Diageo has reported a 4.5% decline in net sales to £6.9 billion for the first half ended 31 December 2020, as organic growth of 1.0% was more than offset by unfavourable exchange rates. Operating profit at £2.2 billion declined by 8.3%, driven by unfavourable exchange and a decline in organic operating profit.

Despite a significant impact…

Despite the global turmoil and negative foreign exchange trends, Emmi, the Swiss dairy group, generated net sales of SFr3.706 billion (€3.43 billion) and growth of 6.1 % in 2020. Organic growth was 1.9 %, confirming the robustness of Emmi’s business model, the well-balanced nature of the product and country portfolio, and the organisation’s adaptability.

The Swiss…

Unilever has announced a wide-ranging set of commitments and actions to help build a more equitable and inclusive society by raising living standards across its value chain, creating opportunities through inclusivity, and preparing people for the future of work. Unilever’s main commitments include:

• Ensuring that everyone who directly provides goods and services to the company earns at…

Coca-Cola European Partners, the world’s largest independent Coca-Cola bottler, has joined EV100, a global initiative that brings together companies committed to accelerating the transition to electric vehicles (EVs) and making electric transport the new normal by 2030. CCEP has committed to switch all of its cars and vans to electric vehicles, or ultra-low emission…

The Irish Bakery Association has warned that despite the best efforts of the industry, bread prices will soon be forced upwards because of the impacts of Brexit on ingredients costs. Only 40% of the flour used in Irish bread making is actually produced on the island of Ireland. The UK and the EU…

Nestlé has announced that its popular Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. This represents a transition of 90% of the Smarties range, as 10% was previously already packed in recyclable paper packaging. Smarties is the first global confectionery brand to switch to recyclable paper packaging, removing approximately 250 million plastic packs sold globally…

Lidl Ireland is to recruit more than 1,200 new employees to its Irish operations this year in a variety of operational and office-based roles across its store network of 168 store locations, 3 regional distribution centres and Dublin head office. The new roles are being created to support Lidl’s growing footprint of stores…