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Financials & Economic Updates
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Nestlé reports Q1 2025 sales growth of 2.8% despite price hikes
The growth was driven by a combination of price increases and modest volume gains
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Danone reports robust Q1 2025 sales growth driven by global demand
The company attributed its success to a balanced contribution from volume growth of 1.9% and price increases of 2.4%.
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FDA suspends milk quality testing amid budget cuts raising safety concerns
The suspension affects the FDA’s Proficiency Testing Program for Grade “A” raw milk and finished dairy products
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Saudia Dairy and Foodstuff Company posts strong sales, profit growth in 2024
Net profits increased by 18.5% to US$75.2 million, up from US$63.5 million in 2023, while sales rose 7.8% to US$672.4 million.
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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…
