News for the baking industry
Zurich / CH. (aag) Swiss Aryzta AG achieved strong organic growth in the first quarter of FY2022. Revenue increased to EUR 424.9m, driven by strong volume growth. The company achieved 9.8 percent organic growth in Q1 for continuing operations comprising of 8 percent volume…
Oakville / CA. (rbi) Restaurant Brands International Inc. (RBI) and Firehouse Restaurant Group Inc. announced that they have reached an agreement for RBI to acquire Firehouse Subs for USD 1.0 billion in an all-cash transaction. The transaction offers significant long-term unit growth…
London / UK. (pf) British Premier Foods PLC released its preliminary results for the 26 weeks ended 02 October 2021. Chief Executive Officer Alex Whitehouse: «We have delivered a very good first half performance, with revenue growth ahead of expectations; quarter two was particularly…
Pennsauken / NJ. (jj) J+J Snack Foods Corporation reported financial results for the fourth quarter and full year ended September 25, 2021. President and CEO Dan Fachner: «We are pleased with the strong finish to the year and the positive trends we see across our business, including exceeding…
Bentonville / AR. (wama) Walmart Inc. published its financial statements for the third quarter of fiscal 2022, that ended in Bentonville on October 29, 2021. Total revenue was USD 140.5 billion, up 4.3 percent, negatively affected by approximately USD 9.4 billion related to divestitures. Excluding…
Philadelphia / PA. (arm) Aramark reported fourth quarter and full-year fiscal 2021 results. «Our fourth quarter and full year results reflected the progress we have made across our business as organic revenue reached 87 percent of pre-Covid levels. The Company achieved record Net…
Malmö / SE. (oat) Sweden’s Oatly Group AB, the world’s original and largest oat drink company, announced financial results for the third quarter and nine months ended September 30, 2021. Toni Petersson, Oatly’s CEO, commented, «Global consumer demand for our products…
Zurich / CH. (bc) In fiscal year 2020/2021, Swiss Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, achieved healthy volume growth of +4.6 percent to 2,191,572 tonnes. The chocolate business surpassed the pre-Covid levels of…
Houston / TX. (syy) Sysco Corporation, the leading global foodservice distribution company, announced financial results for its 13-week first fiscal quarter ended October 02, 2021. Key highlights for the first quarter of fiscal year 2022 Strong sales growth of 8 percent compared to…
Riyadh / SA. (ac) Almarai Company announced its condensed consolidated interim financial results for the period ended 30th September 2021 (three months) on 10 October as follows. Third Quarter of 2021 Highlights The Revenue for the Third quarter 2021 amounted to SAR 3,9xx.x million (not…
