Today on FoodAndDrinkEurope.com
 
· Beer sales set to increase, says Heineken

· Coca-Cola experiences double digit sales

· Cadbury Schweppes invests in gum confectionery

· Bakery sales continue to struggle for Northern Foods

· Investment firm continues European milling market expansion

 
   
Other top industry news
 
· Corn expectations prompt Tate & Lyle buy

· CSM streamlines US bakery ingredients operation

· Ginseng standard to cover one species?

· Fancy a beer for more than twice the price?

 
 

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Friday 20 July 2007

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Beer sales set to increase, says Heineken
Heineken announced yesterday that it has doubled its forecast for net profit growth, with strong sales in emerging markets offsetting slow growth rates in Europe and the US... Read


Coca-Cola experiences double digit sales
Coca-Cola reported Tuesday net revenue growth of 19 per cent for the quarter ending 29 June, led by strong performances in emerging markets... Read


Cadbury Schweppes invests in gum confectionery
Cadbury Adams USA has extended its partnership with ingredients firm Senomyx in a bid to boost its gum business... Read


Bakery sales continue to struggle for Northern Foods
Northern Foods today reported a 2.6 per cent decline in bakery sales revenue in the 13 weeks up to 30 June... Read


Investment firm continues European milling market expansion
Austrian investment firm Leipnik-Lundenburger Invest (LLI) said it has successfully completed its entry into the southeastern European milling market with the acquisitions of two bakery firms... Read


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Other top industry news



Corn expectations prompt Tate & Lyle buy
Tate and Lyle is in a strong position to perform above expectation in the second half of the financial year, says Goldman Sachs, thanks to the positive effect of a large US corn crop for 2008 - and therefore lower... Read


CSM streamlines US bakery ingredients operation
Dutch company CSM will continue to concentrate its manufacturing in the US by transferring the production of a subsidiary to other North America plants... Read


Ginseng standard to cover one species?
A regional standard for ginseng in Asia currently being drawn up by Codex should only cover one species of the herb, the International Alliance of Dietary/Food Supplement Associations (IADSA) has said... Read


Fancy a beer for more than twice the price?
In 2006, the price of beverages was on average two and a half times more in the most expensive EU country than in the cheapest, according to a Eurostat report... Read



Weekly Comment

The aspartame science kerfuffle
The publication of a new animal study on aspartame last month has - as expected -sparked yet another bout of head butting from the two opposing sides of the debate.  But it also highlights a bigger issue: one of transparency. Read



Previous Headlines

Danone sells Danao in France

Court fines Cadbury 1.5m over salmonella contamination

Unilever consolidates UK operations

Pepsi and others settle benzene lawsuit

Premium crisps drive growth, says report

Cadbury buys US bottler

S&P downgrades Danone's credit rating

Glanbia reports gains despite dairy difficulties

Pepsi pricing plan maintains confidence

Cadbury spreads further into developing markets



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