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.
Constantia Flexibles has opened a center for R&D of polymer films and film laminates for flexible packaging.
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.