Nutritional food manufacturer Glanbia has recorded double-digit growth for the sixth consecutive year, with earnings before interest, depreciation, tax and amortisation (EBITDA) up 10.5% to €271M (£214M) for the 52 weeks to January 2 2016.
Danone issued its fourth quarter and annual results for the year ending December 31, 2015 today, showing growth in most areas of its business worldwide.
Swedish engineering and consulting company ÅF has signed a contract with DalsSpira Mejeri for the delivery of a new dairy plant that will cover goat and cow milk production.
TINE says its first round of dairy-related product launches for the Norwegian market for 2016 respond to consumers' demands for products with less fat and sugar and more protein.
In its 2015 financial report issued today, Nestlé announced sales of $89.5bn (CHF 88.8bn), stating that this equated to 4.2% organic growth and 2.2% real internal growth.
British farmers and growers must have more information about how their businesses will be affected if Britain stays in or leaves the EU, as the country prepares to decide how it will vote on the EU referendum, the National Farmers’ Union (NFU) says.
Arla has delivered its 2015 results, noting a 3.3% decline in revenue, and announcing cost-cutting measures up to 2020, starting with $111.5m (€100m) in 2016.
Australian company Lion has announced its trading update for the year ended September 30, 2015 in conjunction with Kirin Holdings’ full year announcement.
Anchor Finely Filtered Milk, with a new microfiltration technology to extend shelf life by 40%, has been introduced in the Australian state of Victoria.
Canada’s Agropur Cooperative has announced revenue and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) increases for the 10th consecutive year.
India’s Britannia Industries Ltd, a dairy and bakery supplier, has reported consolidated third quarter revenue growth of 10%, and 12% for the year up to December 31, 2015, at $325.4m (Rs. 2,224 crores) and $939m (Rs. 6,417 crores) respectively.
US Department of Agriculture and dairy farmers announced during Super Bowl weekend that they would be providing a $35m grant to schools across the US to upgrade kitchen equipment and infrastructure.
Decreasing global dairy prices, dry conditions and high input costs are tightening margins for Australia’s dairy farmers, and reducing national milk production, according to the latest Situation and Outlook report from Dairy Australia.
Australian research has called into question international dairy guidelines for toddlers, saying that the consumption of reduced-fat dairy has no additional health benefits.
French packaging company, Synerlink, a division of the US Barry-Wehmiller company, has acquired the Spanish machine designer and manufacturer Dairy Pack.
Lactobacillus and Bifidobacterium, present in yogurt and other dairy products, are used as probiotics, or “friendly bacteria,” to maintain a healthy digestive tract.
Globalization, information and innovation will be essential components for dairy cooperatives over the next decade, industry executives said at the 2016 IDFA Dairy Forum.
The Board of Glanbia Co-operative Society Limited in Ireland has announced the creation of a 2016 member support packageworth at least $38.8m (€35.6m).
Fonterra Co-operative Group Limited has reduced its forecast Farmgate Milk Price for the 2015/16 season from $2.97 (NZ$4.60) per kgMS to $2.68 (NZ$4.15) per kgMS.
The new Dairy Research and Education facility at University College Dublin’s (UCD) Lyons Research Farm in Ireland has been officially opened by the Irish Minister for Agriculture, Food and the Marine, Simon Coveney TD.
China’s By-Health has signed a strategic cooperative partnership agreement with Fonterra, according to a statement on CNINFO, China’s stock market information website.
DSM Food Specialties has announced the successful validation of its testing tool, Delvotest T, for determining up to 27 antibiotic residues in raw cow’s milk and dairy ingredients, such as milk powders.
Food safety must be carried equally across every dairy organization, but a recent forum of dairy executives said it needs to start at the executive level.
Lion Dairy & Drinks and Coles are undertaking a recall of a number of products manufactured on Saturday 23 January 2016 at Lion’s Bentley dairy site in Western Australia as a precautionary measure.