Food and beverage

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Ingredients

Strong ADM Nutrition growth underpins investor day strategy

ADM’s Q4 results confirm sustained growth across its Nutrition platform. Revenue growth of 19% places ADM’s Nutrition business in the top decile of the sector. Despite cost headwinds,...

Associated British Foods

Strong start to the year despite Omicron and supply chain headwind

Key takeaways from Associated British Foods’ (ABF) Q1-22 statement include the stronger-than-expected margin performance at Primark and the continued inflation headwinds across the...

Science in Sport

Pre-close statement confirms operating momentum and healthy category growth

Science in Sport (SIS)’ pre-close trading update highlights strong operating momentum and underscores the health of active nutrition category growth. Notwithstanding interminable...

THG plc

Q4 update – solid revenue out-turn; margin atrophy reflecting externalities

While top-line growth remains solid, the persistence of supply chain externalities will weigh on margin. For Nutrition, whey input costs remain elevated and require continued price...

C&C

Q4 FY22 impacted by government restrictions

C&C has announced that Q4 FY22 trading will be impacted by COVID and associated government restrictions. On-trade volumes in December, a key month for the group, were c.30% below...

Ingredients

ADM Nutrition – an emerging force in Ingredients with punchy growth targets

ADM’s recent investor day confirmed that it is a name to watch in the Ingredients space as it delineated the next phase of growth in its Nutrition division (which straddles the human,...

Associated British Foods

Fast fashion at unaffordable prices – Nike acquires digital apparel brand RTFKT Studios

The acquisition of RTFKT by Nike represents a watershed moment for the crypto and fashion industries. The acquisition collides the nascent technopunk digital collectible ecosystem with...

Associated British Foods

AGM statement points to strong trading at Primark

Associated British Foods’ (ABF) AGM trading statement strikes a constructive tone, with full-year guidance reiterated for “significant progress” in key profit measures. Trading across...

Dole plc

Strong year-to-date performance despite externalities

Despite the congealing of supply chain headwinds through Q3, strong first-half execution has prompted management to raise its full-year profit guidance. A constructive and solid...

Ingredients

Novozymes and DSM announce acquisitions; Symrise CEO contract extended to 2025

It has been a busy week for M&A deals in the ingredients sector as Novozymes and DSM have announced acquisitions. Novozymes is to advance its position in human health and functional...