OJSC Khlibprom: completed Q1/2008 with 54% higher net revenue
Lviv / UA. (ojsc) OJSC Concern Khlibprom completed the first quarter of the fiscal year 2008 with net revenue of 106,8 million UAH (Ukrainian Griwna) – by 54,5 percent more than Q1/2007.
News for the baking industry
Lviv / UA. (ojsc) OJSC Concern Khlibprom completed the first quarter of the fiscal year 2008 with net revenue of 106,8 million UAH (Ukrainian Griwna) – by 54,5 percent more than Q1/2007.
Hanoi / VN. (ghm) The Vietnamese bakery and confectionery market was among the most attractive markets in Asia and showed great potential as far as investing in, said Peter Becker, chairman of the German Bakers´ Association. The announcement was made at a conference held in Hanoi introducing iba 2009, international trade fair on bakery and confectionery.
Omaha / NE. (caf) ConAgra Foods Inc. announced a new licensing and capabilities agreement with the Procter + Gamble Company that provides ConAgra Foods access to unique nutrition-enhancing food ingredients and packaging capabilities related to sustainability, ergonomics and design.
Parma (IT) / Hedel (NL). (bl) Barilla Holding, global leader in the pasta industry and European leader in the bakery industry, and Bakkersland Groep B.V., a main player in the Dutch bread and pastry industry, have signed an agreement for the sale of Quality Bakers B.V. (formerly Kamps Nederland B.V.) to Bakkersland.
Bismarck / ND. (ndm) The quarterly profits at North Dakota Mill and Elevator are down. During January, February and March, the mill´s profit totaled just over 130.000 USD. During the same period a year ago, the mill´s profit was more than 1,3 million USD.
Geneva / CH. (iso) A new edition of ISO 9001, the world´s most widely used quality management system standard, is being submitted for voting as Final Draft International Standard.
Seattle / WA. (wsj) According to US-American newspapers Denny Marie Post, Starbucks´ senior vice president of global food and beverage, has resigned.
Minneapolis / MN. (gm) General Mills Inc. said that strong fourth-quarter sales will lead fiscal 2008 results to exceed targeted levels. In the final quarter ended May 25, 2008, net sales grew 13 percent. As a result, fiscal 2008 sales are expected to increase ten percent to 13,7 billion USD.
St. Louis / MO. (wib) Panera Bread Company reported net income for the first quarter ended March 25, 2008 of twelve million USD, which included the impact of a charge of 0,06 USD per diluted share resulting from the Company´s decision to raise its sales hurdles for new bakery-cafe development.
Northfield / IL. (kf) Kraft Foods Inc. says in a statement it will split off its Post Cereals business. Kraft will distribute via a split-off deal all outstanding shares of its subsidiary Cable Holdco Inc. that will own some assets and liabilities of its Post cereals business.