Financials & Economy
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Chr. Hansen reports 13% growth in Full Year 2022 revenue despite volatile macroeconomic and geopolitical environment
DENMARK – The Danish ingredients supplier, Chr. Hansen has reported a ‘solid’ financial performance, delivering a total revenue of €1.21bn (US$1.19bn), marking 13% growth for…
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General Mills plans to increase pet food co-packing as sales soar 19% in Q1 2023
USA – American multinational manufacturer of consumer foods General Mills is planning to increase co-packer production of dry food and treats in an effort to…
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Famous Brands expects upbeat interims, plans acquisition of additional properties
SOUTH AFRICA – South African restaurant franchisor, Famous Brands, expects its interim headline earnings per share (Heps) for the six months ended August 2022, to…
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PepsiCo posts 9% increase in Q3 revenue despite volume decline in some units
US – PepsiCo has reported a 9% net revenue growth in its third-quarter results for 2022, an increase that was not overshadowed by the volume…
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Dairibord Holdings reports triple-digit profit growth driven by high sales volumes
ZIMBABWE – In the six months to June 30, 2022, Dairibord Holdings, Zimbabwe’s leading manufacturer and marketer of food, dairy and beverage products, returned to…