Greetings, and welcome to the Hain Celestial Third Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce your host, Anna Kate Heller. Thank you, Anna Kate. You may begin.
Anna Kate Heller
Investor Relations
Thank you. Good morning, and thank you for joining us on Hain Celestial s Third Quarter Fiscal Year 2021 Earnings Conference Call. On the call today are Mark Schiller, President and Chief Executive Officer; and Javier Idrovo, Executive Vice President and Chief Financial Officer. During the course of this call, management may make forward-looking statements within the meaning of the federal securities laws. These include expectations and assumptions regarding the company s future operations and financial performance, including expectations and assumptions related to the impact of the COVID-19 pandemic. These statements are based on management s current expectations and involve risks and uncertainties that could differ materially fr
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Either the emission rate modelled for the assessment is an over estimate, the report said, or “local residents have become tolerant of some odours and accept them as part and parcel of the area”.
The odour assessment report found that, based on the predicted odour impacts of the current operation on the site, “it is evident that some abatement of the odour sources is required for the area to be suitable for residential development”.
But the report also found that the smell can be reduced. The assessment concluded that if a suitable odour abatement plant and other modifications are implemented, “the facility should not result in a significant adverse effect on the proposed development” or existing residents.
Our guide to some of the in-house venture-capital funds operated by the world s major packaged-food companies. 14 Jan 2021
US food group Hain Celestial has continued its programme of divestments with the sale of a UK fresh produce business. 22 Dec 2020
Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during a year like no other. 7 Dec 2020
Investment bank Credit Suisse has considered whether a period of portfolio re-shaping is likely amongst US food groups. 12 Nov 2020
The US-based manufacturer, busy reshaping its portfolio in recent quarters, looks set for another disposal, its CEO hinted, after outlining the group s best quarter for years.
By Lyndsey Cambridge2021-01-15T11:57:00+00:00
Peanut butter, jam and other spreads are flying. But we’re not just smearing them on bread any more. So what’s behind the boom?
At last, something to toast! Britain has rediscovered the joys of jam, marmalade and other spreads. Sales are up £120.8m (21.7%) on volumes up 24.8%, making spreads one of the biggest winners of the past year [Kantar 52 w/e 29 November 2020].
Every spreads subcategory is growing; even jam, marmalade and curd, which had been struggling for years until Covid-19 came along. Breakfast has been reborn. Commuters who once ate the most important meal of the day en-route to the 6.20am to Charing Cross can now take more time over their breakfast before starting a day’s work at home.