News for the baking industry
Toronto / CA. (rbi) Restaurant Brands International Inc. (RBI) and McWin Fund, one of the most reputable operators in Europe, are excited to announce that affiliates of McWin have acquired exclusive master franchise and development rights to develop the «Burger King» and «Popeyes»…
Dublin / IE. (gg) Greencore Group PLC, a leading manufacturer of convenience food in the UK, issues its results for the 53 weeks ended 30 September 2022. Performance Strong growth in food to go and other convenience categories drove Group Revenue growth of 31.3 per cent above…
Delhi (IN) | Suresnes (FR). (bel) Britannia Industries Limited (BIL), India’s leading food company, and France’s Bel Group, European cheese manufacturer and major player in the healthy snacks segment, announced that they have signed an agreement to form a joint venture to bring a range of…
Minneapolis / MN. (cg) Cargill Company Inc. and Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and refinery located in Owensboro, Kentucky, announced that they have entered into a definitive agreement where Cargill will add Owensboro…
Vevey / CH. (nsa) At its investor seminar in Barcelona (ES), Swiss Nestle S.A. shared its strategy for sustainable value creation and outlined its 2025 targets. The company explained in Spain how it will continue to deliver sustainable mid single-digit organic sales growth.
Lake Success / NY. (hc) The Hain Celestial Group Inc., a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, announced a leadership succession plan, naming Wendy P. Davidson as President and Chief Executive…
Petach Tikva / IL. (sg) Israel’s Strauss Group Limited published its financial statements for the third quarter of 2022. In the quarter, the Company recorded an increase of 7 percent1 in revenue, which amounted to NIS 2.5 billion. In the first nine months of 2022, revenue totaled NIS 7 billion…
Reykjavik / IS. (bkg) Island’s Bakkavör Group, the leading international provider of fresh prepared food, updates on trading for the 13 weeks to 25 September 2022 (Q3-2022) and guidance for the full year. Q3-2022 9M-2022 Mio.GBP Rep.Revenue Growth LFL Revenue LFL Growth Rep.Revenue…
Pyhäntä / FI. (foy) Finland’s Fodelia Oyj Group announced its financial report for the period 01 January to 30 September (9M-2022). Business growth continued to be strong, especially in Feelia’s foodservice business. The result for the review period was weakened by increases in…
Stockholm / SE. (ica) A challenging market situation is reported by Sweden’s ICA Gruppen AB in its interim report for the third quarter 2022. Summary: Chief Executive’s Summary Per Strömberg: «From our side at ICA we need to work hard together with the ICA retailers to enable…
