The new owner of Peter Black Pharmaceuticals, US-based Perrigo,
reported a record second quarter this week and confirmed that it
was ready to become a leading nutritional products supplier in the
British market.
Lonza CEO Markus Gemuend said today he will step down as the group
announced profits had fallen by 59 per cent on the previous year
and a 'major setback' in performance.
Lifeway Foods, the Illinois-based producer of kefir and other
probiotic foods, has continued to lift sales and profits in the
third quarter of the year, helped by the launch of a new product
and effective marketing.
Danish probiotics maker Chr. Hansen reported flat sales in its food
ingredients division for the first six months of the year although
there was good growth in cultures.
Balchem reported a small rise in net sales, up 3 per cent, during
the first quarter of 2003, although sales in its Encapsulated
products segment dropped, owing to the current difficult economy
for the food industry.
Holland & Barrett parent company NBTY posted a 10 per cent rise
in sales for the 2003 second quarter to $278 million (€253.5m). The
firm which has been expanding retail operations in Europe said it
will continue to make acquisitions...
Reporting a 1 per cent drop in sales over 2002 and a significantly
lower net income, German fine chemicals group Degussa predicted
sales in core operations should rise to around €11.5 billion for
2003.
Choline maker and encapsulates supplier Balchem reported a strong
30 per cent increase in sales for 2002 this week, thanks to growth
in both its core units. The global company also saw a 45 per cent
increase in its net income to $7.4...
Sales at Wyeth consumer healthcare decreased 6 per cent in the 2002
fourth quarter and 3 per cent for the 2002 full year. Poor
performance of the cough and cold products was however partly
offset by sales of Centrum vitamins.
The health food and sports nutrition business of Novartis, now
called Nutrition & Santé, saw a small rise in sales for fiscal
2002. The Swiss pharma group is trying to grow the unit ahead of
its planned divestment.
Nature's Sunshine Products, the US-based manufacturer of
encapsulated herbs and vitamins, remained consistent with poor
recent performance and reported a 5 per cent drop in sales revenue
for the third quarter. The company saw...
US firm Balchem, which specialises in encapsulated products for the
health and feed industries, said it has achieved third quarter
records in both sales and net earnings, following growth in both
the ARC Specialty Products and Encapsulates...
Maker of nutritional and weight management products Usana Health
Sciences said it achieved record sales of $34.8 million (€35.5m)
for the third quarter ended 28 September 2002 , an increase of 18.6
per cent on the same period in 2001.
Leading Brands, the Canadian maker of the Trek energy drink, has
reported a revenue increase of 41 per cent for the second quarter
of its 2002 fiscal year ended 28 February 2003. Sales of the new
Trek performance drink have exceeded...
Canadian biotech company CV Technologies has reported a 30 per cent
increase in revenues for the third quarter of FY 2002, attributed
to greater volume of sales from natural health products.
Canadian company Forbes Medi -Tech yesterday reported profitable
second quarter and first half results, making significant
improvements on losses reported last year. The good news was a
result of the one-time C$6.1 million gain from...
Following news of a 12 per cent drop in net sales for Weider
Nutrition's fourth quarter, the chief executive promises new
product launches and heavy marketing support for its sports
supplements.
With an overall drop of 3 per cent in sales for this year's first
half, Degussa refutes expectations of an upturn in the second half.
Restructuring of core businesses and divesting non-core operations
will continue in a drive...
Nutraceutical company reports successful first half year,
attributing results to new product launches and returns from the
restructuring carried out in 1998.
The manufacturer of functional food ingredients derived from rice
bran reported lower revenues and net income for the second quarter
compared with the same period last year, but said sales in domestic
markets have grown.
US-based Lifeway Foods reported second quarter revenues of $3
million (€3.03), an increase of 9 per cent on the same period last
year. The success continues the strong trend seen this year by the
functional foods manufacturer.
The launch of a various supplement lines in the Mexican and
Filipino markets during April and May helped boost sales and
profits at US-based company Reliv International.
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.
US dietary supplement maker Natrol reported net sales of $17.8
million (€18m) in the second quarter to 30 June 2002, a decrease of
7.4 per cent on the same period last year.
NBTY posts strong rises in sales and profits for the third quarter
of the year, an impressive performance in a market which has been
in decline over the last six months.
An increase in revenues from $7.0 million to $7.4 million (€7.3m)
helped US company Opta Food Ingredients to post profits of $367,000
for the second quarter of fiscal 2002 compared to losses of
$312,000 in the same period a year earlier.
Nu Skin Enterprises, the US company which markets personal care
products, nutritional supplements and technology and
telecommunications products, has reported a strong double-digit
growth in sales for the second quarter of its fiscal...
Brain Garden, the subsidiary of Whole Living of the US, has
reported a further rise in sales for June 2002, the second
consecutive month of improvement after a slow start to the year.
Manufacturer of microalgae products Martek Biosciences has reported
revenues of $11.4 million (€12.2m) for the second quarter of 2002,
a three-fold increase since the same period of 2001. The results
were attributed to strong sales...
Lifeway Foods, the US functional foods maker, has announced a boost
in net income of 36 per cent for the first quarter ended 31 March
2002 to $447,558 or $.10 per share versus a net income of $328,713
or $.08 in 2001.
The RiceX Company, the US producer of nutrient-dense stabilised
rice bran, has posted a 20 per cent increase in first quarter
sales, in turn boosting profits by more than 400 per cent.
Medifast, the producer of weight loss products, has reported first
quarter sales up 33 per cent to $1.7 million (€1.87m) from $1.3
million a year earlier.
The largest US manufacturer of over-the-counter pharmaceutical and
nutritional products, Perrigo, has reported a 4 per cent increase
in net sales for the third quarter of 2002 to $198.5 million
(€221.2m).
Nature's Sunshine Products, the US herb and vitamin manufacturer,
reported a 7 per cent drop in sales for the first quarter ended 31
March 2002. Sales revenue was $75.9 million (€85.3m) compared to
$81.7 million for the same...
Sales at US-based nutritional supplement manufacturer NBTY
increased by 12 per cent in the second quarter to $252 million,
helping next profits to rise by 43 per cent to $26 million.
The continued future of Florida-based producer of weight management
products Health & Nutrition Systems has been called into
question following a substantial downturn in profits in 2001.
As the number of elderly people increases, demand for biomaterials
used in the treatment of osteoarthritis, cataracts and even
wrinkling, will rise significantly, according to a new report from
analysts Frost & Sullivan.
Hansen Natural Corporation, the US energy and natural drink
manufacturer, has reported record sales of $21.6 million (€24.6m)
for the final quarter of 2001, up 17.6 per cent on the previous
year.
The RiceX Company, a manufacturer of food ingredients from
stabilised rice bran, has reported a 64 per cent increase in
revenues for 2001 to US$6.3 million (€7.17m) compared to $3.8
million in fiscal year 2000.
Natural Alternatives International, Inc., US formulator and
manufacturer of customised nutritional supplements, reported a drop
in net revenues for the first quarter 2002.
