company performance

Nestlé reports challenging conditions with latest results amid ongoing global pandemic

The Swiss-headquartered Nestlé group has reported testing conditions in its latest annual results, which saw the business incur significant additional global operating costs amid the coronavirus pandemic, writes Neill Barston. 

Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability

Packaging firm Macpac retains BRC global standard for the fourth time

UK thermoforming packaging specialist Macpac has again achieved an AA grade rating for a fourth consecutive year to the British Retail Consortium Global Standard.

Business news, Packaging, Regulatory, Sustainability

CEO of Mars, Incorporated hails workers and reflects on coronavirus impact in open address

The CEO of Mars, Incorporated, Grant F Reid has penned an open address to its workers underlining the major pandemic challenges faced by the business, as well as noting the task ahead with an enhanced focus on employee wellbeing, reports Neill Barston.

Business news, Cocoa & chocolate, Food safety, New products, Packaging, Processing, Regulatory, Sustainability

Food Union Group posts results upturn with key ice-cream and bakery ranges

Latvian-headquartered Food Union Group, specialising in ice cream, pastry and dairy ranges has confirmed its annual performance figures, delivering  €277-million in net revenue and a gross profit of €104-million for 2019.

Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability

Lindt & Sprüngli records dip in performance amid coronavirus, despite strong start to 2020

The Swiss-based Lindt & Sprüngli confectionery group has stated that despite a promising start to the year, its sales for 2020 are anticipated to be down between 5-7% due to trading conditions amid the coronavirus pandemic.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Tony’s Chocolonely launches dark milk bar for UK market

Netherlands-founded confectionery brand Tony’s Chocolonely, which has placed ethical trading as its core goal, is launching a new dark milk chocolate bar for the UK market, as it urges the industry to increase its action on child labour.

Business news, Cocoa & chocolate, New products, Packaging, Sustainability