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Olam Q2 results impacted by continued down cycle in coffee
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SINGAPORE – Olam has released financial results for 2Q an 1H 2018. Co-Founder & Group CEO, Sunny Verghese said: “While our first half results...
Groupe Seb reports continued good momentum, sales objective revised upwards
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ECULLY, France – “ Groupe SEB achieved a first half of good quality, on high comparatives,” said in a statement Thierry de La Tour...
Massimo Zanetti reports strong growth of the profitability in 1H, 62% net profit rise
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VILLORBA, Italy — The Board of Directors of Massimo Zanetti Beverage Group S.p.A., one of the leading brands worldwide in the production, processing and...
Nestlé reports rise in half-year sales thanks to growth in China and the U.S.
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VEVEY, Switzerland — Nestlé has reported accelerating sales and a 19 percent jump in net profit to CHF5.8 billion in the first half of the year as markets in the US and China improve. Earnings per share have also increased by 21.4 percent to CHF 1.92.
Brazilian coffee exports to Arab countries up 1 percent in 1H
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The first half of the year saw 563,955 60-kg bags of coffee exported to Arab countries from Brazil, up 1% H1 2017, the Brazilian...
Vietnam’s coffee exports to reach over one million tons in 1H 2018
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In the first half of the year, Vietnam's coffee exports are estimated to reach 1,042 million tons, up 11% in volume but down 4.7% in value compared to the corresponding period last year. Germany and the US remained the two largest importers of Vietnamese coffee in the first five months with export values
Ethiopia: coffee exports missed earnings target in 1H fiscal (July-December)
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According to a report from the Ethiopian Coffee, Tea and Spices Marketing and Development Authority, Ethiopia's six-month export performance of the sector has shown a downward trend, in parallel to ...
KonaRed Corporation continues record growth in sales in 1H 2017
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SAN CLEMENTE, Calif., U.S. - KonaRed Corporation, manufacturers of healthy Hawaiian inspired coffee products including: award winning Ready to Drink (RTD) cold brew coffee...
De’Longhi reports consolidated results of the first six months of 2017
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TREVISO – The Board of Directors has approved on July 28, 2017, the consolidated results of the first six months of 2017. Revenues were up to € 827.6 million, growing by 7.2% vs. the first half of 2016 or by +5.4% organic. Net Industrial Margin was growing by +3.8% to € 396.3 million.
Nestle H1 sales growth flattens, Nespresso still a key growth driver
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MILAN – Swiss food group Nestle reported slightly better than expected earnings for the first half of 2017, but failed to deliver an expected rebound in sales growth. The Vevey-based group said on Thursday net profit rose 19 percent to 4.9 billion Swiss francs in the first six months of the year ...
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