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Post raised the lower end of its view for the yearUS: Post Holdings H1 earnings slide

13 May 2013

Post Holdings saw its earnings slide in the first half of the year as the US cereal maker reported higher input costs.

The week ahead - Sainsbury's FY results, Tyson H1, Mondelez Q1

3 May 2013

First-quarter results continue to come in next week, with Cadbury owner Mondelez International among the companies reporting numbers to the end of March. Elsewhere, US meat giant Tyson Foods will file half-year figures and UK grocer Sainsbury's will report annual numbers.

US: Ralcorp hits ConAgra bottom line but core profits up

3 April 2013

Costs related to ConAgra Foods' acquisition of US peer Ralcorp Holdings hit its bottom line in the third quarter of its financial year - although the company insisted underlying profits were up.

just-food confidence survey: M&A appetite grows but will deals be done?

2 April 2013

just-food's industry confidence survey for 2013 indicated an increased appetite for M&A this year after what some saw, globally, as a lacklustre year in the sector for deals. What lies ahead in the mergers and acquisitions arena over the next few months?

CAGNY: Rodkin bullish about prospects for "unique" ConAgra

19 February 2013

ConAgra Foods chief Gary Rodkin today (19 February) insisted the US food group's mix of consumer brands, own label and B2B businesses offered the company "significant growth opportunities".

US: ConAgra ups FY earnings forecast

19 February 2013

US food group ConAgra Foods has lifted its forecast for annual earnings on the back of its acquisition of private-label group Ralcorp Holdings - and "strong contributions" from the rest of its business.

US: Ralcorp to close NY plants

4 January 2013

Ralcorp Holdings, the own-label group soon to be swallowed by ConAgra Foods, has confirmed it will close two manufacturing plants in New York state.

What the analysts say - ConAgra Foods Q2/H1 numbers

21 December 2012

ConAgra Foods yesterday (20 December) booked a jump in first-half profits and raised its full-year earnings forecast. The growth was a result of a series of small acquisitions made by the US group this year. Analysts gave an overall positive reaction to the results but some were cautious about the outlook for the company, particularly around its plan to buy private-label rival Ralcorp Holdings.

US: ConAgra H1 profit climbs, raises FY outlook

20 December 2012

US food group ConAgra Foods has booked an increase in first-half profits and raised its full-year earnings forecast.

just-food review of 2012: M&A revival but caution hinders big deals

19 December 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

In the spotlight: ConAgra's belief in future of US private label

3 December 2012

ConAgra Foods has said it is "excited" about a deal that will mean it becomes the largest private-label group in the US despite concerns over its ability to grow brands and own label, as well as the long-term prospects of store brands in the US.

US: TreeHouse buys Associated Milk Producers own-label assets

3 December 2012

US private-label group TreeHouse Foods has snapped up cheese and pudding assets owned by dairy co-op Associated Milk Producers.

Editor's choice: the highlights on just-food last week

3 December 2012

ConAgra Foods' deal to buy US private-label group Ralcorp Holdings last week added some spice to a pedestrian year for M&A. Staying with acquisitions in the US, Hostess Brands said it had received more than 100 bids for its assets. In Europe, Dutch retailer Ahold said it would up its cost cuts, with a focus on sourcing and promos. And in the UK, leading grocers signed up to a new code of special offers.

Quote, unquote: just-food's week in words

3 December 2012

Last week, just-food spoke with ConAgra's president of sales Doug Knudsen in the wake of the company's deal to acquire Ralcorp. Other deals this week have included the purchase of Metro Group's eastern European operations by Auchan, while Ahold outlined progress on its "six strategic pillars" strategy at its Capital Markets day in the US.

US: Branded cereal firm Post to launch own-label lines

30 November 2012

US branded cereal business Post Holdings has revealed it is developing own-label lines.

US: Q4 sales boost fails to help FY profits at cereal firm Post

29 November 2012

An increase in fourth-quarter sales did not stop US cereal group Post Holdings reported a fall in underlying annual profits as costs ate into its bottom line.

Interview: ConAgra sales chief Knudsen on Ralcorp deal

28 November 2012

ConAgra Foods will become the largest own-label firm in the US with an acquisition of Ralcorp Holdings but there are concerns over whether it can manage brands and private label. There are also questions over the potential private label has for further growth in the US. Doug Knudsen, president of sales at ConAgra, tells Dean Best why the company is upbeat about the deal, its ability to grow brands and own label and the private label sector.

UPDATE: US: ConAgra CEO Rodkin touts benefits of Ralcorp deal

27 November 2012

ConAgra Foods CEO Gary Rodkin today (27 November) claimed the US food group's planned acquisition of private-label rival Ralcorp Holdings will put the company "front-of-centre" with retailers in North America.

US: ConAgra to buy long-time target Ralcorp Holdings

27 November 2012

ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year.

Timeline: The story of ConAgra's pursuit of Ralcorp

27 November 2012

This morning (27 November) saw the announcement that ConAgra Foods finally acquired US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year.

just the facts - ConAgra Foods and Ralcorp

27 November 2012

ConAgra Foods this morning (27 November) announced it has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year.

US: Ralcorp reports FY profit alongside ConAgra bid

27 November 2012

US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year.

US: Snyder's-Lance "in talks to sell own-label unit"

16 November 2012

US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista.

US: Post Holdings Q3 profits climb

10 August 2012

US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year.

On the money: Ralcorp believes volumes will improve

9 August 2012

US private-label food group Ralcorp Holdings has said it expects to see volume trends improve after recording a 6% decline in its third quarter.

US: Sales, hedging gain boost Ralcorp Q3 profits

8 August 2012

US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts.

US: Ralcorp to consolidate units to cut costs

1 August 2012

US private-label food group Ralcorp Holdings plans to bring its subsidiaries together to save money and drive "sustainable" growth.

US: Ralcorp cereal exec Wilkinson to retire

4 July 2012

Ron Wilkinson, president of Ralcorp Holdings' own-label cereal business, plans to leave the US food company.

Editor's choice: the highlights on just-food last week

25 June 2012

The top stories on just-food this week had a distinctly French flavour. Danone issued a profit warning, with Spain's problems affecting the Activia maker. Meanwhile, French retail giant Carrefour's new CEO Georges Plassat made his first public appearance since taking the job, with the industry keen to hear how he planned to revitalise the world's second-largest retailer.

US: Ralcorp's Gelit purchase for benefit of US operations - analysts

19 June 2012

Ralcorp Holdings' motive for tits purchase of Italian private-label frozen ready meals maker Gelit may have been to gain access to alternative channels in the US, according to analysts.

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