Financials & Economy
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Nestle Nigeria records marginal decline in half year profit, makes new board appointments
NIGERIA – Nestle Nigeria Plc has posted a double-digit growth in top-line earnings in the first half of 2021 ended June. According to the company,…
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Ingredion, MGP Ingredients post double-digit growth in Q2 buoyed by increased consumer demand
USA — American multinational food ingredients supplier Ingredion and producer of specialty wheat protein and Starches MGP Ingredients have seen record growth in Q2 sales…
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Kellogg’s net sales grow in Q2 as Treehouse suffers from decreased demand for private label
USA – American multinational food manufacturing company Kellogg Company has reported a strong second-quarter boosted by increased sales in emerging markets. Reported net sales for…
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Kraft Heinz reports decline in net sales as pandemic boom starts to wane
US – American multinational food company Kraft Heinz has reported a decline in net sales for Q2 2021 as the pandemic boom experienced in 2020 starts…
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Grupo Bimbo posts strong Q2 results, sells AI-focused subsidiary to Mekitec
MEXICO – Mexican multinational baking company Grupo Bimbo has reported strong Q2 results where net sales grew 6.6% driven volume growth in multiple categories, mainly snacks, confectionery, buns…