MeadWestvaco profits slump in Q1
MeadWestvaco has reported Q1 profits plummeted by 23% in their food and beverage segment and warned they expect Q2 earnings to be ‘lower than the second quarter last year’.
Archives for April 29, 2012
Krones takes hit on earnings but sales and orders rise, declares global recession fears fade
Krones shrugged off falling earnings and said increased sales and orders had made for a good first quarter as fears of a global recession faded in the first three months of 2012.
Export strengths tip EU food and drink industry
Europe’s food and drink industry has tipped its decade-long downward export balance; a shift defined by strong export figures underpinned by emerging market demands, according to FoodDrinkEurope.