Food companies in developed markets are increasingly looking to cash in on the potential offered by high-growth emerging markets. But as dat...
UK pork group Cranswick has said it is open to making more acquisitions and will continue to chase opportunities for growth in a bid to deve...
UK pork group Cranswick this morning (20 April) booked an increase in adjusted annual earnings and in sales. Profits exceeded analysts' expectations. Overall, analysts offered a positive review of the results.
UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.
Boparan Holdings, the parent company of 2 Sisters Food Group, has continued its drive to rapidly expand its footprint with the announcement that it has acquired the remaining Vion meat businesses in the UK. Katy Askew takes a look at how ambitious 2 Sisters hopes to succeed in a market where Vion struggled.
Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals raise the question of whether this is a temporary blip or a long-term structural decline.
UK pork processor Cranswick processes one-quarter of pigs reared in the country - and the company has ambitions to increase its throughput further still. As we heard in part one of the just-food interview, Cranswick is driving domestic growth through a focus on innovation. It also has an eye on overseas expansion with strong export growth helping to propel sales expansion. Chief executive Adam Couch spoke to just-food about Cranswick's drive to raise production levels and increase exports.
UK pork processor Cranswick has grown sales over the past year through some significant contract wins and adjustments to its product mix. The company has also successfully negotiated higher prices despite weak economic sentiment and fierce competition between the country's largest retailers. One of the keys to Cranswick's success has been innovation to keep its product portfolio relevant, CEO Adam Couch told just-food in part one of the just-food interview.
UK meat processor Cranswick has reported a rise in revenues for the third quarter.
Cranswick, the UK food processor, has added to its range of branded meat products on sale in its domestic market with the launch of cooked meats brand Welly.
Half-year profits at UK meat processor Cranswick have jumped on the back of underlying sales growth, last year's acquisition of poultry group Benson Park and a tighter focus on costs.
Cranswick, the UK-based meat processor, today (1 October) reported a 10% rise in first-half revenue, with sales accelerating in the second quarter of its financial year.
The results announced this week included improving sales and profits at Yakult, better earnings but lower sales at US poultry group Pilgrim's Pride and growth at Mexican dairy processor Grupo Lala.
South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.
Pork processor Cranswick has seen a sales increase in the fourth quarter of the year as a result of lower input prices being passed on to customers.
Cranswick's third-quarter revenue was "marginally ahead" of last year despite lower pricing in what remained a "competitive" environment.
UK pork processor Cranswick reported higher underlying profit but a dip in reported earnings for the first half of the year.
UK pork processor Cranswick has expanded its presence in the UK poultry category through the acquisition of premium cooked poultry firm Benson Park.
UK pork group Cranswick insisted this morning (6 October) it is well "well-placed to deliver further growth" in what remain "competitive" markets, despite a dip in second-quarter sales.
UK sausage maker Heck Foods wants to become the leading producer of upmarket bangers in the country, the private-equity firm that has become a minority investor in the company has said.
UK meat supplier Cranswick today (28 July) reported trading in its first quarter had been in line with the company's expectations.
Japan's Mizkan Group got out the chequebook again this week, with the acquisition of Unilever's North American pasta sauces business. The deal followed its 2012 purchases of brands including Branston and Haywards from Premier Foods in the UK. Elsewhere, we ran interviews with the CEOs of UK pork processor and dairy group Adams Foods.
This week saw further evidence of the growing international focus evident from Japanese food powerhouses who are being forced to look overseas for growth to offset weak consumption trends at home when Japan's Mizkan purchased Ragu and Bertolli from Unilever.
Cranswick, the UK pork processor, is looking to grow its export business, with plans to target markets in Asia with more premium products.
UK meat group Cranswick saw off the challenge of rising pork prices to book expectation-beating full-year profits this morning (19 May).
UK meat products supplier Cranswick today (7 April) met City expectations with higher annual sales but a fall in operating margins amid "record" input costs.
Cranswick has booked a 14% increase in third-quarter revenues, driven by like-for-like gains and strong demand for pork products in the UK.
UK pork processor Cranswick saw its earnings and sales climb in the first half of its financial year, boosted by new products and customers.
UK pork processor Cranswick today (7 October) said it managed to record "strong" sales growth in the first half, despite the "challenge" of raw material price inflation.
Tesco has said it is "extremely disappointed" over the discovery that a pork loin product it labelled as British sourced may have originated from the Netherlands.
Western Australia is strengthening its ties to China via the food industry.
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