HelloFresh: expects FY 2019 financial results above guidance
Berlin / DE. (hf) Based on preliminary and unaudited figures, consolidated revenue of HelloFresh SE (HFG) for the fiscal year 2019 is expected to amount to between EUR 1,808 million and EUR 1,811 million. This corresponds to revenue growth of approximately 36 percent on a constant currency...
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Lindt + Sprüngli: consistent growth continues in 2019
Kilchberg / CH. (ls) In the financial year 2019, Lindt + Sprüngli Group achieved very solid sales growth, gained substantial market shares and once again grew faster than the overall chocolate market. All three regions – «Europe», «North America» and «Rest of the World» – contributed to this excellent...
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Takeaway.com: announces Q4-2019 trading update
Amsterdam / NL. (tkwy) Dutch Takeaway.com N.V., hereinafter the «company», or together with its group companies «Takeaway.com», the leading online food delivery marketplace in Continental Europe, hereby issues an order update for the fourth quarter of 2019, which is in line with the...
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CHS: Reports First Quarter 2020 Net Income
St. Paul / MN. (chs) CHS Inc., the United States’ leading agricultural co-op and a global energy, grains and foods company, reported net income of USD 177.9 million for the first quarter of fiscal year 2020 that ended November 30, 2019. This compares to net income of USD 347.5 million in the first...
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Cargill: reports fiscal 2020 second-quarter results
Minneapolis / MN. (cg) Cargill Company reported results for the fiscal 2020 second quarter ended Nov. 30, 2019. Key measures include: Adjusted operating earnings were USD 1.02 billion, up 19 percent from USD 853 million last year. For the first half of the year, this brought adjusted earnings to USD...
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Guan Chong Berhad: acquires Schokinag Holding
Kuala Lumpur / MY. (gcb) Guan Chong Berhad, the fourth largest cocoa grinder in the world, is buying Schokinag Schokolade Industrie GmbH based in Germany, expanding its downstream business in Europe following a recent venture in Africa. Guan Chong will pay 138 million MYR (29,9 million EUR).
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Bühler: sells flour ingredient business to Bakels
Uzwil / CH. (bg) Swiss Bühler AG has sold its flour ingredient business to Bakels. The Swiss group manufactures and distributes innovative bakery ingredients and application solutions. The signing and closing of the agreement took place in late December 2019. 70 employees of Bühler Guangzhou...
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Campbell: completes Arnott’s sale to KKR for 2.2 billion USD
Camden / NJ. (csc) Campbell Soup Company announced that it has completed the sale of Arnott’s and certain of Campbell’s International operations to global investment firm KKR for approximately USD 2.2 billion in cash, subject to customary adjustments. With this transaction, Campbell has now...
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IK Investment: sells Cerelia to Ardian
Paris (FR) / New York (NJ). (arh) Ardian Holding, a world leading private investment house, announced that it is acquiring Cerelia, from the IK VII Fund, advised by IK Investment Partners. Cerelia is a leading transatlantic provider of innovative bakery solutions with a product portfolio including ready-to...
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Nestle S.A.: creates JV with Casa Tarradellas
Vevey / CH. (nsa) Swiss Nestle S.A. announced that it has agreed to sell a 60 percent stake of Herta to Casa Tarradellas. Nestle and Casa Tarradellas will create a joint venture for Herta with their respective stakes of 40 percent and 60 percent. The joint venture includes Herta charcuterie (cold cuts and...
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