Headlines > Markets
Danisco on track after structural change
21-Mar-2007 - Danisco recorded revenue of DKK 15,220 million in the first three quarters of 2006/07, a period which saw significant structural change within the company.
Overseas market proves profitable for Lindt & Sprungli
20-Mar-2007 - Swiss premium chocolate maker Lindt & Sprungli has performed well in the competitive North American market - helping to push consolidated full year sales for the company 15.1 per cent to CHF2.586 billion (€1.6bn).
Biscuit giant Burtons poised to expand after takeover
19-Mar-2007 - The UK's second largest biscuit manufacturer, Burton's Foods, has been acquired by British buy-out firm Duke Capital from US group HM Capital Partners for what is believed to be around a £200 million (€292.3m) sum.
Cadbury set for confectionery split
16-Mar-2007 - Cadbury Schweppes has said it will separate its confectionery and US soft drinks businesses, sending ripples of speculation across the financial sector about the firm's motives.
Investor takes a bite out of Cadbury
14-Mar-2007 - Speculation is growing over a potential takeover of confectionery giant Cadbury following the announcement that US investor Nelson Peltz has acquired almost 3 per cent of the company.
Tate & Lyle confirms UK citric acid closure
12-Mar-2007 - Tate & Lyle will cease production of citric acid at is UK plant at the end of the month following the completion of an employee consultation process.
Danisco fears effects of proposed corporate tax
09-Mar-2007 - Danisco believes that a bill to change the Danish Corporation Tax Act would significantly affect the company's expansion strategy.
Strong trading for Premier as it gears up for RHM takeover
07-Mar-2007 - UK food processor Premier Foods remains undaunted by last year's rising raw material costs and unseasonably warm summer weather - posting a 12 per cent rise in pre-tax profits in its preliminary results announced yesterday.
Danisco welcomes EU sugar quota cut
23-Feb-2007 - Danisco has welcomed the EC's decision to introduce a temporary sugar quota reduction as a "necessary step to restore the balance on the market".
Healthy performance for nutrition-focused Nestlé
22-Feb-2007 - In a year dominated by acquisitions and changes within its operational structure, Switzerland-based food group Nestlé has still exceeded expectations with full-year organic growth boosted by the company's focus on nutrition, research and core brands.
Gum rescues Cadbury from sticky situation
20-Feb-2007 - Even after a year marred by salmonella contamination, product recalls and financial irregularities, Cadbury Schweppes has posted 9 per cent growth in full year profits as the company's portfolio feels the benefit of strongly-performing gum brands.
Nestlé teams up with Barry Callebaut
16-Feb-2007 - Chocolate producers Nestlé and Barry Callebaut have joined forces to improve their respective positions in the competitive European market as the maker of Smarties chocolate hands over facilities and a supply contract to the Swiss processor.
Hershey eyes expansion with new restructuring scheme
16-Feb-2007 - US chocolate maker Hershey has embarked on a three-year restructuring plan to further increase the company's global footprint and allow it to outsource production of low value-added products.
Tate & Lyle sells Canadian sugar business
15-Feb-2007 - Tate & Lyle's agreement to the sale of its Canadian sugar refining business represents another move away from the commodity end of the market.
Barry Callebaut boosts Ghana cocoa production
09-Feb-2007 - Major Swiss cocoa processor Barry Callebaut has expanded operations at a factory in Ghana - doubling the facility's bean processing capacity.
Royal Cosun announces indicative 2006 sugar beet price
08-Feb-2007 - Dutch firm Royal Cosun has announced an indicative sugar beet price of €48.25 per tonne of quota beet from the 2006 campaign.
Wrigley pursues European growth after strong results
07-Feb-2007 - Leading gum maker the Wm Wrigley Jr Company, has announced a positive fourth quarter performance with recent moves to increase its global footprint contributing to growing sales.
Finsbury tightens hold on UK cake market
01-Feb-2007 - UK baker Finsbury Foods has consolidated its leading position within the cake sector with the £37.5m (€56.6m) acquisition of the Lightbody Group this week.
Hershey joint venture targets Chinese sweet tooth
29-Jan-2007 - US Confectioner Hershey is to form a joint venture with Korean counterpart Lotte Confectionery, as it looks to enter the dynamic Chinese chocolate market to offset declining domestic sales.
Danisco hits sugar targets
26-Jan-2007 - Danish sugar producer Danisco announced yesterday it had met its 2006/07 output forecast - processing 1.01m tonnes of sugar from the group's factories throughout Europe.
Wrigley enters chocolate market
26-Jan-2007 - The world's largest chewing gum manufacturer Wrigley has made its presence felt in the European chocolate market with the acquisition of a leading Russian confectionery company in a $300m (€232.5m) deal which will increase the gum giant's global confectionery footprint.
Bitter year sours Hershey profits
24-Jan-2007 - US confectionery giant Hershey announced disappointing fourth quarter results today and, in a bid to reverse the downturn, vowed to increase investment in core brands as well as pursue the new rapidly growing niche markets of dark and premium chocolate.
Tate & Lyle forecasts 'lower than expected' Splenda sales
23-Jan-2007 - Tate & Lyle has predicted sales and profits of its Splenda sucralose product to 'only modestly' increase due to a slower than anticipated acceleration of uptake from major customers.
Barry Callebaut reports strong quarter sales
19-Jan-2007 - Barry Callebaut has reported strong sales for first quarter of fiscal year 2006/07, months after announcing a new organisational structure.
Seasonal sales boost Thorntons after summer slump
17-Jan-2007 - Luxury chocolate maker Thorntons has seen Christmas consumers boosting the brand and providing much-needed sales after last year's summer heatwave saw confectioners struggling.
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