Diamond Foods expects to return to profitability in its new financial year, pointing to the benefit of an on-trend product portfolio in the...
A quiet week for financial updates as results season winds down, with Diamond Foods, Sainsbury's and Smithfield preparing to issue updates....
Diamond Foods has insisted it continues to make good progress on its turnaround plan, despite booking a mixed set of results that saw the to...
Arca Continental's decision to acquire US-based Wise Foods and Ecuadorian snacks firm Inalecsa could come as a surprise, given that the Coca...
The last 12 months have been a busy period for US snack maker Diamond Foods with the purchase of Kettle Foods, several product launches and inked plans for expansion.
This week Tesco found itself under more scrutiny after it overstated expected profits for the first half of the year by GBP250m. Fonterra and Diamond Foods both reported a slump in annual profits but were optimistic about their prospects. Elsewhere Fyffes, Chiquita and Cutrale and Safra continued to go at each other as the former two announced a revised deal for shareholders if they were to merge. Here is the week in quotes.
Diamond Foods reported improved earnings trends throughout fiscal 2014, with losses growing progressively narrower over the course of the year.
This week, Unilever announced the sale of Slim-Fast to Kainos Capital. Abbott and Fonterra announced a partnership to create a dairy farm hub in China and Marfrig revealed plans to investment of GBP170m into Moy Park. We also looked at why firms are queueing up to invest in Egypt and looked at the global growth of the halal food sector. Here is the week in quotes.
US snack maker Diamond Foods has decided to take its Kettle brand into its domestic popcorn sector.
Refinancing charges hit Diamond Foods bottom line with the Kettle Foods maker posting a higher loss of US$105.6m in its third quarter.
- How Windsor buy is part of Ajinomoto's global push
- Focus: Fonterra's bid to weather dairy volatility
- On the money: Diamond's faith in on-trend range
- Industry awaits WHO reply on beefed-up ad pledges
- Focus: Does size matter for Thai Union Frozen?
- Nestle forms new unit to "leverage scale"
- Kerry, Premier team up on frozen NPD in UK
- Nestle sells baby food brands Alete, Milasan
- PepsiCo eyes Middle East growth with R&D centre
- Aryzta profits rise on M&A