performance
Nestlé anticipated to raise prices amid challenging market conditions with annual results
Nestlé is anticipated to raise prices further this year, following increases on flagship ranges including KitKat, as the company noted challenging trading conditions that have impacted on its international operations, writes Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Regulatory, Sustainability
Mondelēz hails annual growth, with European and US operations performing strongly
The European and US operations of Mondelēz International helped secure improved annual net revenues up 9.7% to $31.49 billion, as the business also delivered encouraging results for its fourth quarter, reports Neill Barston.
Hershey records second quarter growth, despite supply chain and ingredients challenges
Hershey has reported sales growth for the second quarter of its financial year, with net sales of $2.34 billion for the period, representing a 19.3% increase, despite a backdrop of challenging wider market conditions, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Barry Callebaut posts significant performance upturn with half-year results
A key upturn in financial performance was recorded by the Barry Callebaut Group for its latest half-year results, with sales revenues increasing 15.8% to CHF 4.03 billion, and net profits rising 3.6% to CHF 212.1 million, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Regulatory
Barry Callebaut records first quarter growth, driven by chocolate business performance
Barry Callebaut has reported a key upturn in its results for its first financial quarter, with sales revenues up 14% to CHF 2,03 billion, driven by strong growth in its chocolate portfolio, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Barry Callebaut Group reports on full-year results for 2020/21
Swiss-headquartered Barry Callebaut Group has released its full-year results for the fiscal year 2020/21, reporting healthy growth for its chocolate and cocoa business.
Hershey sees major sales growth across its global markets
A key upturn in performance for US-based confectionery group Hershey, has seen increased consumer demand see results quarterly figures increase 16.5% year-on-year, to $1.99 billion, according its latest results, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Spanish fruit and nut firm Importaco records key upturn in annual results
Spanish dried fruit and nut specialist, Importaco Group, has reported a strong performance for 2020, recording turnover of £570.66 million (€661.8 million), a 13% year-on-year increase, writes Neill Barston.
Cocoa & chocolate, Food safety, Ingredients, 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
Hershey reveals improved annual results despite pandemic
US-based Hershey has released its latest annual results that reveal net sales of $8.1 billion, up by 2% in 2020, despite the ongoing trading tests of the coronavirus pandemic, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, 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
Bühler group records upturn in profits amid key sustainability focus
The Swiss-based Bühler group has reported a stable level of turnover for 2019, at CHF 3.3 billion, driven by a notable contribution from its recently formed consumer foods division over the past year, against challenging global economies.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
LoeschPack upgrades wrapping systems for FachPack event
German-headquartered systems provider LoeschPack has confirmed its appearance at the FachPack trade fair event.
Business news, Cocoa & chocolate, New products, Packaging, Processing