Expanding away from its traditional Moscow heartland has helped
increase sales and volumes at dairy product and fruit juice maker
Wimm-Bill-Dann - but the cost of this programme took its toll on
first half profits.
Exposure to volatile international dairy markets impacted the dairy
ingredients business at Ireland's Glanbia in the first half, but
improved performances from consumer food products helped redress
Danish oils and fats company Aarhus Oliefabrik on Thursday reported
a drop in operating income to DKK93m (€12.5m) for the first six
months of 2002, down from DKK 125m (€16.8m) for the same period
last year, but despite this the company...
As part of its strategy for regional expansion in Russia,
Wimm-Bill-Dann Foods has purchased Roska St. Petersburg Dairy
Company for about €12 million. The company plans to increase output
and modernise existing facilities.
Dairy Foods, a New Zealand consumer dairy products company, said it
will merge its food and beverages divisions as part of a major
restructuring of the company. Some of the company's 900 staff will
be made redundant but the extent...
Danish enzyme company Novozymes claimed this week that research
into local crops in Brazil as a source of inexpensive and
nutritious food is part of a cooperation agreement between
Novozymes Latin America and Tecpar, the institute...
Danish enzyme group Novozymes this week reported continued business
growth for the first half of 2002 with an increase in the net
turnover of 8 per cent to DKK 2,715 million (€29.2m) compared to
DKK 2,508 million for the sameperiod...
The UK Advertising Standards Authority (ASA) has ordered an animal
rights pressure group to stop making "alarmist" and
"unsubstantiated" claims about the risks of eating meat, the
BBC reported on Thursday.
Australian yeast and natural ingredients company Burns Philp this
week reported a healthy 65 per cent jump in net profit to A$146.2
million (€80m) for the fiscal year ended 30 June 2002, despite a
drop of 2.1 per cent in sales to...
Italian energy company Edison and a consortium of sugar beet
producers said on Friday that they had, once again, agreed to
extend exclusive talks on the sale of Edison's 54 per cent stake in
French sugar company Beghin-Say, to...