Biscuits, chocolate and developing markets drive growth for Kraft in Q1
Kraft Foods is off to a solid start to 2012 in its first quarter (Q1) results driven by sales growth in global biscuits and chocolate and strong performance in emerging markets.
Archives for May 3, 2012
Nordic coalition issues FCM printing ink checklist to bridge regulation gap
An international trade coalition has called for more harmonised legislation on printing inks used in food contact materials (FCM) as it issued comprehensive in-house guidance notes in a bid to aid safe practice and compliance from players throughout the...
AAK posts record high Q1 results as food ingredients segment shines
Swedish-based firm AarhusKarlshamm AB (AAK) has recorded its highest ever first quarter (Q1) results driven by its food ingredients arm and its Golden Foods/Golden Brands acquisition.
Explosive growth predicted for Indian packaged food sector
The Indian packaged food industry is forecast to see average annual growth of up to 20% that will see it double in value to reach US$30bn by 2015, according to a leading trade body in the country.
Fresh Start Bakeries invests €27m in new bakery in Poland
Aryzta subsidiary Fresh Start Bakeries (FSB) has announce plans to build a €26.2m (PLN 110m) bakery in Poland to improve distribution in Central Europe.
Commission rubber stamps Kellogg’s Pringles buy
The European Commission has cleared Kellogg’s $2.7bn deal to acquire snack business Pringles from Procter & Gamble (P&G).