The cocoa grinder’s profits declined on weaker demand and higher costs, even as revenue nearly doubled on strong ingredient pricing.
Coffee operations in Brazil and strategic growth initiatives supported Strauss Group’s sales surge despite declining net profit.
SPC Global surpasses financial targets, expands global footprint, and unveils a new beverage unit focused on functional drinks.
Swedish coffee roaster Löfbergs appoints FMCG veteran Kieran Youngman as CCO to drive growth in key European markets.
Beverage makers push for tax system that differentiates drinks by sugar content as low-sugar demand gains momentum.