Food giants report 2011 results, provide 2012 outlook
The world's largest food manufacturers are reporting their financial results for 2011, one of the most challenging 12 months in recent years. The companies are also providing an outlook for the year ahead, which promises little respite.
FRANCE: Danone forecasts slower sales growth, flat margins
15 February 2012
Danone has forecast slower sales growth and flat margins for 2012 after the French food giant said it saw no improvement in trading conditions this year.
In the spotlight - PepsiCo's plans beg more questions
10 February 2012
After six months of criticism and speculation, PepsiCo has drawn up plans it believes will drive growth at the company. However, as Michelle Russell writes, although key questions have been answered, the measures have led to more being put to the US food and beverage giant.
US: PepsiCo to cut 8,700 jobs to "drive growth"
9 February 2012
PepsiCo is to cut around 8,700 jobs as part of a wider strategy to cut costs and "drive growth" across the business.
On the money: Kellogg warns European profits could fall again in 2012
6 February 2012
US cereal giant Kellogg has warned the profits from its European operations could fall again this year amid the challenging economic environment on the Continent.
In the spotlight - Question marks over Unilever's food unit return
3 February 2012
Unilever's food division has been under the microscope in recent months, with a series of disposals and growth in many categories slow, lagging behind its more buoyant non-food businesses As Michelle Russell writes, this week, as Unilever reported its 2011 results, the scrutiny returned.
US: Kellogg ends 2011 with "strong" Q4
2 February 2012
Kellogg said today (2 February) it had ended 2011 with a "strong" fourth quarter, in which profits jumped by a quarter, boosted by improved earnings in North America and Asia-Pacific.
UK: Unilever defends food performance after Q4 volume slide
2 February 2012
Unilever CEO Paul Polman has defended the performance of the consumer goods giant's food business after the recent decline in the division's sales volumes accelerated in the last three months of 2011.
US: Hershey 2012 sales, profit growth to exceed targets
1 February 2012
Hershey has forecast that its sales and earnings will grow faster in 2012 than its long-term targets.
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