results
Mondelēz International reports quarterly growth driven by strong biscuit and chocolate sales
Mondelēz International has recorded a strong sales upturn, with its second quarter results delivering $7.3 billion net revenues, up 9.5% year-on-year, with its chocolate and biscuit interests delivering key growth, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
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
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.
Hershey posts improved first quarter results, despite wider global market challenges
Hershey has reported first quarter growth for its global operations, posting net sales of $2.6 billion, up 16%, driven by sustained consumer demand, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Mondelēz International reveals results upturn for 2022 first quarter
Mondelēz International has delivered its first quarter results, which show net revenue growth of 7.3% to $7.7 billion, boosted by a notable performance by its chocolate and biscuit businesses, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, 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
Symrise flavours and fragrances records key nine-month growth upturn
Flavours and fragrance group Symrise has reported a significant upturn in its nine-month results, with sales figures increased 6.7%, to €2.9 billion for the period, reports Neill Barston.
Business news, Ingredients, New products, Processing, Sustainability
Olam reports sustained half-year growth for its businesses including cocoa production
The global food and agri-business Olam Group has posted a key upturn in its half-year results, with profits standing up at $421 million for the period, up 26%, for the business, after a major re-organisation of its activities, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Nestlé’s confectionery operations record performance upturn
Swiss-headquartered Nestlé has recorded growth across its global businesses, including within its confectionery operations, as the company posting overall six-month sales of CHF 41.7 billion, against $41.1 billion for the same period in 2020, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Sustainability
Hotel Chocolat records key annual digital growth enabling 250 new jobs
The Hotel Chocolat Group has reported a digitally-led increase in annual revenues, up 21% on 2020’s results, to a total of £165 million amid plans to create 250 new jobs for its expanding business, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Exclusive: Euromonitor reveals major snacks upturn trends at World Confectionery Conference
The Euromonitor International research group has unveiled a key snapshot of the global snacking sector, with a 53.4% global growth in online sales in 2020 helping deliver a total market valued at $547 billion across confectionery, savoury snacks, sweet biscuits and bars, as well as ice cream, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
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
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