US candy marketplace rocks Hershey Q3 earnings
Hershey has reported a 31% drop in third quarter earnings and cuts its full-year guidance after lower than expected US candy, gum and mint sales.
Hershey has reported a 31% drop in third quarter earnings and cuts its full-year guidance after lower than expected US candy, gum and mint sales.
Q3 Results
Mondelēz International has reported organic growth for the year-to-date up to September, but has grown below the category average in its largest segments biscuits and chocolate.
Cargill Cocoa & Chocolate has launched an initiative for cocoa cooperatives in Côte d’Ivoire to acquire new trucks through loans that it claims will help farmers to overcome logistical problems.
Constantia Flexibles has opened a center for R&D of polymer films and film laminates for flexible packaging.