Food ingredients company Opta Food Ingredients this week boasted a
healthy 24 per cent increase in revenue for the third quarter with
the demand for fibre products largely fuelling the growth and
catapulting the company into the black.
French food and drink producer Danone highlights its positive
like-for-like sales growth in the year to date, even though sales
in actual terms were lower than in 2001 as a result of exchange
A spokeswoman for Russian dairy and fruit juice group
Wimm-Bill-Dann reports that France's Danone recently increased its
stake in the company. An indication that WBD's policy of rapid
expansion is the right way to go?
A return to stability in Argentina and new acquisitions in Poland,
combined with a general upturn in international markets, should
help French cheese group Bongrain return to growth in the second
Britain's biggest dairy products firm Dairy Crest group is poised
to buy St Ivel spreads from Uniq for £50-60 million pounds (€79-95
million), to rival UK market leader Unilever, industry sources said
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.