Financials: Latest news and analysis articles
Embattled Australian milk processor Murray Goulburn reported its full-year results this week. The company, which part-listed on the Australi...
Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate...
Shares in Hain Celestial nose-dived yesterday (16 August) as Wall Street responded to a surprise announcement on Monday late afternoon US ti...
Mondelez International yesterday (28 July) reported its second-quarter and half-year numbers, leading to the US snacks giant's shares slidin...
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.
Quorn Foods, the UK-based meat-free supplier, has enjoyed solid growth in recent years on the back of growing consumer interest in reducing - or eliminating - meat from their diet. Now owned by Philippines-based Monde Nissin after a deal last autumn, Quorn expects its expansion to continue, CEO Kevin Brennan and Andrew Staal, the company's international director, tells John Shepherd.
Arla Foods today (26 August) touted the strength of its branded products, pointing to a 6% rise in sales from that part of its portfolio, as the European dairy group announced a set of half-year results that showed its total revenue fell in the first six months of 2016.
Norway-based dairy cooperative Tine has booked a slight increase in operating profit for the first half of 2016 boosted by a strong showing in its international dairy business.
In a week when a number of dairy companies reported financial results, Arla Foods CEO Peder Tuborgh sounded a note of optimism on milk prices, Murray Goulburn looked forward after a challenging 12 months and we spoke to Emmi CEO Urs Riedener about the Swiss dairy group's performance.
The Australian government this week announced plans for an investigation into the country's dairy sector in the wake of price cuts from processing giants Fonterra and Murray Goulburn for the price they pay for milk. Unilever said it continues to manufacture in Israel as the business recovers from the revelation cereal contaminated with salmonella was shipped to retailers. The spat between China and the US over the trade in poultry products continued with Beijing set to continue its anti-subsidy duties on certain imports from the US.
Lower prices for chicken products have depressed sales at US poultry group Sanderson Farms.
Chinese dairy giant Mengniu said its strategy is paying off today (25 August) as it booked higher sales for the first half of the year, although its profits were dented by losses from associates and other items.
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.
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- Interview, part 1: Emmi CEO Urs Riedener
- What lies ahead for Tyrrells and Amplify?
- Murray Goulburn's FY results - 7 things to learn
- Mondelez buys rest of Vietnam snacks business
- Australia launches dairy sector probe
- Smucker cuts forecast as sales decline
- Tyson faces investor scrutiny on ethical issues
- Mengniu grows sales but net profit slips