Latest food news & analysis in Emerging Markets
Poland-based food and drink group Maspex has grown to become one of the sector's largest companies in central and eastern Europe. A move in...
Consumer goods conglomerate Hindustan Unilever is changing the operating model of its business-to-consumer direct sales arm in India, Hindus...
Brazilian protein group Marfrig surprised the market yesterday (15 January) with the announcement CEO Sergio Rial will stand down. Rial was...
Britannia Industries last week claimed to be the first biscuit company in India to launch an online-exclusive product before it hit retail s...
Brazilian food group BRF is working to an ambitious agenda. The company is bent on expanding as a global food manufacturer operating in the protein space. However, eking out growth in stagnant developed markets such as Europe can prove somewhat problematic. At this year's SIAL trade show in Paris, Katy Askew spoke to Europe CEO Roberto Banfi to find out how the company plans to meet this challenge.
As we heard in part one of the just-food interview, BRF has undergone a far-reaching restructuring process that, it believes, will deliver a more stable margin structure. The company is now moving to a new phase of growth as this stable foundation enables it to ramp up top-line expansion at home and overseas. Katy Askew speaks to BRF chief financial officer Augusto Ribeiro to find out more.
BRF, the Brazilian meat giant, booked a 56.4% jump in 2014 operating earnings thanks to improved efficiency.
Mexican bakery giant Grupo Bimbo today (27 February) reported a fourth-quarter loss on the back of pension charges and restructuring costs in the US - although sales grew in the last three months of the year.
Grupo Lala, the Mexican dairy firm, said new products, a higher proportion of value-added sales and pricing helped lift both sales and earnings in 2014.
YuanShengTai Dairy Farm has said it expects to book a 90% increase in net profit for 2014.
Mexican baker Gruma saw 2014 profit jump thanks to strengthened margins, favourable foreign exchange headwinds and the proceeds from the sale of its wheat flour operations.
Croatian food-to-pharma group Podravka is looking to start selling products in China through new local offices by the third quarter of the year.
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