Mexican dairy group Grupo Lala has booked a 12.5% increase in net sales for the third quarter of 2016 but reported a decline in profits.
Mexican food company Grupo Lala has appointed Alberto Arellano Garcia as its new chief financial officer.
Grupo Lala has attributed its higher second-quarter sales and earnings to the Mexican dairy group's focus on strategic priorities.
Mexican dairy food producer Grupo Lala has strengthened its operations in central America thanks to the agreement of a deal with Costa Rican company Florida Bebidas for the production, distribution and sale of its products in the country.
Grupo Lala has struck a deal to acquire the US branded assets of dairy business Laguna Dairy to expand its offering north of the border.
Grupo Lala has said that it is "enthusiastic" about its prospects in 2016 after booking higher sales and earnings in the first quarter of the year.
Grupo Lala, the Mexico-based dairy group, saw profits rise by over a quarter in 2015, helped by improved sales volumes and product mix.
Grupo Lala is expanding its business in central America through the acquisition of Nicaraguan dairy Productos Lácteos La Perfecta.
Mexican dairy giant Grupo Lala has reported a jump in nine-month profits and sales.
The results announced this week included improving sales and profits at Yakult, better earnings but lower sales at US poultry group Pilgrim's Pride and growth at Mexican dairy processor Grupo Lala.
Mexico's Grupo Lala has started production at its newly constructed dairy in San Benito, Nicaragua.
A busy week for results as the first-quarter reporting season got into full swing. We heard from global food manufacturers as far afield as Latin American and Russia, with the likes of Sigma Alimentos owner Alfa and Cherkizovo Group updating the markets. Here is just-food's weekly financial round up.
US group Borden Dairy is adding to the products it distributes locally for from Mexico's Grupo Lala.
Grupo Lala, the Mexican dairy firm, said new products, a higher proportion of value-added sales and pricing helped lift both sales and earnings in 2014.
This week, Tesco found itself in more deep water with the UK's grocery watchdog saying it suspects the UK supermarket has breached the code of practice governing dealings with suppliers. Elsewhere, Arla announced a joint venture in Australia which it hopes will multiply its business in the country significantly and Hain Celestial's CEO was upbeat about the US group's prospects.
US dairy group Borden Dairy and Mexico's Grupo Lala have teamed up to launch a line of Greek yoghurts and Greek smoothies.
Wal-Mart de Mexico CEO Scot Rank will replace long-time Grupo Lala chief executive Arquimedes Celis at the helm of the Mexican dairy company later this year.
Grupo Lala has struck a deal to acquire the assets of Nicaraguan dairy group Eskimo, a move the company said would "strengthen" and "extend" its presence in Central America.
Mexican dairy processor Grupo Lala has appointed Gabriel Fernandez as its new CFO.
Grupo Lala has seen earnings rise ahead of sales growth in the first nine months of the year, thanks to stronger margins in the first half.
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