Food makers present at CAGNY 2010
The latest news and views from the year's key analyst conference in the US
Concern over consumers centre-stage at CAGNY
15 February 2010
With north-eastern parts of the US covered in snow, and more snow forecast for south-east England this week, a few days in Florida holds a certain appeal.
CAGNY: Danone reiterates focus on emerging markets
19 February 2010
Danone has reiterated that it intends to focus on emerging and developing markets in 2010 with a target of increasing "consumer penetration" by 50%.
CAGNY: PepsiCo targets Russia for growth
18 February 2010
Snack and beverage giant PepsiCo has targeted Russia as a “window of opportunity” for growth and said it now has plans to “step up several gears” in the country.
CAGNY: Heinz shares rise on “strong” EPS guidance
18 February 2010
Shares in US food group Heinz rose yesterday (17 February) as the firm said it expects to report "very strong" third-quarter earnings per share, helped by improved margins and growth in its emerging markets.
CAGNY: Campbell CEO stresses value of condensed soup push
17 February 2010
Campbell Soup Co. president and CEO Doug Conant today (17 February) underlined the importance of the US food group plans to revamp its condensed soup business.
CAGNY: Bullish Hershey eyes international M&A
17 February 2010
Hershey chief executive Dave West has revealed that the US chocolate maker is "actively" looking at ways to grow its international business through mergers and acquisitions.
CAGNY: Unilever hails "unrivalled strength" in emerging markets
17 February 2010
Anglo-Dutch consumer giant Unilever aims to capitalise on its growth in developing and emerging markets in 2010.
CAGNY: Kellogg eyes international growth
17 February 2010
Kellogg today (17 February) insisted that international expansion was an “exciting growth opportunity” - but insisted that the company would continue to take a slow and steady approach to moves into developing markets.
CAGNY: Kraft details Cadbury integration timetable
16 February 2010
Kraft Foods today (16 February) publicly provided an initial timetable for the integration of Cadbury's operations into its global business.
CAGNY: International to drive General Mills growth
16 February 2010
General Mills has indicated that expansion in markets outside its core domestic operations will drive growth at the US food group over the next five years.
CAGNY: Cost savings to fuel more NPD - ConAgra
16 February 2010
ConAgra Foods is looking to drive sales and earnings growth through removing costs from its supply chain and diverting the cash into the launch of a raft of products, the US food giant said today (16 February).
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