Today's headlines

  • New Zealand dairy group Fonterra reports fiscal FY 2016/17 revenue of NZ$19.2bn (US$15.52bn) - up 12% - with net profit 11% lower at NZ$745m (US$542.4m)
  • Nestlé increases its operating profit margin target to as much as 18.5% and confirms a ‘mid-single digit organic growth target’ - both to be implemented by 2020
  • In the UK, Cargill agrees to establish a joint venture with Faccenda Foods that brings together their businesses in chicken, turkey and duck
  • In New Zealand, milk processing company Synlait Milk is to set up a new R&D centre in Palmerston North after posting an increase in fiscal FY revenue
  • In the US, General Mills relaunches a 'classic' version of its Trix breakfast cereal after consumers complained that a new recipe, available since January, was not colourful enough
  • World history of tea - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

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Zenith is a leading international consultancy that advises the food and drinks industry on business and technical issues ranging from international business strategy to factory design. We work with over 1,000 clients, many long-term, in more than 50 countries.

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Our market research, expert analysis and information services are used by thousands of food and drinks companies to support their forecasting, business strategy, product development and market planning. No-one offers more accurate or up to date intelligence.

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We organise well-attended conferences and seminars for senior figures throughout the food and drinks industry. Held internationally, these events combine excellent networking opportunities with sessions run by renowned opinion leaders on market trends, innovations and current issues.

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Zenith Global Ltd
7 Kingsmead Square
Bath
BA1 2AB
United Kingdom
UK tel: +44 (0) 1225 327900
US tel: +1 (646) 512-5861

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