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News briefs: Arla, Global Dairy Conference and Danone

This week, Arla Foods increases payouts to its UK dairy farmers, Athens is picked to host the second Global Dairy Conference in March and Danone may have further expanded its...

Fonterra expects full year growth ahead

New Zealand-based dairy cooperative Fonterra says it has benefited from both its raw dairy and processing businesses as revenues rose NZ$853m (€449m) to NZ$7.3bn (€3.8bn) over the first half of...

Dairy Crest defies costs in profit drive

UK-based Dairy Crest says that is full year financial expectations remain unchanged following its third fiscal quarter despite increased milk costs and a £9.4m (€12.6m) fine for alleged anti-competitive practices.

Danone quiet on Indian milk buy talks

Danone yesterday remained tight lipped over the possibility of making an imminent acquisition into India's high growth dairy market, as part of the company's longstanding expansion aims for the country.

UK cooperative opts out of dairy production

Dairy Crest and the East of England Co-operative Society are in discussions over the sale of the latter's dairy operations as it struggles to meet the growing costs of development...

Glanbia predicts positive year as milk markets evolve

Glanbia expects to report a positive performance for 2007 driven largely by its food ingredients, global nutrition businesses, and increased demand for dairy products on the global scence.

Briefs: Danone, Parmalat and Bulgarian farmer woes

With the festive period sadly done and dusted, takes a look at some of the major happenings over the christmas period.

Friesland, Campina talk merger; CEO stands down

Friesland Foods and Campina revealed today that exploratory talks are underway to merge into a global dairy giant - and Campina CEO Justin Sanders is standing down "to give the...

Further joint venture upheaval for Danone

Danone says it has terminated another Chinese joint venture, this time with local dairy group Mengiu, due to a lack of progress in the collaboration.

EBRD plans Ukrainian dairy investment

The European Bank for Reconstruction and Development (EBRD) is looking to tap growing potential in the Ukrainian dairy sector with a planned acquisition of a 17.5 per cent stake in...

Chr Hansen strengthens probiotics with Medipharm buy

Chr Hansen has signed a conditional agreement to buy Swedish Arla Foods' subsidiary Medipharm, a deal which will strengthen the Danish firm's probiotic activities.

Wimm-Bill-Dann profits despite dairy cost crunch

Russian group Wimm-Bill-Dann posted a 40.4 per cent increase in sales to $1.75bn (€1.2bn) during the nine months of its current financial year, on the back of a strong performance...

Emmi expects dairy turnaround in 2008

Dairy group Emmi says it remains in line to achieve its full-year objectives despite falling short of earnings targets and expects greater stability in both milk prices and it owns...

Court rules against Danone in Wahaha battle

Danone's right to the trademarks of joint venture partner Wahaha have been terminated after it lost an arbitration battle in a Chinese court, the group said today.

UK dairy groups admit price fixing role

A number of UK-based retailers and dairy processors have admitted involvement in alleged dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about £116m (€161m).

Long term fears over New Zealand dairy costs

New Zealand farmers continue to step up milk production following a bumper year for their exports, though the country's long-term status as a low cost dairy producer could be under...

Nestle, Vivartia fined in Greek milk price probe

European dairy giants Nestle and Vivartia are among a number of companies facing fines imposed by the Greek competition authority for allegedly fixing dairy prices in the country, press reports...

Nutritek announces dairy divestment for profit push

Nutritek, a leading Russia-based manufacturer of infant nutrition products, is selling off its dairy and agro business operations in the country to focus on functional baby food production in Asia...

Diversified dairy market leaves room for manoeuvre

Danone was the world's leading producer of dairy products in 2006, accounting for 5.1 per cent of total global sales, narrowly ahead of multinational rivals Nestle and Kraft Foods, says...

First Milk mulls cheese and whey plan

First Milk, a leading UK dairy cooperative, announced that the company is considering developing its production facilities for higher value dairy goods.

Parmalat boosts sales 5.4 per cent on rising demand

Italy-based Parmalat, one of the world's largest dairy companies, yesterday reported a 5.4 per cent increase in sales boosted by rising demand for its products in the nine months ended 30 September.

Fonterra considers flotation

Fonterra is initiating a two-year consultation to adopt a preferred capital structure that could see it split in two and listing on the New Zealand Stock Exchange, to better take...

Organic milk profits on health claims

Sales of organic milk within the UK are up by about 11 per cent to 200m litres a year, boosted by studies linking the product with a number of health...

Robert Wiseman boosts turnover 12 per cent

Helped by a global shortage of raw milk, Robert Wiseman Dairies beat back increased input costs to raise margins and boost turnover by 12.2 per cent for the six months...

Buoyant baby market fills Numico's coffers

Baby food sales are up for Numico by more than 10 per cent - but product prices will be bumped up to offset rising costs.

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