After several years of gains, growth in the Russian confectionery
market looks set to slow over the next six years or so, with only
premium chocolate products likely to bring big returns.
Danone is on the verge of buying the Chocks & Roll business of
Spain's Chupa Chups, one of its last remaining foreign units.
Evidence that Danone is still determined to pursue its expansion in
Russia despite failing to buy...
Barry Callebaut, the world's leading manufacturer of cocoa and
chocolate products, increased its sales revenue, operating profit
(EBIT) and net profit.
Two years after the Russian authorities imposed massive import
duties on confectionery products in a bid to keep out cheap imports
from Ukraine, that country's biggest sweet maker Roshen is about to
take Russia by storm with...
Following the launch of schnapps and tequila shot chocolates last
month, Elizabeth Shaw has launched its latest innovation, Illusion,
a new chocolate combination for the Christmas market.
With a marked surge in confectionery sales at Halloween Haribo
Dunhills (Pontefract) has plenty of treats in store this year for
retailers who want to increase their profits.
Swiss group Barry Callebaut has acquired Brach's in the US.
Combining Brach's with the German unit Stollwerck, acquired in
2002, will give Barry Callebaut annual sales of around €909m.
Barry Callebaut claims that the installation of a metal detector
and conveyor belt system has significantly improved efficiency and
reduced downtime on one of its busiest production lines.
A strong rise in sales volumes in Western Europe helped Barry
Callebaut to post steady profit rise for first nine months. Company
on course to meet its target of EBIT SF200 million in 2002/03.
Barry Callebaut, the Swiss chocolate producer, has continued to go
from strength to strength despite depressed consumer spending and
the strength of the Swiss franc. As in Q1, first half figures were
boosted by the Stollwerck acquisition...
Nestlé is the most popular chocolate producer in Russia, but other
international companies still play second fiddle to the numerous
local (or even regional) producers there. But the market is set to
grow over the next five years,...
Private labels are yet to make much of an inroad into the
confectionery segment, but new analysis from Euromonitor suggests
that the premium chocolate market could provide a rich vein of
growth for private label in the future.
Christmas sales fell compared to the particularly strong
performance in the previous year, but UK chocolate manufacturer and
retailer Thorntons said it was happy with its overall performance
in the first half of 2002/03.
A slowdown in biscuit sales of around 6 per cent took its toll on
third quarter results at Northern Foods, the UK's leading producer
of own label foods for the supermarket sector. But while there is
little sign of improvement...
US filling equipment provider All-Fill has introduced two new
volumetric cup filling machines. Both machines debuted at the
recent Pack Expo and are for dry granular filling requirements,
such as seeds, popcorn, snack foods or confectionery.
Cadbury Schweppes is the focus of our latest visit to the Mintel
Global New Products Database, and the last few months have
been busy ones for the UK confectionery group. Christmas products,
movie tie-ins and an increasing range of...
Swiss chocolate manufacturer Barry Callebaut has reported an
increase in pre-tax profits for the 2001/02 year despite a decline
in volumes and higher raw material costs. Nwe product launches at
the premium end of the market have helped...
Thorntons, the UK chocolate maker and retailer, has continued to
post good like-for-like sales growth in the first four months of
the financial year, but Christmas will be the key test of its
business plan.
Mexico is rapidly emerging as one of the world's leading suppliers
of confectionery, and now seems set to usurp Chicago's position as
the world centre for confectionery production, a trend that is
being mirrored between...
Barry Callebaut completes its takeover of Stollwerck with an offer
of €295 per share for the remaining 3.9 per cent. The Swiss firm
said it would welcome investment from former Stollwerck
shareholders in its ongoing business.
