News for the baking industry
Zurich / CH. (bc) Swiss Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, achieved strong sales volume growth of +8.9 percent to 610,048 tonnes during the first three months of fiscal year 2021/22 (ended November 30, 2021). While…
Montevideo / UY. (arc) Arcos Dorados Holdings Inc., Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, reported its system-wide comparable sales results for the fourth quarter and full year ended December 31, 2021, ahead of its…
Chicago / IL. (adm) Archer Daniels Midland Company (ADM) reported financial results for the quarter and year ended December 31, 2021. «Our record results reflect the continued success of our growth strategy and our culture of innovation and execution, which enabled our global team to…
London / UK. (ul) British Unilever PLC announced changes to its organisational model to make it a simpler, more category-focused business. The company will move away from its current matrix structure and will be organised around five distinct Business Groups: Beauty + Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream.
London / UK. (pf) British Premier Foods PLC announced its trading update for the third quarter 2021-2022 – the 13 weeks ended 01 January 2022. Summary: Q3 trading ahead of expectations, Group sales up 7.0 percent versus 2yrs ago and up 7.3 percent YTD Q3 Branded sales ahead…
Totonto / CA. (rbi) RBI’s «Popeyes» brand and Jubilant Foodworks Limited (JFL), India’s leading food service company with a strong legacy of introducing and growing international brands in the country, are excited to open the first restaurant in Bangalore, India, in the city’s hot spot of Koramangala. «We are very excited to work…
Kilchberg / CH. (ls) In the financial year 2021, Swiss Chocoladefabriken Lindt + Sprüngli AG achieved strong double-digit growth in an economically challenging year impacted by the Corona pandemic. Group sales increased to CHF 4.59 billion, which corresponds to a remarkable…
Helsinki / FI. (pg) Finland’s Paulig Group, the international, family-owned food and beverage company acquires innovative, Spanish-based company Liven to drive growth in its Tex Mex and snacking business in Europe. Liven’s portfolio of snacks and Tex Mex products is one of the…
New York / NY. (cgc) Continental Grain Company announced an investment in Chile’s Agroberries, a leading global vertically integrated berries player. Agroberries commercializes over 50,000 tons of berries per year to a blue-chip customer base primarily in North America and Europe, sourced…
Chicago / IL. (khc) The Kraft Heinz Company announced that it has completed its acquisition of an 85 percent stake in Germany-based Just Spices GmbH. The remaining 15 percent ownership stake has been retained by Just Spices’ three founders, who will continue on with the company and…
