News for the baking industry
Madrid / ES. (epg) Spain’s Ebro Foods S.A. closes the best year in its history after spending EUR 21 million on covid measures. In a year of outstanding results, Ebro distributes a historic dividend of EUR 386 million to support its shareholders in the present complicated economic situation.
Kilchberg / CH. (ls) Despite major global challenges due to the Covid-19 pandemic, Chocoladefabriken Lindt + Sprüngli AG achieved a solid result in the financial year 2020, once again outperforming the overall chocolate market and gaining market shares in nearly all countries. The organic sales…
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 2020 fourth quarter of USD 51.8 million or USD 0.94 diluted earnings per share…
Zurich / CH. (bc) Swiss Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, reported – against a high prior-year comparison base – resilient sales volume of 560,354 tonnes, which corresponds to a decline of -4.3 percent during the first three…
Cairo / EG. (ef) Edita Food Industries S.A.E., a leader in the Egyptian packaged snack food market, announced its results for the year ended 31 December 2020, recording revenues of EGP 4,021.1 million, largely stable compared to revenues recorded in FY-2019. The company’s…
El Segundo / CA. (bmi) Beyond Meat Inc., a leader in plant-based meat, reported financial results for its fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Net revenues were USD 101.9 million, an increase of 3.5 percent year-over-year. Gross profit was USD…
Feltham / UK. (nom) Nomad Foods Limited (Goodfella’s Pizza, Iglo, Findus and other brands) reported financial results for the three and twelve-month periods ended December 31, 2020. Key operating highlights and financial performance for the fourth quarter 2020, when compared to…
Louisville / KY. (pj) Papa John’s International Inc., one of the world’s largest pizza delivery companies, announced financial results for the three months and full year ended December 27, 2020. Fourth quarter highlights compared to prior year Total revenues of USD 469.8 million, up…
Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, announced results for the fourth quarter and fiscal 2020, comprised of growth in global retail sales, same store sales and earnings per share. Global retail sales increased 21.7…
Mexico City / MX. (gb) Mexico’s Grupo Bimbo S.A.B. de C.V. reported its financial results for the three and twelve months ended December 31st, 2020. Highlights of the Quarter Grupo Bimbo posted record Net Sales for a fourth quarter and full year Adjusted Ebitda reached record levels for…
