Natural foods group Hain Celestial Group has reported a mixed bag
of results for fiscal 2004, announcing a healthy 17 percent
increase in sales over the year, though net income was down on
2003.
UK-based BioProgress, the manufacturer of 'dissolve in the mouth'
films, has bought two soluble film casting lines allowing it to
boost its production capacity to meet growing demand for the novel
delivery format.
After a recent acquisition, new product launches and nomination as
one of the fastest growing small companies in the US, Lifeway Foods
has ended its second quarter on a high, reporting record revenues
for its functional kefirs.
The Texas-based supplement developer Mannatech has continued its
recent run of success in its second quarter, once again reporting
greatly increased sales and income, led by an increase in pack
sales.
Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period, reports Lindsey Partos.
Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...
Leiner Health Products, a leading manufacturer of store brand
vitamins, minerals, and nutritional supplements, has seen a solid
financial performance in the first quarter of fiscal 2005 as its
new capital structure came into play.
St Louis based Reliv International, a manufacturer and marketer of
nutritional supplements, has posted positive global results for the
second fiscal quarter of 2004.
The Hawaiian based nutraceutical firm Cyanotech - which makes
natural products from microalgae - has announced a shaky start to
fiscal 2005, despite a recent return to profitability.
Utah-based supplement firm Nutraceutical International continues to
grow - reporting an increase in sales and net income for the third
quarter - though rising costs sliced off some of the profit.
Herbal and vitamins manufacturer Nature's Sunshine has continued
its recent run of success, reporting strongly improved second
quarter figures, though the US market continues to pose more of a
challenge, reports Philippa Nuttall.
Florida-based nutritional supplements company Bio-One has signed an
agreement to acquire a majority share in a Chinese herbal medicine
company in the Guangzhou Province.
Organic food company, Hain Celestial Group, has reported a drop in
net income for its third quarter following higher costs and
spending associated with the launch of CarbFit, a low-carbohydrate
product. A new five-year credit facility,...
Despite reporting a decline in revenues, Germany's third-largest
chemicalscompany Degussa said that it had 'got off to a solid
start' in the firstquarter of the year, ahead of presenting its
full results tomorrow.
Continuing an agressive acquisition programme nutritional
supplements firm Bio-One will expand further in China with a third
acquisition in the region buying a 51 per cent stake in a Chinese
herbal medicine firm in the Hebei Province...
Nu Skin Enterprises, a worldwide direct seller of nutritional
supplements, has reported a good start to 2004 with a 20 per cent
increase in first quarter revenue. Growth in its US nutrition
business, momentum in Mainland China and...
Biopharmaceutical firm Carrington Laboratories has reported a
record year in terms of revenue, thanks to sales of its
freeze-dried Manapol - a nutraceutical material claimed to help
maintain healthy cholesterol levels - up by 76 per...
United Natural Foods, a US distributor of natural and organic
products, has achieved another strong quarterly performance driven
primarily by the growth of consumer demand in independent retail
operations and the conventional mass...
Herbal and vitamins manufacturer Nature's Sunshine finished 2003 on
a high note, with a significant rise in sales and profits in the
fourth quarter, after a tough year that included the resignation of
its CEO.
The US' biggest manufacturer of supermarket brand supplements saw
net sales climb 8 per cent in the second quarter to $245.1 million
while net income, excluding a one-time income tax benefit, jumped
49 per cent to a record $25.1...
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.
Strong growth in revenues has improved working capital at
phytosterol maker Forbes Medi-Tech this year, which should help
further growth in the nutraceutical activities.
Cranberry specialist Northland posts a $4m profit in its fiscal
fourth quarter, an improvement over the prior year's net loss, and
says it market share is on the rise; it is also looking into
'strategic alternatices'...
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.
The new owner of supplement maker Rexall Sundown is already reaping
the benefits, with sales at NBTY up by 24 per cent. Other units
also posted strong growth, particularly its European retail
operations.
Utah supplement maker Nature's Sunshine Products saw sales slip in
the nine months to end of September, with poor revenue in the US
offsetting better performance in international markets.
New York firm Balchem continues to be plagued by its encapsulation
business, which experienced a third quarter of low volumes and weak
prices, offsetting better performance in the feed and specialty
products units.
Park City, Utah-based Nutraceutical International has been selected
for the second consecutive year as one of Forbes Magazine's top 200
small companies.
Slacker US sales across all sectors hit third quarter results for
US Sensient Technologies with the colour and flavours company this
week reporting a slide in operating income.
Nutraceutical ingredients supplier Health Sciences Group sees gross
profits and sales soar on the back of its latest acquisition
Quality Botanical Ingredients. The results will go some way to
carving away the company's operating...
Cholesterol-beating ingredients continue to please the market with
innovative Canadian company Forbes Medi-Tech reporting a strong set
of figures for the first six months of the year. Revenues for the
period rose 29 per cent from...
Sales at Weider Nutrition fell 14 per cent during fiscal 2003 and
the supplement maker failed to cut 2002 losses. But divestments of
non-core activities will start to make a difference next year,
claims the company.
Natural foods retailer Wild Oats Markets saw net income surge in
the second quarter, as sales at three new stores opened earlier
this year boosted revenue. No sales growth from new products and
new store formats however.
The sales decline continues for herbal and vitamin maker Nature's
Sunshine, with challenging international and domestic market
conditions still held responsible.
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
Sensient Technologies Corporation, US manufacturer of colours,
flavours and fragrances, reports boost in second quarter revenue,
up 9.3 per cent for same period last year.
Revenue reached $261.9 million (€233.6m) in the second quarter...
Cranberry juice maker Northland Cranberries today reported a large
drop in net income for the third quarter to $1.235 million,
compared to $1.9 million for the previous year's period.
US spice maker McCormick & Company saw profits in the
second-quarter climb 19 per cent, helped by solid sales growth and
interest income from a purchase-price adjustment.
The nutraceuticals unit of pharma company Zila saw a 75 per cent
increase in revenue in the third quarter, driven by sales of its
core vitamin C product Ester-C, the company reported.
Martek Biosciences has reported a 132 per cent increase in revenues
to $26.4 million for the second quarter of the year, thanks to
greater sales of nutritional products to the company's infant
formula licensees, Wyeth, Mead Johnson...
Canadian firm Forbes Medi Tech an increase of 37 per cent in
revenue for the first quarter, helped by sales of sterols from the
Phyto-Source joint venture, currently exceeding expectations.
New owner of Quality Botanical Ingredients the Health Sciences
Group reported a 300 per cent rise in revenues for the first
quarter to end of March to $4.8 million.
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.
Encouraging 2003 Q2 results for nutritional supplements
manufacturer Nutraceutical International Corporation reported
yesterday, with increases in both net sales and net income compared
to the same period in 2002.
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.
Marketer of nutritional supplements NBTY, which has boosted its
wholesale business with recent acquisitions, reported a 10 per cent
rise in sales for the second quarter to $278 million. The firm said
it is to continue with its expansion...
Salt Lake supplement manufacturer Weider Nutrition today reported
disappointing results for the third quarter of 2003, continuing the
downward trend for the past year.
