Novozymes’ Food & Beverages division clocked in the company’s highest growth, increasing 8% organically and 10% in Danish Krone (DKK) in the first half of the year compared to 1H 2016.
One of the world’s biggest makers of nutritional ingredients, Royal DSM, saw pre-tax profits increase by 17% last year, with a strong performance from its nutrition division.
In its 2015 financial report issued today, Nestlé announced sales of $89.5bn (CHF 88.8bn), stating that this equated to 4.2% organic growth and 2.2% real internal growth.
With economic conditions expected to "remain difficult and unstable" in 2015, Danone has forecast organic sales growth of no more than 5% for the year ahead.
Nestle yesterday reported organic sales rose by seven per cent in
the first nine months of this year, with the company successfully
managing to offset rising raw material costs by hiking prices.
Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.
The bolt-on acquisition of Rhodia Food Ingredients earlier this
year helps boost sales for Danish ingredients and sugar group
Danisco in an otherwise challenging 2004/05 first half.
Nestlé saw a decrease in revenue and profits in 2003, but the
company has managed to stay within its targets for organic growth
and claims that it is "cautiously optimistic" for 2004.
Nestlé expects to show organic sales growth of around 5-6 per cent
for the year as a whole, twice that of its closest European rival,
Unilever. Nine-month sales were boosted by the hot summer weather,
particularly for ice cream and...
French dairy-to-biscuits group Danone reported good growth in all
its business sectors during the first quarter, with sales of dairy
products up 9.4 per cent on a like-for-like basis.
