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... irish dairy and ingredients group kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market” functional ingredient strategy as profits jumped 6 ... the group remains confident of achieving its growth targets for the full year and delivering eight to twelve per cent growth in adjusted earnings per share as guided at the beginning of the year ... ” the company said it had engaged in group cost recovery which had “proved highly effective” and that it would continue to engage in pricing alterations where inflationary raw material pricing trends continue but in, “collaboration with customers ... it said its ingredients and flavours businesses had grown ahead of market in all regions due to, “successful layering of group technologies and focused end-use-market innovation ... ” functional ingredients grew in all markets it said, praising the response to its “go-to-market” strategy with enzymes and emulsifiers
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... irish dairy and ingredients group kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market” functional ingredient strategy as profits jumped 6 ... the group remains confident of achieving its growth targets for the full year and delivering eight to twelve per cent growth in adjusted earnings per share as guided at the beginning of the year ... ” the company said it had engaged in group cost recovery which had “proved highly effective” and that it would continue to engage in pricing alterations where inflationary raw material pricing trends continue but in, “collaboration with customers ... it said its ingredients and flavours businesses had grown ahead of market in all regions due to, “successful layering of group technologies and focused end-use-market innovation
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... kerry group has confirmed it is in exclusive talks to buy the flavours arm of us food giant cargill, which “may, or may not result in the sale of the business ... ” the potential acquisition of cargill’s flavours business would see kerry increase its presence in developing markets such as asia and south america, and could help the irish ingredients group to expand its presence in the beverage market ... frank hayes, director of corporate affairs, kerry group, told foodnavigator that whilst he could not disclose any details of the discussions, he is confident that a deal can be reached ... the division provides ingredients and flavours for the beverage, dairy, sweet and savoury categories including cheese, yoghurts and ice creams and is said to span 22 countries, with production facilities in europe, north america and asia
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... food ingredients group chr ... "organic growth for the group remained strong in q3
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... efsa ha rejected a valio probiotic gut health claim finnish dairy and ingredients group valio submitted 45 human studies and 41 non-human studies in its dossier for a claim that the strain could help, “to maintain defence against intestinal pathogens”
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... uk ingredients group tate & lyle reported an increase in dividend alongside a growth in net profit, despite warning of "more modest" profit growth in its sucralose division in the coming year ... the group said today (27 may) that net profit reached gbp167m (us$274 ... the company expects good sales growth in its speciality food ingredients in the coming year ... the company expects sweetener margins to remain flat in its bulk ingredients division, with volumes slightly down ... shares in the group were down 0
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... a mixture of higher sales and lower costs helped boost profits in 2010 at food ingredients group givaudan ... the company's group sales totalled chf4
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... food ingredients group danisco has agreed to a us$5 ... 8bn takeover bid from us chemicals group dupont ... "biotechnology and specialty food ingredients have the potential to change the landscape of industries, such as substituting renewable materials for fossil fuel processes and addressing food needs in developing economies, that will generate more sustainable solutions and create growth for the company
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... the board of food ingredients group danisco today (10 january) backed the us$5 ... 8bn takeover bid from us chemicals group dupont ... the board said dupont was "strong strategic fit" with the denmark-based group and would create "new growth opportunities for both companies" ... there will be substantial opportunities as part of a larger group and dupont will bring significant advantages to danisco's strategy and further development
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