News for the baking industry
Essen (Ruhr) / DE. (bag) Germany’s Brenntag SE, the global market leader in chemicals and ingredients distribution, presented its financial results for the third quarter of 2024 with rising volumes and gross profit growth despite an overall challenging business environment. Various…
Istanbul / TR. (ubs) Ülker Bisküvi Sanayi A.Ş. (UBS), Türkiye’s leading food company, has closed the nine-month period of 2024 with a turnover of 58 billion TRY. The company continues to grow through its operations in Turkiye as well as exports and international markets. Ülker, a subsidiary…
London / UK. (ssp) British SSP Group PLC has been awarded a contract to operate its first units in Lithuania, securing a seven-year agreement in Vilnius. SSP will introduce six new units at the Baltic travel hub, with the first expected to begin trading in 2025. SSP already operates a…
London / UK. (ssp) British SSP Group PLC, a leading operator of restaurants, bars, cafes and other food and beverage outlets in travel locations across 37 countries, issued in October a Trading Update covering the fourth quarter of its 2024 financial year ending 30 September. Good underlying…
Bentonville / AR. (wama) Walmart Inc. announces third-quarter results with strong growth in revenue and operating income. Globally, E-Commerce grew 27 percent with penetration up across all segments. Walmart U.S. comp sales up 5.3 percent with positive growth in general merchandise.
Chicago / IL. (adm) ADM Group, former Archer Daniels Midland Company, reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated…
Vevey / CH. (nsa) Swiss Nestle S.A. held a Capital Markets Day for investors and analysts focused on «Accelerating Nestle». The presentations outlined a clear action plan to drive the performance and transformation and to shape its long-term future. CEO Laurent Freixe: «Nestle is a strong company…
Dublin / OH. (twc) Wendy’s Company announced the appointment of Ken Cook as Chief Financial Officer. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy’s Senior Leadership Team. Cook will succeed Gunther Plosch who has served as…
Holon / IL. (tin) Turpaz, a global leading company in the field of development, manufacturing and marketing of flavor and fragrance extracts, functional ingredients and so on, publishes its results for Q3 and 9M-2024. Turpaz Industries reports a 50.1 percent increase in its revenues…
Miami / FL. (ssc) Subway IP LLC, one of the world’s largest restaurant brands, is introducing «Fresh Forward 2.0.» Rolling out globally in 2025, the next iteration of its global restaurant image is designed to further enhance the guest experience, improve convenience and help drive franchisee profitability.
