G. Willi-Food lowers 2007 revenue view

Oct 11 (Reuters) - Israeli food importer G. Willi-Food International Ltd (WILC.O) lowered its 2007 revenue forecast, hurt by higher prices, weather-related problems and reduced milk production.

For 2007, the company expects revenue growth of 25 percent to 35 percent, compared with its prior forecast of 30 percent to 40 percent. In 2006, the company had reported revenue of $45.1 million.

G. Willi-Food said it expects about 23 percent increase in third-quarter revenue over the year-ago figure. (Reporting by Shamik Paul in Bangalore)