Financials: Latest news and analysis articles
Danone's underlying third-quarter sales fell below market expectations amid challenges in China. Regulatory changes in China are weighing on...
The process of zero-based budgeting removes the budget's baseline and requires every cost to be justified. In contrast to other budgeting te...
Zero-based budgeting is essentially a cost-control mechanism. By re-setting each line of the budget at zero, it focuses attention on expense...
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager at semiconductor firm...
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.
The first-half results from Swiss dairy group Emmi, published on Tuesday, demonstrated the company's recent efforts to improve its profitability. The figures included a cut to Emmi's forecast for annual sales but, nonetheless, the numbers pleased analysts and the company's share price rose. Dean Best discussed the performance with Emmi CEO Urs Riedener.
European meat group HKScan has lowered its full-year profit forecast on weaker sales and higher costs.
French food group Tipiak has booked a 2.2% increase in nine-month sales following what it said was a period of "moderate cumulative growth".
This week, Bel struck a deal to buy a majority stake in fellow French group MOM Brands. Another French food major, Danone, faced criticism in the US over its plans for GMO ingredients. US snack maker Utz Quality Foods accepted the backing of investment firm Metropoulos & Co. Nestle's third-quarter sales disappointed some in the investment community and we spoke to the director general of UK trade body the Food and Drink Federation about the impact Brexit could have on the sector.
Nestle lowered its full-year sales forecast in an environment "marked by deflation" and soft pricing today (20 October) after reporting nine-month sales that missed analyst expectations.
Embattled Australian dairy processor Murray Goulburn has lowered its expectations for its full-year profits after cutting its forecast milk intake for the period.
Apetit, the Finnish food group, has said its operational EBIT will fall in 2016 hit by pressure on volumes to the foodservice sector and pressure on profits within its grain business.
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.
Following last month's referendum in the UK on the country's membership of the European Union, the repercussions from the decision to leave have been felt far and wide.
- Price an underlying tension across European FMCG
- Interview: UK trade body on Brexit's policy impact
- Danone's Q3 sales - what the analysts say
- Interview: UK trade body on the impact of Brexit
- It won't just be Unilever to push for Brexit hikes
- Nestle lowers outlook on "softer environment"
- UK announces "action plan" to drive food exports
- Kraft Heinz: Innovation more important than ever
- Online snack seller Graze makes US retail debut
- Bel takes majority stake in MOM Group
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Global Food Packaging: Innovating for Greater Convenience and Quality Image
- Packaged Food: Quarterly Statement Q3 2016
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review