1,153 results in the archive - showing page 1 of 39

On the money: How Greencore is outperforming the UK food market 25 Nov 2014

Column: On the money

Over the last twelve months Irish food group Greencore outperformed the overall food market in UK, its largest market, on the back of its exposure to the faster-growth food-to-go segment and expansion in convenience channels.


Deal or no deal: How a frozen sale makes sense for Kerry 24 Nov 2014

Column: Deal or no deal

Kerry Group is reportedly mulling the sale of its frozen food business. The company has seen strong sales and profit momentum at its ingredients unit but endured a lacklustre performance from the consumer foods side of the business. In this context, it makes sense for the Irish company to pare down peripheral and under-performing areas of Kerry Foods. Katy Askew reports.


In the spotlight: Can BRF deliver on its aggressive growth strategy? 20 Nov 2014

Column: In the spotlight

BRF, the Brazilian meat giant, is undergoing significant change. The company has undertaken a massive behind-the-scenes restructuring drive to streamline its operations and build a structure that will deliver stable returns. BRF has now turned its attention to expansion, setting out an ambitious growth agenda. Can it deliver? Katy Askew investigates.


Editor's viewpoint: Imminent Hostess Brands sale would be surprise 17 Nov 2014

Column: Editor's viewpoint

The private-equity owners of Hostess Brands are, according to reports, mulling a sale, just a year after buying the US snacks business. There is speculation Apollo Global Management and C. Dean Metropoulos are planning for to sell Hostess early next year. However, that looks unlikely.


On the money: Cost-cutting regime paying off for Mondelez 7 Nov 2014

Column: On the money

Mondelez International's work on costs looks to be paying off with the snacks giant seeing its margins improve and lifting its forecast for annual earnings this week. The Cadbury owner is seeing some pressure on sales - particularly in Europe - after lifting prices to offset higher commodity costs but analysts are generally upbeat about the US group's prospects.


Editor's viewpoint: Milk sale makes Dairy Crest takeover target 6 Nov 2014

Column: Editor's viewpoint

Shares in Dairy Crest shot up today (6 November) after the UK dairy group announced a deal to sell its most problematic and under-pressure division - liquid milk. However, it may just be the City was not just reacting to the exit (dependent of course on competition officials approving the transaction) of Dairy Crest from a sector struggling to make money but the fact there could be takeover interest in the leaner company.


Deal or no deal: Should Danone make a play for Mead Johnson? 6 Nov 2014

Column: Deal or no deal

Rumours linking Danone to Mead Johnson have periodically surfaced over the past five years. Much of the rationale justifying such a significant move lies in Danone's strategy in key emerging markets such as China. Following a tie-up with Chinese infant formula maker Yashili International Holdings it would seem Danone is intent on developing strategic partnerships with local players to foster growth. But would a big-bang acquisition make more sense? Katy Askew reports.


On the money: Kellogg stands firm on cereal plans 3 Nov 2014

Column: On the money

"There is no quick fix in this business," Kellogg CEO John Bryant conceded last week after reporting another challenging quarter for the US group's breakfast cereal business. However, with sales still under pressure, analysts are asking why Kellogg should be investing more in cereal than it is in snacks.


Editor's viewpoint: United Biscuits sees Yildiz head West again 3 Nov 2014

Column: Editor's viewpoint

Yildiz Holding today (3 November) announced it had won the race to buy UK-based biscuit maker United Biscuits. In doing so, the privately-owned Turkish food group has moved once more to buy a major Western food brand.


Sustainability Watch: Roberto Ciati, Barilla 29 Oct 2014

Column: Sustainability Watch

Large publicly-owned multinationals, such as Unilever and PepsiCo, are widely praised for showing leadership in corporate sustainability. In this month's Sustainability Watch, Roberto Ciati, sustainability director at Italian pasta, sauces and baked goods group Barilla, discusses how private, family ownership can inform a progressive approach to sustainability.


Editor's viewpoint: Short-termism decides Chiquita's future 27 Oct 2014

Column: Editor's viewpoint

The imminent sale of Chiquita Brands International, the US produce giant, shows how different investment horizons can manifest on a company's share roster - and decide a business's future.


Editor's viewpoint: Chiquita right to stand firm 20 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.


Sustainability Watch: Deanna Bratter, WhiteWave Foods 17 Sep 2014

Column: Sustainability Watch

WhiteWave Foods, the US-based organic and natural foods specialist, was spun off from dairy giant Dean Foods last year. Deanna Bratter, senior manager of corporate sustainability at WhiteWave, spoke with Ben Cooper about the company's approach to sustainability as an independent operation.


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.

Next >