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Nestlé reports sales growth, announces USD20 bln share buyback

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.

Nestle Financial Results

Indian guar gum company to expand sales to the oil industry

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.

Deals India

Louis Dreyfus holds steady in difficult trading environment

Louis Dreyfus Company (LDC) announced stable first half 2019 results comparable to last year, despite what it called “difficult global business conditions”.

Financial Results Louis Dreyfus

Chinese processor explores diversification into more tropical fruits

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.

Financial Results China

TINE's falling profits continue

Norwegian dairy giant TINE has continued battling unfavourable market conditions in the second quarter (Q2) of 2019, with operating profit dipping by 25%.

Norway Dairy Products

Brazilian poultry company back on track after tough 2018

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.

Brazil Financial Results
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