Nestlé has said that it wants to deliver “industry leading volume growth” by leveraging key consumer trends. The company detailed exactly how it intends to achieve this at its investor summit in London yesterday (26 September).
Danish biotech giant Novozymes narrowed the range of its full year outlook to the lower end as the firm reported a 17% rise in Q3 net profits and strong sales in Food & Beverages and feed and Agriculture & Feed.
Frutarom has reported a strong start to the year as the recovering economy and restocking trend brought organic sales growth, but has warned that it will continue to “act determinedly” over its selling prices when raw material costs require.
Danish bioscience firm Chr. Hansen is raising its revenue predictions by 11-13 per cent for 2010/11 after what it describes as “strong growth” in its first quarter from the September 1, 2010 to the end of November.
Danisco has reported the first quarter of year-on-year growth for its sweeteners division since xylitol problems struck two years, but staff reductions are on the cards to get a strong foothold on profitability.
Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
Nestle, the world's largest food company, depended on its pet
business, beverages and ice creams to keep overall sales growth
humming at 5.2 per cent during the first half of the year, although
Europe remained sluggish at 1.5...
Disposals and currency exchange rates pushed down full-year sales
at Nestlé, the world's biggest food producer, but the decline had
no impact on profitability, which grew by a healthy 8.1 per cent
during 2004. IN order to stay...
Ahold's troubles continued in the first quarter of the current year
with sales dropping 11 per cent compared to 2002, mainly due to
exchange rate declines. But organic growth at most units was solid,
a small ray of hope for the...
Chr. Hansen - Food Ingredients saw net sales rising by five per
cent in Europe, South America and Asia/Pacific for the first
quarter ending 30 November 30, 2002 but plunging by six per cent in
North America. The overall impact - the...
Last year was a difficult one for Dutch retail group Ahold, at the
profit level at least, but the final sales figures for 2002 were
nonetheless encouraging. But with organic growth rates slowing
considerably compared to 2001, there...
Things are not looking good for Ahold, the Dutch retail group which
for many years has been the darling of the stock market.
Substantial write downs from its South American business announced
earlier in the year have now been followed...