Parmalat - food industry company news 
ITALY: Parmalat reports mixed Q1 results
14 May 2012
Parmalat has booked a fall in net profit during the first quarter of the year, despite higher sales and EBITDA.
ITALY: Legal costs force Parmalat to review 2011 profits
17 April 2012
Italian dairy giant Parmalat has reduced the net profit it reported for 2011 after legal rulings on cases in Italy and Canada.
ITALY: Costs weigh on Parmalat's earnings
12 March 2012
Italian dairy firm Parmalat has said increased input costs weighed on its earnings in 2011, despite an increase in sales.
2011 in review - M&A activity fails to meet expectations
22 December 2011
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
ITALY: Parmalat sees profit slide in trading update
11 November 2011
Italian dairy giant Parmalat has today (11 November) posted a drop in a trading update for the last nine months.
SWEDEN: Tetra Pak CEO admits dairy consolidation pressure
17 October 2011
Tetra Pak CEO Dennis Jönsson has said the consolidation in the dairy sector is putting new demands on the packaging company.
AUS: Queensland farmers slam "catastrophic" milk price war
6 September 2011
Dairy farmers in the Australian state of Queensland claim the country's retail milk value chain has been devalued by A$77m in 2010/2011 compared to the previous year due to supermarkets' house-brand milk being sold at low prices.
ITALY: Granarolo buys local cheese firm Lat Bri
1 September 2011
Italian dairy company Granarolo has snapped up local cheese maker Lat Bri.
ITALY: Parmalat reduces EBITDA forecast
29 July 2011
Italian dairy group Parmalat has reduced its full-year EBITDA forecast on the back of weak consumer spending.
ITALY: Lactalis veteran Guérin named Parmalat CEO
12 July 2011
Lactalis has named company veteran Yves Guérin as CEO of new Italian acquisition Parmalat.
Best bits: Nestle, Lactalis secure prized deals
11 July 2011
In the last 72 hours, Nestle and Lactalis have struck significant pieces of M&A, writes Dean Best.
UPDATE: FRANCE: Lactalis seals Parmalat takeover
8 July 2011
Lactalis today (8 July) claimed it had become the world's largest maker of dairy products after the French company sealed the takeover of Italian rival Parmalat.
FRANCE/ITALY: Lactalis secures majority stake in Parmalat
8 July 2011
Lactalis, the French dairy company, now owns over half of its Italian rival Parmalat as the EUR3.4bn takeover of the business edges closer.
Editor's choice: the highlights on just-food this week
1 July 2011
The battle for control of Brazil's largest retailer CBD has dominated our retail coverage this week. However, Premier Foods plc's dispute over price with one of the UK's largest grocers, believed to be Tesco, also grabbed our UK headlines - which also featured chocolate maker and retailer Thorntons and its decision to close half its stores.
Quote, unquote: just-food's week in words
1 July 2011
Casino's anger towards the Diniz Group intensified this week as it became clear that its fellow shareholder in CBD had been in talks to merge the Brazilian retailer with the local operations of Carrefour. Meanwhile, Thorntons announced plans to slash its store estate and Premier Foods plc surprised analysts with an unexpected profit warning.
ITALY: Lactalis wins control of Parmalat board
29 June 2011
Lactalis has secured control of the board of takeover target Parmalat, which leaves the French dairy giant in a strong position to buy its Italian rival.
GLOBAL: European M&A drives change in Rabobank dairy poll
28 June 2011
The two major pieces of consolidation in Europe's dairy sector over the last 12 months have driven the main moves in Rabobank's annual survey of the world's largest 20 companies in the sector.
AUS: Woolworths defends NSW own-label milk switch
17 June 2011
Woolworths Ltd, Australia's largest retailer, has defended its decision to switch own-label milk supplies in New South Wales, insisting it was not due to the fierce competition with rival Coles in the sector.
EU: Brussels clears Lactalis's move for Parmalat
14 June 2011
The European Commission has cleared Lactalis's proposed acquisition of fellow dairy group Parmalat.
ITALY: Lactalis accused of low-balling Parmalat offer as tender opens
23 May 2011
French dairy group Lactalis today (23 May) opened its tender offer to acquire all the shares that it does not currently hold in Parmalat.
Editor's choice: highlights on just-food this week
20 May 2011
The abrupt departure of Hershey chief Dave West raised eyebrows this week; what will it mean for the confectionery giant? Elsewhere in the US, General Mills closed its acquisition of a controlling stake in global yoghurt brand Yoplait, an announcement that tied in nicely with the launch of the latest just-food column - Category crunch - which takes an in-depth look at specific food categories around the world.
ITALY: Parmalat turns down Lactalis takeover bid
17 May 2011
Parmalat, the Italian dairy processor, has turned down a bid from largest shareholder and French dairy giant Lactalis to buy the whole of the business.
ITALY: Regulator approves Lactalis bid for Parmalat
13 May 2011
Lactalis has received the approval of Italy's stock market regulator CONSOB for the French dairy giant's takeover bid for local rival Parmalat.
Quote, unquote: just-food's week in words
13 May 2011
Concerns over Sainsbury's margins and the departure of its developmet director Darren Shapland grabbed UK retail headlines this week - as did Haldanes Stores' war of words with The Co-operative Group. Tyson Foods and Dean Foods issued their latest results and Parmalat faced shareholder scrutiny as it prepared to consider the takeover bid from Lactalis.
ITALY: Weaker euro boosts sales, profits at Parmalat
12 May 2011
Italian dairy group Parmalat has reported a 3% rise in first-quarter profits as sales were boosted by higher volumes in Australia and Venezeula and the weakness of the euro.
ITALY: Police raid banks in Lactalis, Parmalat probe - report
11 May 2011
Italian police have reportedly raided banks in a probe into Lactalis's acquisition of a 29% stake in takeover target Parmalat.
Best bits: Premier, PepsiCo, Ralcorp grab attention amid Q1s
3 May 2011
After consecutive four-day weekends here in the UK, this column again arrives on a Tuesday, adding to the 'what-is-the-day-today?' feeling here at just-food Towers today.
ITALY: Goldman Sachs to advise Parmalat on Lactalis bid
3 May 2011
Parmalat said today (3 May) that it had hired Goldman Sachs to advise the company on the EUR3.38bn takeover offer from French rival Lactalis.
ITALY: No domestic bid in offing for Parmalat - report
27 April 2011
Italian companies are reportedly not preparing a counter bid for Parmalat, the country's largest dairy processor, which is subject to a EUR3.4bn takeover offer from France's Lactalis.
FRANCE/ITALY: Lactalis launches full takeover bid for Parmalat
26 April 2011
Lactalis, the French dairy giant, has upped the ante in the battle for Italian rival Paramlat with the announcement this morning (26 April) of a takeover bid for the entire business.
Related research
Parmalat S.p.A. - SWOT Analysis
Datamonitor's Parmalat S.p.A. - SWOT Analysis company profile is the essential source for top-level company data and information. Parmalat S.p.A. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Parmalat S.p.A. (Parmalat or “the group”) is engaged in the production and marketing of milk and dairy products, and fruit-based beverages. Its major markets include North America, Europe and Latin America. It is headquartered in Parma, Italy and employs about 13,788 people. The group recorded revenues of E3,964.8 million (approximately $5,529.4 million) during the financial year ended December 2009 (FY2009), an increase of 1.4% over 2008. The increase in the prices of its products in some of the operating countries accounted for most of the increase in net revenues. The operating profit of the group was E666.8 million (approximately $929.9 million) in FY2009, a decrease of 9.7% over 2008. The net profit was E519 million (approximately $723.8 million) in FY2009, a decrease of 22.9% over 2008.
Parmalat S.p.A. (PLT) - Financial and Strategic Analysis Review
Parmalat S.p.A. (Parmalat) is a leading Ultra-high-temperature processing (UHT) milk and pasteurized milk market segments. The company is engaged in manufacturing and distributing food and beverages. It offers UHT milk, pasteurized milk, condensed milk, powdered milk, flavored milk, yogurt, fermented milk, desserts, cheese, butter, fruit juices, nectars and tea. The company markets its products under global brands such as Parmalat, Santal, Zymil, Fibresse, PhisiCAL, Omega3 and Vaalia, besides a host of strong local brands. Parmalat operates in 17 major countries, across five regions, which include Europe, North America, Central and South America, Australia and South Africa.
Parmalat S.p.A. (PLT) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Parmalat S.p.A. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
