French cheese manufacturer Groupe Bel saw sales grow in the first nine months of the year but warned input costs are expected to weigh on profits.
This week, PepsiCo and Mondelez International announced the launch of new facilities in the Middle East. Elsewhere, Nestle formed a new business unit in a bid to leverage its scale. just-food's Dean Best interviewed Chobani Australia MD Peter Meek who said the yoghurt firm's ambitions in the country and in south-east Asia. We also shone the spotlight on the Indian dairy sector in our monthly management briefing. Here is the week in quotes.
Bel, the French cheese manufacturer, today (3 October) formally opened its third plant in the US.
Rising dairy prices have weighed on profits at Babybel and The Laughing Cow cheese maker Groupe Bel.
Groupe Bel, the French cheese maker behind The Laughing Cow and Babybel, has reported a 3.5% rise in first-quarter sales, helped by growth in western Europe and the Middle East.
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