Net sales increased 4 percent to $4.7 billion; organic net sales1 were up 10 percent. Operating profit increased 29 percent to $1.1 billion; adjusted operating profit was up 8 percent in constant currency. Diluted earnings per share (EPS) of $1.35 increased 32 percent from...
AA - Given the trade links of the two nations, Turkish President Erdogan’s latest visit to India along with strong business delegations in May 2017 marked as a huge contribution to the revival of the bilateral trade. While the trade volume between the two...
The ANINA pod is a complete meal made from vegetables that have been rejected for sale due to a less-than-perfect appearance—a major source of fresh produce waste. The new, convenient, ready to cook format is a single-size portion that allows for a quick and...
Member state and industry representatives want better protection for the EU food and agriculture sector against potential gas shortages this winter, while the European Commission has pointed back to member states’ responsibility on the matter. With winter approaching, the Russian invasion of Ukraine and...
FSN - Nestlé is looking to resume operations at a factory that was at the center of an E. coli outbreak in France earlier this year. Approval from French authorities is still pending but if granted, the Caudry plant will restart in November. A...
Rubix Foods, a leading culinary and food science-focused provider of flavor and functional ingredients for restaurants and food manufacturers, announced today the grand opening of its highly anticipated new Innovation Center. The 50,000-square-foot "facility of the future" is tailor-made to streamline and accelerate the...
The 155-year-old Italian brand has launched Basil and Sundried Tomato flavors that feature tofu as a replacement for cheese while retaining the brand's signature extra virgin olive oil, high-quality ingredients and authentic pesto flavor. Plant-based and both dairy and gluten free, the two pestos...
International, incredibly diverse, trendy: the selection of delights that the Company Group will be showcasing in Paris from 15-19 October. And there will indeed be plenty to discover and try out. It is especially for the chilled cabinets that the Company Group will now...
Cookies & Cream is exclusively joining the REDCON1 MRE® lineup at GNC. Known as America's favorite supplement brand, REDCON1 was founded on a simple principle aligned with GNC's mission – to provide the highest quality supplements for people that need to get the most out of their...
Kate Farms, a producer of plant-based nutritional formulas, raised $75 million in a Series C funding round led by Novo Holdings, in addition to investors such as Goldman Sachs, Kaiser Permanente Ventures and Main Street Advisors. The round of minority stake investments comes two...
Bunge (NYSE:BG) announced that it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. The completion of the sale is subject to customary closing conditions,...
