NEWS


Nestlé reports growth in confectionery and ice cream sales


Despite ongoing global supply chain challenges and with a greater focus on digitalisation, Nestlé reported that organic growth was 7.5%, with RIG of 5.5%. Pricing increased to 2.0%, reaching 3.1% in the fourth quarter, to offset significant cost inflation. Growth was broad-based across most geographies and


categories. Organic growth reached 7.2% in developed markets, the highest level in more than a decade, based mostly on RIG with positive pricing. Organic growth in emerging markets was 7.8%, with robust RIG and positive pricing. By product category, the largest contributor to organic


growth was coffee, however sales in vegetarian and plant- based food also grew at a double-digit rate, reaching around CHF 800 million. Nestlé Health Science recorded double-digit growth, reflecting strong demand for vitamins, minerals and supplements, as well as healthy-ageing products. Dairy saw mid single-digit growth, based on strong demand for premium and fortified milks, coffee creamers and ice cream. Sales in confectionery grew at a high single-digit rate, supported by a strong sales development for KitKat and gifting products.


RIHAM launches its first range of confectionery products


Under the brand RIHAM, Hariss International has unleashed its first line of confectionery products. “This exciting addition stands at the heart of our mission to provide a range of value- added convenient food and beverages to our customers at competitive prices through product development and modernisation,” a spokesperson said. The new product line comprises Lollipops; Fruit drops, refreshing breath mints, gums, and hard-boiled sweets. These come in various flavours such as Chocolate, Strawberry, Lemon, Ginger, Watermelon, Passion, Caramello, and more. All the RIHAM sweets brands are certified by UNBS and


have been pivoted from being adventure-themed to creating moments of excitement and sweetness. They


added: “The possibilities are limitless in our


continuous efforts to grow the RIHAM brand. And we hope to unleash more sweet brands before the end of 2022.”


UK Food & Drink show boasts innovation, networking and insight


Andrew Reed, Managing


Director – Wine & Exhibitions,


William Reed


said: “The UK Food & Drink Shows are set to return to the NEC, Birmingham in April 2022 (25 – 27) bringing the very best from across key industries back


together


Mark Schneider, Nestlé CEO, commented: “In 2021, we remained focused on executing our long-term strategy and stepping up growth investments, while at the same time navigating global supply


for an unrivalled three days of trends, innovation, networking and insight. “Food & Drink


chain challenges. Our organic


growth was strong, with broad-based market share gains, following disciplined execution, rapid innovation and increased digitalisation. We limited the impact of exceptional cost inflation through diligent cost management and responsible pricing. Our robust underlying earnings per share growth shows the resilience of our value creation model. The entire Nestlé team demonstrated exemplary perseverance and agility in a challenging environment.”


12 Kennedy’s Confection March 2022 Expo,


National Convenience Show, Farm Shop & Deli Show and The Forecourt Show will be held in unison, offering 2022’s most comprehensive opportunity to experience the latest


developments across


multiple sectors. “A bustling show floor made


up of hundreds of innovative exhibitors, business boosting live seminars, and awards – including the brand-new Farm Shop & Deli Product Awards


and confectionery launches, secure prestigious


Retailer Awards – will shape the three-day trade show.” “Visitors


looking year’s latest, a for


will get the inside track on this


inspiration greatest


chance to see, and


alongside the sample track


fast


to profitability. World of Sweets,


Epicurium, Equi’s


Ice Cream and Cocoba Chocolate are just a handful of the innovative exhibitors preparing for the shows alongside many others.”


KennedysConfection.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52