outlook
Hershey reveals downturn in global sales amid coronavirus pandemic
US confectionery group Hershey has released it second quarter results, revealing a 3.4% drop in sales, to $1,707.3 million, attributed to the effects of trading difficulties during the ongoing coronavirus crisis.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Mondelēz withdraws 2020 forecast yet reports quarterly improvement
Mondelēz International has reported a first quarter 2.6% rise in net revenues to $6.7 billion, though has withdrawn its forecast for the remainder of 2020 amid coronavirus-affected markets around the world.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Nestlé records improved growth figures despite disrupted global markets
Nestlé has released its first quarter figures that reveal 4.3% growth for the period, up to CHF 20.8 billion for the group, despite facing considerable challenges posed by the global coronavirus pandemic.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
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