1,392 results in the archive - showing page 1 of 47

Does Kraft Heinz want to swallow Unilever whole? 17 Feb 2017

Column: In the spotlight

Kraft Heinz's takeover bid for Unilever came as something of a shock today – not least because of the seeming unlikely pairing of the 3G Capital-owned US group with the European food-to-personal care company. just-food asks whether the takeover offer should be taken at face value. 


Nestle's plans for 2017 and beyond under new CEO Mark Schneider – 5 things to learn 16 Feb 2017

Column: In the spotlight

Announcing's Nestle 2016 results today (16 February) newly-installed CEO Mark Schneider revealed growth at the Swiss food giant came in below expectations. All eyes are now on Nestle's direction under Schneider, who joined the business at the start of this year. Will there be a greater focus on margin enhancement? Has Schneider totally abandoned the 'Nestle model' targeting 5-6% organic growth each year? Could large-scale acquisitions or disposals be on the cards? Katy Askew investigates. 


Will Kellogg's DSD exit help it grow in US snacks? - analysis 15 Feb 2017

Column: On the money

Kellogg's decision to end the direct store delivery (DSD) of its snacks in the US is expected to give the company's profitability some momentum, with the Cheez-It owner saying the move would leave it better placed to grow revenues from that part of its business. However, the Pringles maker faces an uphill challenge to turn around declining sales trends. Katy Askew reports. 


Why Reckitt Benckiser has moved for Mead Johnson - analysis 10 Feb 2017

Column: In the spotlight

Mead Johnson has been the subject of takeover talk ever since it was spun-off from pharma group Bristol-Myers Squibb in 2009. Today's (10 February) news that the board of the US infant formula business has backed a potential sale came as little surprise - but what has raised eyebrows is the seemingly unlikely source of interest, UK condom-to-cleaning product provider Reckitt Benckiser. Katy Askew looks at the potential deal.


Is Mondelez's margin target hurting sales? – analysis  9 Feb 2017

Column: On the money

Mondelez International has delivered a lacklustre set of 2016 numbers but the snacks giant, which has been buffered by a challenging operating environment, stressed it continues to improve adjusted operating margins. With the entrance of 3G Capital into the food sector, margins have become a key metric for a number of the major names in the industry but Mondelez's results left some wondering if a focus on margins can hamper top-line growth. Katy Askew reports.


Is Mondelez's margin target hurting sales? – analysis  9 Feb 2017

Column: In the spotlight

Mondelez International has delivered a lacklustre set of 2016 numbers but the snacks giant, which has been buffered by a challenging operating environment, stressed it continues to improve adjusted operating margins. With the entrance of 3G Capital into the food sector, margins have become a key metric for a number of the major names in the industry but Mondelez's results left some wondering if a focus on margins can hamper top-line growth. Katy Askew reports.


Hershey's 2016 results and 2017 outlook - 5 things to learn 7 Feb 2017

Column: On the money

Hershey's 2016 results and 2017 outlook, issued on Friday (3 February), suggested both a stronger finish to the year than the preceding nine months had suggested and confidence on this year's earnings above that seen on Wall Street. Nevertheless, analysts still had questions on Hershey's earnings expectations, on its performance in China and on its plans for its cost structure. Dean Best reports.


Cloetta defends share in stagnant markets – 6 things to learn  1 Feb 2017

Column: On the money

Cloetta, the Swedish snack maker, reported a loss for 2016 this morning (1 February) primarily due to an impairment charge related to its Italian business. Speaking to analysts during a conference call, however, management was upbeat on the progress it has made in strengthening profitability. Cloetta said it hopes to continue to expand its margins over the coming 12 months and revealed that it wants to grow sales – both organically and through M&A – during 2017. Here are the key takeaways from Cloetta's 2016 results.


US food industry hesitant amid Trump's dizzying pace - comment 31 Jan 2017

Column: Consuming issues

Donald Trump's first 11 days in the White House has seen a series of executive orders and, while some have provoked a storm of global headlines, the US food industry is trying to digest what impact the new President could have on the sector. As Ben Cooper writes, so far, the US food industry has been reluctant to comment but that may soon have to change.


Who will have their Weetabix? - analysis 31 Jan 2017

Column: Deal or no deal

Almost five years after Bright Food snapped up a majority stake in Weetabix, the state-backed Chinese group is said to be looking to offload its shares in the UK-based breakfast cereal business. Speculation started before Christmas and, although Bright Food sought to cool the chatter, the rumours have intensified, with four bidders apparently preparing to table offers. Dean Best surveys the purported runners and riders.


Unilever's plan to grow in 2017 – 6 things to learn 26 Jan 2017

Column: On the money

Unilever delivered sluggish sales but stronger-than-expected margins when it reported its full-year results today (26 January). The company's revenue was buffeted by issues like demonetisation in India and economic crisis in Brazil during the tail-end of 2016. While management believes such headwinds will lead to a slower start to 2017 - an outlook that hit Unilever's shares today - the group does expect things to pick up as the year progresses. just-food take a look at Unilever's strategy for growth this year.


Could Aryzta's profit warning herald change at the top? - analysis 25 Jan 2017

Column: On the money

The pressure on Aryzta has grown this week after the Switzerland-based bakery giant issued a surprise profit warning, sending its shares tumbling and sparking speculation about the future of the company's senior management. Dean Best reports.


Why - as it stands - takeover of Mead Johnson is unlikely 24 Jan 2017

Column: In the spotlight

A new year, re-heated M&A speculation. Takeover talk is again centred on US-based infant formula group Mead Johnson, often seen as a target since it was spun off by pharma group Bristol-Myers Squibb in 2009. In the past, the chatter has focused on whether Danone would buy the Enfamil maker. Now, Nestle is in the spotlight. However, as Dean Best reports, such a deal looks unlikely - and, at present, the prospect of other suitors coming in appears just as slim.


How B&G Foods is balancing growth and decline – 5 things to learn  20 Jan 2017

Column: In the spotlight

Acquisitions have enabled B&G Foods to rapidly scale up in recent years. The company has grown from sales of around US$600m in 2012 to a forecast of $1.6bn in 2017. Two large-scale deals have boosted B&G: Green Giant in 2015 and ACH Foods last year. However, B&G's underlying sales have not been strong. The group's smaller brands, which generate annual sales in the region of $500m, have struggled. Even Green Giant is a brand that has been in decline for years.  At the ICR investor conference in Florida last week, CEO Bob Cantwell outlined how the company intends to continue to grow in 2017 and beyond.


Premier Foods has more to worry about than Brexit - editor's viewpoint 19 Jan 2017

Column: Editor's viewpoint

This week's profit warning from Premier Foods plc dismayed the market with analysts expressing concern about the UK group's ability to pass on Brexit-linked cost increases, the performance of its brands and its promotional strategy.


Could BRF's acquisition in Turkey pave way for OneFoods IPO? 13 Jan 2017

Column: BRICs and beyond

BRF, the Brazil-based meat giant, announced this week it has teamed up with the state of Qatar to buy a majority stake in Turkey-based processor Banvit Bandirma Vitaminli Yem Sanayii. The move will see BRF's recently-established halal unit, OneFoods, enter the Turkish market. Could BRF be paving the way for plans to partially float OneFoods? Katy Askew investigates. 


Does General Mills sales drop signal a cut too far?  22 Dec 2016

Column: In the spotlight

General Mills disappointed the market this week (20 December) when the US group lowered its full-year revenue outlook on the back of a 7.1% drop in sales during its second quarter. The company's aggressive cost-cutting programmes enabled it to maintain its margin guidance but, Katy Askew asks, is the group's weak top line evidence management has cut spending in certain areas too deeply?


Danone's good news on margins but Activia leaves sour taste - editor's viewpoint 21 Dec 2016

Column: Editor's viewpoint

Danone surprised the market on Monday (19 December) with a warning on its full-year sales. In more positive news, the French giant also said it expects its comparable operating margins to "be above target" but analysts were concerned about the early results of the relaunch of Activia, with the company citing the brand as a factor in its lower forecast for organic sales growth in 2016.


Don't rule out Kraft and Mondelez going back to the future - editor's viewpoint 15 Dec 2016

Column: Editor's viewpoint

The speculation linking Kraft Heinz to a possible bid for Mondelez International is casting just-food's mind back seven years and giving it a wry smile at the thought of a company reunited.


How will demonetisation affect India's food industry? - analysis 14 Dec 2016

Column: BRICs and beyond

Last month, India pulled from circulation INR500 and INR1,000 banknotes, in a bid, the country's government said, to clamp down on counterfeiting, corruption, drug use and smuggling. The demonetisation move has proved controversial and has affected consumer spending, with smaller traders facing pressure, although many of the largest food companies operating in India believe it will benefit the country's economy. Raghavendra Verma reports from New Delhi.


The key issues for suppliers and retailers in 2017 - IRI's take 14 Dec 2016

Column: IRI's inside track

In the latest of its monthly columns on just-food, FMCG market research giant IRI surveys the main issues food manufacturers and retailers will have to consider as they market and sell to consumers in 2017.


What will General Mills' reorganisation achieve? - analysis 13 Dec 2016

Column: In the spotlight

General Mills has announced plans to reorganise its business in a move the US company said would enable it to capitalise on its international presence. But will it address some of the fundamental issues limiting growth at the Cheerios-to-Yoplait maker? Katy Askew reports. 


Hain Celestial looks outside to strengthen - editor's viewpoint 12 Dec 2016

Column: Editor's viewpoint

Hain Celestial has grown rapidly to become one of the largest companies in perhaps the most attractive segments of the US food sector. However, there appears to have been a recognition that broadening the experience of the natural and organic group's senior management team is what the company needs.


Wessanen looks to unlock Spanish market with Biogran buy - analysis 8 Dec 2016

Column: In the spotlight

Dutch food group Wessanen has made another acquisition as it continues to focus on expansion in the European "sustainable" foods market. Wessanen is expanding its presence in Spain through the purchase of Biogran, a "leader" in the Spanish rice cake and cereals. Wessanen's management believes the deal will open the door for further growth in a promising market. Katy Askew reports. 


Unilever on organisational change, outlook for food, spreads' future - 2016 investor day takeaways 1 Dec 2016

Column: In the spotlight

Unilever this week held its annual investor day in Port Sunlight, the village built in the 1880s by one of the companies that were the forerunners of the consumer goods giant and now home to the research and development arm of the group's home and personal care business. However, Unilever's management used the occasion to give an update on the company as a whole, including on its plan to drive improvements in its profitability and on where it sees growth from food. Dean Best reports.


Have food promotions reached tipping point? - analysis 29 Nov 2016

Column: IRI's inside track

Researchers at IRI have studied promotions in seven major European markets and say their data shows the use of offers is easing. Tim Eales, strategic insight director for IRI's UK business, looks at the numbers.


How Tyson Foods' new CEO Tom Hayes plans to grow in 2017 and beyond - analysis 25 Nov 2016

Column: In the spotlight

Shares in US meat group Tyson Foods took a battering this week, when the company missed earnings estimates and announced the appointment of a new CEO, current president Tom Hayes. Katy Askew takes a look at the group's performance in 2016 and weighs up what Hayes' strategic priorities are likely to be when he takes the helm in 2017.


Mondelez moves beyond certification but still wants Fairtrade by its side - analysis 24 Nov 2016

Column: In the spotlight

Seven years ago, Cadbury announced one of the more notable sustainability initiatives of recent times when it teamed up with Fairtrade on cocoa certification. This month, the UK chocolate maker's owner. Mondelez International, outlined changes to the way it would work with Fairtrade. Ben Cooper reports.


How Greencore is aiming to be a national player in the US – analysis  17 Nov 2016

Column: In the spotlight

Greencore, the Ireland-based convenience food group, wants to expand its reach in the US as a national distributor of food-to-go products and has long invested in M&A, as well as the development of manufacturing and distribution structures that extend its regional range. Greencore's move to buy US group Peacock Foods this week was a step-change in this agenda. Katy Askew reports. 


How will Trump's presidency affect the global food industry?  9 Nov 2016

Column: In the spotlight

Republican Donald Trump has beaten front-runner Hillary Clinton in the race to become the forty-fifth President of the United States of America. His eleventh-hour election success defied the pollsters as first the key swing state of Florida fell, followed by North Carolina, Ohio and finally Pennsylvania. With big business largely backing Clinton, pundits are framing Trump's win as further evidence of disillusionment with the so-called political and business classes. just-food examines the implications of the election result for the global food sector. 

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