No fears for agribusiness giant Cargill this year, as it reports
earnings in the third quarter leaped from $151 million to $241
million this year. The privately held firm said litigation
settlements played a large role in the results.
Ingredients company Solae, the result of a joint venture by US
soybean giant Bunge and ingredients company DuPont Protein
Technologies, celebrates its official launch this week, and sets
out to reach its sales goal of $800million...
ZonePerfect Nutrition, which markets healthy convenience foods,
announced this week that its cereal bars are outselling Slim-Fast
Snack Bars at Target stores across the US.
Food ingredients giant Cargill this week reported $319 million in
earnings from continuing operations for the 2003 second quarter, a
25 per cent rise on last year's figure of $256 million. The
company's net income for the...
The US Women's Basketball Coaches Association (WBCA) has named
Accelerade, made by PacificHealth Laboratories, its official sports
drink. As part of the new partnership, PacificHealth will also
develop a nutrition education programme...
California-based nutritional supplements supplier Hauser has sold
its Shuster Laboratories division to Specialized Technology
Resources, a private company, for around $7.7 million (€7.81m) in
cash.
Nutraceutical Clinical Laboratories International said it has sold
its majority interest ownership in American Medical Specialties,
effective from 1 August 2002.
Zila, the US-based pharmaceutical and nutraceutical producer, said
it remained confident that EBITDA would grow significantly next
year after major restructuring of the business during the final
quarter of 2002.
Full-year results at US-based pharmaceutical and nutritional
product manufacturer Perrigo were helped by the addition of a
number of exceptional items, but also showed solid growth before
exceptionals.
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.
The manufacturer of Zicam Cold Remedy and Zicam Allergy Relief
announced a drop in net sales for the first quarter to $5.06
million (€5.69m), compared to $6,472 million in the same period
last year.
Reliv International returned to profitability in 2001, despite a
decline in overall sales, as restructuring measures announced a
year earlier began to take effect.
First quarter sales at US-based nutritional supplements
manufacturer NBTY rose by 29% to $215 million compared to $167
million in the same period a year earlier.