AGP Executive Report
Last update: 4 hours agoCybersecurity: Recent attacks on European grocers have put food infrastructure in the crosshairs. More than 310 food and beverage companies have faced ransomware attacks this year, and weak remote access and outdated software leave supply chains exposed. Ingredients: Ingredion reported its 10th straight quarter of sales-volume growth, but third-quarter operating income fell 19% amid higher costs and softer demand; it lowered its full-year earnings outlook. Regional growth: Agthia’s nine-month profit nearly tripled as revenue rose 9.6% to Dh3.9 billion, despite higher logistics costs. Packaging: Ball plans a multi-line beverage-can factory in Germany, backed by customer commitments, with production ramping up from late 2028. Innovation: Kerry opened a Dubai centre to help food and beverage makers develop products tailored to regional tastes, using local expertise and AI tools. Cocoa finance: With Ghana’s cocoa sector struggling to fund bean purchases, companies are turning to commercial paper, bonds and flexible loans to fill cash gaps. Packaging rules: The EU says reusable containers already on the market can keep circulating without redesign solely to meet future labelling requirements.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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