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Financial focus
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Examining the financial movements of all the big players, from ingredients suppliers to packaging providers. Volatile oil prices, banking turmoil and nervous consumers are forcing companies to rethink their business strategies. Articles will dig into the shifting landscape, reveal how the cosmetics world is adapting and break news of the latest financial results and market data. |
DSM contracts suspended in China
03-Nov-2009 - DSM has said that it intends to look for new partners in China for its nutritional products and anti-infectives, after its contracts with North China Pharmaceutical Group Corporation (NCPC) were suspended.
Naturex merger to double 2009 earnings
28-Sep-2009 - Naturex, the French-based botanicals giant that recently acquired the ingredients business of Spanish company, Natraceutical Group, will earn €185m in 2009 – up from its 2008 income of €93.2m, as it announced details of the deal.
ADM reports 83% profit decline; corn processing division battered
05-Aug-2009 - Archer Daniels Midland (ADM) has reported an 83 percent decline in net earnings for Q4 2009, and in corn processing increased profits from corn-based starches and sweeteners were buried by losses in ethanol.
Nutrition division stars as DSM H1 profits plunge
04-Aug-2009 - Dutch life sciences giant, DSM, is feeling the effects of the recession with profits sliding 76 per cent, but its Nutrition division has bucked the trend to be the only section of the company to record improved sales over the second quarter.
Raisio Q2 results dip but not beyond expectation
04-Aug-2009 - Raisio, the Finnish ingredients supplier and owner of the Benecol plant stanol cholesterol-lowering range, reports lower sales and profits for the second quarter of 2009, drops the company said it was prepared for.
Weekly comment
Economic depression a stimulus for fresh business
02-Jun-2009 - The economic recession is biting across the globe, and bleeding casualties litter all industries, but now is not the time to cower. Those willing to spend may provoke a stimulation of their business that could set them up for years, if not decades, to come.
DSM turns record profit ahead of ‘uncertain’ year
18-Feb-2009 - “A year of stark contrasts” as DSM board chairman, Feike Sijbesma called it, has seen DSM turn a near €1bn profit but left the Dutch ingredients giant unable to make a forecast for this year as the economic crisis sets in.
Recession-proof BioGaia doubles 2008 profits
13-Feb-2009 - Swedish probiotics specialist, BioGaia, has turned in an impressive set of financial results for 2008, maintaining the 30 per cent-plus growth it has achieved annually for the best part of this decade.
Raisio doubles profits but sees tough year ahead
12-Feb-2009 - Raisio, the Finnish plant stanol and raw ingredients supplier and maker of the Benecol cholesterol-lowering consumer brand, more than doubled profits and increased turnover by 20 per cent in 2008, but its forecasts are humble in the face of the harsh economic climate.
Cognis digs its way out of debt as sales growth continues
26-Nov-2008 - Germany-based ingredients supplier Cognis is unburdening its debt load thanks to continued sales growth all round, and strong Vitamin E sales in its Nutrition & Health segment.
Frutarom eyes opportunities thrown up by financial turmoil
20-Nov-2008 - The global economic crisis will yield rich pickings for food firms with a strong capital structure. So believes Frutarom, which has reported another quarter of impressive growth figures on the back of its most recent acquisitions splurge.
Chr Hansen sees results of tight focus
07-Nov-2008 - Chr Hansen has reported a year of strong growth in 2007/8, putting it in a strong position to expand in the life sciences arena, and in particular health and nutrition.
Raiso doubles Q3 profits
31-Oct-2008 - Raisio, the Finnish plant stanol supplier and maker of the Benecol cholesterol-lowering consumer brand, reports third quarter profits of €7.6m, a 100 per cent increase on Q3 in 2007.
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