Archives for February 26, 2003

← 2003

D is for Dandy

Danish chewing gum manufacturer Dandy, which changed its name in October last year to Gumlink, is to establish a new research and development centre in Vejle, Denmark.

All round improvement at Kerry

Irish food ingredient and dairy company Kerry continues to move forward with the group reporting on Tuesday a 22 per cent leap in 2002 profits after tax to €189 million thanks to a strong perfomance across all businesses.

Functional drink sales set to grow and grow

Functional drinks are growing in popularity across the world, but the products which sell best in Japan are not necessarily the same as those which do well in Europe or the US, meaning that there is plenty of room for growth in all markets, claims...

US frozen sector gives new rules the cold shoulder

Warning of American job losses, a white paper issued today by the American Frozen Food Institute (AFFI) describes specific scenarios under a country of origin labelling regulation that would dissuade frozen food makers from using domestic produce and...

Ahold facing lawsuit over accounting fiasco

Ahold's accounting fiasco - which means that its profits have been overstated to the tune of $500m - has cost the heads of two senior board members, sparked off two US lawsuits and led to new calls for a harmonisation of accounting procedures.

Glowing 4Q for Bunge

The world's largest processor of soybeans, US company Bunge, said on Tuesday that fourth-quarter net income had more than doubled, reflecting the acquisition of French rival Cereol last year and healthy growth across all its businesses.