first quarter

CEO of Nestlé welcomes improved first quarter, with confectionery results leading the way

CEO of Nestlé, Laurent Frexie, has welcomed the company’s upturn in first quarter results amid a period of considerable market turbulence, with confectionery delivering 8.9% organic growth, which represented the highest figure for the group, reports Neill Barston.

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

Symrise reports encouraging first quarter growth for flavours and fragrances ranges

Flavours and fragrance group Symrise AG has reported an upturn in results for the first quarter, recording sales up 14.9% year-on-year, to €1.09 billion, amid an increase in demand across its portfolio, reports Neill Barston.

Business news, Ingredients, New products, Regulatory

Hershey CEO hails key improvements with first quarter results

The CEO and president of Hershey, Michele Buck, has hailed ‘broad-based growth’ in its first quarter results delivering reported net sales up 12.7% to $2.3 billion for the period, writes Neill Barston.

Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability

Mondelēz records key revenue upturn despite covid trading challenges

Mondelēz International’s first quarter results for 2021 have shown the global snacks and confectionery firm increased net revenues by 7.9% to $7.2 billion, revealing a continued upturn despite continuing pandemic conditions, reports Neill Barston.

Business news, Cocoa & chocolate, Packaging, Processing, Regulatory, Sustainability

Nestlé confectionery sales rise despite pandemic

Nestlé has recorded increased revenues from its confectionery division, recording CHF 1.7 billion in sales for its latest quarter, against 1.63 billion for the same period in 2020, reports Neill Barston.

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