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Top 10 Countries In Europe For Purchasing Power In 2024

ESM looks at the top 10 countries in Europe for purchasing power in 2024, according to GfK.

Italian Food Giants Merge To Create €1.1bn Cured-Meat Powerhouse

Cured meat and cheese producer Salumifici GranTerre and cured meat brand Parmacotto have agreed to merge, creating one of Italy's largest hubs for br...

Italian Online Grocery Market Reaches €4.6bn In 2024, Study Finds

The total value of the Italian Food & Grocery market reached €75.5 billion in 2024, with online sales accounting for 6% of the total or €4.6...

France's Danone Cuts Out Brazilian Soy Ahead Of Tough New EU Rules

Danone has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told Reuters, ahead of a European Union rule requiring c...

UK's Mondi To Take $108m Charge After Fire Shutters Paper Mill

Mondi said it will take an impairment charge of €100 million ($108.23 million) due to the closure of its Stambolijski paper mill after a fire.

Kerry Group Reiterates Full-Year Guidance Following Volume, Margin Growth

Kerry Group has reiterated its full-year earnings per share guidance following continued growth in volume and margin in the first nine months of its financ...

Essity Books Small Profit Decline Despite Increased Sales Volumes, Market Share

Swedish hygiene products maker Essity reported a decline in third-quarter core earnings - one in line with expectations.

Carrefour Reports An ‘Eventful’ Third Quarter, With LFL Sales Up By 8.8%

Carrefour has reported improved performance in the third quarter of its financial year as consumer behaviour continued to recover across France and Europe.