Lindt expects input cost pressures to continue
The drop in demand for premium products in Europe impacted sales for Swiss chocolate maker Lindt & Sprüngli last year and the company expects pressure on margins to continue due to higher input costs.
Archives for January 22, 2010
Competition clamp-down shows need for compliance culture, lawyers say
As the competition authorities are stepping up scrutiny of the food sector, all companies should ensure they have compliance structures in place and do not view national activities in isolation, say lawyers at CMS Cameron McKenna
Hershey will not bid for Cadbury
Kraft will not face competition from Hershey to buy UK confectionery company Cadbury, it is confirmed today. But a major Kraft shareholder has come out in opposition to this week’s raised bid.