financial results
Nestlé records nine-month growth amid renewed drive tackling deforestation
The Nestlé group, which manufacturers key confectionery brands including KitKat, has confirmed that for the first nine months of its present financial year, the company has seen 2.9% overall sales growth, to CHF 68.4 billion.
Mondelēz forecasts growth for the remainder of the year
Mondelēz International has increased its financial outlook for the remainder of 2019, forecasting 3% growth over the next six months for the business.
Symrise records upturn in half-year financial performance
The Symrise ingredients and flavouring group has recorded a notable 7.4% upturn in half-year financial results, to €1.69 billion in sales across its international activities.
Olam International reports steady performance despite market challenges
Olam International has reported a steady operating performance, recording $15.9 billion revenues for the first half of 2019, against $13.7 billion for the same period last year.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Lindt & Sprüngli posts upturn in half-year financial results
The Lindt & Sprüngli Group has gained sales of CHF 1.76 billion for the first half of 2019, representing a year-on-year increase of 6.2%.
Unilever posts sales growth for first half of 2019
The Unilever global food group has released its half-year results for 2019, which reveal sales growth of 3.3%, led by its emerging market business which grew 6.2%.
Olam International scores improved first quarter results
The global ingredients group Olam International has delivered an upturn in its financial performance, with revenues for the quarter standing at $7.3 billion, up 16% year-on-year.
ADM reports growth of flavour operations amid challenging market results
US-based Archer Daniels Midland Company (ADM) has reported challenging market conditions affecting its overall first quarter results for 2019, including ongoing trade disruption with China.
Barry Callebaut posts key upturn in six-month revenues
The Swiss-headquartered Barry Callebaut group has reported a 6.0% (+3.5% in CHF) increase in sales revenues, to CHF 3.6 billion, for the first six months of its financial year, amid the success of its ruby chocolate.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Lindt & Sprüngli confectionery group maintains strong annual performance
The Lindt & Sprüngli Group has posted continued positive growth results for 2018, with sales increasing by 5.5% to CHF 4.3 billion.
Olam International reports pressure on annual profits amid challenging conditions
Olam International has reported an increase in revenues for 2018, totalling $30.5 billion, up 16% across its global interests for the financial year.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Hotel Chocolat posts upturn in financial results for 2018
British-founded confectionery group Hotel Chocolat has posted annual revenues up 13% to £80.7million, reporting strong sales across digital, retail and wholesale outlets.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
ABICAB president projects positive outlook for Brazilian confectionery market
Ubiracy Fonsêca, president of ABICAB, the Brazilian Chocolate, Peanuts and Candies Industry Association, has projected a positive outlook for 2019’s national confectionery market. Neill Barston meets him at ISM to discuss the fast-growing confectionery sector
Ferrero posts improved €10.7 billion turnover for its global confectionery operations
Italian-based Ferrero International S.A, parent company of the Ferrero Group, has reported continued growth, with a 2018 financial turnover of €10.7 billion, up 2.1% year-on-year.
Business news, Cocoa & chocolate, New products, Sustainability