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Confectionery giant Mondelēz reports a decrease in net revenues by 6.6% in the third quarter of 2016. The company´s CEO Irene Rosenfeld said: “Our third quarter results underscore our continued commitment to improve operational efficiency, expand margins and profitably grow volume while also investing in strategic growth initiatives for the longer term. In the face…
US chocolate confectioner Hershey reports a rise in net sales of 2.2% up to 2bn USD. The net income rose 47% to 227.4m USD. Within the period of nine month in 2016 Hershey reports net sales of 5.47bn USD, a minus of 0.1% compared to the same period in 2015.
The big four chocolate manufacturers Nestlé, Barry Callebaut, Mars and Mondelēz International cooperates with the Jacobs Foundation to support to support about 72.000 adults and 16.000 children within the next three years. The companies are spending 5 m USD for the “Transforming Education in Cocoa Communities” programme (TRECC). The Jacobs Foundation will spend another 3.8…
US-Ice cream producer Blue Bunny announced to invest 40m USD in their production plant in Ohio. Blue Bunny´s owner Well Enterprises wants to invest into two new production lines as well as an improvement of the main manufacturing site. Within this investment Blue Bunny wants to built about 80 new jobs.