On the money

On the money

Food companies discuss and dissect their latest results.

On the money: Analysts hail Tyson Q1 despite profit slump

7 February 2012

Tyson Foods managed to garner the support of analysts on the release of its first-quarter results, beating estimates despite continued high feed costs.

On the money: Kellogg warns European profits could fall again in 2012

6 February 2012

US cereal giant Kellogg has warned the profits from its European operations could fall again this year amid the challenging economic environment on the Continent.

On the money: Hain Celestial eyes global growth opportunities

2 February 2012

The CEO of Hain Celestial has told analysts that the US food company will look to make more acquisitions this year, in the US and Asia.

On the money: Food volumes will fall again in 2012, says Sainsbury's

11 January 2012

Sainsbury's chief executive Justin King has predicted that food sales volumes will fall again in the UK in 2012 despite signs that commodity costs could be easing.

On the money: M&S food shines but uncertainty remains

11 January 2012

Food helped Marks and Spencer enjoy a sales jump in its third quarter but some market observers fear a post-Christmas hangover.

On the money: Trading to remain tough in 2012 - Morrisons

9 January 2012

Senior Morrisons executives have expressed caution about the prospects for UK food retailers in 2012.

On the money: Analysts divided over Ocado outlook

19 December 2011

Analysts are split over the prospects of UK online retailer Ocado, which today (19 December) announced projected profits that were lower than expectations.

On the money: Ralcorp predicts positive Post performance

2 December 2011

Executives at Ralcorp Holdings remain confident about the future of branded cereal business Post, despite company-wide annual losses of US$187m.

On the money: Heinz upbeat on Europe despite volume drop

22 November 2011

HJ Heinz chief executive Bill Johnson has said he feels "pretty good" about the US food maker's prospects in Europe despite volumes falling in recent months.

On the money: Cranswick quietly sizzles despite tough UK market

14 November 2011

Analysts have commended UK pork supplier Cranswick's first-half performance, especially in light of what one called a "demonstrably difficult" UK marketplace.

On the money: Barry Callebaut turns to emerging markets

11 November 2011

Chocolate manufacturer Barry Callebaut is focusing on emerging markets to maintain its growth in the face of a slowdown in established markets.

On the money: Morrisons ready for growth, coy on Iceland

10 November 2011

Morrisons chief executive Dalton Philips said its offering to cash-strapped consumers and the "professional shopper" is behind the supermarket chain's third-quarter growth.

On the money: Sainsbury's aims to shed price perception

9 November 2011

Sainsbury's chief executive Justin King today (9 November) heralded the company's work to alter consumer's perceptions of the supermarket's position on price - but admitted there is still work to do.

On the money: ABF outperform but doubts remain over 2012

9 November 2011

Associated British Foods (ABF) annual results came in ahead of expectations, but analysts have said question marks remain over 2012.

On the money: Metro CEO Cordes "enthusiastic" despite economic strife

4 November 2011

Metro Group CEO Dr Eckhard Cordes said that the company's full-year EBIT target of 10% growth is still achievable, despite economic uncertainty.

On the money: Kraft CEO again forced to defend split

3 November 2011

Kraft Foods chairman and CEO Irene Rosenfeld was again forced to defend the company's plans to split in two after it reported higher quarterly sales and profits.

On the money: City ponders Premier's future

7 October 2011

The City weighed up the future for Premier Foods plc after the UK's largest food maker published another profit warning today (7 October).

On the money: Suppliers could fund price cuts, admits Tesco

6 October 2011

Tesco CEO Philip Clarke has admitted suppliers could be asked to fund the retailer's new promotional strategy.

On the money: Sainsbury's King sanguine about Tesco threat

6 October 2011

Sainsbury's chief executive Justin King has expressed confidence that the retailer can compete with Tesco despite its larger rival's move to revamp its promotional strategy.

On the money: McCormick looks to price hikes to battle costs

30 September 2011

Spice maker McCormick & Co. is looking to increase prices across its consumer and industrial businesses to fight an acceleration in commodity costs.

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