Financials: Latest news and analysis articles
Despite Hain Celestial lowering the top end of its forecasts for annual net sales and earnings yesterday (4 May), the US group earned praise...
Hershey's first-quarter results contained a triple whammy yesterday (26 April) as the confectioner reported falling sales and earnings, cuts...
Weak consumer sentiment in some emerging economies and growing demand for value from consumers in developed markets weighed heavy on Unileve...
Nestle's shares rose today (14 April) after the world's largest food company reported underlying first-quarter sales that beat analyst expec...
Finsbury Food Group, the UK bakery products supplier, is performing strongly in a challenging market. Recent acquisitions have given a boost to results but the company, which makes lines under licence for groups like Ferrero's Thorntons, as well as using characters like Spiderman and the Minions for its cakes, has also been enjoying sold underlying growth. Dean Best caught up with finance director Stephen Boyd to discuss Finsbury's performance and its readiness to do more deals.
Real Good Food is a food maker on something of a journey. Since the sale of the Napier Brown sugar business ten months ago, the UK group has been freed from the shackles of a hefty debt burden. The company has completed a number of bolt-on acquisitions, including most recently Chantilly Patisserie. However, Real Good Food was forced to issue a profit warning earlier this month, citing investments and one-off costs. Katy Askew spoke to marketing director Andrew Brown to find out more about the group's strategy.
Singapore-based agri-food group Wilmar International and two Indian businesses - Adani Enterprises and Ruchi Soya - this week set out plans for a venture to "create one of India's leading FMCG companies". Tiger Brands, the South African consumer goods business, was cautious about consumer sentiment in its domestic market. And Danish Crown, the Denmark-based meat co-op, reflected on lower half-year profits. We also spoke to the global marketing director for Danone kids yoghurt brand Danonino and with the Round Table on Responsible Soy, the body driving the cultivation and sourcing of more sustainable soy.
Sanderson Farms has reported lower sales and profits for the first half of its financial year.
French poultry processor LDC has given warnings about the outlook for consumption and for raw materials in the coming year as it delivered an increase in full-year sales and earnings.
Quantum Foods has, as expected, posted a fall in profits for the first half of the year on the back of higher costs and currency volatility.
Danish Crown, the Denmark-based meat co-operative, has reported a fall in half-year earnings, with new chief executive Jais Valeur pointing to pressure on retail prices.
Nomad Foods, the European frozen foods group, today (25 May) reported lower first-quarter sales and profits on a pro-forma basis.
The conference calls companies hold with equity analysts can, on occasion, be relatively tame affairs, with businesses sometimes not pushed on issues and us in the media - allowed to listen only - sitting on the phone and wanting executives to be pressed on their initial answers. Yesterday (29 March), some stiff questions were put to McCormick & Co.'s management over its interest in Premier Foods.
just-food (and sister site just-drinks) are the exclusive media partners for the three-day Consumer Analyst Group Europe investment conference, which starts today in London.
- Danone's global push for Danonino – interview
- How Hormel Foods can benefit from Justin's
- The balancing act at Amy's Kitchen - interview
- RTRS looks for systemic solutions to progress
- Tackling infant formula fraud in China
- Nestle sets new savings target
- ConAgra focusing on core with Spicetec sale
- Premier takes control of powders JV Knighton
- Wilmar, Adani and Ruchi Soya announce India JV
- TreeHouse rationalises production network