Ice cream

Firms face challenge from health food fads

The current consumer enthusiasm for healthier eating is creating a challenge for food companies. According to a new report from JPMorgan, firms are unsure whether to continue with high margin products that are not deemed so healthy as the narrow margin wellness foods. A research report entitled Obesity: Re-shaping the food industry, says that profitability […]

Food safety, Ingredients, Packaging

Pecan Deluxe ups production

Yorkshire-based Pecan Deluxe Candy is completing a major investment programme in new facilities that will provide more streamlined production. The latest investment will provide a self-contained nut production zone, a fifth nut production line, an increased capacity bakery operation, and a large storage area for finished products. Nut production is now segregated from other areas […]

Ice cream plant

Fredericks Dairies is investing £10 (£14.7) million in a new plant in Lancashire to increase brand and private label ice cream tubs. The new site is said to have Europe’s largest and most automated production line, capable of producing over 16,000 tubs every hour. This follows an announcement that Fredericks is the UK’s No. 2 […]

Nestle outlook is bright

Nestle has announced sales of CHF67.7 billion for the food and beverage group worldwide during the first nine months of 2005. The 5.6% organic growth across food and beverage was due to the successful extension of distribution beyond the traditional supermarket grocery channel. Peter Bra-beck-Letmathe, chairman and CEO of Nestle said,“The acceleration in our core […]

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 […]

Ingredients, Sustainability

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 […]

Food safety, Ingredients, Sustainability

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