Financial Report

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Grupo Nutresa grows 8.9% in third quarter

By Asia Sherman

Colombia’s Grupo Nutresa posted an 8.9% increase in third-quarter consolidated sales, totaling COP 7.2 trillion (US$ 2.2 billion) with a profit margin of 13.8%.

Grupo Lala has been setting its sights on more premium products, like Promised Land's high-protein and high-calcium milk.

Grupo Lala’s Q2 shows growth in US premium products

By Beth Newhart

Mexican dairy producer Grupo Lala's 2019 second quarter sales netted 14,467m pesos ($758m) in Mexico, a 3.9% increase from Q2 2018. The company cited “innovation and an improved mix” of its ‘value-added dairy’ offerings as reason for the jump.

Spotlight

Colombia's cocoa sector already embraces sustainable practices, such as agroforestry. Pic: CN Innovators needed to transform Colombia’s cocoa sector Nestlé was finally given approval earlier this year to buy popular Brazilian confectionery brand Garoto. Pic: Garoto Nestlé boosts Brazil confectionery production with major investments The CocoaAction Brasil programme is beginning to bear fruit for the country. Pic: WCF CocoaAction Brasil notches up success in developing the country’s cocoa sector Approximately 95% of Colombia’s cacao exports are classed as ‘Fine Flavour’ by the International Cacao Organisation. Pic: FEDECACAO With cocoa output in Colombia rising, farmers look for signs of economic progress as well as recognition NotCo has raised $350m to date and has a valuation of $1.5bn. Picture: NotCo/Businesswire 'We are actively looking at all major animal-protein categories...' NotCo raises $235m in series D to expand its global plant-based meat, dairy empire ©Getty Images - Romona Robbins Photography Benexia launches encapsulated oil as latest move in quest to derive added value from chia seeds