Flowers Foods, Inc. reported its Q1 sales increased by 6.9% to a quarter-record of USD 1.534 billion, compared to the first quarter of 2022. The company’s net income decreased by 17.4% to USD 70.7 million and its adjusted net income decreased by 13.1% to USD 80.9 million.
financial results
Vicky Foods reported a turnover of EUR 536 million in 2022, a 32.3% growth compared with the results achieved in 2021. Last year, the Spanish group boosted its production volume by 6% – to a total of 203,000 tons.
Domino’s Pizza announced results for the first quarter of 2023. Its global retail sales grew 5.9%, excluding the negative impact of foreign currency. Without adjusting for the impact of foreign currency, global retail sales grew 2.2% in the first quarter of 2023.
Orkla reported a ‘solid’ improvement in both profit and revenues in the first quarter. Profit before tax amounted to NOK 1.7 billion (EUR 146,619,117), a year-over-year increase of 12%.
Dr. Oetker reports EUR 4 billion in sales for the 2022 financial year, an adjusted sales growth of 5.7%. In that time, investments amounted to around EUR 125 million. Around 65% of the total sales are outside of Germany.
Britannia Industries saw its shares rising by as much as 10% on November 7. The surge followed a 28.4% jump in its second-quarter consolidated net profit.
ARYZTA has achieved an underlying net profit of EUR 45.6 m in FY 2022, the first profit in many years. Despite current market challenges including inflation, the company anticipates further improvements .
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.