457 results in the archive - showing page 2 of 16

On the money: ConAgra private-label exit is about growth 1 Jul 2015

Column: On the money

ConAgra Foods announced that it will sell off its loss-making private label business yesterday (30 June) in a move that, the company said, will help unlock value for its shareholders. But selling off private brands is about more than offloading an asset that is a challenging turnaround story. New CEO Sean Connolly insists it is about putting ConAgra back on the road to growth. Katy Askew reports.


On the money: Why Dairy Crest needs to offload dairies 21 May 2015

Column: On the money

Dairy Crest chief executive Mark Allen said today (21 May) he is "confident" the group's disposal of its struggling dairies business to Muller Wiseman Dairies will gain competition approval. The group's full-year results, released earlier this morning, show exactly why this sale is vital to Dairy Crest's performance.


On the money: Premier to push on with range revamp 20 May 2015

Column: On the money

Rationalisation of SKUs and innovation will continue to form a big part of Premier Foods plc's focus for 2015, CEO Gavin Darby has said.


On the money: Hershey's long-term confidence on China 24 Apr 2015

Column: On the money

Confectionery giant Hershey saw sales in China come under pressure in the first quarter of 2015, a result of the government crackdown on gifting and macro-economic factors in the country. Hershey does not expect to turn this around soon, but insists it is putting the "right" things in place to secure its long-term growth in China. Hannah Abdulla reports.


On the money: Can Danone build growth in fresh dairy? 20 Feb 2015

Column: On the money

Danone's fresh dairy sales struggled throughout 2014. Nevertheless, as the world's largest dairy manufacturer, the company believes it can lead the category back to growth in stagnant markets like Europe and the US. Katy Askew reports.


On the money: No quick wins for Kellogg 13 Feb 2015

Column: On the money

Kellogg appeared to be getting real yesterday and slashed long-term sales targets, following yet another set of disappointing numbers that suggested the road to recovery for its core cereal category could be a long one.


On the money: PepsiCo managing its way through "volatile market" 11 Feb 2015

Column: On the money

With its exposure to volatile currencies and growing instability in developing countries, PepsiCo saw macro-economic issues weigh on its top-line performance in 2014. Conditions are expected to remain challenging in 2015 but the group remains confident it can continue to manage its way through such headwinds in the year to come. Katy Askew reports.


On the money: Hain Celestial: We feel more upbeat than ever 4 Feb 2015

Column: On the money

Hain Celestial CEO Irwin Simon said today (3 February) the US group had never been so optimistic about its prospects, insisting the company's portfolio can benefit from consumer interest in what they eat.


On the money: Lacklustre sales see Hershey turn to snacking 30 Jan 2015

Column: On the money

"Snacking... and portable snacking is not just short term, this is really a trend and it's becoming a habit," Hershey CEO John Bilbrey said yesterday as the US company announced its full-year results and its move to buy meat jerky brand Krave.


On the money: Premier CEO expects to benefit from rebound at UK supermarkets 23 Jan 2015

Column: On the money

Premier Foods CEO Gavin Darby has predicted the UK food group's brands will be the co-beneficiaries of a rebound at the country's largest supermarkets.


On the money: Unilever: We need to respond faster to consumer trends 20 Jan 2015

Column: On the money

Unilever must respond faster to emerging consumer trends if it is to grow its food brands in a low-growth environment, CEO Paul Polman suggested today (20 January).


On the money: General Mills "priority" categories see share improvement 18 Dec 2014

Column: On the money

General Mills has reported market share growth across its three "priority" categories in the US - cereal, yoghurt and snacks - but sluggish sector sales trends and continuing under-performance from struggling areas of its portfolio continue to hit the group's US retail business.


On the money: Transformed Post Holdings confident about prospects 26 Nov 2014

Column: On the money

Post Holdings has undergone significant change in the last two years through a spate of M&A. While there are questions about the outlook for some of the newly-acquired assets - and for its core cereal business - the US group this week expressed confidence about its outlook.


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.


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.


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.


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.


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.


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.


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.


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.


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.


On the money: Hain Celestial eyes distribution gains, NPD for growth 20 Aug 2014

Column: On the money

Hain Celestial, the US natural and organic food group, has indicated it expects to drive continued organic growth in the coming year - even as it laps tough comparables - by expanding distribution and leveraging its innovation pipeline in the US and internationally.


On the money: Solid Lindt outpaces chocolate peers 19 Aug 2014

Column: On the money

Lindt & Sprungli, the upmarket Swiss chocolate group, today (19 August) underlined why it is a business seen as one of the better performers in the sector.


On the money: Flowers looks to soothe market after forecast cut 13 Aug 2014

Column: On the money

Shares in US bakery group Flowers Foods sank yesterday after it cut its earnings forecast for 2014 - but the company immediately sought to soothe investor concerns by looking to its longer-term prospects.


On the money: Where will acquisitive Saputo find its next M&A target? 5 Aug 2014

Column: On the money

Canadian dairy group Saputo is continuing to examine further M&A opportunities even as it digests recent acquisitions including Australia's Warrnambool Cheese and Butter Factory and the Atlantic Canada fluid-milk business of Scotsburn Cooperative Services. Katy Askew reports.


On the money: Kellogg still struggling with cereal 1 Aug 2014

Column: On the money

Breakfast is still proving to be a challenge for Kellogg, which cut its forecasts for annual sales and earnings after reporting lower revenues and profits for the second quarter.


On the money: Pricing, promos pinch Kraft results 1 Aug 2014

Column: On the money

Kraft Foods Group's moves to up prices on certain products - and a step-up in its promotional activity in other areas - combined to put pressure on the US food company's results in the first half of the year.


On the money: India's ITC sets out FMCG ambition 31 Jul 2014

Column: On the money

Indian conglomerate ITC this week reported losses from its FMCG arm, as well as a slowdown in sales, but the company's has big ambitions for its consumer goods business.


On the money: Unilever NPD shifting food into category growth spots 25 Jul 2014

Column: On the money

Unilever hopes to rejuvenate its lacklustre food sales in developed markets by using innovation to move its brands into the growth spots of its mature categories.

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