Nestlé

Barry Callebaut’s Volumes Fall On Soaring Cocoa Prices

Chocolate maker and cocoa processor Barry Callebaut reported lower sales volumes than expected for its first quarter on Wednesday.

Nestlé is launching protein shots in the US which it says helps suppress appetites for those trying to lose weight.

A top executive at Nestlé has said that the company will spend the coming months carving out its 3.3 billion Swiss franc water business.

Nestlé will boost advertising and marketing and trim costs by at least $2.8 billion by 2027 as it looks to drive growth under its new CEO.

Brands have investigated suppliers after reports that palm oil from an illegally cleared area may have ended up in their supply chains.

Hershey trimmed its annual revenue and profit forecast after missing Wall Street estimates for the third-quarter, as price hikes hurt demand.

Brazilian soybean producers said there are reasons to boycott Danone after the company said it had stopped sourcing from the country.

French food group Danone beat third-quarter sales expectations on Thursday, boosted by higher sales volumes as price hikes slowed.

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