Skip to content
Northwest Trail

Northwest Trail

  • In the European MRO industry, the influence of e-commerce has been studied Automobile
  • quantum computing
    The Future of Business: How Quantum Computing is Transforming Industries Technology
  • Playing WMV on MACOS Technology
  • mAadhaar App For iOS To Roll Out Soon Technology
  • The Orcas of Europe are destroying boat rudders News
  • Nuro Reveals Autonomous Delivery Van Automobile
  • Hubble image shows intricate and diverse galaxies News
  • Reliance Jio To Provide Additional Data Below Its Booster Offers Beginning At Rs 11 News

Salmonella recall and site shutdown affect Strauss

Posted on August 19, 2022 By admin

Salmonella recall and site shutdown affect Strauss

Strauss is affected by the salmonella outbreak because of the recent recall of chocolate and subsequent site shutdown.

The closure of an Israeli manufacturing facility following a chocolate recall due to Salmonella contamination had a devastating effect on Strauss Group’s bottom line.

A decline in sales in the confectionery division and the Sabra hummus business, both of which were only partially operational during the half-year, offset the company’s overall growth. In addition, operating earnings for the company went down.

Half-year operating profit dropped by 59.1 percent, to $62.6 million, due to the April confectionary recall and modifications at Sabra’s Virginia plant, as well as rising prices of raw materials, shipping, and energy.

The numbers are from Strauss Group’s financial statements for the first half of 2022 and the second quarter of 2022.

See also  A Quantum Simulator Using Electron Particles That Travel at Different Speeds in 1D

The company’s Nof Hagalil, Israel, confectionery production facility is getting ready to gradually begin operations. Cleaning has been done, and infrastructure investments made, to guarantee higher cleanliness and food safety.

The Israeli Ministry of Health has not yet given their approval for a restart. As a result of an examination in April, the government agency in charge of licencing plants temporarily halted the plant’s operations for three months. Attempts were being made to determine if 21 patients of varying ages were connected to the contamination.

Around 30 positives were obtained among the 300 samples. Salmonella was discovered in the liquid chocolate utilised in the manufacturing process, as well as on the production line itself.

Products sold under the Elite name were recalled in the United States, Canada, Australia, Brazil, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. These products included cakes, wafers, nibbles, rice cakes, chewing gum, and toffee sweets.

See also  Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032

Assessing Pollution: A Committee
According to Strauss Group CEO Giora Bardea, “the group’s intrinsic resilience as a diverse global organisation and its capacity to successfully contend with a hard macroeconomic climate as well as internal problems was on full display in the first half of 2022.” “The group’s results in the current half-year have been significantly impacted by two complex situations we’ve been dealing with over the past few months: the confectionary recall in Israel and the modifications at Sabra’s factory in the United States,” he said.

We are finishing a quarter with significant sales growth but a reduction in our bottom line due to the consequences of rising raw material and energy prices and events in the confectionary division and Sabra.

See also  Construction Materials Market: Trends, Analysis, and Future Outlook 2032

Strauss formed an outside panel earlier this month to investigate the Salmonella scare, weigh possible responses, and give suggestions to the company’s board of directors.

Due to the candy recall, Strauss Israel saw a decline of $30 million, or 30.8%, in sales in the fun and indulgence category, which totaled $125 million over the time.

In the first six months of 2022, the company’s market share dropped from 12.2 percent to 10.7 due of the recall.

Both revenue and profit were negatively affected by the recall in the second quarter, dropping by $53.1 million and $23.3 million respectively. The recall cost the company $64.8 million in sales and $59 million in net profits in the first half of the year.###

Business, News

Post navigation

Previous Post: Hubble image shows intricate and diverse galaxies
Next Post: The death of a vibrio sufferer has been reported by authorities in Florida.

Related Posts

  • Solid Life Insurance Advice to Help You Protect Your Family Finance
  • Fixes for a bug in iCloud synchronisation have been released by Apple Internet
  • A smart contact lens prototype with a Micro LED display News
  • Vitamins Market Trends, Growth, and Forecast To 2030 Business
  • Microbes that eat seaweed were used to create sustainable plastics News
  • Customers are dissatisfied with Sony’s PlayStation 5 update News
  • Automobile
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Internet
  • News
  • Sports
  • Technology
  • Uncategorized
  • Vacuum Belt Dryer Market Forecast: Strategic Insights and Future Trends 2032
  • Vegetable-Oil-Based Cutting Fluids Market Landscape: Trends, Innovations, and Projections 2032
  • Tooth Regeneration Market Dynamics: Key Drivers and Challenges 2024
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032
  • Offshore Wind Energy Market Size Overview 2024
  • BP and Shell’s massive earnings have re-ignited proposals for a windfall tax to combat fuel poverty Automobile
  • Comprehensive Market Research Report on Virtual Production Market 2023 Business
  • Caterpillar Feels The Pinch Of Trade War Between US And China Business
  • Construction Materials Market: Trends, Analysis, and Future Outlook 2032 Business
  • Working Methods To Promote A Dumpster Rental Business Online Business
  • Samsung Smart TVs will now include Apple iTunes. Business
  • Altimeters on airplanes that aren’t working cause a lot of problems, Wireless receivers will be regulated by the FCC Business
  • Alternative Fuel Vehicle Market Size Analysis 2024 Business

Copyright © 2025 Northwest Trail.

Powered by PressBook News WordPress theme