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Financials & Economic Updates
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Lactalis revenue surpasses US$34B, profits dip due to French tax settlement
CANADA – Lactalis, a French dairy giant, has achieved a significant milestone in 2024, with revenues exceeding US$34.1 billion for the first time, marking a…
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Heritage Foods to raise dairy prices amid rising costs in India
The price hike aims to counter rising fuel and raw material expenses.
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Almarai general assembly approves US$266M dividend payout
This highlighted the company’s strong financial performance and commitment to shareholder value
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Dairygold reports modest gains despite harsh market conditions
This growth comes even as milk production dropped, reflecting a volatile global dairy market and rising operational costs.
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Amul’s revenue projected to exceed US$12B by FY26
The company aims to increase its own turnover by 14%, targeting US$9 billion by FY26
