News for the baking industry
Elgin / IL. (tmc) The Middleby Corporation, a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, reported net earnings for the 2021 first quarter of USD 89.3 million or USD 1.59 diluted earnings per share…
Säkylä / FI. (app) Finland’s Apetit Group PLC announces its unaudited business review for the first quarter of 2021, the period from 01 January to 31 March. The Group reports a record quarter in Food Solutions and Oilseed Products. The profitability of Grain Trade was weak.
Ballineen / IE. (cg) Synergy Flavors Inc., a member of Irland’s Carbery Group, has announced the acquisition of leading savory flavor and ingredient supplier, Innova Flavors, from Griffith Foods Worldwide. This strategic purchase expands the savory capabilities of Synergy Flavors in…
Berlin / DE. (hf) HelloFresh SE, through its subsidiary HelloFresh U.S. in New York, announced plans to open a new distribution center in Phoenix, Arizona. The nearly 440,000 square-foot facility located at 1850 South 71st Avenue will become the company’s largest shipping and fulfillment…
Raisio / FI. (rg) Finland’s Raisio Group announced its interim results for the first quarter 2021, the period from January to March. Raisio is entering a new growth construction phase, the Group says in its statement. Financial development in brief: The Group’s net sales totalled EUR 50.0 (54.7) million.
Oslo / NO. (ok) Norway’s Orkla ASA has entered into an agreement to purchase the Icelandic company Nói-Siríus HF, which is the leading manufacturer of chocolate and confectionery in Iceland. Nói Siríus is well-known for its iconic chocolate brands Síríus, Nóa Konfekt, Nóa…
Geneva / CH. (who) Most people consume double the WHO-recommended 5g of daily salt intake, putting themselves at greater risk of the heart diseases and strokes that kill an estimated 3 million people each year. This week, the World Health Organization (WHO) released a new…
St. Louis / MO. (bl) Bunge Limited, a leader in agriculture, food and ingredients, reported first quarter 2021 results. Q1 GAAP EPS of USD 5.52 versus USD (1.46) in the prior year; USD 3.13 versus USD 0.91 on an adjusted basis excluding certain gains / charges and mark-to-market timing…
Westchester / IL. (gnw) Ingredion Incorporated, , a leading global provider of ingredient solutions to the food and beverage manufacturing industry, reported results for the first quarter of 2021. The results, reported in accordance with U.S. generally accepted accounting principles (GAAP) for…
Berlin / DE. (hf) HelloFresh SE, the world’s leading meal kit company, delivered a very strong start to the year. In the first quarter of 2021, the company saw y-o-y and sequential growth in active customers across both operating segments (the US segment and the International segment)…
