Manufacturers

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...

Chocolate dream: A new initiative from HAPPi and Luker Chocolate aims to nurture children in sustainable cocoa practices. Pic: Luker Chocolate

Sustainability

HAPPi invests in future cocoa change-makers with Luker Chocolate

By Anthony Myers

Oat m!lk chocolate brand, HAPPi, is teaming up with Luker Chocolate to create Kids for Nature, an exciting new project that aims to protect the remarkable wildlife of Colombia by educating the next generation to become guardians of their ecosystem.

The new factory. Pic: Nestle

Nestlé opens $340m coffee factory in Mexico

By Rachel Arthur

Nestlé has opened a new Nescafé coffee factory in Veracruz: creating 1,200 new jobs and making Mexico the company’s main coffee producer globally.

Pic:getty/aleksle

Diageo invests $500m in tequila production in Mexico

By Rachel Arthur

Diageo will expand its manufacturing footprint in Mexico with an investment of more than $500m in new facilities in the State of Jalisco: supporting the company’s growth in the tequila category.

Getty Images /  Klaus Vedfelt

Four companies that are driving sustainability

By Danielle Masterson

The alarming UN climate change report was put out over a week ago, but UN Secretary General Antonio Guterres’ “code red for humanity” message still haunts many as humans continue to cause much of the extreme weather by emitting greenhouse gases.

Pic:getty/romanista

Coca-Cola reveals early learnings from Topo Chico Hard Seltzer launch

By Rachel Arthur

Coca-Cola’s Topo Chico Hard Seltzer has entered a buzzing – but also competitive – hard seltzer market. What has the company learned from its first months in the US and other markets? And with the brand representing Coca-Cola’s first global push into...

Pic:getty/ivanmollov

Conquering the challenges: AB InBev's Brazil business

By Rachel Arthur

AB InBev’s Brazilian beer business delivered strong performance in 2020, despite the challenges of the year. A combination of speedy innovation, premium brand strength and digital developments have been the key to success in the country, says the company....

Coronavirus: Pivoting in a pandemic… and is Big Food set for a comeback?

Pivoting in a pandemic… and is Big Food set for a comeback?

By Elaine Watson

Businesses across the country are adapting with lightning speed to adjust business plans, and in some cases, change their business model overnight, in order to adapt and survive as large swathes of the population go into lockdown.

Grupo Bimbo is upping the ante on its electrically powered delivery fleet. Pic: Grupo Bimbo

Grupo Bimbo goes electric in Mexico

By Gill Hyslop

The Mexican bakery giant has invested $146m into its initiative to grow its electrically powered fleet to make emissions-free deliveries in Mexico City, Guadalajara and Monterrey.

© Fazenda Futuro

Brazil's Fazenda Futuro launches plant-based sausages

By Niamh Michail

Brazilian plant-based startup Fazenda Futuro, recently valued at US$100 million, will launch vegan sausages made with a seaweed skin for crispiness next month. “We came to revolutionize this outdated, animal meat market," says its founder.

Pic: © GettyImages/MarianVejcik

NPD trend tracker: From instant Starbucks to 'great tasting' CBD

By Katy Askew

FoodNavigator's weekly round up of new products from around Europe includes the launch of instant Starbucks coffee from Nestlé, a move the company says delivers a convenient premium coffee experience. Elsewhere, health and wellness drives saw the...

Marfrig hits record-high revenue and earnings in Q4 2019

Marfrig hits record-high revenue and earnings in Q4 2019

By Asia Sherman

Marfrig Global Foods finished 2019 with record returns, posting R$14.2 billion in fourth quarter revenue, a 23.5% increase year-on-year. Adjusted EBITDA for the quarter was R$1.6 billion, up 70.2% from the same period last year.

Grupo Bimbo leads Merco ranking in Mexico

Grupo Bimbo leads Merco ranking in Mexico

By Asia Sherman

For the sixth consecutive year, baked-goods company Grupo Bimbo topped the Merco ranking of companies with the best corporate responsibility and governance practices in Mexico.