Business

ABF’s ingredients division needs self-improvement: Analyst

ABF’s ingredients division needs self-improvement: Analyst

By Kacey Culliney

Associated British Foods (ABF) is on track to deliver strong, full-year growth, however, high raw material costs in a competitive environment has seen the group struggle against stronger, more aggressive players in the ingredients market.

Nestlé promises UK Dolce Gusto recycling 'solution' update shortly

Nestlé promises UK Dolce Gusto recycling 'solution' update shortly

By Ben Bouckley

Nestlé plans to build a new Dolce Gusto factory in Germany to capitalise on one of its fastest-growing European businesses, with a growth rate of over 50%, and told BeverageDaily.com it is exploring 'solutions' that will allow UK consumers to...

Albert Adroer

DAIRY MAN OF THE MONTH - FEBRUARY

Dairy man of the month – Albert Adroer (Premium Ingredients)

By Ben Bouckley

DairyReporter.com asked Albert Adroer, general director of Spanish functional ingredients firm Premium Ingredients, what makes him tick in the dairy world, and also how he unwinds in the fair Spanish city of Barcelona.

CSM profit slump prompts rethink

CSM profit slump prompts rethink

By Oliver Nieburg

Ingredients firm CSM has taken a 30% profit plunge in its 2011 results as it looks to refocus its strategy, which will lead to job losses.

Kraft appoints new legal head

Kraft appoints new legal head

Food giant Kraft Foods has appointed Gerhard "Gerd" W. Pleuhs to lead its global legal team after its current head plans to leave in April.

Thorntons plans store closures as profits slump

Thorntons plans store closures as profits slump

By Oliver Nieburg

UK chocolatier Thorntons has suffered a 63% decline in profits in its half yearly report and intends to close almost half of its own stores and focus on commercial retail sales.

'Growth potential' in emerging markets

IFF profits slump 56% on ‘unprecedented’ raw material costs

By Caroline Scott-Thomas

International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.

Raw material price hikes boost sales for AAK

Raw material price hikes boost sales for AAK

By Oliver Nieburg

AarhusKarlshamn (AAK) has posted modest growth in its fourth quarter (Q4) and final year results driven by raw material price increases and strong performance in its core food ingredients segment.

Something to smile about: Pom-Bear sales have reached about £15M

Intersnack's seven figure investment in UK snacks

By Rod Addy

European giant Intersnack is challenging PepsiCo and United Biscuits brands in the UK as it prepares to dramatically increase its profile, with a seven-figure investment in UK production.

Hovis and Kingsmill stuck in British bread ‘slugfest’, analyst

Hovis and Kingsmill stuck in British bread ‘slugfest’, analyst

By Ben Bouckley

After Premier Foods’ announced this week that it plans to up its spend on ‘power brands’ such as Hovis, Investec analyst Martin Deboo told BakeryAndSnacks.com that UK bread was a “terrible industry” to be in due to industry overcapacity.

A selection of Britvic brands

Consumers seek Britvic fizz in flat financial times…

By Ben Bouckley

Fragile fiscal confidence amongst consumers in Great Britain (GB) and Ireland means they are turning away from Britvic’s stills to its lower-priced carbonates, according to an analyst who follows the firm.

Zetar establishes French subsidiary

Zetar establishes French subsidiary

By Oliver Nieburg

UK-based confectionery and snacks firm Zetar has established a French subsidiary to leverage its position in continental Europe.

DSM’s outsource service sees demand grow

DSM’s outsource service sees demand grow

By Sarah Hills

DSM BioSolutions has seen increased demand for its outsourcing services from the food industry, with a growing number of larger companies realising the benefits.

Danisco acquisition provides bright spot for DuPont in 2011

Danisco acquisition provides bright spot for DuPont in 2011

By Caroline Scott-Thomas

DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.

Photo Credit: Finsbury Foods

Export boom boosts growth for Finsbury Foods

By Oliver Nieburg

UK-based bakery firm Finsbury Foods has announced improved sales in a first quarter (Q1) trading driven by significant gains in its export business, but high commodity prices continue to squeeze profit margins.

Sugar keeps things sweet for ABF

Sugar keeps things sweet for ABF

By Jane Byrne

Exceptional sales growth for sugar will fuel expansion at Associated British Foods (ABF), say food industry analysts, even if Q1 continued to highlight struggles for the food ingredients side of the business.

Barry Callebaut growth dented by European shortfall

Barry Callebaut growth dented by European shortfall

By Nathan Gray

A downturn in sales throughout Western Europe has seen Barry Callebaut fail to meet its projected growth for the first quarter. However the Swiss chocolate supplier said it is still outperforming the market.

Follow us

Products

View more

Webinars