america
Tough trading but Nestle nurtures newcomers
This year’s trading has proven a challenge for Nestle, although its first half report for 2005 showed strong organic growth of 5.2%. Meanwhile, sales in Swiss francs increased 2.4 per cent despite negative impacts of currencies of -1.8 and divestitures of -1.0%. Consolidated sales grew to CHF 43,474 million, an increase of 2.4% over the […]
Global growth for Kerry Group
Sales revenue has risen to £2,117 million according to Kerry Foods’ latest half yearly statement despite surging energy costs. The report, which showed an increase of 8.3%, also reveals a 6.2% rise in trading profit to £160 million. Kerry Group chief executive, Hugh Friel, said,“In a highly competitive trading environment, the group performed well in […]
Warning labels
Manufacturers of sugary foods and beverages could be forced to put warning labels on their products as, like cigarettes and alcohol, these are increasingly considered damaging to health. Soft drinks, in particular, are blamed for a nationwide increase in obesity, diabetes, tooth decay and osteoporosis. Michael Jacobson, director of the Center for Science in the […]
Business news, Food safety, Ingredients, New products, Packaging