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Ebro maintains profit levels
Ebro Puleva , the Spanish dairy products, rice and sugar group, has reported sales of €476.4 million for the first quarter of 2003, a 7.3 per...
Raisio to start margarine production in Russia
The subsidiary of Raisio Group, Raisio Nutrition, has bought a dairy in Istra, just outside Moscow and is due to start production there as soon...
Nestlé sales hit by franc strength
Organic growth of 4.6 per cent and a 6.3 per cent hike in revenues at constant exchange rates were the highlights of the first quarter...
Bel hit by dollar decline
The continued decline in strength of the US dollar against the euro, as well as the economic turbulence in Germany and the Middle East, took...
Healthy first quarter for Danone
French dairy-to-biscuits group Danone reported like-for-like sales grew 7.8 per cent during the year, although negative exchange rates and the impact of disposals (notably that...
Valio improves at home and abroad
Valio, the Finnish dairy products group, has reported a 5 per cent increase in turnover for 2002 to €1.6 billion, with both its cheese and...
Nestlé still pushing for Dreyer's deal
The protracted negotiations over the acquisition of US ice cream group Dreyer's by Switzerland's Nestlé group show little sign of reaching a conclusion, but the...
Danone invests in probiotics firm
French yoghurt manufacturer Danone has announced that it has raised its stake in Japanese probiotics maker Yakult to 19 per cent. The investment in Yakult...
McLelland extends production facilities
Scottish dairy producer McLelland is investing a total of £13 million to extend its cheese-making operations in Stranraer. The investment includes a £4 million development...
Parmalat bullish after solid performance
Parmalat, the Italian dairy group, has reported a slight decline in sales for the 2002 financial year, due entirely to currency devaluations which impacted its...
Express, Arla to merge UK units
Express Dairies is to merge with Arla UK, the British arm of Scandinavian dairy group Arla Foods, to create a new company which will be...
Back to basics pays off for Campina
Dutch dairy group Campina has reported solid results for 2002 as its long-term strategy of focusing on its core business continues to bear fruit. Although...
Fourth year of growth for WBD
Russian dairy products and fruit juice company Wimm-Bill-Dann has reported a 22.3 per cent increase in sales for 2002, marking the fourth consecutive year of...
Dairy Crest set to hit targets
Dairy Crest, the UK chilled dairy foods company, is on track to meet its profit targets for 2002 after strong performances from its leading brands...
Organic partnership for Yoplait Dairy Crest
Yoplait Dairy Crest, the UK-based dairy producer, has formed a new partnership Horizon Organic Holding, the owner of the leading brand of organic milk in...
Arla will struggle to hit targets
Pressure on prices, unfavourable foreign exchange rates and a decline in German sales mean that Scandinavian dairy company Arla will have difficulty meeting its profit...
Dairy products, juice - and bottled water
fruit juice, has embarked upon a third line of business - bottled water. The company yesterday announced the inauguration of its new bottled water production...
IDB strengthens convenience foods
The Irish Dairy Board, best known for its Kerrygold brand of dairy products and ingredients, has acquired a majority shareholding in the Meadow Cheese Group,...
Quality boosts Bongrain results
Bongrain, the French dairy product group, has reported a successful end to 2002 with operating and net profits both increasing over the previous year. The...
Key brands drive Friesland Coberco
Key brand sales at Dutch dairy company Friesland Coberco increased by 14 per cent last year, helping the company to a 9 per cent rise...
Emmi creates new Swiss cheese group
Switzerland's Emmi group has created a new company, as yet unnamed, which will combine all its various processed cheese operations under one management. The Lucerne-based...
Unilever to invest in 'frozen' assets
Anglo-Dutch consumer goods group Unilever has announced plans for a major shake up of its €5 billion ice cream business, including increased investment in marketing...
Wimm-Bill-Dann upgrades production facilities
Wimm-Bill-Dann Foods has installed new production lines at two of its dairy plants located in the Central Region of Russia, as part of a continuing...
Glanbia suffers from dairy market fluctuations
Weak international dairy markets took their toll on sales at Ireland-based food and ingredients group Glanbia in 2002, pushing down turnover from €2.6 billion to...
Parmalat denies financial concerns
Parmalat, the Italian dairy group, has issued a statement in response to growing rumours in the press that the company was in financial trouble. "The...
