switzerland
Bühler CEO hails significant results upturn despite global supply chain disruption
Bühler CEO Stefan Scheiber has welcomed an upturn in annual results, delivering an order intake increase of 8.7% to CHF 3.3 billion, 10% turnover rise to CHF 3 billion, and net profits up 37.5% to CHF 154 million, despite challenging market conditions, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Barry Callebaut reports quarterly sales drop amid challenging trading conditions
Barry Callebaut has delivered its latest results which have shown a first quarter downturn of 5.1% in sales volumes for its chocolate and cocoa business, to 578,694, amid challenging trading conditions, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Lindt & Sprüngli claims innovation and consumer confidence as key results growth drivers
Swiss premium chocolate brand Lindt & Sprüngli has cited key product innovation and increased consumer confidence visiting its stores as core drivers in creating organic growth of 10.8% to CHF 4.97 billion, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
A bold new vision for Barry Callebaut’s Second Generation Chocolate
In what has already proved a notably memorable year for the confectionery sector, the latest key development to grab global media headlines has been the emergence of Barry Callebaut’s ‘Second generation chocolate.’
Business news, Cocoa & chocolate, New products, Sustainability
Barry Callebaut increases global sales, despite dip in annual profits
Barry Callebaut has reported improved sales revenues of CHF 8.1 billion for the year, up 14.6%, with general growth across its international operations, despite a downturn in profits amid notable global challenges, writes Neill Barston.
Business news, Cocoa & chocolate, Packaging, Processing, Regulatory
Barry Callebaut unveils chocolate’s ‘second generation’ with key Venice launch
The CEO of Barry Callebaut, Peter Boone, has hailed a “paradigm shift’ for the chocolate industry, in unveiling its ‘second generation chocolate’ at a special launch event in Venice, Italy, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Packaging, Processing, Regulatory, Sustainability
Nestlé’s latest nine-month results show sales upturn driven by price rises
Nestlé has released its latest nine-month results, with a key upturn in growth despite challenging markets being driven by an increased pricing strategy, including for its core KitKat flagship confectionery brand, reports Neill Barston.
Business news, Ingredients, New products, Processing, Regulatory, Sustainability
Barry Callebaut moves into North African manufacturing with Attelli agreement
A key strategic deal has been struck by Barry Callebaut, after signing a long-term agreement with Attelli SARL, focused on distributing and manufacturing product ranges including confectionery, based in Casablanca, Morocco, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Lindt & Sprüngli wins latest case over Lidl golden rabbit chocolate copies
A Swiss federal court has ruled in favour of premium chocolate brand Lindt & Sprüngli in a case against supermarket Lidl – which has been ordered to destroy its ‘look-alike’ golden rabbit series, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Sustainability
Bühler group enhances its management board with Dr Zeno Staub appointment
The Bühler equipment and solutions group has strengthened its board of directors in appointing Dr. Zeno Staub, Chief Executive Officer of Vontobel Holding AG, a Swiss listed globally active investment firm, reports Neill Barston.
Bühler Group accelerates advanced microalgae product development
The Swiss-based Bühler Group has confirmed that is pushing ahead with an advanced microalgae project with its Stellar Gemini system at SEC’s Urban Microalgae Protein project laboratory in Singapore, reports Neill Barston.
Nestlé continues key engagement with Youth Entrepreneurship Platform
A major drive from Nestlé engaging with the next generation of employees across its activities has continued with the launch of its Youth Entrepreneurship Platform (YEP), writes Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Regulatory, Sustainability
Nestlé confirms price rises amid strong half-year performance figures
Nestlé is the latest of the ‘big six’ confectionery groups to reveal its half-year figures, with total sales increasing by 9.2% for the period, to CHF45.6 billion, as the business notes price increases of 6.5% for its ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Lindt & Sprüngli records key half-year upturn with major share buy-back scheme
Premium Swiss chocolate business Lindt & Sprüngli has reported a resilient performance for the first half of 2022, delivering a 12.3% sales increase to CHF 1.99 billion, in addition to a 33.4% boost to its operating profit, totalling CHF185.2 million, writes Neill Barston.
Cocoa & chocolate, Ingredients, New products, Sustainability