India’s Britannia Industries Ltd, a dairy and bakery supplier, has reported consolidated third quarter revenue growth of 10%, and 12% for the year up to December 31, 2015, at $325.4m (Rs. 2,224 crores) and $939m (Rs. 6,417 crores) respectively.
DuPont is reaping the benefit of its €5bn 2011 acquisition of Danish probiotics and enzymes giant Danisco, with its nutrition and health division showing 23% profit growth in a “sluggish” world market.
Core activity profit fell 30% in 2012 at Swedish probiotics supplier BioGaia – although a cash-rich, five-year licensing deal with Nestlé kept overall figures high even as that very deal simultaneously destroyed margins in its cultures business.
This week, Wimm-Bill-Dann posts strong half-year growth on the back of across-the-board sales improvements, Fonterra is reportedly considering increasing yoghurt production and Dairy Farmers records a profitable 2008.
The global commodity market continues to worry confectionery and
sugar firms, as AB Foods profit is dented by sugar reforms, Nestle
combats costs with price hikes, and Cadbury may be ripe for
Swiss processing and packaging equipment provider SIG has reported a
significant increase in its net profits for the first half of the
year, a result that sees the company pulling itself out of the red.
The improvement came despite...
Dairy Crest has today announced its unaudited results for the six
months ended 30 September 2003. The results have revealed that the
spreads business has become the company's most profitable sector.
The company says that this...
Dutch life science company DSM today posted a net profit of €959
million. Although DSM Fine Chemicals posted slightly lower sales
and a lower operating profit, attributable to the pharma products
and aspartame businesses, DSM Food...
British sugar and sweeteners group Tate & Lyle on Thursday
reported a jump in half-year profits with underlying pre-tax profit
for the six months to 30 September rising to £126 million (€195.5
million) from €99.9m million last...
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.