Israel's Strauss Group is a food and beverage maker with interests in sectors from coffee and chocolate to dairy and dips. Coffee accounts for over half of Strauss's sales but the company has aspirations to grow its food business. Hannah Abdulla met Strauss CFO Shahar Florence to find out more.
just-food's interviews with senior executives in the international food sector provide exclusive insight into how the leading lights in the industry deal with the challenges and embrace the opportunities in front of them. This year, the most-read interviews on just-food included one-on-ones with companies from General Mills and Heinz to Russian retail giant Magnit to the UK government minister responsible for food policy.
Israeli food-to-coffee manufacturer Strauss Group booked an increase in sales and earnings for 2016.
Israel-based food and beverage company Strauss Group today (22 November) reported higher sales and earnings in the first nine months of 2016, with top-line growth at home and abroad.
Sabra Dipping Company, the US-based joint venture between PepsiCo and Israel's Strauss Group, has expanded its line of dips and spreads with the launch of Sabra Guacamole Grab N' Go.
Israel-based food and beverage company Strauss Group saw sales and earnings rise in the first half of the year, enjoying growth from its domestic business and from Sabra, its US-focused venture with PepsiCo.
Sabra Dipping Company, the US-based joint venture between PepsiCo and Israel's Strauss Group, is launching a line of refrigerated sandwich spreads, Sabra Spreads.
Strauss Group offset the negative impact of currency exchange on sales to grow earnings in the first quarter.
Israeli food maker Strauss Group said today (21 February) that it remains focused on its "global growth strategy" as it booked a drop in earnings for 2015.
Israeli food company Strauss Group booked lower earnings for the first nine months of the year on the back of a decline in sales.
The American Halal Co. has announced the appointment of Sabra Dipping Co. finance executive, Haroon Jafree, as its chief operating officer and senior VP of corporate development.
Israel's Strauss Group has pointed to "macroeconomic events" in several of its businesses and markets that led to a fall in sales and profits for the first half of the year.
US poultry group Sanderson Farms posted higher half-year sales and profits, although there was some concern on Wall Street about the near-term outlook for the business. Barilla announced its results for 2014, which included an increase in revenue and earnings.
Strauss Group booked mixed full-year numbers today (23 March), as lower finance costs offset lower operating profit.
Israel-based Strauss Group - joint owner of US hummus manufacturer Sabra Dipping Co. alongside PepsiCo - believes the US market for fresh dips will almost double by 2020.
Last week, just-food was live at the Consumer Analyst Group Europe conference, where some of the largest industry names including Nestle, Strauss and Danone provided business updates. Elsewhere, Mars confirmed plans to invest in a Snickers production plant in India. Rumours were also rife General Mills was looking to offload its Green Giant business. Here is the week in quotes.
Strauss Group booked higher sales and operating profit during the third quarter after a challenging first half.
Sabra Dipping Co., the venture between PepsiCo and Israel's Strauss Group, is set to double production capacity at its hummus making facility in Virginia to meet "growing consumer interest" in fresh dips and spreads.
Israeli food manufacturer Strauss Group has settled a legal dispute with local Cadbury distributor Carmit Candy.
Strauss Group has reported a drop in its first-half profits despite posting a strong increase in sales of its international dips and spreads business.
Strauss Group booked a near-5% increase in organic sales but currency exchange and an increased investment in product support held back the group's result.
Sabra Dipping Co., the venture between PepsiCo and Israel's Strauss Group, has filed a petition in the US to establish standards for hummus.
Israel-based food and beverage maker Strauss Group today (26 March) reported a jump in annual profits.
Shares in Israeli coffee-to-houmous manufacturer Strauss Group climbed today (26 November) despite lower reported earnings as underlying profits increased.
Higher profits from coffee and from its international dips and spreads operations have boosted half-year earnings at Israel-based firm Strauss Group.
Israeli food-to-coffee company Strauss Group has booked an increase in first-quarter profits, despite lower sales.
Sabra Dipping Co., the dips venture run by PepsiCo and Israeli food group Strauss, has opened an R&D centre in Chesterfield, Virginia.
Israeli food maker Strauss Group has booked an increase in full-year earnings, boosted by organic sales growth.
Israeli food maker Strauss Group has booked an increase in third-quarter profit thanks to strong growth from its Sabra dips and international coffee divisions.
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