Robert Wiseman, the Scottish milk processor, is confident of
reaching its growth targets in the first half of 2004, despite
rising costs for fuel, energy and plastics. But while the recent
increase in volumes following new contracts...
Kraft Foods announced today that in the next few days a number of
its products will be branded as "South Beach diet recommended", as
it attempts to cash in on North America's continuing interest in
Dairy Crest, the UK's biggest dairy company, reported a solid first
half trading performance this week, but conceded that its second
half results could be adversely affected following the loss of a
fresh milk supply contract...
The increasing popularity of premium, indulgent or healthy ice
cream products - particularly in the winter months - boosted sales
and profits at the UK's Richmond Foods in 2004, helping the group
match last year's heatwave-assisted...
Sparking growth in the emerging South American food market, Danish
ingredients giant Chr Hansen has opened new facilities in Argentina
designed to serve expanding activities from international
customers, reports Lindsey Partos.
Profits continue to fall for Russian dairy giant Wimm-Bill-Dann,
despite recording a healthy jump in sales for the first six months
of the year. The company said that both gross margins and net
income were hit by rising costs attributed...
Food ingredients sales at Irish dairy firm Glanbia jumped 20 per
cent during the first half and lifted profits 49 per cent higher
than the previous year, reported the company, which is targeting
strong growth for its ingredients business...
Ongoing demand for healthy products helped Irish food and
ingredients firm Kerry to a strong first half performance. And with
recent acquisitions pushing it into other high growth sectors,
there is little to stop the group from making...
Lactalis, the French dairy group, has been given the green light to
acquire two Spanish producers, Grupo Prado Cervera and Central
Lechera Vallisoletana, by the European Commission's competition
Parmalat, the Italian dairy company which has been in the hands of
the administrators since collapsing with massive debts last year -
has continued to take legal action against a number of leading
financial institutions in a bid to...
Dairy products remain an important growth driver for Swiss food and
beverages group Nestlé, despite the disposal of a number of assets
and poor weather conditions which affected sales during the first
half. But organic growth was...
Ambitious Israeli flavours firm Frutarom has bought the European
natural fruit preparations business from the world's number two
flavours player just months after completing on the Swiss botanical
extracts firm Emil Flachsmann.
After a recent acquisition, new product launches and nomination as
one of the fastest growing small companies in the US, Lifeway Foods
has ended its second quarter on a high, reporting record revenues
for its functional kefirs.