Bongrain, the
French cheese maker best known for brands such as Coeur de Lion and
Tartare, ended 2003 with a slight increase in sales compared to the
previous year, but continued to suffer at the hands of negative
exchange...
Rumours of a possible sale of the Danone's biscuit business
surfaced again this week after the company unveiled full year
figures pegged back by its weak performance. But the core dairy and
beverage businesses continued to go...
The Italian food group, Parmalat said that its sales in the
Americas were devastated by the appreciation of the euro against
the US and Canadian dollar during the first half.
Fromageries Bel, the French cheese group, has reported a slight
decline in sales as a result of the depreciation of the dollar and
poor economic conditions in core markets such as Germany and the
Middle East.
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.
