United States Dollar

UK sales: R&R clams slow market conditions and the timing of promotions has affected performance

Sales fall 1.3% at R&R Ice Cream

By Noli Dinkovski

R&R Ice Cream has posted a 1.3% drop in sales for the first quarter of 2016 as its acquisition of Nestlé’s South Africa business, fluctuating exchange rates, and tough European trading conditions hit like-for-like performance.

Italian dairy company Parmalat had a busy 205, with acquisitions in Latin America, Australia and Italy.

Parmalat directors quit in spite of positive 2015 results

By Jim Cornall

Italian dairy company Parmalat’s net revenue for the financial year ending December 31, 2015, rose from $6.08bn (€5.5bn) to $7.1bn (€6.4bn), however, profits fell from $228m (€205m) in 2014 to $164m (€147.6m).

Glanbia's strong performing nutritional arm has helped it secure a sixth year of growth

Glanbia continues growth with earnings to £214M

By Laurence Gibbons

Nutritional food manufacturer Glanbia has recorded double-digit growth for the sixth consecutive year, with earnings before interest, depreciation, tax and amortisation (EBITDA) up 10.5% to €271M (£214M) for the 52 weeks to January 2 2016.

Mixed fortunes for Givaudan as high costs and currency rates counter growth in snacks, dairy and beverages

Givaudan profits slump despite flavours growth

By Nathan Gray

Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

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.

Added value boost for Danone

Added value boost for Danone

Dairy giant Danone posted a sharp increase in like-for-like
revenues for the first quarter of 2004, boosted in particular by
strong sales of 'healthy' dairy products such as its probiotic
range. Like all European dairy companies...

Bottled up

Bottled up

It's that time of year again. Companies are releasing their third
quarter results amid great fanfare, even if there isn't that much
to cheer about. The bottling industry in particular has had a
fairly difficult year, with...

Bel hit by dollar decline

Bel hit by dollar decline

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.