Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.
Barry Callebaut has returned to net profit growth in its half year results as it further integrates the cocoa ingredients business acquired from Petra Foods.
Thorntons aims to pump £10M each year for the next three years into expanding capacity in its biggest capital investment in 25 years, it confirmed in a conference call.
German ingredients group Südzucker reports a sharp rise in profits for the first half of its financial year, citing gains from its sugar and fruit segments as being particular growth drivers.
Imperial Sugar Company returned to profit during fiscal 2010 as its Port Wentworth refinery continued to boost production following a 2008 explosion, although its losses widened in Q4, the company said.
The chocolate and confectionery fats division showed strong seasonal volume improvements, claims leading oil and fats supplier AarhusKarlshamn as it releases third quarter financial results for 2010.
Food giant Kraft’s acquisition of UK confectionery company Cadbury in February 2010 helped the firm to a better-than-expected first quarter net profit of $937m (£590m), up from $827m in the same period a year earlier.
A new SWOT analysis of the Wm. Wrigley Jr. Company from companiesandmarkets will give insights for potential partners and competitors, said the research company.
US-based Rocky Mountain Chocolate Factory this week reported an
eight per cent revenue increase for the three months to 31 May,
compared to the same period last year.
Leading US ingredient firm Cargill last week reported strong fiscal
year earnings, although the performance of the firm's food
ingredients business lagged the year-ago level.
Leading chocolate manufacturer Barry Callebaut has reported an
increased operating profit (EBIT) of 14.6 per cent for the first
nine months of fiscal year 2005/06.
Troubled chocolate maker Barry Callebaut has increased sales
volumes during its financial first quarter, but the growth has
meant a tumble in profit margin.
In a move to secure its supplier base for its bakery operations and
expand its business, the UK's Real Good Food Company (RGFC) said
yesterday it would buy Napier Brown Foods, a sugar group, for
£67.7min stock.
Barry Callebaut, the world's largest supplier of bulk chocolate,
plans to cut costs in Europe as the Swiss firm posts a fall in
revenue for nine month figures.
Danish ingredients group Chr Hansen, shortly to be sold to private
equity firm PAI, posts a small rise in revenue and a decent boost
in pre-tax profit for the nine months to May, reports Lindsey
Partos.
Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.
New Dragon Asia, a leading producer of flour and flour-related
products to the China market, has reported strong results for its
second quarter, reflecting increasing sales, net income and the
gross profit margin caused by improvements...
Despite a significant increase in sales leading global
confectionery company Cadbury Schweppes has reported a 33 per cent
drop in its net income, largely on the back of restructuring costs
and tough market conditions.
Barry Callebaut, the world's leading manufacturer of cocoa and
chocolate products, increased its sales revenue, operating profit
(EBIT) and net profit.
German sugar company Suedzucker has announced that its full fiscal
year operating profits will not match last year's results due to
the decline of the global sugar market price and the weak dollar.
Dutch life science company DSM saw net profit for the fourth
quarter of 2001 rise to €1,031 million from €119 million in the
fourth quarter of 2000, largely due to the sale of the depositary
receipts. Profit on 4Q ordinary activities...
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...