Navigation Links
Fiberstar Posts Strong Second Quarter Operating Results on Continued Rising International Demand
Date:7/12/2011

RIVER FALLS, Wis., July 12, 2011 /PRNewswire/ -- Fiberstar, Inc., a global leader in creating innovative bio-ingredients from plant cell wall materials, today reported strong second quarter results on continued rising international demand for its all-natural Citri-Fi® and Imulsi-Fi™ functional ingredients.

"Fiberstar's second quarter performance benefited from a 51 percent increase in international sales, improvements in productivity, and a 10 percent price increase implemented to offset rising energy and manufacturing costs," said Fiberstar's President & CEO, Dale Lindquist.  

Fiberstar, a private company, keeps its actual revenues and earnings confidential, but discloses comparative financial data.

Second quarter revenue was up 34 percent and profit was up 126 percent over last year. YTD revenue was up 36 percent and profit was up 52 percent.

The Company's compound annual growth rates for the three year period ending June 30, 2011, was 29 percent for revenue and 57 percent for profit.

International sales account for 79 percent of revenues. Revenues by region were: Latin America 29 percent, Europe 27 percent, Asia Pacific 23 percent, and North America 21 percent.

"The growing global demand for Fiberstar's products can be attributed to the significant value proposition we offer food manufacturers to improve the textural quality, nutrition, label declaration and cost of the products they manufacture," said Fiberstar's Director of Sales and Marketing, Nick Kovalenko.

For example, Citri-Fi reduces the cost and caloric content of a wide variety of food products through superior moisture management (more uniform moisture distribution and higher yields) and by partial replacement of higher priced ingredients such as dairy fat, vegetable oil, eggs and meat.

"Our customers regularly replace 25 percent to 50 percent of vegetable or animal fat, 15 percent to 25 percent of eggs and up to 20 perc
'/>"/>

SOURCE Fiberstar, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. Divine Skin Posts Record Sales for 2010: Up 55% Over 2009
2. Biotech Posts Strong Third Quarter Performance as Capital Markets Go on a Tear
3. Switzerland Posts Biotech Gains in 2009
4. OpenQ Posts a 200% Revenue Growth in the First Half of 2009
5. Oxygen Biotherapeutics, Inc. CEO Posts New Blog Entry
6. Synvista Therapeutics Posts Letter to Stockholders on Web Site
7. AMDL Inc. Announces Second Quarter 2008 Results; Company Posts $5.8 Million in Sales With a Revenue Increase of 140%
8. Inovio Pharmaceuticals Prostate Cancer DNA Vaccine Demonstrates Strong T Cell Responses in Monkeys; Company on Track for Phase I Clinical Trial
9. Reportlinker Adds R&D Trends: Osteoporosis - Strong pipeline bodes well for future treatment
10. Only the weak survive?: Pitt team adds more give for stronger self-healing materials
11. Parenteral Depots Offer $8 Billion of Reformulation Opportunities and a Strong Competitive Edge in Crowded Pharmaceutical Space
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... 29, 2014 Philadelphia’s newest entrepreneurial incubation space ... their start. The Innovation Center @3401 , a collaborative ... City Science Center to help attract and nurture start-up ... July 28. , The Innovation Center @3401 ... Market Streets, is the new home of DreamIt Ventures ...
(Date:7/29/2014)... SILVER SPRING, Md., July 29, 2014  United ... today announced its financial results for the ... "Our continued growth shows that our medicines ... from pulmonary arterial hypertension (PAH)," said Martine ... Executive Officer. "The commercial launch this quarter ...
(Date:7/29/2014)... Dr. Jason Wendel – recipient of a ... of the Top 10 Plastic Surgeon Specialists for Nashville, TN ... His complete line includes a Hydration Booster, Retexturing Night Crème, ... and skin a younger, more radiant appearance while protecting them ... different, that is why at Dr. J. J. Wendel Plastic ...
(Date:7/28/2014)... , July 28, 2014 Sapphire Energy, ... today announced the appointment of biotechnology veteran James ... board of directors. Levine replaces Cynthia ,CJ, Warner, who ... will remain chairman of the company,s board of directors. ... Energy,s mission to deliver commercial scale algae-based fuels has ...
Breaking Biology Technology:Innovation Center @3401 Opens for Business; DreamIt Ventures and Point.io First Residents 2Innovation Center @3401 Opens for Business; DreamIt Ventures and Point.io First Residents 3United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 2United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 3United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 4United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 5United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 6United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 7United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 8United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 9United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 10United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 11United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 12United Therapeutics Corporation Reports Second Quarter 2014 Financial Results 13Dr. J. J. Wendel Launches New Line of Skin Care Products 2Sapphire Energy Announces New CEO James Levine 2Sapphire Energy Announces New CEO James Levine 3
... When semiconductor nanorods are exposed to light, ... clustering nanorods together, physicists at the University of ... is increased dramatically providing new insight into this ... by associate professor Marija Drndic,s group, including graduate ...
... June 23, 2011 /PRNewswire-Asia-FirstCall/ -- China-Biotics, Inc. (" China-Biotics ... (NASDAQ: CHBT ), a leading developer, manufacturer, and ... 20, 2011, the Company received a letter from the NASDAQ Listing ... Company has not yet filed its Annual Report on Form 10-K ...
... Biosciences, Inc. (NASDAQ: NBIX ) announced today that ... a Notice of Allowance for the Company,s proprietary Vesicular Monoamine ... that a composition of matter patent on NBI-98854 will have ... Additionally, on June 17, 2011, the Company held a ...
Cached Biology Technology:Penn physicists observe 'campfire effect' in blinking nanorod semiconductors 2Penn physicists observe 'campfire effect' in blinking nanorod semiconductors 3China-Biotics, Inc. Receives NASDAQ Delisting Notification 2China-Biotics, Inc. Receives NASDAQ Delisting Notification 3Neurocrine Biosciences Announces Notice of Allowance for Composition of Matter Patent on VMAT2 Inhibitor 2Neurocrine Biosciences Announces Notice of Allowance for Composition of Matter Patent on VMAT2 Inhibitor 3
(Date:7/29/2014)... you,ve ever ordered the wrong food at a restaurant, don,t ... have less to do with what you want and more ... analyzing 217 menus and the selections of over 300 diners, ... Journal of Hospitality Management showed that when it comes ... what you see on the menu and how you imagine ...
(Date:7/29/2014)... of Ascension Island, one of the world,s largest green ... Writing in the journal Biodiversity and Conservation , ... Government Conservation Department report that the number of green ... increased by more than 500 per cent since records ... are now estimated to be laid on the Island,s ...
(Date:7/29/2014)... of Kent has shown for the first time how ... that could have a major impact on cancer therapy ... uncovered the mechanism whereby the physical properties of the ... are ,fine-tuned, to undertake different functions. , While ... providing a framework for the cell, others are more ...
Breaking Biology News(10 mins):Menu secrets that can make you slim by design 2Major turtle nesting beaches protected in 1 of the UK's far flung overseas territories 2
... CA July 12, 2012 Readers of the top-ranked scientific ... noticed a recent wave of articles, most recently in the ... importance for biology and medicine. These papers, all published this ... of Professor Raymond Stevens, illuminate a large and medically important ...
... century ago, the South Pole was one of Earth,s last ... activity. Led by Monash University,s Professor Steven Chown, a ... out the current and future conservation challenges facing the Antarctic ... . The team analysed the effectiveness of the existing ...
... trying to control the invasive tamarisk plant have been ... a rapidly evolving beetle that has been changing its ... Their findings, in a paper titled "Evolution of critical ... Diorhabda carinulata , a biological control agent against ...
Cached Biology News:Large, medically important class of proteins starts to yield its secrets 2Large, medically important class of proteins starts to yield its secrets 3Large, medically important class of proteins starts to yield its secrets 4Large, medically important class of proteins starts to yield its secrets 5Large, medically important class of proteins starts to yield its secrets 6Large, medically important class of proteins starts to yield its secrets 7The challenges facing the vulnerable Antarctic 2Tamarisk biocontrol efforts get evolutionary boost 2Tamarisk biocontrol efforts get evolutionary boost 3
... Flat bottoms,• Nonreversible ... to reduce contamination,• Individual ... identification,• Uniform footprint for ... for optimal cell attachment,• ...
Rabbit polyclonal to GABA A Receptor gamma 2 ( Abpromise for all tested applications). entrezGeneID: 2566 SwissProtID: P18507...
Rabbit polyclonal to VPAC2 ( Abpromise for all tested applications). entrezGeneID: 7434 SwissProtID: P41587...
Anti-GOSR2 Monoclonal AntibodyOther Sub-Family: not assigned-Other Applications: Immunocytochemistry, Immunoprecipitation, Western Blot...
Biology Products: