News & Analysis on Food & Beverage Development & Technology
Despite a testing global economic climate, sales remained steady and earnings before interest and taxes rose for German speciality chemicals company Degussa in the first quarter of 2003. But guarded optimism remains for 2003.
Danish probiotics maker Chr. Hansen reported flat sales in its food ingredients division for the first six months of the year ended 28 February 2003.
Company results continue today with US ingredients company MGP Ingredients reporting net losses for the third quarter ended 31 March 2003 due to a combination of factors including higher energy costs and the lack of expected funds from the US...