Strauss Group is continuing its recovery in Israel following a Salmonella chocolate recall and temporary plant closure in 2022.
Financial statements for the first quarter of 2023 showed 12.4 revenue growth.
Growth in gross profit and gross margin was partly because of the recall in the corresponding period last year.
Continue Reading Strauss records improved results in early 2023
Strauss Group’s confectionery division has reached a market share close to pre-recall levels, according to the company.
Financial results for the full year 2022 and the company’s annual report show the incident in Israel had a significant impact on profit.
In April 2022, positives for Salmonella were recorded on part
Continue Reading Strauss continues recovery from the Salmonella incident
A Salmonella contamination incident has continued to affect Barry Callebaut in regions including North America, based on sales figures from the company.
An issue at the Wieze factory in Belgium in June 2022 with a batch of contaminated lecithin led to production temporarily being stopped and a gradual return to normal
Continue Reading Barry Callebaut continues to see the impact of Salmonella finding
The cost of a recall and plant closure due to Salmonella contamination is to be more than initially predicated, according to Strauss Group.
The company updated the estimated damage to net profit for 2022 due to the recall and shutdown of the plant in Nof Hagalil, Israel to a range
Continue Reading Strauss estimates a greater impact of the Salmonella incident, partly because of consumer lawsuits
Strauss Group’s profit has been heavily dented by a chocolate recall because of Salmonella and the related closure of a production plant in Israel.
The company showed growth in some areas but this was offset by a decline in sales in the confectionery division and the Sabra hummus business, both
Continue Reading Strauss feels the impact of Salmonella related to chocolate recall and site shutdown
Recall costs recorded by Ter Beke relating to a subsidiary in the Netherlands involved in a Listeria outbreak were almost €8 million ($8.9 million), according to the firm’s annual report.
In the second half of 2019, Ter Beke was faced with temporary closure of the production site belonging to Offerman
Continue Reading Offerman Listeria recall cost Ter Beke almost $9 million
The confidential settlement reached on June 28 between Beef Products Inc., and Disney-owned ABC News is not entirely a secret anymore.
The Walt Disney Company’s quarterly financial filing with the Securities and Executive Commission (SEC) shows a charge of $177 million “net of committed insurance recoveries,” incurred in connection with
Continue Reading Looks like BPI got ABC’s insurance money plus $177 million
