Petra Foods
Petra Foods hit by Indonesia weakness
Singapore-based chocolate group Petra Foods blamed lower third-quarter sales and earnings on weak consumer sentiment in Indonesia, the drag presented…
Indonesia – The sweet and sour of the confectionery market
Indonesia's confectionery sector is predicted to grow in a big way. By 2018 it is forecast to be worth US$2.6bn…
Food industry news of the week – Nomad Foods, Kellogg, Hershey
Acquisitive Nomad Foods, which has snapped up one frozen food business in Europe and is set to buy another, this…
Food industry quotes of the week – Emmi, Petra Foods, Iran
This week, Emmi reported a rise in first half profits on the back of stronger margins while Petra Foods' profits suffered as…
Petra Foods blames Indonesia slowdown for profit drop
Constant-currency profits down 34% Indonesia accounts for 70% of sales Petra Foods, the Singapore-based confectioner, has pointed to the slowdown…