Sugar & Confectionery – LATEST NEWS
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Barry Callebaut targets mid-to-high single-digit profit growth under new CEO strategy
The chocolate maker plans annual capital investments of up to CHF 350 million while prioritizing North America and strengthening its customer-focused growth strategy.
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Tiger Brands sells Beacon Brand as it exits chocolate manufacturing
Tiger Brands is divesting the Beacon brand and chocolate manufacturing assets as part of a broader strategy to simplify operations and focus on higher-margin growth segments.
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Dhampur Sugar Mills FY26 Net Profit Rises 25% to US$6.9M
Dhampur Sugar Mills reported higher FY26 profit and revenue growth, supported by strong sugar and spirits performance, while declaring an interim dividend and expanding investments.
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Bannari Amman Group FY26 net profit surges 41%
Bannari Amman Group reported strong FY26 earnings growth driven by improved sugar segment profitability, lower tax expenses, and ongoing investments in sugar and ethanol expansion.
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Kenya turns to sugarcane ethanol to cut fuel costs, revive sugar industry
Kenya plans major sugar sector reforms focused on ethanol production, renewable energy and value addition to strengthen fuel security and increase farmer earnings.