1,141 results in the archive - showing page 1 of 39

Editor's viewpoint: Chiquita right to stand firm 19 Oct 2014

Column: Editor's viewpoint

Chiquita Brands International still appears set on its proposed merger with Fyffes – and the US produce giant is, at the moment, right to do so.


In the spotlight: Will Danone return to growth in fresh dairy? 17 Oct 2014

Column: In the spotlight

Danone has faced myriad issues at its fresh dairies business. The group has been squeezed by weak consumer sentiment in its largest markets, on the one hand, and rising input prices, on the other. Management believes that a focus on improving its mix in developed markets will boost its profit profile. All the while it has been positioning itself to drive the top line in emerging markets. But these efforts are yet to show themselves in the unit's results. Could Danone's fresh dairy business be preparing to turn a corner? Katy Askew reports.


On the money: Why Nestle is relaxed about the China "drag" 17 Oct 2014

Column: On the money

Nestle's sales for the first nine months of 2014 have missed analyst expectations and the investment community pointed to China as a key factor. However, the world's largest food manufacturer, while noting the short-term challenges it sees in the market, is upbeat about its prospects.


Consuming issues: Paying the price for eating healthily 16 Oct 2014

Column: Consuming issues

Research suggesting the price gap between healthier and less healthy foods is widening will have been greeted with concern by public health experts and policymakers. Food companies should be worried too but, Ben Cooper argues, they should also be encouraged by the direction this research may take the debate.


M&A Watch: Emmi shareholders should consider sale 14 Oct 2014

Column: M&A Watch

The recent sale of Italian unit Trentinalatte confirms growth through acquisition is not something Emmi is always successful at. Would, Stefan Kirk asks, the Swiss group's shareholders consider a liquidity event that would make them a participant in European dairy consolidation, plus earn them lots of money?


BRICs and beyond: How Bright Food is furthering its international strategy 14 Oct 2014

Column: BRICs and beyond

State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.


On the money: PepsiCo's "disciplined" response to Frito-Lay market share squeeze 10 Oct 2014

Column: On the money

Frito-Lay, the North American snack business of PepsiCo, is responding to the slow erosion of its market share in a "disciplined" way, while also innovating to fend off competition from premium players,its management has insisted.


Editor's viewpoint: Emmi scales back in Italy's sour dairy market 6 Oct 2014

Column: Editor's viewpoint

Emmi's move to sell Italian yoghurt business Trentinalatte, announced this morning (6 October), was the latest example of the challenges facing companies doing business in the country's dairy sector.


In the spotlight: FrieslandCampina moves to shore up Europe prospects 3 Oct 2014

Column: In the spotlight

FrieslandCampina this week made two major announcements in Europe, with a plan to close a plant in Belgium but also deals to buy two Italian cheese firms. The Dutch dairy giant has, like many of its peers, struggled for growth in Europe and is busy looking to right-size its business in the region for the future.


In the spotlight: Fonterra's strategy to weather enduring dairy volatility 26 Sep 2014

Column: In the spotlight

After reporting a slump in Fonterra's annual profits this week, CEO Theo Spierings was at pains to tell the market the global dairy market will remain erratic. However, the head of the world's largest dairy exporter also outlined how the group plans to ride out changes in supply of and demand for milk.


On the money: Diamond's faith in on-trend portfolio 26 Sep 2014

Column: On the money

Diamond Foods expects to return to profitability in its new financial year, pointing to the benefit of an on-trend product portfolio in the US, improved walnut supply and reduced financial costs.


BRICs and beyond: E-tail could sidestep distribution challenge in China 23 Sep 2014

Column: BRICs and beyond

Alibaba Group's massive IPO has underlined that the e-commerce trade in China is booming. Significantly for packaged food manufacturers, online retailers offer a way to circumvent some of the challenges of distribution in this massive market, enabling them to reach out directly to China's population base. However, the soaring popularity of such enterprises also means competition is intense. Food makers must battle to stand out in the crowded online marketplace. Katy Askew reports.


Editor's viewpoint: Baptism of fire for new Tesco CEO Lewis 22 Sep 2014

Column: Editor's viewpoint

Tesco's dealings with suppliers appear to be at the centre of the latest problem to emerge at the UK's largest retailer. And it is an issue that has left many industry watchers left shaking their heads in bewilderment today (22 September).


What the analysts say: City reacts to Tesco's profit error 22 Sep 2014

Column: What the analysts say

Tesco seems to be lurching from one bad news story to another. The UK retailer today (22 September) admitted it had over-stated half-year profits by GBP250m. The timing of the accounting of payments between Tesco and suppliers is said to be a central factor. Four executives have been asked to go on leave while the retailer investigates. Tesco's shares, unsurprisingly, tumbled this morning.


On the money: ConAgra confident private-label will improve 19 Sep 2014

Column: On the money

After a challenging previous financial year, ConAgra Foods yesterday (18 September) reported on the first three months of its new fiscal period. Shares in the US food group rose as it reported underlying earnings that beat Wall Street forecasts and stuck to its expectations for annual earnings - notable after 12 months that included three profit warnings.


M&A Watch: Why Danone/Lifeway deal could be on horizon 18 Sep 2014

Column: M&A Watch

The over 25x EBITDA valuation in General Mills' recent acquisition of Annie's clears the path for Danone, a main rival in dairy, to pay top dollar for another innovative food business in the US, which it has targeted as a growth geography. A clear candidate is Lifeway Foods, in which Danone has had a stake for many years and which the French group could feasibly grow by three times within a few years.


DATA: The just-food international basket - Q2 2014 16 Sep 2014

Column: The just-food international basket

In association with IRI, the just-food international basket shows the cost of a typical range of goods in eight markets every quarter. The data also outlines trends in branded and private-label pricing, as well as the volume sold on promotion.


Shopper trends: Signs of confidence but promotions centre stage 16 Sep 2014

Column: The just-food international basket

There is a sense across a number of markets that consumer confidence is improving and the latest data from the just-food international basket, compiled exclusively by IRI, shows the total cost of a shop is, on average, increasing. However, consumers are buying more products on deal and the price gap between brands and own label is shrinking. IRI's Martin Wood crunches the numbers.


Shopper trends: Signs of confidence but promotions centre stage 16 Sep 2014

Column: Shopper trends

There is a sense across a number of markets that consumer confidence is improving and the latest data from the just-food international basket, compiled exclusively by IRI, shows the total cost of a shop is, on average, increasing. However, consumers are buying more products on deal and the price gap between brands and own label is shrinking. IRI's Martin Wood crunches the numbers.


Editor's viewpoint: US health food in play - but could be pricey 11 Sep 2014

Column: Editor's viewpoint

General Mills' move for Annie's has further fuelled the belief US natural and organic food companies, including Hain Celestial and WhiteWave Foods, could become takeover targets for mainstream groups searching for growth. But the price General Mills has agreed to pay for Annie's also underlines such deals would likely be expensive.


In the spotlight: General Mills turns to M&A to bolster US business 9 Sep 2014

Column: In the spotlight

The US accounts for the bulk of General Mills' business and, with its operations at home under pressure, the food giant has got out the chequebook to snap up local natural and organic food maker Annie's. But is it the right move? Dean Best investigates.


BRICs and beyond: International ambitions underpin BRF, Lactalis dairy deal 9 Sep 2014

Column: BRICs and beyond

The proposed sale of BRF's Brazilian dairies unit to Lactalis-owned Parmalat looks set to be a win-win for both companies. BRF is focusing on improving the performance of its core meat operations and the group would leave the transaction better positioned to step up its expansion into international protein markets. Meanwhile, Lactalis will strengthen its hand in the promising Brazilian dairy sector, leaving the company well-placed as a global dairy powerhouse. Katy Askew reports.


On the money: City has faith in UK meat firm Hilton 9 Sep 2014

Column: On the money

Shares in Hilton Food Group, the UK meat supplier, took a hit today (9 September) after the company issued a note of caution about its near-term outlook. However, in the main, City analysts believe in Hilton's fundamentals.


Consuming issues: Elliott puts FSA back in the spotlight 8 Sep 2014

Column: Consuming issues

Amid the headlines about the UK's plan to set up a food crime unit, Professor Chris Elliott's full report into the UK supply chain has reignited what was a fierce debate - the role of the Food Standards Agency, writes Ben Cooper.


Deal or no deal: Will United Biscuits owners float or sell? 5 Sep 2014

Column: Deal or no deal

Blackstone Group and PAI Partners are progressing with plans to offload UK Jacob's-to-McVitie's manufacturer United Biscuits. The question on everyone's lips is whether the business will be floated or sold. Katy Askew reports.


Editor's viewpoint: Do not expect huge change at Danone 4 Sep 2014

Column: Editor's viewpoint

Looking at Danone's share price yesterday, one is left with the impression there is an expectation of changes at the French food group now Frank Riboud is to step down as CEO. However, those expecting wholesale change at Danone should perhaps not be so hasty. The executive moves at the top of the yoghurt maker suggest Riboud will still be central to the company's overall strategy.


On the move: Market hopes for refocused Danone under Faber 3 Sep 2014

Column: On the move

Shares in Danone rose as the market reacted to the announcement of a change at the top of the French food group. After 18 years at the helm, Franck Riboud is to step down as CEO. Analysts believe his replacement, deputy CEO Emmanuel Faber, need to give Danone a renewed sense of focus to take the business to the next stage.


On the money: Mengniu brushes off concerns with "star" brand focus 28 Aug 2014

Column: On the money

China's largest dairy manufacturer China Mengniu Dairy has shrugged off investor concerns over margin pressure, insisting its strategy to raise investment behind "star" and growth brands will improve the group's long-term profitability profile. Katy Askew reports.


Sustainability Watch: How will US biogas push affect food industry? 28 Aug 2014

Column: Sustainability Watch

An initiative launched under the auspices of President Obama's Climate Action Plan will see the government foster a major expansion of biogas use. Ben Cooper looks at the implications of the US government's Biogas Opportunities Roadmap for US food manufacturers.


BRICs and beyond: Fonterra, Beingmate partnership formula for success 28 Aug 2014

Column: BRICs and beyond

New Zealand dairy giant Fonterra and Chinese baby food maker Beingmate are to form a joint venture to try to capitalise on the exponential growth of the Chinese infant formula sector. With each partner bringing something very different to the table, Katy Askew suggests the new entity is well-placed to leverage the strengths of both.

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