Almarai reports Q2 revenue decline amid seasonal consumption shifts
SAUDI ARABIA – Saudi Arabia’s Almarai, the Middle East’s largest dairy farm, reported a 6%...
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Tag: Financials & Economic Updates
Fonterra adopts cautious outlook for new season amid market volatility
NEW ZEALAND – Fonterra Co-operative Group Ltd, New Zealand’s dairy giant, has adopted...
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Yili Group faces revenue decline first time in two decades
CHINA – Yili Group, one of China’s leading dairy producers, has reported a consecutive...
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Synlait’s shares drop, sale of Dairyworks cheese business postponed
NEW ZEALAND – Synlait’s reports downfall in shares on the New Zealand and Australia stock...
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Dairy farms struggle as rising costs, market volatility hit hard
GLOBAL – In recent years, the dairy industry has faced severe challenges that have pushed...
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Else Nutrition reports 27% decrease in revenue for Q1 2024
ISRAEL – Else Nutrition Holdings, a plant-based formula processor, has announced its...
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Oatly Group AB announces key decisions from 2024 Annual General Meeting
SWEDEN – Oatly Group, a global leader in oat drink manufacturing, has released the outcomes...
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Yili Group reports record-breaking revenue, profit in 2023
CHINA- Yili Group, a leading player in the dairy industry, has unveiled its impressive 2023...
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Simply Good Foods to acquire OWYN in US$280M deal
USA – The Simply Good Foods Company has finalized a deal to acquire Only What You Need...
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John Penno steps down from Synlait Board, George Adams appointed as chair
NEW ZEALAND – John Penno, co-founder and former managing director of Synlait, has resigned...
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