News for the baking industry
Heerlen (NL) | Geneva (CH). (dsm / fisa) DSM and Firmenich announce that they have entered into a business combination agreement (BCA) to establish the leading creation and innovation partner in nutrition, beauty and well-being: DSM-Firmenich. The combination will bring together…
Stockholm / SE. (lg) The result of Sweden’s Lantmännen Group for the first four months of the year, after net financial items and adjusted for items affecting comparability, amounts to 638 MSEK compared to 480 MSEK in the previous year. This is the highest result ever for the first…
Rehovot / IL. (mtl) Israel’s MeaTech 3D Limited reported its financial results for Q1-2022 and provided a business update. MeaTech is an international group of deep-tech food companies at the forefront of the cultured meat industry. MeaTech Group uses science and technology…
Zurich / CH. (aag) Swiss Aryzta AG reported its financial results for the first nine months ended 30 April (9M-2022). Nine months organic revenue growth accelerated to 16.3 percent driven by positive volume and pricing, the company said in its Ad Hoc announcement. Overview:
Johannesburg / ZA. (tbl) Performance of South Africa’s Tiger Brands Limited for the six months ended 31 March 2022 was impacted by a particularly poor first quarter, driven by significant volume declines in Bakeries and a protracted strike at Snacks + Treats. The poor performance of…
Blackburn / UK. (biegg) British EG Group is pleased to announce a trading update for the first quarter of 2022, representing the three months to March 31, 2022. First quarter performance highlights: Group Ebitda for Q1 2022 increased by 2.0 percent to USD 270 million on a reported basis year-on…
The Woodlands / TX. (rbt) RiceBran Technologies, a global leader in the development and production of critical nutritional and functional ingredients derived from small and ancient grains for the healthy food, nutraceutical, pet care and animal feed markets, announced financial results for…
Reykjavik / IS. (bkg) Island’s Bakkavör Group, the leading international provider of fresh prepared food, announces its trading update for the 13 weeks to 26 March 2022. Q1-2022 financial summary (GBP in million) Reported revenue Growth Like-for-like revenue LFL growth Group…
Los Angeles / CA. (fbb) FAT Brands Inc., parent company of Fatburger, reported fiscal first quarter 2022 financial results for the 13-week period ending March 27, 2022. Andy Wiederhorn, President and CEO of FAT Brands, commented, «We want to thank our franchise partners and…
Dublin / OH. (twc) The Wendy’s Company reaffirmed its 2022 outlook. «As evidenced by our sales momentum, which accelerated on a 2-year basis in Q1 2022, we continue to make significant progress across our three long-term growth pillars: building our breakfast daypart, accelerating…
