quarterly results
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Mondelēz International has reported a first quarter 2.6% rise in net revenues to $6.7 billion, though has withdrawn its forecast for the remainder of 2020 amid coronavirus-affected markets around the world.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
Hershey confirms $1million move producing face masks to tackle coronavirus
The US-based Hershey Company has confirmed plans to invest $1 million to acquire, install and staff a new manufacturing line dedicated to the production of face masks in response to tackling the ongoing coronavirus pandemic.
Business news, Cocoa & chocolate, Food safety, Ingredients, Processing, Sustainability
Quarterly growth achieved by Mondelēz International’s snacks business
Mondelēz International has recorded third quarter net venue growth of 1.1%, to a figure of $6.3 billion amid extensions to its global product portfolio.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
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
The Hershey Company records second quarter financial growth
The US-based Hershey Company has delivered an increase in net sales for the second quarter of 2019, recording figures of $1,767 million, up 0.9% year-on-year.
Hershey Company records global quarter sales growth of 2.3% to $2.02 billion
The US-based Hershey Company has reported net sales of $2.02 billion for the first quarter of 2019, showing an increase of 2.3% across its international confectionery operations.
Business news, Cocoa & chocolate, Ingredients, Sustainability