Chr. Hansen reports low organic growth
Danish probiotics maker Chr. Hansen reported flat sales in its food ingredients division for the first six months of the year ended 28 February 2003.
Archives for May 11, 2003
Rising costs knock MGP Ingredients results
Company results continue today with US ingredients company MGP Ingredients reporting net losses for the third quarter ended 31 March 2003 due to a combination of factors including higher energy costs and the lack of expected funds from the US...
Continued recovery will increase Somerfield interest
Somerfield continues on the road to recovery with a slight rise in like-for-like sales in the last year. The steady progress made by the company over the last few months is only likely to increase speculation about takeover bids.
UK company goes bananas over Fairtrade
The latest Fairtrade products to hit the UK market are organic bananas, distributed by the British arm of Dutch company AgroFair. The fruit is already being sold in one of the leading organic supermarkets there.
Cucumber for flavour innovation?
Cost savings and innovation are just around the corner for food manufacturers interested in working with cucumbers, claims UK company TasteTech.
Companies slow to take up irradiation
The US Government's food safety leader, Elsa Murano, has said that despite irradiation being an effective way to maintain the safety of meats, companies are still slow on the uptake.
Two more victories for Budvar
Courts in Portugal and Lithuania have ruled in favour of Czech brewer Budweiser Budvar in its ongoing battle with the world's largest brewer Anheuser-Busch, respecting Budvar's geographical claims to the Budweiser name.
Degussa, 2003 outlook on track
Despite a testing global economic climate, sales remained steady and earnings before interest and taxes rose for German speciality chemicals company Degussa in the first quarter of 2003. But guarded optimism remains for 2003.