With Arla Foods maintaining its profit projections for 2010 of DKr1.2b, the Scandinavian dairy co-operative has decided to increase the milk price to members for the fifth time this year.
Tag "dairy"
As expected, following an earlier profit warning, Robert Wiseman Dairies, which processes and delivers 30% of the fresh milk consumed in Britain, has reported a fall in operating profit, down
Dairy Crest has performed solidly during the first six months of the year, benefiting from being a broadly based dairy business with strong brands. Adjusted profit before tax (before exceptional
Arla Foods UK, the British subsidiary of Scandinavian dairy co-operative Arla Foods, is to manufacture retail packet butter at Westbury Dairies, from August 2011. The move follows the announcement in
Milk Link, the UK dairy co-operative, has more than trebled profit before tax to £12.2m in the first half of 2010, compared to the corresponding period in the previous year,
Graham’s The Family Dairy, Scotland’s largest independent dairy company, achieved record sales and profits during its last financial year ended March 31st 2010. Turnover broke through the £40m barrier for
Dutch dairy co-operative FrieslandCampina will exclusively purchase sustainably produced palm oil in the future. Palm oil and palm oil products are used as ingredients in for example, coffee creamers and
Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, is seeking to raise about $100m via an initial public offering of 20-25% of
Danone has finalised the sale of its 18.4% stake in Wimm Bill Dann Foods, the Russian dairy and food group for $470m. Danone has held the stake since Wimm Bill
Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding machine to increase production of its Cravendale milk brand at
Swiss dairy company Emmi has completed the extension of its cheese-ageing cave in Kalthbach in response to growing demand for Kaltbach cheese specialities in Switzerland and abroad. Over the last
Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m (Eur425m). Based in New South Wales and listed on the
Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums and jellies: these are just some of the ideas being
First Milk’s plans to build a state-of-the-art creamery at Campbeltown in Scotland have moved a step forward after Argyll & Bute Council approved a planning proposal for a new Tesco
Theo Muller, the privately owned German-based dairy group which is also the leader in the UK yoghurt market, has increased its stake in British dairy group Dairy Crest to 3.04%.
UK dairy group Dairy Crest has renewed its fresh liquid milk contract with retailer Morrisons through to 2015. “We are delighted to have been awarded this extension to our contract
Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, for more than £2b. Private
UK exports of food and non-alcoholic drinks grew to more than £5b in the first half of 2010 – a rise of 4.3% on the same period in 2009 –
Graham’s, Scotland’s leading independent dairy company, is acquiring Claymore Dairies for an undisclosed price. Claymore Dairies was sold earlier this year by Arla Foods and North Milk Co-op to a
Swiss dairy company Emmi has joined forces with MIBA, a group of milk producers in north-western Switzerland, to invest SFr2m to purchase and reopen the former Regio Milch beider Basel
UK dairy group Dairy Crest has moved to reassure investors following rival Robert Wiseman Dairies’ shock profits warning due to recent intense competitive pressures within the liquid milk market. Whilst
UK liquid milk specialist Robert Wiseman Dairies has cautioned that whilst anticipated sales volumes for the year remain unchanged, operating profits will be impacted by around £7m in the second
British dairy co-operatives First Milk and Milk Link have agreed terms for Arla Foods UK, the British arm of Scandinavian
Arla Foods has announced that it will establish the world’s first zero carbon milk processing facility at Aston Clinton, Aylesbury,
The first UK sector specific guidance for calculating the carbon footprint of all dairy products has been launched. Developed by
Ukrainian dairy business Ukrproduct Group has reported a 5.3% drop in year-on-year revenue to £20.7m for the first six months
Owing to his retirement, Frans Visser will step down as a member of the executive board of Dutch dairy co-operative
The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The
Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian
Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue
Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1%
Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales
Although Bongrain has significantly improved profitability and sales in the first half of 2010 compared to the corresponding period in
Global dairy markets recovered somewhat unevenly in the first half of 2010. Commodity prices declined in the early months, stabilised
Glanbia, the international nutritional ingredients and cheese group, has delivered strong top line revenue, profit and margin growth for the
The European Commission has cleared the proposed acquisition by the French group Lactalis of Spanish group Ebro Puleva’s dairy business.
Arla Foods Milk Partnership, the British farmers group which supplies milk to dairy processor Arla Foods UK, is considering increasing
Northern Ireland’s dairy industry must aim for greater supply chain co-operation, more efficient farms and more added value products, according
First Milk has returned to the black in the year ended March 31st 2010 with a positive £10.3m swing in
Danone has agreed to sell its 18.4% stake in Wimm-Bill-Dann Foods to the Russian food group for a total consideration
Kerry Group, the international ingredients, flavours and consumer foods group, has confirmed the terms of its offer to acquire Irish
Unilever is acquiring Diplom-Is, a Danish ice cream business, from TINE, the Norwegian dairy group, for an undisclosed price. Employing
First Milk, the UK’s largest farmer-owned dairy business, and Morrisons supermarkets have set up a strategic partnership to improve sustainability
UK dairy co-operative Milk Link is planning to launch I Can’t Believe It’s Not Cheddar, a new cheese product that
Yoplait Group of France has granted exclusive franchise rights for the manufacture and distribution of Yoplait branded fresh dairy products,
Lithuanian dairy company Pieno Zvaigzdes has reported a loss of LTL0.8m (Eur0.2m) for the first half of 2010 compared to
Swiss dairy processor Emmi is repositioning its products under the ‘Emmi’ umbrella brand. Typical Swiss symbols and the silhouette of
French and international dairy group Lactalis has extended its UK interests with the acquisition of Rachel’s Organic, the Welsh company
Switzerland celebrates its birthday on August 1st. Together with internationally renowned light artist Gerry Hofstetter, Emmi, the country’s largest dairy
Arla Foods is expanding its dairy in Hollandtown, Wisconsin, in the US to match American consumers’ growing interest in ‘premium’
Private equity firm PAI Partners is reported to be considering the sale of its 50% stake in French yoghurt producer
Dairy Crest has reported that it has started the year well and trading in the first quarter has been in
Dairy multinational Royal FrieslandCampina is aiming to achieve climate-neutral growth throughout the dairy chain over the coming years. Sustainability is
Milko, one of Sweden’s largest dairy companies, is to close down two of its four processing plants. Milko plans to
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