News & Analysis for the Beverage Industry
Krones shrugged off falling earnings and said increased sales and orders had made for a good first quarter as fears of a global recession faded in the first three months of 2012.
Europe’s food and drink industry has tipped its decade-long downward export balance; a shift defined by strong export figures underpinned by emerging market demands, according to FoodDrinkEurope.
MeadWestvaco has reported Q1 profits plummeted by 23% in their food and beverage segment and warned they expect Q2 earnings to be ‘lower than the second quarter last year’.