News in Numbers
1bn
More than one billion people globally are now considered obese, according to a study published by the World Health Organization.
$172.6m
Loss-making Oatly booked an impairment charge of $172.6m related to a decision not to proceed with the construction of three new factories.
$300m
Hershey expects to generate $300m in “ongoing annual savings” from a restructuring plan that includes job cuts and automation.
€149m
FrieslandCampina ran up a net loss of €149m in 2023 amid what the Dutch dairy cooperative said were “challenging market conditions”.
$182.5m
US-based Utz Brands has sold two brands and a pair of factories to Our Home, the company behind Popchips snacks, for $182.5m.
