Parmalat's profit before interest and tax rose 18.4 per cent in the
first two months of 2006 to € 45 million, with predictions that net
debt would remain stable over the year.
Italian food group Parmalat said on Monday that it had a net debt
of €14.3 billion ($17.6 billion) in September 2003, almost eight
times the figure given by former managers of the troubled group.