Kellogg’s 136% profit plunge for the fourth quarter (Q4) is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.
Oilseed processor Bunge has reported an encouraging start to its
second half financial year, after adjustments to its South American
business have allowed the firm to stabilize disrupted business in
the region.
International Flavors & Fragrances on Wednesday announced
higher profits for Q4, but sales dipped slightly as a result of a
poor performance from its European fruit preparations business.