DSM and Firmenich shared the first joint financial results since their merger, which was completed on May 8. Taste, Texture & Health is among the categories that performed well. The company estimates an FY 2023 on a pro forma basis Adjusted EBITDA of between EUR 1,800-1,900 million (versus EUR 2,275 million in FY 2022).
Fedima and its members support the revision of the European Commission’s Regulation (EU) No 1169/2011 on food information to consumers as part of its ‘Farm to Fork’ strategy. In a Position Paper, the association addresses specific topics related to nutrient profiles and nutrition in general.
Cindy Yao holds not one, but two leadership roles at one of the industry’s leading companies. She talks about combining…
Mondelēz reveals its net revenues increased by +17.0% in the second quarter of 2023, driven by organic net revenue growth of +15.8%, with strong volume/mix performance in three out of four regions.
Délifrance prepared a resource titled ‘Smart guide – time saving & low budget food service solutions’ to support the embattled foodservice sector as it recovers from pandemic, inflation, and supply chain disruptions. The French specialist carried out extensive research over the past two years to prepare the guide.
Kwik Lok announced John Skadorwa joined its leadership team as its new Chief Operating Officer (COO). Outgoing COO Jeff Scott is retiring.
Syntegon published its first sustainability report, for fiscal year 2022 with reference to the sustainability reporting standard of the Global Reporting Initiative (GRI). Information about the company’s environmental, social, and responsible corporate governance practices is included.
Grupo Bimbo’s net sales reached a record level for a second quarter at Ps. 100,366 million, a 4.1% increase. The adjusted EBITDA rose by 7.8%. In Q2, the company acquired National Choice Bakery, a US-based bagel producer.
