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.
Carlsberg has reported a sharp drop in organic beer volumes in the fourth quarter as the hike in Russian excise duties makes for a tough comparison with 2009.
This week, Foster’s and Heineken outline their respective financial performances and future goals as both brewers aim to shake up their global operations.
Coca-Cola posted a 20 per cent improvement in operating revenues,
amounting to $28.8bn during the full fiscal year as the company
harnessed its international presence to drive growth in both its
carbonated and non-carbonated brands.
Anheuser-Busch lifted net sales by 6.1 per cent to $4.5bn (€3.2bn)
during the second fiscal quarter, led by strong growth particularly
in its US beer operations.
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.
Troubled chocolate maker Barry Callebaut has increased sales
volumes during its financial first quarter, but the growth has
meant a tumble in profit margin.
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...
Graham Packaging Holdings, parent company of Graham Packaging
Company, has reported healthy third quarter results. The group
recorded a 19.8 per cent gain in operating income for the third
quarter of 2003, compared to the third quarter...
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...
Pharmaceuticals giant Roche has reported a 28 per cent fall in net
profits for the first half, but stuck with its forecast of a return
to double-digit growth in 2003.
