Financials & Economy
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Mondelēz registers 8.1% rise in Q3 net revenue, lifts full-year guidance
US – American multinational confectionery, food, beverage, and snack food company, Mondelēz International, has posted a net revenue of US$7.7 billion, an increase of 8.1%…
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Molson Coors posts 4% growth in Q3 net sales, positive net pricing and favorable sales mix drive growth
US – Molson Coors Beverage Company has registered a net sales increase of 4% in the third quarter of 2022 underpinned by positive net pricing…
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Flour Mills of Nigeria reports 46% decline in half-year profits despite rise in revenue
NIGERIA – Nigeria’s leading integrated Food and Agro-allied group, Flour Mills of Nigeria Plc, has reported a 38% rise in half year revenue in the…
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DSM posts solid growth in Q3 2022 despite macroeconomic challenges
NETHERLANDS – Dutch nutrition giant, DSM, has delivered a solid performance in the first nine months of 2022, with sales up 20% and organic sales…
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Walmart India registers revenue growth of 7% in FY22, loss widens to ₹299 crore
INDIA – Walmart India Pvt, a wholly-owned subsidiary of Walmart Inc., has witnessed its loss widening to ₹299.01 crores (US$36.24million) in FY22 from ₹ 200.80…