Unilever is leveraging acquisitions and innovation to increase its exposure to faster-growing segments that are supported by “accelerating” demand for more “authentic” and “natural” products.
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).
Net profit at Nestlé fell by more than a third in 2015 as the Swiss food giant missed sales forecasts making price rises difficult in a tough economic climate.
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.
Better-than-expected first-half sales growth has allowed the world’s biggest food company, Nestlé, to confirm its 2015 outlook despite poor exchange rates leading to decreased profits.
With economic conditions expected to "remain difficult and unstable" in 2015, Danone has forecast organic sales growth of no more than 5% for the year ahead.
Strong growth in health and nutrition, coupled with increasing demand for cultures and enzymes in Europe and the Americas has led Chr. Hansen to a ‘solid’ performance in Q1, says the firm.
Dutch ingredients supplier Corbion has reported a 0.9% drop in Q2 sales over the same period last year, after strong declines in the firms Biobased Food Ingredients business.
Nestlé has cut its sales growth expectations for the full year – but even the revised target will be a stretch, according to the company’s financial chief.
Swiss chocolatier Lindt has recorded sales below market expectations and could be subject to a takeover from Nestle, according to an analyst from Kepler Capital Markets.
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.
Food ingredients company Danisco has reported “solid” growth during Q1 of 2010, with the continued recovery of its sweeteners division particularly notable.
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.
CSM has reported an improvement in its financials for Q2 thanks to close cost control and efficiency drives; volume growth is still hit by the recession.
Swiss manufacturer Nestlé is building new factories in Brazil and
West Africa to manufacture products for low-income families, said
chairman Peter Brabeck-Letmathe.
Swiss food giant Nestlé has announced plans to open a $359m
(€281.9m) factory and distribution centre in Indianapolis, to cater
for rising demand for its ready-to-drink beverages.
French supermarket Casino has announced a 17 per cent rise in
first-quarter sales, as domestic performance improves and
international sales smash records.
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
growth rate.
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...
The bolt-on acquisition of Rhodia Food Ingredients earlier this
year helps boost sales for Danish ingredients and sugar group
Danisco in an otherwise challenging 2004/05 first half.
Casino, the French retail group, is hoping to benefit from an
improvement in exchange rates in the second half after a first half
of steady growth driven by its domestic discount store operations.
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...
For the first time in many years, the Dutch retail group Ahold has
reported a quarterly loss for the second three months of the year,
an announcement which "hurt" the proud company.
