results
Barry Callebaut posts revenue upturn amid challenging global market conditions
The Swiss-headquartered Barry Callebaut Group has released its latest quarterly figures revealing revenue gains of 14.1%, to CHF 2.2 billion driven by adjusted cocoa pricing, and an increase in sales volumes, rising 0.4% to 580,876 tonnes, against a ‘challenging and declining’ chocolate market, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory
Swiss confectionery and baked goods markets expand, despite regulatory pressures
The Biscosuisse organisation, representing Swiss confectionery and bakery sectors, has reported a 32.6% upturn in exports during 2022, despite the impact of manufacturing regulations challenges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Lindt & Sprüngli reports key annual growth, including major US market gains
Premium chocolate group Lindt & Sprüngli has delivered its key annual results, posting sales of CHF 4.97 billion, up 8.4% year on year, driven by positive results in its travel retail, and expanded US supply chains, reports Neill Barston.
Business news, Cocoa & chocolate, Packaging, Processing, Regulatory, Sustainability
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
Hershey Company reports key upturn with fourth quarter results
The Hershey Company has released its latest fourth quarter results of $2,652,338 net sale, amounting to a 14% year-on-year improvement, owing to buoyant sales in the category, despite a backdrop of challenging market conditions including ingredients inflation, reports Neill Barston.
Mondelēz International records third quarter growth, amid ongoing global headwinds
Mondelēz International has posted a key upturn in growth with its third quarter figures up 8.1%, at $7.7 billion for the group, despite wider economic turbulence, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Nestlé confirms price rises amid strong half-year performance figures
Nestlé is the latest of the ‘big six’ confectionery groups to reveal its half-year figures, with total sales increasing by 9.2% for the period, to CHF45.6 billion, as the business notes price increases of 6.5% for its ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
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