Europe

Emmi Posts Sales Growth Of 4.3% In H1 2023

Swiss dairy group Emmi has reported a 4.3% year-on-year increase in sales, to CHF 2.1 billion (€2.2 billion), in the first half of its financial year.

Coty Forecasts Downbeat Annual Profit As Goods, Labour Costs Bite

CoverGirl parent Coty has forecast annual profit below Wall Street expectations, hurt by steeper input expenses, even as the company raised product prices...

EU Crop Monitor Trims Yield Estimates, Warns Of Wheat Quality Damage

The European Union's crop monitoring service has reduced its forecast for this year's average EU soft wheat, maize and rapeseed yields for a third consecut...

Billerud Names Matthew Hirst As President Of New European Division

Pulp and paper manufacturer Billerud has announced that it has created a new European business unit.

Italy’s Cesare Fiorucci Gets New Owners

Mexican food company Sigma Alimentos has sold Italian cured meat producer Cesare Fiorucci to Fiorucci Holding, an entity jointly controlled by Germany's Na...

HelloFresh Launches Ready-To-Eat Brand 'Factor' In Europe

Meal-kit maker HelloFresh has launched its ready-to-eat (RTE) brand, Factor, in Europe, with initial rollouts in the Netherlands and the Flanders region of...

Brazilian Meatpacker JBS Sees $450m Gain From Lower Grain Prices

JBS has forecast gains of $450 million (€411.8 million) this year related to lower grain prices, particularly corn, higher than guidance of $340 milli...