Smart Balance - food industry company news 
US: Smart Balance "streamlines" senior team
9 January 2012
US health food firm Smart Balance has "streamlined" its senior management team with a series of moves, including the departure of its CFO.
Quote, unquote: just-food's week in words
5 August 2011
This week, Kraft announced plans to split the company in two, while speculation continued that Unilever might sell-off its food division. Meanwhile, Premier Foods booked what it described as a "poor" first-half and Smart Balance acquired gluten-free manufacturer Glutino. Here's the best of what was said this week:
UPDATE: US: Smart Balance plans gluten-free drive with Glutino
4 August 2011
The CEO of Smart Balance today (4 August) outlined the opportunity the US health food company sees in the gluten-free category following its acquisition of Canadian firm Glutino Food Group.
US: Smart Balance ups FY sales, profits targets
4 August 2011
Smart Balance today (4 August) upped its full-year sales and earnings forecasts after it swung into the black in the first half of the year and acquired Canadian gluten-free firm Glutino Food Group.
US/CANADA: Smart Balance snaps up Glutino Food Group
4 August 2011
US health food manufacturer Smart Balance has struck a US$66.3m deal to acquire Canadian gluten-free food firm Glutino Food Group.
US: Smart Balance appoints two executives to its board
6 July 2011
US health food manufacturer Smart Balance has appointed an advisor to private-equity firm Oaktree Capital Management to its board.
US: Smart Balance Q1 net profit up despite sales decline
5 May 2011
US food manufacturer Smart Balance said that first-quarter net profit was up despite sales being hit by the timing of Easter, the discontinuation of sour cream and higher promotional spending.
US: Smart Balance underlying FY profits rise as Q4 sales quicken
25 February 2011
Smart Balance, the US maker of "heart healthy" food products, has posted a rise in underlying profits for 2010, helped by accelerating sales in the fourth quarter of the year.
US: Smart Balance launches lactose-free milk product
5 October 2010
US food group Smart Balance has introduced a lactose-free, fat free and enhanced calcium milk product called Smart Balance Lactose-Free Fat Free and Calcium milk.
US: Smart Balance posts H1 net loss
6 August 2010
US food group Smart Balance has reaffirmed its full-year outlook despite recording a net loss for the first six months of the year.
US: Smart Balance to launch organic soy milk
27 July 2010
Smart Balance has announced its entry into the US organic soy milk category with the launch of Earth Balance Organic Soymilk.
US: Smart Balance slashes full-year targets
15 June 2010
Smart Balance has cut its outlook for the year, saying the past two months have been "particularly challenging".
US: Smart Balance earnings improve, sales slow
25 February 2010
Smart Balance, a US firm making "heart-healthy" foods, said today (25 February) that it had seen earnings improve during the last quarter of 2009 - but promotions and a dip in volumes weighed on sales.
US: Smart Balance to launch share buyback
17 December 2009
The board of Smart Balance, the US maker of "heart healthy" foods, has authorised a two-year share buyback programme of up to US$25m.
US: Smart Balance to develop Bestlife products
17 November 2009
Smart Balance, the US maker of "heart healthy" foods, has signed a global agreement with the Best Life Corporation to develop a Bestlife brand for the US market.
US: Smart Balance swings to third-quarter profit
5 November 2009
Smart Balance, the US maker of "heart healthy" foods, swung to a profit for the third-quarter today.
US: Rising sales pushes Smart Balance into profit
6 August 2009
US food group Smart Balance has swung to a second-quarter profit on the back of rising sales, the company said today (6 August).
US: Smart Balance Q1 profits up on low interest
8 May 2009
Smart Balance, the US maker of "heart healthy" foods, posted an increase in first-quarter net profit today (8 May) boosted by operating income gains and lower interest.
US: Smart Balance Q4 losses narrow
27 February 2009
Smart Balance, the US maker of "heart healthy" foods, narrowed its loss in the fourth quarter as a result of higher pricing and the elimination of some expenses.
US: Smart Balance enjoys healthy Q3 sales jump
7 November 2008
Smart Balance, the US maker of “heart healthy” foods, has posted a jump in third-quarter sales on the back of higher volumes and price hikes.
US: Two more appointments at Smart Balance
25 January 2008
Smart Balance, one of the five fastest-growing food companies in the US, has announced two key executive appointments.
US: Executive moves at Smart Balance
10 January 2008
Smart Balance, one of the five fastest-growing food companies in the US, have announced several key executive appointments.
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