Business

Mixed Q1 results for beverage giants

Mixed Q1 results for beverage giants

By Joe Whitworth

Ball Corporation and Silgan Holdings have reported mixed Q1 results with each identifying differing factors that drove performance.

Nestlé posts 7.1% confectionery growth in Q1

Nestlé posts 7.1% confectionery growth in Q1

By Oliver Nieburg

Nestlé has recorded 7.1% growth for its confectionery business in its first quarter (Q1) results released today driven by emerging chocolate markets such as Latin America and Asia.

Chr Hansen shares jump 9% on strong H1 profits

Chr Hansen shares jump 9% on strong H1 profits

By Shane Starling

First half EBIT profits for 2011-12 surged 19% to €83m at Chr Hansen as it shrugged off the effects of severe fluctuations in the price of red colorant carmine, and ongoing probiotic health claim uncertainty in Europe – its biggest yet most stagnant market.

Skinny Cow - One Nestlé Peters Brand

Nestlé Australia cold on ice cream business sale rumours

By Ben Bouckley

Nestlé Australia has refused to confirm rumours that it is looking to exit its Nestlé Peters ice cream business in the country, after press reports today suggested a potential AUS $330m (€261m) sale.

Tate & Lyle has announced its results for the period ending March 31

Starch boosts sales at Tate & Lyle

By Dan Colombini

Stronger industrial starch margins in Europe have boosted sales at sweeteners manufacturer Tate & Lyle following the announcement of the firm’s full year results.

Sarson's is one of Premier's non-core brands attracting interest

Premier Foods’ brands sought by private equity firms

By Dan Colombini

The acquisition of up-for-sale Ragu manufacturer Symington’s could be the key to unlocking the success of Premier Food’s non-core brands, according to city analysts, after reports of private equity interest in the businesses.

Picture Copyright: Fonterra

‘Price battle’ hits Fonterra consumer sales in Australia, NZ

By Ben Bouckley

A retail price war in Australia and New Zealand hit Fonterra’s consumer sales hard in the first half of 2012, while the firm said a strategy refresh will see it refocus its efforts on lucrative Chinese, Asian and Latin American markets.

Real Good Food businesses

Real Good Food sales jump 27%

By Oliver Nieburg

UK bakery and ingredients firm Real Good Food has posted sales and profit growth in its half year results.

Franco-German millers penalised for flour cartel

French flour millers fined over €149m for price fixing

By Jane Byrne

As a probe continues into the practices of French flour mills supplying commercial bakeries, France's anti-trust watchdog has this week hit those producers with a €149.4m fine over price fixing on packaged flour sold in supermarkets.

Pektowin acquisition set to be a lucrative fruit and veg basket for Naturex?

Heavily strategic Polish buy-out for Naturex finalised

By Kacey Culliney

French botanicals giant, Naturex, will venture into the fruit and vegetable concentrates sector for the first time and almost double pectin production, as its acquisition of Polish manufacturer, Pektowin, is finalised.

De Monchy enters the oils trade business

De Monchy enters the oils trade business

By Kacey Culliney

Flavour specialist De Monchy Aromatics has opened a new trading subsidiary that will source and supply essential oils for the global market.

The yeast market is tough, but enzymes and extracts are strong, says ABF

ABF ingredients division's weak link doesn't break strong chain

By Kacey Culliney

ABF’s pre-closed period trading report released earlier this week showed its ingredients business to be its weakest, but the CEO of ABF Ingredients said this is a reflection of the difficult conditions in the yeast and bakery markets, and not on overall...

DSM readies €2bn+ acquisitions war chest as 2011 profit jumps 15%

DSM readies €2bn+ acquisitions war chest as 2011 profit jumps 15%

By Shane Starling

Nutrition and polymers were the stand-out divisions for Royal DSM in 2011, a year that saw operating profits rise 15% from €752m to €866m, as the newly life science-oriented ingredients giant singled out Martek buy-out success and committed to ongoing...

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