The Dutch brewer saw its net revenue fall by 11.9% to €19.72 billion in 2020. Operating profit for the full-year was €2.42 billion, representing an organic decrease of 35.6% as all regions witnessed declines amid the Covid-19 pandemic.
Loss in operating profit was in particular driven by performance in Europe – due to on-trade closures – Mexico, South Africa and Indonesia.
Operations in Mexico were suspended throughout most of the second quarter, while South Africa experienced a Covid-related suspension of all alcohol companies in Q2 and a ban on the sale of alcohol. Indonesia suffered from lockdown impacts throughout most of the year and the absence of international tourism in the key Bali region.
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HL Agro Assesses the Indian Sesame Market Growth, Share & Trade Prospects in 2021
Sesame seed is preferred world over for its taste, aroma, colour, crunchiness, and nutrients. Considered as one of the wonder foods of nature, sesame hosts an incredible array of nutrients including 50% fat, 23% carbohydrates, 18% protein and 12% dietary fibre. Increasingly, sesame seed usage has spread beyond bread and confectionary to a variety of food preparations as an important food ingredient.
Better Quality of Life through Better Packaging for More People
An Insider View of Chakravarthi AVPS, Global Ambassador World Packaging Organisation for FOOD MARKETING & TECHNOLOGY Magazine, India
Nutrition vs Functionality – The Indian Context for Protein Ingredients
The macromolecules critical for a balanced diet are carbohydrates, proteins, and fats. Of these, there is an excess of carbohydrate and fat consumption, while proteins remain deficient.
Unfair Image of MSG in the Eyes of Consumers
A serendipity discovery of monosodium glutamate (MSG) was led by a Japanese chemist, Kikunae Ikeda who found that dashi; a fish stock commonly used in Japanese cuisine, was high in a sodium salt of glutamic acid.
Independent Cart Technology Underpins Integrated Packaging Concept
Advanced packaging solution integrates seamlessly into modern component fabrication line thanks to innovative in-machine and between-machine transportation technology
How Bacteria Communicate? Know about Bacterial Quorum Sensing
WHAT IS QUORUM SENSING?
Grinding Innovations from well-proven Technology
The grinding of products, whose dusts are potentially explosive, places particularly high demands on the technology used and the design of a grinding plant with regard to safety, for both machines and their operators.
Shaping the Puzzle for Quality Formed Products
Formed meat products are big business. Burgers and chicken nuggets dominate the market, but tastes are changing.
Auriga Research Conducts FoSTaC Training for The Lodhi, New Delhi
Auriga Research Pvt. Ltd has conducted FoSTaC training for Advance Catering at The Lodhi in New Delhi.
COVID-19 Boosts Direct Selling of Sea Food & Drink
The COVID-19 pandemic has dealt a blow to the Southeast Asia market. According to the International Labour Organisation (ILO), an estimated 8% of working hours were lost in Southeast Asia and the Pacific in 2020 which is equivalent to 24 million full-time jobs.
GETTING TO KNOW CHEF FRANCISCO ALEJANDRI VAZQUEZ
He left behind the kitchens of some of the best hotels in Mexico and journeyed to Canada. Founder of acclaimed Toronto restaurant Agave y Aguacate (now closed, as he recently moved back to Mexico), he sat down with us to talk about his journey.
TRIED AND TESTED HOTEL: ME Cabo, Cabo San Lucas, Mexico
BEST FOR World-famous views of El Arco with a beautiful stretch of beach and oceanfront pool
Mexico's Covid Codependency
U.S. stimulus flows to Mexico in the form of remittances and increased export demand
After a Grim Limbo, Hope
A migrant camp empties as Biden undoes Trump’s “Remain in Mexico” policy
LESSONS FROM LUIS THE MONEY LAUNDERER
What drives one to cross continents the hard way? Is this what Overlanding is about? That persistent feeling that we'll never be caught if nothing can catch us? The optimist in me sure hoped that was the case. And after riding a battered old KLR650 35,000km from Canada to the southern tip of South America I'm still unsure what the purpose or motivation was. Worthwhile? Absolutely. Why? No idea.
What to Expect If You're Flying in 2021
Policies enacted by the airlines in 2020 may change air travel for the long haul.
BEACH BOD: SECURED!
La Bella Vita
Ana Leovy – Confetti in Cancún
Ana Leovy’s glass is half full, effervescent with bubbles, ready to toast the day and share the good news. Maybe on a solo stroll, maybe with friends and neighbors, the message is clear in her ripe gouache and acrylic pictures. Follow the light like a sunflower, lounge proud with purpose. A tropical storm delayed our conversation, but didn’t dampen her spirits.
Short hikes on the long PCT
Other than some extreme sports, one of the most agreed-upon measures of athletic physical endurance is hiking the Pacific Crest Trail.
Spend evenings under the stars in San Miguel de Allende.