Historical Tracking of Agricultural Food Production: a Continuous Record Throughout the Ages
Cashing in While Others Struggle: Your Guide to Booming Agriculture and Food Stocks
Here's a fascinating twist in the economic rollercoaster: while tech giants battle the harsh winds, agriculture and food companies are thriving. One shining example is Unilever, the powerhouse behind popular brands like Dove, Rexona, and Langnese. They've decided to aim higher, upping their sales forecast for the current year from an initial 4.5% to a whopping 8% increase.
But they're not the only ones celebrating success. Baywa, an agricultural conglomerate with strengths in renewable energies and agricultural commodity trading, has also revised its full-year earnings (EBIT) forecast.
However, even these stars can't entirely avoid the challenges. Irish food producer Kerry Group, despite reporting a solid third-quarter sales growth, felt the pinch from rising costs, which affected their EBITDA margin.
What sets these companies apart is their resilience to crises. Boy, do they need it – Germany recently reported an inflation rate of 10.4%. Yet, they can still thrive because people keep buying basic necessities, allowing them to pass on higher prices. This strategy paid off for Nestlé, the world's largest consumer goods company, who saw 7.5% of their 8.5% growth come from price increases.
Enter the Euro and Börse Online Agriculture & Food Index – a diverse and global investment approach, pumped up with 20 promising stocks in the agriculture and food sector. The stocks' weightings have been shuffled, with Norwegian salmon farmer Mowi losing a bit of shine due to a potential resource tax in its home country.
Let's not forget the fine print: Börsenmedien AG has developed this index and holds the rights to it. They've teamed up with the issuer of the securities for a tasty remuneration deal.
If you're looking for more information about similar indices, do some digging. Check out Solactive Indices for potential collaborations or dig into platforms like Trading Economics and Marketscreener for sector-specific indices. Explore the Power Shares DB Commodity Index for broader commodities, and if you don't find what you're looking for, reach out directly to Börse Online or index providers like STOXX. Happy index hunting!
Unilever, an Irish-based multinational, has set ambitions in finance, updating their sales targets from a projected 4.5% increase to a notable 8% growth. In a similar vein, Baywa, a renewable energy and agricultural conglomerate, has also revised its finance targets, with a new full-year earnings forecast. The Euro and Börse Online Agriculture & Food Index, consisting of 20 global stocks in the agriculture and food sector, is a notable investment opportunity, though potential investors should be mindful of the index's fine print, as Börsenmedien AG holds the rights to it.
