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Nestlé reported strong organic growth in its third quarter results, confirmed its 2019 guidance and announced plans to return up to USD20 billion to shareholders by 2020.
India’s Vikas Wsp has announced that it has received an order of USD30 million for the export of guar gum powder to be used in oil fields of Dubai’s company Petroplan Limited.
Louis Dreyfus Company (LDC) announced stable first half 2019 results comparable to last year, despite what it called “difficult global business conditions”.
Asian Citrus Holdings (ACH), an integrated orange producer and tropical fruit juice concentrates supplier in mainland China, announced that its 2018 revenue fell 2.6% to CNY52.8 million (USD7.39 mln), although EBITDA was up by 362.9% in the same year.
Norwegian dairy giant TINE has continued battling unfavourable market conditions in the second quarter (Q2) of 2019, with operating profit dipping by 25%.
After a challenging year in 2018, Brazilian poultry company Pif Paf is eyeing new investments as it prepares to send its first chicken meat shipments to China.
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