Agthia Group sees net sales grow 17% to AED 559m for the first six months of 2011, with water and beverage division sales climbing 26% to AED 155m.
Lonza delivered a ‘solid’ business performance in the first half of 2011, with increased Ebit and revenue at constant exchange rate. Sales of CHF 1,193m up by 4.8% at constant exchange rate (-8.3% in reporting currency).
Bemis Company has reported its 2011 second quarter results: Net sales increased by 8% to a record $1.4bn, diluted earnings per share was $0.51, in line with management’s second quarter 2011 guidance of $0.48 to $0.54 per share.
McDonald’s reported the following highlights for the quarter: Global comparable sales increased 5.6%, with the US up 4.5%, Europe up 5.9% and Asia/Pacific, Middle East and Africa up 5.2%. Consolidated operating income increased 19% (11% in constant currencies). Diluted earnings per share of $1.35, up 19% (11% in constant currencies). Returned $1.4bn to shareholders through share repurchases and dividends.
The Coca-Cola Company reports strong second quarter and year-to-date 2011 operating results, meeting or exceeding long-term growth targets and gaining volume and value share in total NARTD beverages. Reported worldwide volume grew 6% in both the quarter and year-to-date. Excluding new cross-licensed brands in North America, primarily Dr Pepper brands, worldwide volume grew 5% in the quarter and year-to-date. The company achieved broad-based volume growth in the quarter across each of its five geographic operating groups, with growth of 7% in Eurasia and Africa, 7% in Pacific, 6% in Latin America, 5% in Europe and 4% in North America. Excluding new cross-licensed brands, North America volume was even in the quarter and grew 1% year-to-date. Read more here.
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €10.3bn in the first half of 2011, an increase of 13%. Organic revenue growth was 15%.
Dairy firm Vinamilk reports a 19.4% rise in H1 2011 net profit to US$101.85m.
Naturex posts a 14.1% increase in H1 2011 revenue to €127.9m, with Food & Beverage division sales up 17.6% to €78.4m.
The Hershey Company has announced sales and earnings for the second quarter ended 3 July 2011. Consolidated net sales were $1,325,171,000 compared with $1,233,242,000 for the second quarter of 2010. Reported net income for the second quarter of 2011 was $130,019,000 or $0.56 per share-diluted, compared with $46,723,000 or $0.20 per share-diluted for the comparable period of 2010.
Green Mountain Coffee Roasters net sales for the third quarter of fiscal 2011 increased 127% to $717.2m as compared to $316.6m for the third quarter of fiscal 2010. Under Generally Accepted Accounting Principles, net income for the third quarter of fiscal 2011 totalled $56.3m, or $0.37 per diluted share, representing an increase of 206% as compared to GAAP net income of $18.4m, or $0.13 per diluted share, for the third quarter of fiscal 2010.
© FoodBev Media Ltd 2020
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Early bird deadline 11 June – enter now!