A2 Milk Company facing stormy weather
February 25, 2015

A2 Milk Company facing stormy weather Dairy company The A2 Milk Company has recorded a profit after tax for the six months ended 31 December 2014 of $125,000, a drop of 81 per cent on the same period in the previous year. The Company attributed the drop in profits to one-off costs associated with the listing of the Company on the Australian Securities Exchange (ASX). The Company reported a income tax charge of $1.56 million for the period, which it said represented non-deductible expenses mainly... ...Read more »

Noodle Box takes on new partners, Connoisseur and Schweppes
February 23, 2015

Noodle Box takes on new partners, Connoisseur and Schweppes Australian-owned quick service restaurant business Noodle Box has announced new partnerships with gourmet ice cream brand Connoisseur and soft drink brand Schweppes. After close review throughout the end of 2014, Noodle Box has selected Connoisseur ice creams alongside the Schweppes soft drink ranges as the supporting products of choice within the 70-strong restaurant network. Noodle Box is an Australian owned franchised quick-service restaurant... ...Read more »

Fonterra expands with new plant in the Netherlands
February 18, 2015

Fonterra expands with new plant in the Netherlands New Zealand-based dairy giant Fonterra Co-operative Group Limited (Fonterra) has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands. The Company, as one of the world’s major commodity players specialising in dairy products, can now reach every market in the EU, despite having its headquarters and its own rival manufacturing facilities in New Zealand and Australia. Its European production facility sources... ...Read more »

Bega Cheese result “very positive”, despite reporting profit drop
February 18, 2015

Bega Cheese result “very positive”, despite reporting profit drop Australian dairy manufacturer Bega Cheese has announced an 8 per cent increase in revenue to $552.5 million for the first half of the 2015 financial year, despite its normalised EBITA of $31.3 million being lower than the previous year. Australian Food News reported in August 2014 that Bega Cheese had announced a record profit for the year ended 30 June 2014, saying that its balance sheet had been “significantly strengthened”... ...Read more »

Lion reports a drop in revenue in ‘highly competitive’ conditions
February 18, 2015

Lion reports a drop in revenue in ‘highly competitive’ conditions Food and beverage company Lion has reported a sale revenue decrease of 3.1 per cent to $4,990 million for the financial year ending 30 September 2014. Lion, which is a subsidiary of Japan-based food and beverage company Kirin Holdings, said a year of “subdued consumer sentiment fuelled highly competitive and deflationary market conditions” across Lion’s businesses. The Company reported that total Beer, Spirits and Wine volumes... ...Read more »

Fully renewable food carton packaging on trial in Finland
February 18, 2015

Fully renewable food carton packaging on trial in Finland Global packaging company Tetra Pak has launched new carton packaging made entirely from plant-based materials, with the first product to use the packaging available in retail shops in Finland. Finland is a world leader in forestry and paper production. Tetra Pak is a multinational food packaging and processing company of Swedish origin. Finnish dairy producer Valio has become the first company in the world to sell products to consumers in... ...Read more »

First flavoured coconut milk range launched in Australia
February 18, 2015

First flavoured coconut milk range launched in Australia Global food and beverage company FAL Food and Beverages has launched a range of coconut-based beverages in Australia. The Coco Joy Flavoured Coconut Milk range is available in Chocolate, Banana and Coffee flavours in 500mL or 250mL sizes. The flavoured milk range joins Coco Joy’s growing range of coconut products, including coconut water, flour, oil, skin care, ice desserts and an arrange of children’s beverages. Coco Joy is part of FAL... ...Read more »

Yoghurt growth opportunities fuelled by global lifestyle differences, market research
February 18, 2015

Yoghurt growth opportunities fuelled by global lifestyle differences, market research More than half (53 per cent) of consumers globally are eating more yoghurt than they used to, according to findings from a study commissioned by global health and nutrition ingredients company Royal DSM. According to DSM, yogurt preferences and eating occasions differed between countries and cultures. DSM said the findings indicated there were new and interesting opportunities for dairy companies to bring more yogurt... ...Read more »

Food Ministers take further action to prevent raw milk consumption
February 2, 2015

Food Ministers take further action to prevent raw milk consumption The Ministers who met last Friday at the Australia and New Zealand Ministerial Forum on Food Regulation have said they are “extremely concerned” about consumption of unpasteurised (raw) cow’s milk that is sold as ‘bath milk’, a cosmetic product labelled ‘not for human consumption’. The Ministerial Forum said people who consume raw milk were “at an increased risk of infection causing severe illness and potentially death”.... ...Read more »

Sara Lee launches single serve range in Australia
January 28, 2015

Sara Lee launches single serve range in Australia Dessert brand Sara Lee has launched a new range of single serve desserts in Australia. The Sara Lee Singles range includes three varieties: New York Baked Cheesecake, Raspberry and Chocolate Fudge, and Creme Brulee. Each dessert comes in a pack of four. “As Australia’s number one dessert brand, we’ve been providing mouth-watering desserts for over 40 years,” said Karen Ramsay, Sara Lee Marketing Manager. “We’re delighted to... ...Read more »

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