Financials & Economic Updates
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Unilever ups underlaying sales in Q3 by 10.6%, Hindustan Unilever contributes majority growth
UK – Multinational consumer goods company, Unilever has raised its sales guidance for the full year after reporting underlying sales growth accelerated to 10.6% in…
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Nestlé reports 9.2% revenue rise in Q3 results, advances inflation costs to customers through price increase
SWITZERLAND – Nestlé has delivered strong organic growth in the nine months of sales after successfully passing on price increases to customers to reflect inflation.…
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Dairibord Holdings reports triple-digit profit growth driven by high sales volumes
ZIMBABWE – In the six months to June 30, 2022, Dairibord Holdings, Zimbabwe’s leading manufacturer and marketer of food, dairy and beverage products, returned to…
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Fonterra reports 11% revenue growth in full year 2022, records highest payout to farmers
NEW ZEALAND – Multinational dairy cooperative Fonterra has reported an 11% growth in group revenue, to NZD23.4bn (US$13.53bn), for the 2022 financial year, and a…
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Yili reports new heights of 12.31% rise in H1 revenue, the fastest growth rate in dairy industry
CHINA – Chinese dairy giant Yili Group has achieved the fastest growth rate in the dairy industry after it posted a 58.25% rise in the…
