Moves by Nestle SA, Renault SA and Philip Morris International Inc. to scale back their Russian businesses have left a dwindling handful of holdouts resisting the corporate exodus.
Barry Callebaut Exec Named CEO of Danone powderbulksolids.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from powderbulksolids.com Daily Mail and Mail on Sunday newspapers.
Provided by Dow Jones By Olivia Bugault Danone SA said Tuesday that first-quarter sales fell, dragged by the coronavirus pandemic that is still affecting its activities, while confirming its guidance for the full year. The French food company reported sales of 5.66 billion euros ($6.81 billion) compared with EUR6.24 billion for the previous year period. Sales dropped 9.4% on a reported basis and 3.3% on a like-for-like basis. An analysts consensus provided by Danone had sales at EUR5.59 billion. We continue to expect a return to like-for-like sales growth in the second quarter, and to profitable growth in the second half of 2021, Danone s interim co-Chief Executives Veronique Penchienati-Bosetta and Shane Grant said.
Industry Movers: DSM, Chime, Danone & Evolva April 2021 and the COVID-19 saga continues to rumble on with news of an impending third wave throughout Europe. Despite plans to restrict movement, the rules don’t appear to have affected recruitment as NutraIngredients rounds up March’s movers and shakers.
DSM has announced the retirement of Rob Routs as Chairman and member of the Board on 6 May 2021 as Thomas Leysen steps into the coveted role, held by routs for ten years.
The Board also has news of its own nominating Corien Wortmann-Kool to join as a new Supervisory Board member.
“I am proud that DSM is now well-positioned to capitalise on its long-term strategy, to use its science-based capabilities to create a positive impact and to deliver value for all stakeholders,” said Routs.