Financials: Latest news and analysis articles
Unilever CEO Paul Polman left investors with no illusions today (21 July): trading is tough and the company expects it to get tougher. As a...
Nestle appointed Ulf Mark Schneider, currently CEO of healthcare company Fresenius, as its chief executive officer last month. just-food tak...
The UK’s vote to leave the EU on 23 June triggered immediate political and economic turmoil and has long-term implications for UK food manuf...
As PepsiCo's leadership team presented the group's results yesterday (7 July) they could have summed up their core message to investors with...
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.
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.
Swiss chocolate group Lindt & Sprüngli said this morning (22 July) that it "continues to outperform the overall chocolate market" but organic sales growth missed market expectations.
Indian food and tobacco producer ITC has posted total pre-tax profits of INR3.67bn (US$552m) for the first quarter of the fiscal year ended 30 June compared to INR3.34bn crore in the corresponding period a year ago.
The weakness of the peso, sales growth at corn flour business Gimsa and price increases introduced to reflect higher raw material costs have helped boost tortilla manufacturing giant Gruma’s net sales.
Illinois-based healthcare company Abbott Laboratories has reported a 1.4% increase in its nutrition segment, its largest business.
Danone expanded its Indian presence, Arla detailed plans to boost its UK business and just-food examined the potential of healthy ageing products. Here is just-food's week in words.
Unilever revealed this morning (21 July) that first-half underlying sales grew across its grocery and ice cream brands, with the exception of spreads which continued to struggle.
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.
With a little over 24 hours before the UK's votes on its membership of the EU, a senior executive at a major food company with operations in the country has declared he favours leaving the bloc.
- What next for Nestle under new CEO Schneider?
- Unilever is "working harder" in tough environment
- Hemp food sales in the US set for growth
- Nestle catering for an ageing global population
- Brexit and UK food market policymaking
- Unilever sees growth but spreads decline continues
- Dairy Crest sees "momentum" in spreads
- Campbell's Soup's sustainable growth strategy
- Mars launches frozen desserts range
- Campbell takes Unilever to court in Australia