Cargill reports 14 percent rise in profits, mixed results for Food Ingredients & Applications
date:Apr 01, 2019
es and sweeteners earnings declined on historically low ethanol prices in North America and higher energy and raw material costs in Europe. Lower sales volume and higher operating costs in North America trimmed otherwise strong cocoa and chocolate performance in other regions. Edible oils pulled ahead of last year on good positioning and operating efficiencies.

Earlier this month, Cargill announced its acquisition of Smet, a Belgium-based supplier of chocolate and chocolate decorations. The pu
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