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nutritionals business
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Bellamy’s Expands to Meet Infant Formula Demand with Fonterra Partnership
Dec 3, 2015Publicly-listed organic infant food producer Bellamy’s has entered into a multi-million dollar agreement with dairy producer Fonterra. The strategic agreement has been made for five years and Fonterra Oceania Managing Director ...
Tags: cheese, whey, nutritionals
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Fonterra’s Australian Business Invests $93.9m in Modern Cheese Facility
Dec 3, 2015New Zealand-based dairy cooperative Fonterra’s Australian unit is investing NZD$141m ($93.9m) in the construction of a modern cheese facility at its Stanhope factory premises. The new facility will be constructed in place of the ...
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Fonterra and Bellamy’s Partner to Produce Infant Formula Foods
Dec 3, 2015New Zealand-based dairy company Fonterra has entered into a five-year strategic alliance with Bellamy’s to produce a new range of infant formula powders in Australia. Bellamy's Australia will supply organic ingredients to Fonterra ...
Tags: Fonterra, Bellamy, infant formula
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MG Has Recorded More Than Two-Fold Increase in Net Profit After Tax to $34.9m
Sep 24, 2013Murray Goulburn (MG) Co-operative, an Australian diary giant, has recorded more than two-fold increase in net profit after tax to $34.9m for the financial year ended 30 June 2013, as compared to $14.5m in 2012. Sales rose by 1% against ...
Tags: Murray Goulburn, Food
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Irish Has Led The Irish Food Group to Lift Its Forecast for Full-Year Earnings
Dec 12, 2012A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
Tags: Glanbia, nutrition ingredients, earnings, food industry
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Glanbia Said It Expects Full-Year Profits to Come in at The Upper End of Its Guidance
Dec 11, 2012Irish food group Glanbia said today (7 November) it expects full-year profits to come in at the upper end of its guidance. In an interim management statement, Glanbia said that earnings per share, excluding currency exchange, are expected ...
Tags: Dairy, profits, nutritionals business