Mondelēz International records strong quarter performance amid turbulent marketsMondelēz International has recorded net third quarter growth of 4.9%, to $6.7 billion for the period, forecasting an improved performance for its full-year 2020 results, despite ongoing pandemic conditions, reports Neill Barston Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Nestlé reports organic growth amid challenging pandemic conditionsNestlé has reported a pattern of 2.8% organic growth in its six-month financial trading figures, yet despite a positive start to the year, its sales revenues fell for the period as the business adjusted to operating in testing pandemic conditions, reports Neill Barston. Business news, Cocoa & chocolate, Food safety, Ingredients, New products
Hershey reveals downturn in global sales amid coronavirus pandemicUS 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 improvementMondelēz International has reported a first quarter 2.6% rise in net revenues to $6.7 billion, though has withdrawn its forecast for the remainder of 2020 amid coronavirus-affected markets around the world.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 marketsNestlé 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 conditionsOlam 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
