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.
US food company Cargill, the new owner of French starch
manufacturer Cerestar, reported $161 million (€182m) in earnings
for the third quarter ended February 28, up 63 per cent from $99
million earned in the same period a year ago.
US flavour company International Flavors & Fragrances Inc. this
week reported an increase in fourth quarter 2001 earnings per share
of $.30 (€0.34), increasing 100 per cent and 67 per cent compared
to the fourth quarter of 2000.
The U.S. ethical nutrition market is divided into four very
distinct categories: the infant formula market, adult enteral
formula, parenteral formula and ethical nutrition supplies and
equipment markets.
German chemicals maker BASF said on Tuesday its net profit rose 21
per cent in the third quarter from the same period a year earlier,
boosted by the sale of its drug unit.
In a month when many companies in the food industry have reported a
downturn in profits Swiss flavour and fragrance company Givaudan
boasted healthy results.
Danisco, the Danish food ingredients company, reported this week
that consolidated profit exceeded expectations for the first
quarter from May 1 to July 31, 2001.
On June 25, the Anglo-Dutch consumer products giant Unilever
recognised that the imminent introduction of the euro single
currency had helped accelerate...
The French-Italian food group Eridania Beghin-Say reported a 42.4
per cent increase in its final result to Euros 8.4m for the first
quarter 2001, Les...
Novartis, the Swiss drugs company, said on Monday it has bought 20
per centof the voting shares in Roche, its competitor, for
SFr4.83bn ($2.8bn) cash,...
Unilever, the Anglo-Dutch food and consumer products group, said on
Friday that its five-year Path to Growth plan to improve sales and
margins was on...
