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Financial focus

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.

‘Global brand’ stardust rubs off across Arla during 'strong' 2011

24-Feb-2012 - Arla Foods has announced a strong set of results for 2011, and the company has told DairyReporter.com that this is due in large part tighter ‘global brand’ focus that is boosting its entire portfolio.

Ingredients and flavours strong for Kerry within ‘stable, unsurprising’ results

21-Feb-2012 - Favourable consumer trends for healthy formulations and natural flavours ensured steady growth in the ingredients and flavours segment of Kerry Group.

Nestlé invests €50m in 5-year probiotic licensing deal

15-Feb-2012 - Swedish probiotics player BioGaia is welcoming a 5-year, €50.8m extension to a licensing deal with Nestlé for use of its Lactobacillus reuteri probiotic strain in infant nutrition products.

Danone and Mead Johnson to make united Pfizer nutrition bid?

27-Jan-2012 - Danone and Mead Johnson may make a joint bid for the €8bn infant nutrition-dominated Pfizer nutrition business that is up for sale, according to press reports.

Probi sales jump 17% in 2011 as supplements market shines

25-Jan-2012 - Swedish probiotics supplier Probi has turned in healthy annual figures with sales up 17% to SEK94.4m (€10.67m) in 2011 from SEK80.4 (€9.90m) in 2010.

Dutch start-up secures funding for egg lutein and peptide R&D

11-Jan-2012 - Dutch firm Newtricious has won undisclosed funding from a local investment consortium that will advance its egg-focused R&D to drive products to shelves in, “two to three years”.

Chr. Hansen results beat expectations, colours providing improved ROI

11-Jan-2012 - Chr. Hansen’s first quarter results for financial year 2011/12 are a notch stronger than analysts had expected.

Barentz bolsters UK presence with life-sciences acquisition

22-Dec-2011 - €650m Dutch supplier Barentz Europe has built on its ever-expanding European and global presence by acquiring UK life sciences firm, Forum Products Ltd for an undisclosed sum.

2012 set to see some heavyweight M&A activity? Definitely, say leading food market analysts

21-Dec-2011 - Is there appetite for M&A activity in 2012? Food market watchers reckon the sector could see some heavyweight deals next year despite the on-going credit lending challenges.

Dispatches from FiE

Solbar glad new owners can not only count soy beans, but grow them

01-Dec-2011 - Israeli soy player Solbar was acquired by the US farmers co-op, CHS last month, an acquisition the company welcomes for more than just financial reasons after some difficult years.

CHS to acquire Israeli soy protein company Solbar for $133m

25-Nov-2011 - The United States’ biggest farmer-owned cooperative CHS Inc. has signed an agreement to acquire soy protein company Solbar for $133m, sending share prices in the Israeli company soaring.

Despite ‘headwinds’ Glanbia could hit acquisition trail again in 2012, analyst

16-Nov-2011 - Irish dairy ingredients and cheese manufacturer Glanbia could be on the look-out for acquisitions again in 2012, according to an analyst based in the country.

Chr. Hansen claims 'solid performance' allows hike in R&D investments

03-Nov-2011 - Chr. Hansen’s full-year results are in line with expectations, says an analyst, but positives noted were the suppliers’ expectations for its EBIT margin growth and the better performance for its probiotics division in Q4.

Swedish authorities approve Arla's merger with struggling Milko

26-Oct-2011 - The Swedish Competition Authority (Konkurrensverket) has approved Arla’s merger with struggling Swedish dairy processor Milko, which had faced bankruptcy in the event of the deal not going through.

Indena buys into Thorne as it targets US supplements-pharma niche

04-Oct-2011 - Italian botanical extracts giant Indena has gained an undisclosed shareholding in US supplements manufacturer, Thorne Research, that will see the two working to expand their presence in areas like cancer and diabetes.

Naturex targets acquisitions as profits rise

29-Aug-2011 - French botanicals supplier has seen profits rise 28% to €9.7m in the first half of 2011 compared to H1 2010, and says its policy of seeking acquisitions remains unchanged.

Dairy prices to soften, says Glanbia

24-Aug-2011 - A modest weakening in dairy prices is expected, forecast Glanbia, as the company posted a profit jump in its half year results.

Frutarom profits dip as raw material costs rise

19-Aug-2011 - Israel-based flavours, botanicals and speciality ingredients player Frutarom has reported lower profits in Q2, with raw material hikes cited as the principal cause.

Kerry delivers “solid” H1 with 6% profit hike to €214m

17-Aug-2011 - Irish dairy and ingredients group Kerry has turned in a”solid” first half of 2011 that saw it increase volumes, weather raw material price hikes, and see success in a “go-to-market” functional ingredient strategy as profits jumped 6.1% on 2010 figures.

Analysts predict 6-7% sucralose growth for Tate & Lyle

29-Jul-2011 - UK analysts are forecasting 6-7% growth in sucralose for Tate & Lyle Splenda version of the sweetener which leads the segment globally.

Exclusive interview

Head of DSM Food Specialties tackles the big food ingredient issues

09-Jun-2011 - Hans-Christian Ambjerg, president of DSM Food Specialties, goes head to head with FoodNavigator.com on commodity prices, emerging markets and acquisition strategy.

Naturex doubles Q1 net profit as merger benefits arrive

31-May-2011 - French botanicals supplier Naturex has seen its 2011 Q1 net profit double from €2.4m to €4.8m on revenues of €64m, as benefits of its 2009 expansion kick in.

Disptaches from Vitafoods Europe 2011

DSM on Vitatene, Martek and its investment “shortlist”

18-May-2011 - DSM’s head of global marketing in human nutrition and health, Gareth Barker, explains why it has bought a carotenoid supplier (approval permitting), how the Martek acquisition is progressing, and why the company is not finished spending yet.

DuPont succeeds in Danisco bid

16-May-2011 - US chemical group DuPont has successfully completed its tender offer for Danisco, as 92.2 percent of outstanding shares in the Danish food ingredients firm were tendered by Friday’s deadline, DuPont said on Monday.

EU approves DuPont-Danisco offer – but it’s far from a done deal

05-Apr-2011 - The European Commission today approved DuPont’s €4.5bn offer for Danish probiotics, enzymes and ingredients giant Danisco but the deal remains in doubt as to date only 6% of Danisco shareholders have accepted the offer.

Spotlight

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Exclusive interview

Ocean Spray backed research reveals cranberry polyphenols in human urine

Professor Jeffrey Blumberg

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