Food Industry News: Aug 24 - Australia (5 stories)

Monday, 24 Aug 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Mon 24th August 2026

Ulker Biskuvi's shares surged over 5.5% following a strong Q2 earnings report, despite mixed results overall. This performance highlights investor confidence in the brand's resilience and growth potential. Meanwhile, Emmi has raised its H1 sales outlook, driven by broad-based volume growth and improved margins, signaling a robust demand for dairy products. In another notable development, Patanjali Foods reported record Q1 2026 revenues, showcasing its expanding market presence. Additionally, Magnum Ice Cream announced a €90 million share buyback, reflecting its commitment to enhancing shareholder value.

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