News & Analysis on Chocolate, Candy and Cocoa
Financial results
Nestlé has reported its net profit fell to CHF 16.9 billion ($18.33 billion) in its full year results for 2022, with sales increasing to CHF 94.4 billion ($102.38 billion), missing forecasts for CHF 95.02 billion ($103.05 billion), despite price...
With more than 400 products recently being removed from the FSA’s public list of CBD novel food applications, the retail market should be in the midst of major change, but what should be happening and what is happening are two different discussions in...
Brexit
New trade deals with Australia and New Zealand are expected to boost the UK economy by £2.3 billion and £800 million respectively – according to the Department for International Trade, Department for Business and Trade,
Commodities
Cocoa exporters in Cote d’Ivoire are reportedly close to defaulting on their contracts due to a lack of beans and urgently need up to 150,000 tonnes to honour their commitments.