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The Anglo-Dutch convenience product giant aims to boosts its already large ice cream sales with new innovative ice cream launch.
French dairy group Danone reported slower growth in its third quarter on weaker infant nutrition sales in China and the ongoing impact of a consumer boycott in Morocco. Negative currency impacts also weighed on results.
Low almond prices are impacting on the Spanish company Borges BAIN’s Q1 results, listed on the Madrid exchange, suffering losses and a fall in handled volume in Q1 2018-2019 (June-May) y-o-y.
Frozen potato giant Lamb Weston said it is pleased with solid fiscal year 2019 first quarter results, though expects potato shortage-incurred challenges in European subsidiary.
Persian Gulf's largest dairy producer Almarai posted unsatisfactory third quarter (Q3) results, led by significant profit declines in the dairy and juice category.
Net profit at commodity trading giant Louis Dreyfus Company (LDC) fell to USD100 million in the first half of 2018 as the company took a USD65 mln hit from locking in its soy crush margins.
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