Herbalife reported record earnings in its second quarter, and announced an earlier-than-expected implementation of its deal with FTC which better categorizes sales to end users.
Mannatech, a Texas-based network marketing company selling dietary supplements, is becoming part of the trend in the direct selling industry where most of the growth is occurring in Asia.
Herbalife seems to have put the specter of activist investor Bill Ackman behind it. But emerging out of a mixed earnings report is another cloud for the company: slowing sales in North America, a phenomenon that has afflicted other network marketing...
Usana Health Sciences posted strong fourth quarter results dampened somewhat by a discounting program undertaken to boost sales, the company announced this week. The company continued to show the fastest sales increases in China, while results in North...
Canadian krill oil firm Neptune Technologies & Bioressources posted a modest rise in revenues in the first quarter of 2012 but said its bottom line had suffered owing to changes in exchange rates, a switch to International Financial Reporting Standards...
Krill player Neptune Technologies & Bioressources has reported a 32 percent increase in revenues for the full year 2011, but a weak US dollar has impacted the final quarter.
DSM has turned in a healthy third quarter, with its nutrition division seemingly unaffected by the financial meltdown and demonstrating “sustained strong profitability”.
The falling dollar is likely to cause a shift in strategy for US
food manufacturers as they feel both the pinch and the benefit -
depending on how global their operations are and from where they
source ingredients.
Lonza, the maker of L-carnitine and B vitamins, said today that
profits for 2004 climbed by more than half, coming in at the low
end of analysts' forecasts.
Ongoing growth in cultures sales to the dairy industry and health
markets helped the Danish ingredients firm Chr Hansen post a modest
rise in revenue for the food ingredients division in the first six
months. Organic growth for the...
Ongoing growth in cultures sales to the dairy industry and health
markets helped the Danish ingredients firm Chr Hansen post a modest
rise in revenue for the food ingredients division in the first six
months. Organic growth for the...
Strong growth in cultures and human health products partly driven
by developments in the dairy industry, as well as rises for colours
and flavours, helped first quarter ingredients sales at Danish firm
Chr Hansen.
Operation Phoenix, the restructuring programme introduced earlier
this year by Dutch wellness foods group Wessanen, is already
bearing fruit, with the company last week announcing
better-than-expected third quarter figures. But the...
Pricing pressure hits another ingredients company as leading
Australian yeast supplier Burns Philp sees low margins cutting into
profit for the quarter.
Against a current tough market backdrop for ingredients, Danish
company Chr Hansen is facing up to the challenge, with the dairy
culture specialists this week lifting previous profit forecasts for
the year by €4 million on the back...
New flavour wins in Latin America went some way to offsetting
weaker customer demand acutely felt in the US, but top line
performance for the third quarter was largely disappointing and the
outlook remains bearish.
Danish enzymes company Novozymes continues on a high this year,
despite a slight fall in food enzyme sales for the quarter,
resulting in an overall boost to 13 per cent for its forecast for
net profit increase for the full year.
Dutch retailer Ahold has said that consolidated sales for the
second quarter of €13.0 billion for its global sales represented a
decline of 12.4 per cent compared to the €14.8 billion generated in
the second quarter 2002. Analysts...
By all accounts DSM presented a less than rosy set of second
quarterly figures this week with sales and operating profit figures
both plummeting. The company predicts a further downward trend in
the third quarter but should rebound...
French plant extracts firm Naturex reported turnover of €14.1
million for the first quarter of 2003, growing 4.4 per cent when
measured at constant exchange rates.
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...
Despite an increase in sales UK flavour and fragrance company
Treatt described trading for the six months to 31 March 2003 as
'challenging' this week, with profit before tax falling by
24 per cent to £955,000 (€1.3m) compared...
The global economic downturn marked 2003 first quarter results for
Dutch life science company DSM, but strong autonomous volume growth
boosted figures to higher than 2002.
US flavours and fragrance giant International Flavors &
Fragrances saw fourth quarter 2002 sales rise 5 per cent to $424.3
million (€391m) from $405.6 million for the same period in 2001,
despite weak economic conditions in Latin...
Bunge, set to become the world's top soybean processor with the
acquisition of French rival Cereol, said on Monday that it expected
third-quarter earnings to rise at least 40 per cent over a year
ago, fuelled by the currency...
Dutch life science company DSM this week posted a net profit of
€959 million. DSM Food Specialties and DSM Bakery Ingredients
posted improved operating profits on the same period last year.
Second quarter results at Merck, the German pharmaceutical group,
were impacted by competition from generic versions of its
top-selling product, the anti-diabetes drug Glucophage.
First quarter sales at pharmaceutical giant Roche were up 5 per
cent in Swiss franc terms to SFr7.4 billion (€5m), with good
performances from the group's other divisions more than offsetting
a decline at the vitamins arm.
The U.S. ethical nutrition market is divided into four very
distinct categories: the infant formula market, adult enteral
formula, parenteral formula and ethical nutrition supplies and
equipment markets.
