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Edmond Scanlon to replace Stan McCarthy as Kerry Group CEO

Kerry Group has announced Edmond Scanlon, the head of the ingredients and packaged food company's operations in Asia Pacific, will replace S...

UK food and drink exports hit new record

The value of UK food and drink exports grew by 10.5% in 2016 to a record of more than GBP20bn (US$24.8) as manufacturers "responded to rapid...

Britannia Industries inks MoU with Greece's Chipita over JV

Indian biscuit maker Britannia Industries has signed a "non-binding memorandum of understanding" with Greek cake-to-croissant maker Chipita...

Hungary bid to restart poultry exports to Japan, boost food trade

Hungary has signed an agreement that paves the way for a resumption of poultry product exports to Japan "within a very short space of time",...

Recent news

Edmond Scanlon to replace Stan McCarthy as Kerry Group CEO 21 Feb 2017

Dean Best

Kerry Group has announced Edmond Scanlon, the head of the ingredients and packaged food company's operations in Asia Pacific, will replace Stan McCarthy as CEO.


UK food and drink exports hit new record 21 Feb 2017

John Shepherd

The value of UK food and drink exports grew by 10.5% in 2016 to a record of more than GBP20bn (US$24.8) as manufacturers "responded to rapid growth in demand for quality produce", according to new figures from UK industry association the Food and Drink Federation (FDF).


Britannia Industries inks MoU with Greece's Chipita over JV 21 Feb 2017

Katy Askew

Indian biscuit maker Britannia Industries has signed a "non-binding memorandum of understanding" with Greek cake-to-croissant maker Chipita that could lead to a joint venture between the two companies.


Smucker cuts FY sales forecast 21 Feb 2017

Dean Best

US food, coffee and pet food group J.M. Smucker has lowered its forecast for annual sales after a 5% drop in its top line in its third quarter.


Fresh Del Monte 2016 earnings surge despite sales dip 21 Feb 2017

Katy Askew

Fresh Del Monte Produce today (21 February) booked a jump in profits for 2016 on the back of lower costs and higher selling prices within its banana divsion. 


Kerry operating earnings strengthen despite sluggish sales 21 Feb 2017

Katy Askew

Irish ingredients-to-foods manufacturer Kerry Group booked an increase in profitability today (21 February) as the company shrugged off top line softness in its consumer foods division. 


Ulker Biskuvi eyes purchase of United Biscuits Saudi unit 21 Feb 2017

Dean Best

Ülker Bisküvi is in talks to take on a business in Saudi Arabia owned by United Biscuits, one of the Turkey-based snacks group's sister companies under the ownership of Yildiz Holding.


Thai Union net profit stable on cost control 21 Feb 2017

Katy Askew

Seafood processor Thai Union said that it was able to maintain "stable" net profit in 2016 thanks to "stringent" cost controls that offset higher prices for salmon and tuna. 


Leroy Seafood sees "record" 2016 21 Feb 2017

Katy Askew

Lerøy Seafood Group said today (21 February) that it saw "record" sales and operating profit during 2016. 


Podravka aims to "double" revenue by 2021  21 Feb 2017

Katy Askew

Podravka, the Croatia-based consumer goods group, had revealed an aim to "double" its revenue by 2021 as it booked higher sales and earnings for 2016.


Saputo lifts Warrnambool Cheese and Butter Factory buy-out offer 21 Feb 2017

Dean Best

Saputo has raised its offer to minority shareholders in Warrnambool Cheese and Butter Factory, the Australian firm in which the Canada-based dairy group, holds a majority stake.


Smithfield launches Pure Farms antibiotic-free pork 21 Feb 2017

Katy Askew

US meat processor Smithfield Foods has launched an antibiotic-free line of fresh pork products under its Pure Farms brand. 


Vita Coco launches first milk alternative product in UK 21 Feb 2017

John Shepherd

Coconut water business Vita Coco is launching its first dairy alternative in the UK.


Hungary bid to restart poultry exports to Japan, boost food trade 20 Feb 2017

John Shepherd

Hungary has signed an agreement that paves the way for a resumption of poultry product exports to Japan "within a very short space of time", after exports were temporarily blocked over avian flu concerns.


Kraft Heinz pulls Unilever bid  20 Feb 2017

Katy Askew

Kraft Heinz has pulled its GBP112bn (US$139.1bn) takeover bid for consumer goods giant Unilever. 


Hungary's Alfoldi Tej expanding dairy production ahead of China exports 20 Feb 2017

John Shepherd

Hungarian dairy Alföldi Tej is developing a new processing plant at its site in Debrecen to expand manufacturing including supplying products to China under a new export deal.


Kerry Group staff in Ireland suspend strike action 20 Feb 2017

John Shepherd

Union leaders say strike action at Ireland-based Kerry Group, in a dispute centred on the production of the firm's Cheestrings product, has been suspended after the company agreed to new conciliation talks.


Maruha Nichiro books earnings surge  20 Feb 2017

Katy Askew

Japan's Maruha Nichiro revealed a surge in third quarter earnings despite lower sales during the period. 


Prabhat sees earnings rise  20 Feb 2017

Katy Askew

Indian dairy group Prabhat Dairy has booked an increase in earnings during the first nine months of its financial year. 


General Mills issues profit warning  17 Feb 2017

Katy Askew

General Mills has cut its full-year sales and earnings outlook for the 12 months to end-May. 


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