The breakfast cereal giant has announced it will hike the prices of products like Corn Flakes, Pop-Tarts and Pringles to protect margins amid expectations of high-cost inflation in 2022.
Leading chocolate manufacturer Barry Callebaut has reported an
increased operating profit (EBIT) of 14.6 per cent for the first
nine months of fiscal year 2005/06.
Leading chocolate ingredients supplier Barry Callebaut is targeting
the European chocolate and cappuccino vending mix business with the
acquisition of cappuccino mix company AM Foods from Nordic dairy
firm Arla Foods.
Global chocolate supplier Barry Callebaut said that recent
acquisitions had boosted its six month figures, with net profit
showing double-digit growth. But low cocoa prices affected
activities at the processing arm of the company.