1,304 results in the archive - showing page 1 of 44

Hershey Q1 results, outlook and latest M&A - the top takeaways 27 Apr 2016

Column: On the money

Hershey's first-quarter results contained a triple whammy yesterday (26 April) as the confectioner reported falling sales and earnings, cuts to forecasts for 2016 and upped its cost savings targets from 2017. The company's results were hit by continued pressure in China and challenges in North America. Hershey, however, announced the acquisition of snacks brand BarkThins and, on a conference call with investors, the Reese's owner appeared confident it was taking the right steps to improve its performance.


McCormick & Co. has appetite for deals - editor's viewpoint 20 Apr 2016

Column: Editor's viewpoint

Just a week after dropping its interest in Premier Foods, McCormick & Co. announced the acquisition of Australian chilled herbs firm Botanical Food Co. When the US herbs and spices giant's interest in Premier emerged, McCormick said it had a "pipeline" of targets and industry watchers expect the company to continue to look to M&A for growth.


How Danone is winning "key battles" en route to 2020 aims 19 Apr 2016

Column: On the money

Danone insisted this morning (19 April) it is winning "key battles" in its bid to raise its sales and earnings trajectories by 2020. The French food maker flagged higher sales from its US dairy business in the first quarter of this year and predicted ongoing improvements from its European dairy operations. Danone also insisted the fundamentals of its Chinese infant nutrition business are solid despite recent challenges. Katy Askew reports.


The potential M&A in niche dairy products in the UK 30 Mar 2016

Column: M&A Watch

just-food M&A columnist Stefan Kirk looks at the possible M&A candidates in more niche dairy categories in the UK - and suggests three potential targets.


Mondelez International's European cheese and grocery unit - weighing up possible interest in business behind Philadelphia 23 Feb 2016

Column: M&A Watch

With continued speculation over the future of Mondelez International's European cheese and grocery business, just-food's M&A columnist Stefan Kirk weighs up what kind of interest there could be in the asset, which features the Philadelphia brand.


RSPO Next - What has been the reaction to the new palm oil standards? 23 Feb 2016

Column: Sustainability Watch

The Roundtable on Sustainable Palm Oil was, in its early days, hailed as a model of inter-stakeholder collaboration but has faced mounting criticism as the years have gone by - not least in a stinging letter from a number of food companies last summer. The organisation has a new set of criteria - RSPO Next - that it says strengthen standards. But, as Ben Cooper reports, the new benchmarks have attracted disapproval.


Nestle's 2015 results and 2016 outlook - what the analysts say 18 Feb 2016

Column: What the analysts say

Nestle's shares fell today (18 February) after the world's largest food maker missed analyst expectations on sales and trading operating profit - and disappointed with its guidance for this year. Here's a flavour of how analysts have viewed the KitKat-to-Maggi owner's numbers.


Flowers Foods: is it time to reappraise strategy at the US bakery group? 12 Feb 2016

Column: On the money

Flowers Foods' share price fell almost 20% yesterday (11 February) after the US bakery group booked fourth-quarter earnings that failed to hit analyst expectations. Sales softness and pending litigation prompted some to question whether the firm is overreaching. The real concern, however, is Flowers is pursuing a fundamentally flawed strategy. Katy Askew reports.


Kellogg seeing progress on US cereal but snacks in doldrums 12 Feb 2016

Column: On the money

Kellogg's US business weighed on its results in 2015 but the company insisted its troubled US cereal business was seeing signs of improvement. However, the group's domestic snacks arm is under pressure. Hannah Abdulla reports.


Mondelez International's 2015 results and outlook for 2016 - 7 things to learn 4 Feb 2016

Column: On the money

Mondelez International's shares took a tumble yesterday on the back of its 2015 numbers and its forecasts for 2016 - and were down again today. Chairman and CEO Irene Rosenfeld called the last 12 months "a year of very strong results" and, although conceding volumes would again be under pressure, forecast further improvement in profitability. What should we take away from the figures and from its outlook for the months ahead? Dean Best investigates.


Hain Celestial confident but cognisant of domestic challenges - comment 2 Feb 2016

Column: Editor's viewpoint

Irwin Simon, the founder, president and CEO of Hain Celestial, often comes across as one of the more forthright chief executives in the US food industry, with a firm belief in his company and its prospects. With Hain Celestial's domestic business facing challenges and investor scrutiny intensifying, Simon this week set out how the company will improve its performance in the US and why he believes the group can thrive amid increasing competition - but there were signs he acknowledges the need to adapt to meet the challenge.


How concerned are US consumers about cage-free eggs? 28 Jan 2016

Column: Sustainability Watch

In recent months, a series of major companies in the US have announced they will switch to cage-free eggs - but how interested are consumers? Ben Cooper reports.


Can Yildiz Holding's new snacks unit match its ambitions? 27 Jan 2016

Column: In the spotlight

Yildiz Holding is restructuring its confectionery and biscuit businesses, uniting the likes of United Biscuits, Ülker and Godiva under a single umbrella subsidiary. The Turkish conglomerate has some ambitious growth targets for the new unit. Katy Askew takes a look at whether it can deliver.


just-food's three top tips for M&A deals in 2016 26 Jan 2016

Column: M&A Watch

just-food M&A columnist Stefan Kirk runs the rule over the potential deals that could be struck in the food industry in 2016 - and puts forward three companies that could be targets.


How is Unilever preparing for a difficult 2016? 19 Jan 2016

Column: On the money

Conditions for global packaged food manufacturers in 2015 were challenging. According to the assessment of Unilever, 2016 looks set to get worse. So how is the ice cream-to-condiments manufacturer preparing? 


Why Campbell's move on GMOs is savvy 14 Jan 2016

Column: Consuming issues

The decision by Campbell Soup Co. to back nationwide mandatory labelling of the genetically modified ingredients in food on sale in the US, Ben Cooper writes, is more about the merits and importance of greater transparency than it is about the pros and cons of GM itself.


General Mills aims to milk demand for yoghurt in Brazil - analysis 14 Jan 2016

Column: BRICs and beyond

General Mills secured its entry into the fledgling but growing Brazilian yoghurt market with the acquisition of local player Carolina just before Christmas. But, with Carolina's tiny market share, will the move pay off in meeting General Mills' wider ambitions for growth in emerging markets?


Why General Mills must tread carefully with new asset Epic Provisions 11 Jan 2016

Column: In the spotlight

Either side of Christmas, General Mills turned to M&A to try to inject some growth into its business. On 23 December, the company announced a move to buy Brazilian yoghurt maker Carolina to bolster its operations outside the US. Last week, General Mills swooped again, this time domestically, snapping up fledgling US meat snacks firm Epic Provisions, another sign of the attractiveness of protein, snacks and sustainability for food majors. However, the Cheerios maker will have to be judicious in the way it manages the new asset. Dean Best reports.


New private-equity giant L Catterton will stir interest in M&A circles 6 Jan 2016

Column: Editor's viewpoint

A striking transaction has been announced in the private-equity world, with US buy-out house Catterton to join forces with the investment arm of luxury goods group LVMH - and right along the consumer-facing parts of the food sector companies will be watching closely.


The food industry in 2016 - Don't give up on Europe 3 Jan 2016

Column: IRI's inside track

Europe's recent economic woes may have dampened enthusiasm for the region but IRI believes there are numerous ways to grow for food manufacturers. 


The food industry in 2016 - what is the outlook for the BRICs? - part one 3 Jan 2016

Column: BRICs and beyond

There has been an almost unexpected level of volatility in emerging economies in 2015, with three of the BRIC markets Brazil, Russia and China, notably under the spotlight. Hannah Abdulla explores what the BRIC markets hold in store for packaged food firms in 2016. The first of a two-part feature looks at Brazil and Russia.


Why General Mills' home discomforts raise strategic questions 21 Dec 2015

Column: In the spotlight

General Mills' latest numbers have put the US food giant under scrutiny once more. Last week, the company reported lacklustre second-quarter sales and cut its forecasts for annual sales and earnings. The group's domestic business, which has been under pressure for a number of years now, saw sales fall, leading industry watchers to ponder what lies ahead in 2016 and beyond for the company. Dean Best reports.


The food industry’s vital role in realising COP21 vision 17 Dec 2015

Column: Consuming issues

The COP21 agreement marks the start of a huge concerted effort in which the food industry will have a leading role to play, Ben Cooper writes.


Orkla seeking strength in small markets with Hamé buy  17 Dec 2015

Column: In the spotlight

Nordic food group Orkla is expanding its presence in central Europe through the acquisition of Czech Republic-based Hamé. The deal offers cost and revenue synergies and expands Orkla's presence in categories that are complementary to its portfolio. It also feeds into Orkla's strategy of focusing on regional categories and markets where it can build scale but which have, on the whole, gone under the radar of multinational competitors. Katy Askew reports. 


Muller Quaker Dairy did not stand out in US yoghurt crowd 11 Dec 2015

Column: Editor's viewpoint

Just three years after PepsiCo and Muller launched their bid to capture part of the US yoghurt market, the companies have thrown in the towel. Dean Best believes the companies did not create distinct enough products to succeed in a competitive category.


Why there is a ceiling to discounter growth 1 Dec 2015

Column: IRI's inside track

Discount retailers are a major force in grocery retailing in a number of European markets, forcing supermarkets to adapt and prompting suppliers to revise their strategies in a number of areas. However, in a guest column for just-food, José Carlos González-Hurtado, the former Carrefour chief commercial officer who is now president of international at IRI, outlines why there could be limits to the growth of the discounters.


Why Pinnacle Foods faces work on Boulder Brands 30 Nov 2015

Column: In the spotlight

There has been more consolidation in the US food industry, with another big player largely focused on stagnant categories moving for a business in a growing area of the sector. Pinnacle Foods, the business behind the Birds Eye brand in the US, as well as products like Duncan Hines baking mixes and Wish-Bone salad dressings, has struck a deal to buy Boulder Brands - a business in gluten-free but one that has struggled in recent quarters. Dean Best reports.


What could be the benefits of US approval of GM salmon? 30 Nov 2015

Column: Consuming issues

The US Food and Drug Administration's decision to approve AquaBounty Technologies' AquAdvantage salmon for consumption in the country sees the collision of two highly controversial subjects, namely aquaculture and genetic modification.


ConAgra Foods announces split - what could happen next? 26 Nov 2015

Column: In the spotlight

ConAgra Foods CEO Sean Connolly, fresh from securing the sale of the US group's own-label business, has made another strategic move - splitting the business in two. A largely branded business, Conagra Brands, and a frozen potato products supplier, Lamb Weston, are set to be created. Dean Best analyses what could lie ahead for both companies.


Will Belvita win at breakfast in China? 18 Nov 2015

Column: BRICs and beyond

Mondelez International has taken its breakfast biscuit concept, Belvita, to China in a bid to capture the attention of the young, time-poor consumer on the hunt for convenience. But with different tastes and habits at breakfast, can the Chinese consumer be convinced to take on Belvita as an alternative? Hannah Abdulla explores.

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