US food group Lancaster Colony has struck a deal to buy sprouted grain bakery products company Angelic Bakehouse.
US flatbread and dressings maker Lancaster Colony today (27 October) booked a slight fall in net sales in the company's first-quarter results, but turned in a 21% increase in operating income - boosted by factors including lower commodity costs.
Lancaster Colony reported higher full-year earnings today (18 August) as the US group's profits were boosted by higher sales and margins.
US flatbread and dressings maker Lancaster Colony has reported higher sales and profits for the first nine months of its financial year.
Lancaster Colony, the US group behind brand including Marzetti salad dressings and Flatout flatbread, has appointed former Kraft Foods Group executive Dave Ciesinski to the new role of president and COO.
Lancaster Colony has reported increased sales and profits for the first half of its financial year, helped by acquisitions and pricing.
Pricing has helped reduce the impact of higher egg costs at Lancaster Colony, which reported increased profits during the first quarter of its financial year.
Lancaster Colony booked an increase in sales today (20 August), supported by organic growth and M&A, but the company's earning growth trailed top line gains.
A busy week for results as the first-quarter reporting season got into full swing. We heard from global food manufacturers as far afield as Latin American and Russia, with the likes of Sigma Alimentos owner Alfa and Cherkizovo Group updating the markets. Here is just-food's weekly financial round up.
Lancaster Colony, a US speciality food maker, has acquired premium flatbread maker Flatout Holdings for approximately US$92m.
Lancaster Colony reported lower first-half earnings as a deterioration in sales mix and higher costs offset top line gains at the pie-to-condiments maker.
Higher costs weighed on Lancaster Colony first-quarter earnings, which fell despite growing sales, the US company revealed today (30 October).
This week, Russia eased off on its Western import ban, announcing a list of products it would allow into the country. Elsewhere, the takeover battle for Chiquita Brands International took a new twist when juice maker Cutrale Group called on the produce giant's shareholders to vote against its planned merger with Fyffes. Meanwhile, German food giant Dr Oetker struck a deal to buy McCain Foods' North American pizza business.
US food group Lancaster Colony today (21 August) booked a fall in annual profits despite higher sales.
US food maker Lancaster Colony has promoted Doug Fell to the position of CFO after John Boylan announced plans to retire.
Lancaster Colony has seen sales and earnings accelerate in the second quarter of its financial year, reversing the negative trends seen in the first quarter.
Lancaster Colony has booked a drop in first-quarter earnings as higher promotional activity hit operating profit at its speciality food business.
US speciality food group Lancaster Colony has booked an increase in annual earnings and said it is "optimistic" for 2014.
A strong product development pipeline has driven sales growth at US speciality food group Lancaster Colony, the company said.
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions.
US food manufacturer Lancaster Colony has recorded an increase in first-quarter profits on the back of higher prices and lower input costs within its speciality food unit.
US food firm Lancaster Colony has added two products to its Sister Schubert's line of rolls.
US food manufacturer Lancaster Colony has booked a drop in full-year profits.
Commodity and freight costs have eaten into quarterly profits at US food manufacturer Lancaster Colony.
Input prices and promotional costs weighed on quarterly profits at US food maker Lancaster Colony.
US consumer goods group Lancaster Colony today (28 October) announced a rise in sales but a fall in net income in the first quarter of its financial year.
US consumer goods group Lancaster Colony has expressed confidence about its growth prospects despite a 7% drop in annual earnings in the last 12 months.
Lancaster Colony has booked a drop in net income for the first nine months of the year, despite rising sales.
T. Marzetti, the speciality food unit of US consumer goods group Lancaster Colony, has launched a line of refrigerated salad dressings.
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