United States Dollar

Job cuts continue at IFF

Job cuts continue at IFF

International Flavors and Fragrances (IFF) reports continuing job
cuts and a drop in profits for fourth quarter. But stronger flavour
sales in North and South America helped offset a weaker scenario in
Europe.

Ahold rejig takes toll

Ahold rejig takes toll

Preliminary sales figures for 2003 released by Dutch retailer Ahold
today will make for broadly encouraging reading after a turbulent
year marked by fraud revelations and major restructuring moves.

New store boost for Carrefour

New store boost for Carrefour

Carrefour, the world's number two retailer, has made no secret of
its ambitious expansion programme, and with new stores giving a
significant boost to third quarter sales, the company's strategy
cannot be faulted - especially...

Novozymes riding high

Novozymes riding high

Danish enzymes company Novozymes continues on a high this year,
despite a slight fall in food enzyme sales for the quarter,
resulting in an overall boost to 13 per cent for its forecast for
net profit increase for the full year.

Profit drops for DSM

Profit drops for DSM

By all accounts DSM presented a less than rosy set of second
quarterly figures this week with sales and operating profit figures
both plummeting. The company predicts a further downward trend in
the third quarter but should rebound...

Profit plunge for Lonza

Profit plunge for Lonza

Higher raw material and energy costs, matched against a weak US
currency, sent sales for Swiss fine chemicals producer down 3.7 per
cent with operating profit plunging by 16.5 per cent.

Steady results for Danisco

Steady results for Danisco

A satisfactory fourth quarter helped Danish ingredients giant
Danisco achieve a 17 per cent increase in earnings per share for
the 2002/2003. The company reports a particularly strong
performance from its texturant products which...

Stable season for Treatt

Stable season for Treatt

Despite an increase in sales UK flavour and fragrance company
Treatt described trading for the six months to 31 March 2003 as
'challenging' this week, with profit before tax falling by
24 per cent to £955,000 (€1.3m) compared...

Metro gets off to a good start

Metro gets off to a good start

Metro has shrugged off currency concerns and the tough German
economic conditions to post a rise in sales for the first quarter.
But most of the improvement came from non-food operations, and
there is still work to do to improve the...

Latin America hits IFF results

Latin America hits IFF results

US flavours and fragrance giant International Flavors &
Fragrances saw fourth quarter 2002 sales rise 5 per cent to $424.3
million (€391m) from $405.6 million for the same period in 2001,
despite weak economic conditions in Latin...

Ahold encouraged by sales rise

Ahold encouraged by sales rise

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...

Sales steady for IFF

Sales steady for IFF

Flavour sales continued to decline in Europe for number one
flavours and fragrances company, International Flavors &
Fragrances, but despite this the overall picture for the third
quarter of 2002 is clearly optimistic and the...

Bunge poised for record 2002

Bunge poised for record 2002

Bunge, the world's largest oilseed processor, which recently
acquired a 55 per cent stake in rival French-based Cereol, said
yesterday that quarterly earnings rose sharply as a slump in the
Brazilian currency helped boost the...

Spotlight

Follow us

Products

View more

Webinars

Featured Suppliers

All suppliers