Food ingredients group Tate & Lyle posts 4% dip in quarterly revenue The group has said that revenue dipped 4% in the last three months of 2023, mainly due to softening demand. Tate & Lyle's annual profit guidance remains unchanged, although full-year sales might be slightly lower than the previous year. Read more.

Prepared fresh produce firm Greenyard sees double-digit growth in third quarter Greenyard has posted double-digit sales growth of 12.2% to €3.7bn for Q3, boosted by price increases during the period. The business has said that it is on track to reach its full-year guidance. Read more.

Danone to sell Russian operations According to reports, the French consumer goods giant is planning to sell its Russian business. Dairy company Vamin Tatarstan, owned by the businessman Mintimer Mingazov, will buy the unit for 17.7bn roubles (€180m). Read more.

Turnover up 6.4% year-on-year at German brewer Bitburger Bitburger has reported an improvement in annual turnover to €776m for 2023, driven by strong trading in its gastronomy division and sales of non-alcoholic beer. Read more.

Suntory Beverage & Food GB&I makes first foray into alcohol The maker of Lucozade is entering the UK booze market with the launch of Japanese pre-mix alcohol brand –196 in the UK. The brand was first launched by Suntory in Japan in 2005. Read more.

Kerry Group posts slight dip in full-year revenues The Irish food group has reported an 8.6% downturn in sales to €8.02bn for 2023, but posted a boost to its annual profits. The company's taste and nutrition unit outperformed the market. Read more.