strategy
Symrise half-year results show business continues key growth trajectory
Flavours and fragrance group Symrise showed strong progress with its latest financial results revealing organic sales growth of 10.2 %, recording an 18.5% year-on-year in revenue gain to € 2,260 billion, reports Neill Barston.
Business news, Ingredients, New products, 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
Ferrero’s US division names Alanna Cotton as new regional president and chief business officer
The Ferrero Group’s US division has confirmed Alanna Cotton to the key regional position of president and chief business officer of Ferrero North America, reports Neill Barston.
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
Barry Callebaut unveils location for its multi-million new Canadian chocolate processing site
Barry Callebaut has confirmed the location for its major new $104 million Canadian chocolate factory, which will be created at Bowery Road, Brantford, Ontario, reports Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Exclusive: Fairtrade prepares for World Confectionery Conference with fresh warning on threat to cocoa sustainability
As he returns once again to our conference, Jon Walker asserts that despite his belief in the ongoing mission of Fairtrade, the cost of living crisis around the world holds major challenges for those farming in the West African cocoa market.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Tony’s Chocolonely: World Confectionery Conference interview
Pascal Baltussen, chief impact and operations officer of Tony’s Chocolonely, speaks exclusively to Neill Barston, editor of Confectionery Production ahead of his appearance at the World Confectionery Conference. He discusses the company’s ongoing cocoa and chocolate supply chain mission to drive improvement for key farming communities.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Bühler’s Networking Days event highlights core sustainability goals
In a demonstration of the commitment of businesses to be at the forefront of tackling the climate crisis to protect and restore nature and biodiversity, and close the gap in wealth distribution, 1,000 representatives of the world’s leading companies from 95 countries gathered in Uzwil at the Bühler Group’s global headquarters this week to discuss the urgent need for business to come together to accelerate the transition towards sustainability.
Business news, Cocoa & chocolate, Ingredients, Packaging, Processing, Sustainability
Barry Callebaut’s global chocolate site to restart production in August
Barry Callebaut has confirmed it intends to begin restarting its core global chocolate production facilities in Wieze, Belgium, from early next month, following detection of salmonella at the site, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Regulatory, Sustainability
Video exclusive: Mondelēz International records strong Sweets & Snacks performance
Confectionery Production editor Neill Barston speaks exclusively in our latest video to Rick Brindle, Mondelēz International’s vice president for industry development, reflecting on last month’s Sweets & Snacks Expo, tackling the pandemic, and prospects for the remainder of 2022.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Mondelēz secures $2.9 billion deal for US-based Clif Bar & Company nutrition ranges
Global confectionery and snacks group Mondelēz International has agreed a key $2.9 billion deal acquiring US nutrition bar manufacturer Clif Bar & Company, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Prestat agrees major deal for Rococo British premium chocolate brand
Premium confectionery group Prestat has unveiled a key acquisition of London-based Rococo Chocolates brand, which has gained prominence for the quality of its finely-packaged artisan ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing
Behind the scenes: Läderach continues its global growth with US sites
Läderach is fast gaining a global confectionery foothold, including within the US, as its North American regional president Nathanael Hausmann explains to editor Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory