200%. the buying prices increased by 30%, gas prices increased by 100%. so, we see a big increase in every part of our business. at the moment we have a big reduction in our margin. we tried to keep the prices as long as possible in that area that we are in now. but i think, there will be the time in the next month where we have to raise prices, up to five to 10% to survive. but, here s the question. where in all of this is renewable energy? with oil and gas supplies being an issue, why a country

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Florian-bockermann
Northern-germany
Crisis
Packaging-prices
Microbrewery
Row
200
Part
Business
Prices

Sovos Brands – Premium Packaged Foods To Fight Inflation (NASDAQ:SOVO)

Sovos Brands is a premium packaged foods company that did an IPO in September 2021 and is growing annual revenues at a rapid pace. Read more about SOVO stock here.

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