Danone to sell remaining stake in Japan’s Yakult
French dairy giant Danone has revealed it is to sell its remaining stake in a Japanese probiotics drink firm.
Yakult
Yakult to build another plant in China
Japanese food and beverage group Yakult is to set up another production facility in one of the company's important overseas markets.
Danone to cut stake in probiotics drink firm Yakult from 21% to 7%
French dairy giant Danone plans to reduce its 21.29% stake in Japanese probiotic drinks firm Yakult Honsha Co. to 7% as part of its continued "focus on disciplined capital allocation''.
Yakult cuts FY sales, profit forecasts
Japanese probiotics group Yakult has lowered its forecasts for annual sales and earnings after seeing its top and bottom lines worsen in the first six months of the financial year amid pressure from exchange rates.
Yakult announces fall in Q1 profits
Japanese probiotics group Yakult has reported a 28.3% fall in profits for the first quarter of its 2017 financial year amid falling sales.
Yakult plans plant in Myanmar
Yakult plans to launch a production facility on the outskirts of Myanmar's commercial capital Yangon by next year. The Japanese group has already set up a subsidiary in Myanmar, where it wants…
Yakult FY buoyed by Asia, Oceania
Yakult, the Japanese probiotics group, has reported higher annual sales and earnings, driven by growth in Asia and Oceania. Net income rose 15.1% to JPY28.84bn (US$264m) in the year to…
Yakult sales, profits grow on international expansion
Yakult has announced an increase in first-half sales and profits, helped by its businesses outside Japan. For the period to 30 September, Yakult reported an increase of 41% in net profit to…
Indonesia dairy – a challenging “dark horse”
Indonesia's dairy market has enjoyed solid expansion in the last decade. With China's economy cooling, more attention is being paid to other markets in south-east Asia, suggesting Indonesia could become…
Food industry results in brief – Yakult, Pilgrim’s Pride, Lala
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…
Danone, Yakult India JV to up capacity
The Indian venture between Danone and Yakult is expanding its production capacity of probiotic fermented milk in response to rising demand. "Indian consumers are increasingly becoming health conscious and the…
