Business

Pic: Danone

Sales up in Q1 at Danone

By Jim Cornall

French food company Danone has published its first quarter financial report, which shows net sales of €6.236bn ($6.76bn) in the first quarter, up 7.1% on a like-for-like basis, with price up 4.9% and volume/mix up 2.2%, while net sales rose by 10.2% on...

Cargill is expanding its plant-based protein offerings in Middle East, Turkey, Africa and India. Pic: Cargill

Cargill expands RadiPure pea protein into the META & India markets

By Jim Cornall

As more consumers add plant-based foods to their diets, Cargill is expanding its RadiPure pea protein into the Middle East, Turkey, Africa (META) and India, which it said will help food and beverage manufacturers in the region respond to evolving marketplace...

Pic: Baladna

Baladna acquires stake in Egypt’s Juhayna Food Industries

By Jim Cornall

Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.

Pic: Fonterra

Fonterra reports interim results

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2022 interim results, which show the coop has delivered a half year profit after tax of NZ$364m (US$249m), a total group normalized EBIT of NZ$607m (US$416m), which is a drop of 11%, and a decision...

Follow us

Products

View more

Webinars