Financials & Economy

The highest-performing division was snacks, treats, and beverages, which experienced a revenue increase of 6.1%, driven by double-digit growth in products like Oros and Jungle health bars.

Continuous portfolio optimization has been made possible by the company’s responsive management, guaranteeing resilience in the face of current macroeconomic events.

Backed by World Bank financing, Benin plans to boost its cashew yields and shift more processing activities within the country.

Despite the overall decline, North Cairo Mills demonstrated resilience in the first quarter of FY 2024/2025, recording a 42.3% year-on-year increase in net profit

According to a statement from CEO Howard Friedman, Utz anticipates just a little effect from the tariffs on its operations because it sources almost all of its inputs domestically and runs all of its factories in the United States.