Global Industry: Luckin Coffee reports Q2-2019 results
Bremerhaven. (bm) Luckin Coffee Inc., Chinese counterpart of Starbucks and a pioneer of a technology-driven new retail model, announced its unaudited financial results for the second quarter ended June 30, 2019. Net revenues from products increased over 698 percent year-over-year...
Weiterlesen
Global Industry: HMSHost Inks Deal with Panera
Bremerhaven. (bm) Committed to providing travelers with more convenient, freshly-prepared, high-quality food choices, global restaurateur HMSHost announces an exclusive, multi-year, multi-unit development agreement with Panera Bread that will expand the fast casual chain’s presence...
Weiterlesen
Global Industry: FDF warns of no-deal Brexit risks
Bremerhaven. (bm) Responding to the announcement of Rt Hon Boris Johnson MP as the new UK Prime Minister, Ian Wright CBE, FDF Chief Executive said: «The UK’s largest manufacturing sector, food and drink, is central to our critical national infrastructure. The industry employs more than...
Weiterlesen
Global Industry: Almarai announces Q2-2019 results
Bremerhaven. (bm) Almarai Company announced its Condensed Consolidated Interim Financial Results for the six months period ended 30th June 2019. The Revenue for H1-2019 amounted to SAR 7’074.1 million, an increase by 3.1 percent as compared to H1-2019. Gross Profit amounted to...
Weiterlesen
Global Industry: Valora on course for growth
Bremerhaven. (bm) After winning the strategically important SBB tender, Switzerland’s Valora Holding was reporting on its business model as well as its growth strategy and communicating its mid-term targets until 2025 at its Investors’ Day. Valora has made good progress this year, but corrects...
Weiterlesen
Global Industry: PAI Partners buys Areas from Elior
Bremerhaven. (bm) Spain’s Areas, No.3 global leader in the food + beverage and travel retail markets, and previously a subsidiary of Elior Group, is now a separate company following the completion of its acquisition by PAI Partners. Areas, which reported revenues of EUR 1,832 billion at the close of...
Weiterlesen
Global Industry: General Mills Reports Fiscal 2019 Results
Bremerhaven. (bm) General Mills Inc. reported results for the fourth quarter and full fiscal year ended May 26, 2019. Net sales increased 7 percent to USD 4.16 billion and were up 9 percent in constant currency, driven primarily by the addition of Blue Buffalo Pet Products. Organic net sales declined...
Weiterlesen
Global Industry: Baking the Future in Spain
Bremerhaven. (bm) Spain’s Europastry S.A. has collaborated with «Eatable Adventures» to launch the «Baking the Future» Challenge, a competition aimed at finding the most forward-thinking start-ups that are able to come up with agile and disruptive responses to the company’s most ambitious goals.
Weiterlesen
Global Industry: Aryzta shows signs of stabilisation
Bremerhaven. (bm) Swiss-Irish Aryzta AG announced financial results for the quarter ended 30 April (Q3/2019). The performance shows sequential improvement in terms of Group organic revenue. The company has been on a three-year programme to get the business back on track, with the...
Weiterlesen
Global Industry: Beyond Meat moves closer to Europe
Bremerhaven. (bm) Beyond Meat Inc., a leader in plant-based meat, announced that it has expanded its partnership with Zandbergen World’s Finest Meat to produce the brand’s innovative plant-based meats at a new manufacturing facility being constructed by Zandbergen in Zoeterwoude (NL).
Weiterlesen