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.
Baywood International, a US nutraceutical company specialising in
the development of its own brands, announced a 67 per cent increase
in revenue for the first quarter ended 31 March, up to $744,771
from $446,901 in the same period...
Food group Nestle has reiterated its interest in parts of the
functional food unit put up for sale by Novartis after a top
executive said he would like to have the Ovaltine brand in Nestle's
e Nutrition, the nutritional supplement developer and marketer, has
signed a definitive agreement to acquire all the outstanding common
stock of Torpedo Sports USA, a Canadian company which manufactures
and markets sports equipment...
Reliv International, the international manufacturer and network
marketer of nutritional supplements, has confirmed that its first
quarter sales reached $14.5 million (€15.8m) cent, a 3 per cent
increase, helped by strong network marketing...
Nutraceutical International Corporation, the dietary supplement
manufacturer, has reported a slight rise in second quarter sales
and profits. Net revenues were $27.6 million (€30m), up from $27.0
million a year earlier, while net...
First quarter profits at natural and organic food retailer Wild
Oats Markets reached $668,000 (€729,332) on sales of $233.0
million, up 6.2 per cent compared to the previous year. In the
first quarter of 2001, the company posted losses...
A 28 per cent drop in first quarter net profits has prompted Dutch
nutritional foods and vitamins producer Numico to warn that full
year results for 2002 will not reach the same levels as 2001,
surprising most analysts who had predicted...
The controversial debate surrounding the supposed health benefits
of organic food took a new twist last week with the publication of
a comprehensive review of international studies in New Zealand. The
report found that there were...