US- Canadian dairy company, Saputo, is streamlining its footprint in the US through a CAD45million (US$35 million) investment to convert…
Read MoreSaputo expands US goat cheese capabilities, reports 24.1% revenue growth in Q1 2023
Tag: Financials
Dangote Sugar sweetens 2022 outlook with positive performance in first half year
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery has recorded a revenue growth in the six months…
Read MoreNigerian Breweries posts triple digit growth on half year profit driven by strong portfolio, pricing strategy
NIGERIA – Nigerian Breweries Plc (NB Plc), subsidiary of Heineken International, has registered a 31% rise in half year revenue…
Read MoreBritvic expands Rugby factory’s canning line, posts 11.2% rise in revenue
UK – British soft drinks producer, Britvic, has officially opened the new canning line that is part of a £26.9million…
Read MoreFlour Mills of Nigeria’s attains 45% growth in top-line performance in Q1
NIGERIA – Nigeria’s leading integrated Food and Agro-allied group, Flour Mills of Nigeria Plc has reported a 45.3% rise in…
Read MoreKerry reports 13.3% increase in half-year revenues driven by growth in retail and foodservice channels
IRELAND – Irish multinational taste and nutrition company, Kerry, has posted a revenue rise of 13.3% totaling €4.1 billion (US$4.19…
Read MoreSA retailer Massmart expects bigger loss as half year sales flat
SOUTH AFRICA – Walmart-owned South African retailer, Massmart expects its headline loss in the half year period ended June 2022…
Read MoreDelta Corporation posts double digit revenue growth backed by bullish performance across all segments
ZIMBABWE – Zimbabwe’s largest beverage company, Delta Corporation, has registered a 55% growth in revenue in the first quarter ended…
Read MoreADM profit surges 74% on strong productivity initiatives
USA— Net earnings attributable to ADM in the second quarter totaled US$1.24 billion, up 74% from US$712 million in the…
Read MoreDanone posts strong first half results boosted by higher prices
FRANCE – French multinational food-products corporation, Danone, has posted a “strong first half,” after recording €13.33 billion (US$ 13.63B) in…
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