UK: Dairy Crest adjusted profits rise in "transformational year"

UK: Dairy Crest adjusted profits rise in "transformational year"

Dairy Crest booked a 7% increase in full-year adjusted earnings this morning (23 May), as the UK dairy firm hailed a "transformational year" that saw it pay down debt and refocus on its domestic market.

UK: Morrisons shares slide on shareholder "sell-off"

UK: Morrisons shares slide on shareholder "sell-off"

Shares in supermarket group Morrisons have fallen on reports that investor Walter Scott has sold around 100m shares in the UK grocer.

CAMEROON: Ferrero eyes Cameroon cocoa development

CAMEROON: Ferrero eyes Cameroon cocoa development

Italian confectioner Ferrero has said it is looking at development opportunities in Cameroon.

On the money: Work to boost business showing, says Post

On the money: Work to boost business showing, says Post

US breakfast cereal firm Post Holdings has insisted its work to make its business more "reliable" are starting to show despite mixed first-half results.

Consuming issues - GM debate comes down to question of trust

Consuming issues - GM debate comes down to question of trust

The GM debate has re-emerged in the UK in the last couple of weeks with the news four major supermarket operators will allow their suppliers to use GM feed for poultry and eggs.

Best bits: Ella

Best bits: Ella's Kitchen is Hain's most promising UK buy

US manufacturer Hain Celestial has struck again across the pond. And its latest acquisition in the UK seems to be the one with most potential, writes Dean Best.

just-food

just-food's research round-up: Baby food in central Europe, biscuits in India

The latest batch of reports from the just-food research store includes baby food markets in central Europe, biscuits in India, and UK bread production.


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UK: Dairy Crest adjusted profits rise in "transformational year"

23 May 2013

Dairy Crest booked a 7% increase in full-year adjusted earnings this morning (23 May), as the UK dairy firm hailed a "transformational year" that saw it pay down debt and refocus on its domestic market.

UK: Waitrose plays down "Price Ocado rebuff"

23 May 2013

Waitrose has sought to play down claims MD Mark Price has refused to meet Ocado counterpart Tim Steiner after the online specialist's deal with Morrisons.

FRANCE: Carrefour sells stake in Majid Al Futtaim JV

23 May 2013

Carrefour has sold its stake in its venture with Dubai-based group Majid Al Futtaim - but said the franchise deal between the two companies will be expanded.

 

On the money: Campbell looks to "faster-growing" markets for M&A

US food firm Campbell Soup Co. has said it can find international M&A opportunities to gain access to markets that will be benefit the business in the long term.

Hot issue

Danone tries to crack China yoghurt market again

Danone tries to crack China yoghurt market again

The French food giant is launching its third attempt to tap into booming demand in China for yoghurt. It has teamed up with local dairy group Mengniu, a business with which it had a venture in 2007 that lasted a year.

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Danone, facing challenges in European dairy, has stepped up expansion in faster-growing markets and categories

Best bits: Danone steps up investment in future growth

In recent months, Danone has come under scrutiny for the performance of its fresh dairy operations in Europe. However, in spite of - or perhaps because of - the work needed to turn that business around, the French food giant appears to be stepping up expansion in faster-growing markets and categories.

Read more here / View all comments

 

Interview: Amy's Kitchen sets out international mission

Amy's Kitchen, the US frozen-food, organic and free-from business, is a quarter of a century old this year but there is a passion - almost a sense of mission - one would normally associate with a start-up. Dean Best spoke to co-owner Amy Berliner and European commercial director Damien Threadgold.

Recent hot issues

Morrisons and Ocado announce online JV as Waitrose studies deal

Morrisons and Ocado announce online JV as Waitrose studies deal

After months of talks, Morrisons has announced plans to launch an online grocery service through a venture with specialist Ocado. Waitrose, which already has a partnership with Ocado, is studying the deal closely.


View all hot issues

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Deal or no deal: UK crisp firm Tyrrells could attract snack majors

23 May 2013

Private-equity firm Langholm Capital was this week reported to have put UK crisp group Tyrrells on the market. Langholm has declined to comment on the reports but the investment firm are said to have put a GBP100m (US$151.9m) price tag on the company.

BRICs and beyond: Hard-headed Danone makes fresh China yoghurt foray

22 May 2013

Danone is to make another attempt to tap into the booming demand for fresh dairy products in China. The French food group is teaming up with Chinese dairy giant Mengniu, the largest yoghurt producer in the country. However, the two companies' previous attempt as a venture ended after just a year. Can Danone succeed this time? Dean Best reports.

On the money: Greencore confident on EPS despite tough UK trading

21 May 2013

Greencore has insisted it remains "confident" of meeting City expectations of higher earnings despite the prospect of "tough" UK trading conditions for the remainder of the year.

On the money: M&S upbeat on Simply Food c-store prospects

21 May 2013

Marks and Spencer is eyeing further expansion of its Simply Food convenience store network, the UK retailer told just-food today (21 May).

On the money: Campbell looks to "faster-growing" markets for M&A

21 May 2013

US food firm Campbell Soup Co. has said it can find international M&A opportunities to gain access to markets that will be benefit the business in the long term.

What the analysts say: Greencore reports "solid" H1 results

21 May 2013

Convenience food group Greencore this morning (21 May) booked an increase in first-half earnings but warned about "tough" UK market conditions for the remainder of the year. Analysts offered an overall positive view of the results, despite the cautious outlook by the group.

On the money: UK pork group Cranswick open to more acquisitions

20 May 2013

UK pork group Cranswick has said it is open to making more acquisitions and will continue to chase opportunities for growth in a bid to develop the business further.

Best bits: Danone steps up investment in future growth

20 May 2013

In recent months, Danone has come under scrutiny for the performance of its fresh dairy operations in Europe. However, in spite of - or perhaps because of - the work needed to turn that business around, the French food giant appears to be stepping up expansion in faster-growing markets and categories.

What the analysts say: UK meat group Cranswick reports "positive" FY

20 May 2013

UK pork group Cranswick this morning (20 April) booked an increase in adjusted annual earnings and in sales. Profits exceeded analysts' expectations. Overall, analysts offered a positive review of the results.

 

In the spotlight: Wrigley wins FDA plaudits amid caffeine scrutiny

At first it appeared the villain of the piece when its Alert gum prompted an FDA review of caffeine in foods. However, the regulator subsequently praised Wrigley for showing "leadership" when it halted production. So far, no other companies have shown that level of support for the FDA's move.

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