South American and Asian yeast markets bring strong gains in the
first half, offsetting weaker markets in the US and Turkey,
London-based sugar and ingredients group Associated British Foods
reports today, writes Lindsey Partos.
Spice company McCormick said yesterday that its Q1 profits and
sales were lower than expected, pushed down by struggling vanilla
prices, but remained confident for the rest of the year, writes
A soaring premium beer market in Russia and growing consumption in
Poland and Romania are driving forward a major international
brewer's European profits by offsetting problems in Hungary and
Slovakia, writes Chris Mercer.
Barry Callebaut, the world's top supplier of industrial chocolate
to the confectionery industry, has delivered strong profit for the
year, boosted by the integration of recently acquired US
confectionery firm Brach's and...
Polish soft drinks manufacturer Hoop, a significant player in the
European soft drinks market, has announced a drop in profits for
the financial year 2003 following an increase in expenditure
related to the enhancement of production...
UK chemicals giant ICI closes on a €305 million deal with Irish
food and ingredients firm Kerry to shed the struggling ingredients
arm of its flavours subsidiary Quest International. In the same
week, the ICI group - that includes...
In one of the EU's most expensive food retail markets, Sweden's
Axfood group is to merge its supermarket and convenience store
businesses in a bid to cut costs and lower its prices - vital if it
is to see the same level...