Petra Foods profits slump as Indonesian consumers cutback on chocolate
SilverQueen and Delfi brand owner Petra Foods has reported a 40% net profit dip in Q2 2015 as sales fall in its main market Indonesia.
Archives for August 16, 2015
Mondelēz escapes Indian competition watchdog wrath in distributor spat
Mondelēz did not breach competition rules following a complaint from a distributor it was placing unfair terms on rural stockists, rule Indian authorities.
Will fructose follow trans fats’ fate?
Mounting scientific evidence and a shift in public opinion could mean fructose is set to follow the same black-listed fate as trans fats, argues an analyst.
Fudge maker to invest £1.6M in global expansion
A Scottish fudge and sweet maker is set to invest in machinery and create up to 16 jobs, after securing a £1.6M finance package.