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Bonduelle shrugs off 'sluggish' Europe to deliver growth

By Katy Askew

French vegetable processor Bonduelle broke €2bn in annual sales for the first time, despite what it described as “sluggishness of the consumption in Europe, [the] economic crisis in emerging countries, difficult harvests”.

A Weakening of the Euro has hit ABF's operating profit

ABF profit hit by £30M by weakened euro

By Laurence Gibbons

Associated British Foods (ABF) has revealed its adjusted operating profit will fall for the 52 weeks to September 12, by at least £30M, due to a significant weakening of the euro.

Mixed fortunes for Givaudan as high costs and currency rates counter growth in snacks, dairy and beverages

Givaudan profits slump despite flavours growth

By Nathan Gray

Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

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.

Globus drops into the red

Globus drops into the red

Hungarian food canner Globus has dropped into the red in the third
quarter of 2004, with pressure on prices and the sale of a
production facility contributing to the poor performance. But a
steady move in Hungary towards higher added-value...

Globus posts loss

Globus posts loss

Leading Hungarian frozen and canned food company Globus has posted
a small first quarter loss following a drop in domestic sales and
an unexpected increase in costs.

IFF back on track?

IFF back on track?

Improved flavour sales in Europe gaining from modest gains in
currency conversions boosted first quarter results for the US
flavour giant International Flavors & Fragrances (IFF).
Strategies in 2003 to get the company back into...

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