Big in Japan
Julian Ryall considers how the Japanese chewing gum market is evolving.
Business, Candy & Gum, Functional & Free-from, Packaging, Savoury Snacks
Brazilian confectionery market breaks R$10 billion mark
New research from Mintel reveals that the sugar and gum market in Brazil has, for the first time, broken the R$10 billion (€3.8bn) barrier. And it’s a sweet outlook for the future of the sector too, as Mintel forecasts market revenue to grow at a rate of 5% a year, annual growth peaking at 6% […]
Rise in sales for Thorntons
Thorntons has reported a rise in sales as it tries to return to profit. Sales were up 7.8% for the three months to the end of June, compared to a year earlier. That was a rise of £1.8 million to a total of £24.7m. The rise in sales has been driven by consumer demand for […]
Nestlé reports 7.2% growth
In the first three months of 2012, sales increased by 5.6% to CHF 21.4 billion (€17.8bn). Organic growth was 7.2%, composed of 2.8% real internal growth and pricing of 4.4%. Acquisitions net of divestitures, added 3% to sales, whilst foreign exchange had a negative impact of 4.6%. Paul Bulcke, Nestlé CEO says, “As anticipated, 2012 […]
Nestlé raises forecast despite sales drop
Nestle has cautiously raised its forecasts for organic sales growth this year despite posting a 13% drop in sales over the first nine months due to the strong Swiss franc and loss of earnings stemming from the disposal of eyecare company Alcon.
Lindt raises profits on consumer demand
Swiss chocolate company Lindt & Spruengli notes in its latest financial report that strong demand has allowed it to raise its own prices. It reports profits up by almost a third and maintained its sales growth outlook for the year.
Nestlé raises full-year outlook
Nestlé raised its full-year outlook after strong demand for its brands in emerging markets helped it post a 7.5% rise in underlying first-half sales, even growing in European and North American markets.