Parmalat: latest retail news and insights | ESM Magazine

Full Year Net Revenue Down At Dairy Giant Parmalat

Italian dairy firm Parmalat has posted a 6.9% decrease in net revenue in full-year 2018, to €6.23 billion, while EBITDA was down 11.5% to €401.3...

Kraft To Sell Canadian Natural Cheese Operations To Parmalat

Kraft Heinz Co is to sell its Canadian natural cheese business to Italian dairy group Parmalat SpA in a deal valued at C$1.62 billion as the US food giant...

Parmalat Posts Net Profit Growth In H1, Despite Revenue Declines

Dairy giant Parmalat has closed the first half of 2018 with a net profit of €39.9 million, up 30.4% compared to a year ago. Net revenue, however, f...

Parmalat Group Sees Volumes Stable In Q1, Despite Venezuela Challenges

Italian dairy giant Parmalat has posted a 1.3% increase in sales volumes in the first quarter of the year, excluding acquisitions and the business' assets...

Merger And Acquisition Activity In Italy's Food Sector Hits New Heights

The year 2017 was a record one for mergers and acquisitions in the Italian Retail & Consumer sector, with a total of 178 transactions taking place,...

Citigroup Wins Dismissal Of $2.2 Billion Claim By Parmalat, Dairy Group To Launch Appeal

Citigroup Inc. has said an Italian court rejected a 1.8 billion-euro ($2.2 billion) civil claim filed by Parmalat SpA against the bank over the food compan...

Parmalat Sees Decline In Volume Sales As Milk Prices Rise

Italian dairy and food manufacturer Parmalat has posted net revenue of €4.839 billion in the first nine months of the year, representing growth of 5.5...