Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
DuPont Nutrition & Health has revealed a right combination of soluble and insoluble fiber ingredients, which allow bakers to produce healthier products with high appeal. DuPont Danisco Litesse and FIBRIM combination helps overcome the ...
Tags: DuPont, fiber ingredients
Australian dairy-to-bakery group Goodman Fielder has reported a mixed first half, with a jump in net profit but lower adjusted operating profit and sales. Goodman Fielder said today (13 February) that net profit more than doubled to A$51m ...
Tags: dairy, Goodman Fielder, net profit
The union representing Hostess Brands workers has insisted the US bakery group is "falsely claiming" the closure of three bakeries was the result of strike action. Hostess has been trying to force through cuts to pay and conditions and ...
Tags: Hostess Brands, bakeries, strike action, bakery group
Swiss bakery group Aryzta has reported a 0.9% increase in underlying quarterly sales from its food division amid "very challenging" economic conditions in Europe. The 0.9% rise was the underlying revenue growth from Arytza's "food group" ...
Tags: bakery group, Aryzta, sales, growth, Q1
Net profit slides to EUR146.3m Underlying net profit, pre-tax profit rises Sales, margins improve Swiss bakery group Aryzta said that its performance for fiscal 2012 was "satisfactory" as it booked a decline in net profit, despite ...
Markel Ventures has acquired a majority interest in US-based Reading Bakery Systems and affiliated entities for an undisclosed amount. Reading Bakery Systems, based in Reading, Pennsylvania, designs and manufactures industrial baking ...
DuPont Nutrition & Health has launched a new enzyme range, which can enable manufacturers to retain the soft and fresh quality of industrial cakes for longer period. The DuPont POWERSoft Cake range of enzymes, from the DuPont Danisco ...
Tags: new enzyme range, soft and fresh quality, industrial cakes