A new benchmarking survey from Women in Nutraceuticals (WIN) – a non-profit dedicated to achieving gender parity in the industry – highlights the benefits of promoting female leadership.
Blackmores' in-market sales in China dipped in the first half of the financial year, causing its shares to slide and emphasising the difficulty in shifting from a daigou-based model to domestic Chinese trade.
Swiss pharmaceutical and nutritional ingredients player Lonza beat 2017 earnings expectations, but forecast a rise in operating profit margin this year that fell short of analysts’ hopes, knocking its shares.
DuPont is reaping the benefit of its €5bn 2011 acquisition of Danish probiotics and enzymes giant Danisco, with its nutrition and health division showing 23% profit growth in a “sluggish” world market.
Core activity profit fell 30% in 2012 at Swedish probiotics supplier BioGaia – although a cash-rich, five-year licensing deal with Nestlé kept overall figures high even as that very deal simultaneously destroyed margins in its cultures business.
Danisco has nudged up its full year outlook after a strong Q2, and is cautiously positive that mitigation measures will protect its enablers division from the raw material hikes on the horizon.
Food and beverage ingredient demand has been ‘stable’ in Tate & Lyle’s Q1, says the company in its interim statement, and the year so far has exceeded expectations.
DSM is introducing stringent cost-saving measures to withstand the economic slump despite a good performance from nutrition, including slashing 1000 jobs from across its businesses.
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.
Barry Callebaut today said profits for the first half of the
year remained stable as high input and expansion costs
offset overall sales volume increases for the Switzerland-based
firm.
Danisco is reorganising its ingredients business in a bid to target
market trends like health and wellness more closely, and deal with
issues that have been affecting parts of its portfolio.
An increased demand for natural ingredients has led to a 23 per
cent growth in Frutarom's sales for the third quarter, but profit
is down because of rising raw material costs and the impact of
acquisitions.
Raisio has announced a round of job losses in a bid to boost
profits in the wake of this summer's financial results, which saw a
shortfall in its ingredients arm by nearly €4m.
Controlling costs with an iron hand and upping sales prices has
helped Danisco's ingredients division towards Q1 growth, against an
overall profit dip as a result of ongoing sugar reform.
Frutarom has announced an increase in sales in its second quarter
results issued this morning, which it says is down to reaping the
rewards of a strategy of buying smaller companies - but work is
needed to boost its profit margins.
Raisio remains determined to crack the Asian market in a bid to
turn the table on slipping sales in its ingredients arm, which fell
by some €4m in a year.
Alltracel hopes two new delivery formats for its cellulose based
bioactive substance, which is aimed at cardiovascular health, will
help it repeat a second successful financial year and bring the
product closer to the dietary supplement...
Chr Hansen has announced plans to divest its coatings and
excipients business in order to focus on core activities in
cultures, enzymes, natural colours and flavours.
Agrana has reported its first set of annual results in which its
fruit segment outstripped sugar and starch as a source of revenue,
following a refocus in the wake of EU sugar reform.
Raisio is starting to see the results of rationalisation measures
with a Q1 result that was back in the black - though work still
remains before its food division regains profitability.
DSM has reported flat sales for its Nutrition division in the first
quarter of 2007, but a new, forward looking programme is already
underway to improve profitability and place emphasis on product
differentiation.
Israeli flavours and ingredients supplier Frutarom has reported
sales growth in Q2 2006 to US$72.3m. Although profits were impacted
by price drops in natural raw materials and energy price hikes, new
acquisitions are still on the...
UK nutraceutical shell company NeutraHealth has reported a profit
from its first two acquisitions in the first quarter of 2006,
indicating that integration has been swift and that its model of
snapping established but growing companies...
Sales at Schiff Nutrition, previously known as Weider Nutrition,
fell by a fifth during the second quarter, as the firm discontinued
private label business to focus on more profitable brands.
Continual productivity improvements are behind Novozymes' solid
performance since it was floated on the stock market in 2000,
according to CEO Steen Riisgaard.
The sale of Raisio's chemicals business has had a major benefit on
the firm's first half profits but new functional food launches and
sales of the Finnish company's cholesterol-lowering ingredient also
lifted earnings...
Norwegian CLA company Natural has reported its biggest profits
since first listing five years ago, thanks to initial payments from
a major licensing deal last year, which significantly boosted first
half revenue and reduced operating...
Finland's Raisio group is preparing to build a new strategy around
health foods, it revealed yesterday, using capital from the planned
sale of its chemicals unit to fund growth in its ingredients
business.
Increasing turnover at Raisio's chemicals division has not been
enough to counter the downward trend in margarine sales and the
lack of anticipated interest in Benecol this year, but the company
just made it back into the black...
Spanish caffeine supplier Natraceutical reported a turnover of
€14.3 million for the nine months to end of September, with margins
of more than 44 per cent.
Dutch speciality chemicals company DSM continues on its steady path
to growth with the announcement today that operating profit for
2002 reached €383 million, a 14 per cent rise on 2001, thanks in
part to 6 per cent autonomous volume...
Second quarter net profits for Nutri/System, the US-based producer
and marketer of weight-loss products, grew from $189,000 to $1.3
million (€1.34m), helped by a strong rise in sales through the QVC
network.
Natural Alternatives International (NAI), the nutritional
supplements manufacturer, saw its second quarter sales rise by 28
per cent to $12.7 million (€14.6m) compared to the first quarter of
the year when sales were $9.9 million.
eDiets.com, Inc., an online diet services website, on Thursday
announced that it expects to report its first full year of
profitability for the year ending December 31
