News in Numbers
$1.4bn
The impairment charge Kraft Heinz booked on its Oscar Mayer brand in its accounts for 2024, contributing to a 63% slump in annual operating profit.
30-50%
Mondelez believes chocolate could get 30-50% more expensive in the face of still-high cocoa costs.
7.3%
UK sales of organic food and drink rose 7.3% in 2024 to £3.7bn ($4.68bn), data from by The Soil Association showed.
$600m
UK private-equity firm Asset Green has partnered with Ethiopia’s government to invest $600m in dairy farming and processing initiative in the east African country.
£844m
Scottish salmon exports hit a “record” high of £844m in 2024, according to UK government data.
