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 such as Clover, Cathedral City, Frijj and Yoplait.
Organic partnership for Yoplait Dairy Crest
Dairy Crest has extended its partnership with leading US organic
dairy producer Horizon Organic Holding.
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 targets for 2003.
Dairy products, juice - and bottled water
Wimm-Bill-Dann is to launch its own brand of bottled mineral water
in Moscow and St Petersburg, marking the company's entry into a
market with significant potential.
IDB strengthens convenience foods
The Irish Dairy Board, producer of the Kerrygold brand, has
acquired Meadow Cheese, a UK-based company supplying cheese to
producers of processed convenience foods.
Quality boosts Bongrain results
The quality of its products - and an ongoing programme of
international expansion - helped French cheese maker Bongrain to
lift its profits last year despite a decline in sales.
Key brands drive Friesland Coberco
A strong performance from key brands, plus the addition of a number
of new products previously owned by Nutricia, helped Dutch dairy
group Friesland Coberco overcome the negative impact of depressed
world dairy prices in 2002.
Emmi creates new Swiss cheese group
Swiss cheese company Emmi is to merge three business units from 1
January next year to create a company dedicated to the production
and marketing of processed cheese, in particular fondue.
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 modernisation project aimed at further improving
operating efficiencies and maintaining...
Unilever to invest in 'frozen' assets
Unilever is to invest heavily in its market-leading ice cream
operations, focusing on the various brands which share the same
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 €2.3 billion.
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
Dairy giant goes from strength to strength
Nestlé, the Swiss group which is the world's largest food company,
has reported record sales and profits for 2002, despite tough
All round improvement at Kerry
Irish food ingredient and dairy company Kerry continues to move
forward with the group reporting on Tuesday a 22 per cent leap in
2002 profits after tax to €189 million thanks to a strong
perfomance across all businesses.
'Significant success' for Domnick Hunter
UK-based filtration, separation and purification specialist reports
"significant success" in 2002.