Financials: Latest news and analysis articles
The macro-economic environment, prospects in Latin America, doing business in the Middle East and the outlook for pricing where the hot topi...
Kellogg's US business weighed on its results in 2015 but the company insisted its troubled US cereal business was seeing signs of improvemen...
Flowers Foods' share price fell almost 20% yesterday (11 February) after the US bakery group booked fourth-quarter earnings that failed to h...
Mondelez International's shares took a tumble yesterday on the back of its 2015 numbers and its forecasts for 2016 - and were down again tod...
After what Bonduelle CFO Gregory Sanson describes as a "remarkable" 2014/15 financial year, the French vegetables group is plotting how to maintain its momentum. In part one of a two-part interview, Dean Best speaks to Sanson about Bonduelle's performance in the last 12 months, its plans for growth in a mature Europe and its prospects in faster-growing markets.
Bega Cheese has had a whirlwind couple of years. Seeking greater consolidation of the Australian dairy industry, it made a play for Warrnambool Cheese and Butter in 2013, kicking off a takeover battle, in which Canada's Saputo emerged the victor. In a two-part interview, just-food catches up with Bega CEO Aidan Coleman, to find out why it gave up on the takeover dream and whether it is eyeing any other opportunities.
South Africa's Pioneer Food Group has warned of deteriorating conditions facing food makers in the country.
Lotus Bakeries booked a jump in full-year sales and earnings this morning (12 February), with expansion supported by the organic growth of the group's brands.
Tootsie Roll Industries booked an increase in full-year earnings despite a slight drop in sales during the 12 months.
This week saw Chobani reveal it had rejected takeover offers, Mars announce plans to remove artificial colours from its food and Russia draw up plans to tax palm oil. Among the companies announcing 2015 results were PepsiCo and Kellogg.
There were a flurry of companies reporting their results for 2015 and looking into 2016. Among them, PepsiCo said it beat its own expectations for last year but sounded a note of caution on macro-economic conditions for the year ahead. Kellogg, meanwhile, pointed to progress with its core US cereal business but admitted domestic problems with snacks. Elsewhere, Chobani confirmed it had rejected takeover offers and just-food interviewed Richelieu Foods CEO Tim O'Connor. Here is the week in quotes.
Armanino Foods of Distinction, the US meatballs-to-pesto group, has revealed it plans to up its production capacity to meet an increase in demand it expects to see this year.
Nestle had some reason for cheer this week when it was confirmed that Maggi noodles should be back on Indian shelves this month.
Is there a link between the weather cooling and the food industry belt-tightening? It appears autumn is the prime season for food manufacturers to get their firms operating at maximum efficiencies, with news of job-cuts is on the up.
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