Novozymes delivers 10% organic sales growth and an EBIT margin of 26% in the first half of the year, despite the volatile market environment. The company announces it adjusted its full-year organic sales outlook from 4-8% to now 6-8%.
Ingredion Incorporated reported the financial results for the second quarter of 2022, which show the company’s strongest growth since 2017.
Dr. Oetker companies achieved sales of around EUR 3.7 billion in the 2021 financial year, on par with the 2020 results, despite market disruptions caused by the global pandemic. The company achieved around 66% of its total sales outside of Germany.
ANA Pan announced plans to open a new ANA Baking Co. in One Cotroceni Park in Bucharest, Romania in the second half of the year, as the company anticipates a 5% growth in its turnover in 2022.
ARYZTA reported strong organic growth of 22.6% in the third quarter of FY2021, with a 20.1% revenue increase, to EUR 433.9 m. The strong organic performance was driven by a volume growth of 15.6%.
AAK Group’s operating profit increased by 21%, reaching SEK 664 million EUR 63.4 million). Its food ingredients business recorded an operating profit increase of 18%.
Baker & Baker announced it closed its first fiscal year as a standalone business with a EUR 450 m turnover.
2021 was an exceptional year for Grupo Bimbo, which delivered record levels of sales, volume and profit, Daniel Servitje, Chairman and CEO, said in a statement announcing last year’s performance.