Financials & Economy
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Kerry reports 13.3% increase in half-year revenues driven by growth in retail and foodservice channels
IRELAND – Irish multinational taste and nutrition company, Kerry, has posted a revenue rise of 13.3% totaling €4.1 billion (US$4.19 billion) for the first half…
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SA retailer Massmart expects bigger loss as half year sales flat
SOUTH AFRICA – Walmart-owned South African retailer, Massmart expects its headline loss in the half year period ended June 2022 to increase by at least…
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Delta Corporation posts double digit revenue growth backed by bullish performance across all segments
ZIMBABWE – Zimbabwe’s largest beverage company, Delta Corporation, has registered a 55% growth in revenue in the first quarter ended 30 June 2022. The rise…
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Danone posts strong first half results boosted by higher prices
FRANCE – French multinational food-products corporation, Danone, has posted a “strong first half,” after recording €13.33 billion (US$ 13.63B) in net sales, up 7.4% on…
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Kingsland Drinks, Manchester Still invest in upgrading spirit production at Salford facility
UK – Kingsland Drinks, a premier independent UK supplier of wine and spirits, has partnered with Manchester Still to install a new fermentation and distillation…