USA

The move comes as the company continues to navigate a challenging consumer environment shaped by shifting demand, inflationary pressures and a highly competitive grocery market.

The results reflect both the resilience of its core brands and the ongoing challenges facing the broader food industry.

By bringing in experienced leaders with diverse expertise, ABA aims to deepen its engagement with stakeholders while advancing policy initiatives that support innovation and sustainability in the baking industry.

The launch marks a strategic step by the company to strengthen its position in the specialty ingredients market while addressing key challenges faced by bakery and snack producers.

The agribusiness firm reported higher losses despite steady revenue growth during the period.