1,379 results in the archive - showing page 1 of 46

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. 


Kraft Heinz sets out stall to revitalise UK business - analysis 7 Nov 2016

Column: On the money

Kraft Heinz's third-quarter results won praise from some on Wall Street but the US food giant still faced questions about its performance in Europe. The company pinpointed the UK as a problem area and outlined its plans to breathe fresh life into its business in the country.


TreeHouse Foods wrestles with former ConAgra Foods' assets – 6 things to learn  4 Nov 2016

Column: On the money

TreeHouse Foods lowered its full-year earnings forecast, sending shares in the US own-label supplier tumbling. The company said it was forced to cut its outlook due to a weaker-than-expected performance from the private-label business it acquired from US peer ConAgra Foods earlier this year. just-food takes a look at what has gone wrong – and what action TreeHouse is taking to right itself. 


Lamb Weston goes it alone - six things to learn 31 Oct 2016

Column: In the spotlight

Lamb Weston held an investor day ahead of its imminent spin-off from ConAgra Foods, which will itself become a consumer-facing branded food group Conagra Brands. The move aims to enable a more focused Lamb Weston to deliver strong profit margins thanks to a product mix that is highly complementary and synergistic. But, Lamb Weston management insists, it is also about growth. Here are our key takeaways from the investor event. 


Why Tyson Foods' investment in Beyond Meat is shrewd 21 Oct 2016

Column: In the spotlight

Tyson Foods, one of the world's largest meat processors, is investing in fledgling US meat-free business Beyond Meat - and the deal looks an astute one.


Love it or hate it - price an underlying tension across Europe's FMCG sector 20 Oct 2016

Column: IRI's inside track

The spat between Unilever and Tesco in the UK over price grabbed the headlines last week but, across Europe, for different reasons, price remains a critical issue for the FMCG sector. Consumers remain price sensitive despite improving economic conditions and are wasting less, meaning growth is hard to come by. IRI's Anne Lefranc looks at ways suppliers and retailers could work together to drive sales and profits.


Danone's Q3 sales - what the analysts say 18 Oct 2016

Column: On the money

Danone's underlying third-quarter sales fell below market expectations amid challenges in China. Regulatory changes in China are weighing on Danone's infant formula business in the country but, broadly, analysts are comfortable about the prospects for that part of the French giant's business and, overall, the group's wider prospects.


It will not just be Unilever to push for Brexit price hikes - editor's viewpoint 13 Oct 2016

Column: Editor's viewpoint

There will be more requests on retailers to move on price. Not every supplier will be successful. And for those that are not, it may serve as a push to, ultimately, look for scale or for a buyer. Another round of consolidation in the sector is likely.


What next for the new Mars Wrigley Confectionery... and for Warren Buffett? 10 Oct 2016

Column: Editor's viewpoint

Mars has moved to take full control of Wrigley, buying the minority stake held in the chewing gum maker by Warren Buffett. The deal could create a stronger competitor, particularly in the US, but there are some more strategic questions for Mars to answer, while the transaction can only add to Buffett's firepower should he wish to make more acquisitions in the food industry, writes Dean Best.


How ConAgra Foods' promotional strategy is changing - and why 3 Oct 2016

Column: On the money

ConAgra Foods, the US group set to split in two companies with one focusing on brands, is putting more emphasis "on volume over value" after being "overly reliant on deep discounting", a strategy that had led consumers to associated some of its products with deals, CEO Sean Connolly has said.


Aryzta's FY results and outlook for 2017 - 6 things to learn 28 Sep 2016

Column: On the money

Aryzta, the Switzerland-based bakery products supplier, this week reported a drop in annual profits, although it managed to eke out some growth on its top line. The company has faced challenges in North America in recent quarters and the numbers bore that out, with sales boosted by its businesses outside that region. just-food presents the key takeaways from Aryzta's results and looks at how the company's views its prospects for the new financial year.


General Mills on Q1 sales, innovation plans, margins - 8 things to learn 26 Sep 2016

Column: On the money

General Mills booked a 7% drop in first-quarter net sales last week, with sales down 4% on an organic basis. The US company has repeatedly insisted it is taking action to address problem areas in its portfolio, such as yogurt and cereal. But this latest set of numbers underline the challenges the group faces. Here are just-food's key takeaway's from General Mills' first-quarter results. 


What next for UK turkey processor Bernard Matthews? 23 Sep 2016

Column: Editor's viewpoint

There is hope the embattled UK turkey processor can be revitalised under the stewardship of Ranjit Singh Boparan, the UK businessman with extensive interests in poultry. However, there are questions about what will happen to the pensions of Bernard Matthews' staff, while the company's commercial performance is in need of improvement.


How PepsiCo is taking action on palm oil – interview  13 Sep 2016

Column: Sustainability Watch

Today (13 September), PepsiCo publishes the first update on its "palm oil action plan". Ben Cooper spoke with Andrew Aulisi, senior director for global environmental policy at PepsiCo, about the progress to date and how the company's initial actions and achievements are likely to be received by environmental campaigners.

1

3

4

...