Italian dairy group Parmalat revelead 3rd quarter results where it has raised its 2009 FY forecast however its profit shows a 55.6% decrease versus last year same period. The company underlines that with EBITDA up 20.6% to EUR265.3m. EBITDA margin rose to 9.3%, up from 7.6% in the comparable period of last year.

Parmalat raised its  full year earnings outlook for 2009  to EUR350m, up from its previous estimate of EUR310-320m. The Parma-based dairy firm also expects its sales to rise around 1% and 2%.