* Portfolio management on track
(Recasts, adds CEO, analyst quotes, shares.)
ZURICH Swiss chocolate maker Lindt & Spruengli expects a slow recovery in sales from the impact of the coronavirus crisis, before they bounce back next year, the company said on Tuesday.
ZURICH Givaudan said the COVID-19 pandemic boosted demand for soap and packaged snacks, driving the fragrance and flavour maker's sales and profit in the first half and enabling it confirm its guidance.
* Company confirms 2020 guidance
(Adds CFO, analyst comment, shares)
* Swatch Group shares up 6.5%
(Adds Sellita comment, updates shares.)
ZURICH Swatch Group, the world's biggest watchmaker, reported its first ever half-year loss on Tuesday but founder and CEO Nick Hayek said he looked forward to a quick rebound from the COVID-19 pandemic.
GENEVA/ZURICH The new coronavirus pandemic raging around the globe will worsen if countries fail to adhere to strict healthcare precautions, the World Health Organization (WHO) warned on Monday. | Video
GENEVA/ZURICH The new coronavirus pandemic raging around the globe will worsen if countries fail to adhere to strict healthcare precautions, the World Health Organization (WHO) warned on Monday.
ZURICH Swiss chocolate maker Barry Callebaut raised its sales forecast for the next three years on Thursday on expectations that demand from major food companies would recover quickly even if restaurants and bakeries continued to struggle.
TEL AVIV/ZURICH Israeli start-up Redefine Meat plans to launch 3D printers to produce plant-based steaks mimicking real beef next year in a bid for a slice of the fast-growing alternative meat market. | Video