Kraft, in its second quarter results, reports continuing challenges ahead for its gum and candy division in developed markets, and claims the Cadbury takeover is a fundamental earnings driver, with its global chocolate earnings up 9 per cent.
DSM has tendered its 4.95 per cent stake in Danish ingredients firm Danisco, after buyer DuPont raised its offer to DKK700 on Friday following discussions with major shareholders.
Breakfast cereal manufacturer, General Mills, admits it fell far short of goals for 2010 in terms of reducing energy consumption and greenhouse gas emissions (GHG) but has flagged up a packaging commitment.
Nut and snack maker Diamond Foods has increased its outlook for fiscal year 2011 after volumes rose 40 per cent in Q1 following the acquisition of Kettle Foods.
American children now see less TV advertising for confectionery products, but more for fast food, according to a new study that recommends continued monitoring of marketing practices and food company pledges.
Barry Callebaut today said profits for the first half of the
year remained stable as high input and expansion costs
offset overall sales volume increases for the Switzerland-based
firm.
The US dairy industry is having to change its attitudes towards
export markets, amidst growing international demand for both
finished products and ingredients, an industry organization has
said.
Naturex is targeting an operating margin of 11 per cent in 2008 as
its acquisitions of Chart and Berkem's Actifs Innovants yield
profits, but it will take longer to turn loss-making Hammer Pharma
into a positive contributor.
The latest consumer survey conducted by the UK's Food Standards
Agency points to a drop in concern about salt and fat levels in
foods, which the agency says reinforces the need for
awareness-raising initiatives.
The food industry has a window to research ways to reduce saturated
fat in products before the UK's FSA starts its consumer awareness
campaign at the end of this year, says an expert from ADM who is
anticipating a swell of interest...
Coca-Cola posted a 20 per cent improvement in operating revenues,
amounting to $28.8bn during the full fiscal year as the company
harnessed its international presence to drive growth in both its
carbonated and non-carbonated brands.
