Financials & Economy
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American farmer cooperative Land O’Lakes delivers 14 percent topline growth in 2021
USA – America’s premier agribusiness and food company Land O’Lakes, Inc., delivered a 14% topline growth in 2021 with net sales rising to US$16 billion,…
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Olam reorganization delivers strong full year results with profits surging 179 percent
SINGAPORE – Olam’s reorganization plan announced in 2020 has delivered much-needed growth for the company, driving the company to a record 179 percent growth in…
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Glanbia receives greenlight to build US$155m cheese plant in Ireland
IRELAND – Irish global nutrition group Glanbia has won the battle over a planned €140m (US$155m) cheese production plant that was subject to a two-year…
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French dairy Lactalis reopens Ukraine factory but war continues to impact operations
UKRAINE – World’s largest dairy company Lactalis has resumed output at a factory in Ukraine where production had been halted amid nearby fighting. A spokesperson…
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Friesland Campina full year revenues rise 3.2% driven by recovering demand in Europe
NETHERLANDS – Dutch multinational dairy cooperative Friesland Campina has reported strong fiscal year 2021 results with net sales for the group’s food and beverage division…