Energy Costs

Belgian Beer Consumption, Exports Decline In 2023, Study Finds

Beer consumption in Belgium fell by 5.8% in 2023, while exports fell by 7.5% amid challenging economic and business conditions, according to the latest dat...

Packaging Firm Smurfit Kappa Says Worst Is Over As Volume Growth Returns

The chief executive of packaging giant Smurfit Kappa said that the worst of a year-long dip in demand for the sector appeared over after volumes increased...

Fever-Tree Sees Annual Core Profit Falling Short Of Market Expectations

British tonic maker Fever-Tree Drinks forecast annual core profit to fall short of market expectations, even as profit doubled in the second half on strong...

British Retail Sales Tumble In September

British retail sales volumes fell by a sharper than expected 0.9% in September compared with the month before, latest figures from the Office for...

Competitiveness Of European Paper Packaging Firms ‘Under Pressure’, Notes Rabobank

Higher energy costs and an increased focus on decarbonisation are affecting the competitiveness of European paper packaging producers, a new report from Ra...

French Supermarkets To Demand Food Groups Cut Prices By Up To 5%

Supermarket groups in France could demand price cuts of 2% to 5% from food manufacturers in upcoming annual negotiations, the head of retailer Les Mousquet...

Fleury Michon Reports 12.8% Increase In Sales In First Half

French agri-food business Fleury Michon has posted a 12.8% year-on-year increase in sales to €422.3 million in the first half of its financial year.

Irish Food Producers Call For Greater Energy Supports

Food Drink Ireland (FDI), which represents the Irish food and beverage sector, has called on the government to extend energy support schemes for businesses...