Archives for August 19, 2004

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Dairy continues to drive Nestlé results

Dairy products remain an important growth driver for Swiss food and beverages group Nestlé, despite the disposal of a number of assets and poor weather conditions which affected sales during the first half. But organic growth was down compared to last...

New Dragon continues strong results

New Dragon Asia, a leading producer of flour and flour-related products to the China market, has reported strong results for its second quarter, reflecting increasing sales, net income and the gross profit margin caused by improvements in the...

Small and large stores to drive UK growth

Convenience stores and hypermarkets - formats at opposite ends of the retail spectrum - will be the main drivers of growth in the British food retail market over the next five years, according to grocery think tank IGD. The UK market - one of the most...

Tetra Pak targets Asian Lactose Intolerence

Finnish dairy firm Valio has joined up with Tetra Pak to market its production technology for lactose-free milk outside its home market. The firm is particularly hoping for strong sales in Asia where a high incidence of lactose intolerance should make...