Financials: Latest news and analysis articles
The global food industry will continue to double-down on cutting operating costs during 2017 in the face of rising input expenses and an inc...
A seismic shift in the US consumer landscape has redefined the country's food market in recent years, challenging so-called Big Food and mak...
General Mills disappointed the market this week (20 December) when the US group lowered its full-year revenue outlook on the back of a 7.1%...
Danone surprised the market on Monday (19 December) with a warning on its full-year sales. In more positive news, the French giant also said...
Much of the investor commentary around Associated British Foods can focus on Primark, with the UK-based clothing retailer the largest of the conglomerate's divisions by sales and its most profitable when looking at operating margin. That largely rang true yesterday when ABF reported its annual results but Dean Best caught up with John Bason, the Kingsmill maker's finance director, to discuss how the company's grocery operations had performed, its recent disposal of assets in the US and the impact Brexit could have on the grocery chunk of the business.
UK Prime Minister Theresa May has said the formal two-year process for the UK to leave the EU will begin in a little over five months. Ian Wright, director general of the Food and Drink Federation, the industry association representing food manufacturers operating in the UK, spoke with Ben Cooper about the immediate instability the vote for Brexit has caused and his longer-term outlook for the UK food sector.
Swiss chocolate group Lindt & Sprüngli revealed today (17 January) its sales accelerated in the second half of 2016, enabling it to deliver a 6.8% increase in revenue.
Avril Group, the French agrifood business, is investing more than EUR21m (US$22.3m) in modernising and developing the production facility and research centre of its Lesieur arm in Coudekerque, northern France, which is dedicated to table oils and condiments.
The European Bank for Reconstruction and Development is to provide EUR10m (US$10.6m) in long-term financing to Athens-listed Greek flour business Loulis Mills – the bank's first transaction in the agribusiness sector in Greece.
Philippines-based food and beverage group Universal Robina Corp. has booked an increase in annual earnings.
Meat processor HKScan has said it now expects a sharper decline in 2016 operating profit than previously suggested.
Associated British Foods said today (12 January) its grocery brands made "further margin progress" in the UK group's first quarter.
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in recent days for you to get you teeth into before then.
Rabobank's annual league table of the world's largest dairy companies has been released - and the data underlines what a challenging market it has been in recent months.
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