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…
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.
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)…
Singapore / SG. (oi) Olam Food Ingredients (OFI), new operating group of Olam International Limited, is acquiring a leading US private label spices and seasonings manufacturer Olde Thompson at an EV of USD 950 million through its wholly owned subsidiary Olam Holdings Inc. …
London / UK. (ul) Unilever PLC announced its results for the first quarter of 2021. Underlying sales are up 5.7 percent, reflecting how our continued focus on operational excellence is delivering improved competitiveness. Underlying sales growth of 5.7 percent, with 4.7 percent…
Chicago / IL. (mdc) McDonald’s Corporation announced results for the first quarter ended March 31, 2021. «Our first quarter 2021 global comparable sales and revenues surpassed first quarter 2019 levels, even as resurgences and operating restrictions persist in many parts…
