Financials: Latest news and analysis articles
Nestle must adapt to emerging consumption trends and consolidation in the food sector with an “acceleration” of its portfolio adjustment eff...
Nestle beat expectations when it delivered organic sales growth of 4.4% for the first quarter this morning (17 April). However, many analyst...
Shares in Danone edged up in Paris today, reflecting a cautiously optimistic response from the market and the hope the French group could fi...
ConAgra Foods' third-quarter numbers were of the 'not as bad as feared' variety. That said, they were still not very good. A host of challen...
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.
Valio is facing some significant challenges. The Finland-based dairy group is grappling with the closure of the Russian border as well as the decline in industrial markets for dairy ingredients. However, the company is also working to identify new growth avenues, such as its lactose-free technology. Katy Askew spoke to Kari Finska, SVP of Russia and eastern markets for Valio, to find out more.
B&G Foods has posted a rise in first-quarter sales and profits despite the under-performance of the US group's Rickland Orchards brand.
Netherlands-based food group Wessanen today (24 April) reported higher first-quarter sales and profits, with the company's CEO Christophe Barnouin pointing to the company's volume performance.
First-quarter numbers came in from the likes of European confectionery Cloetta and Mexican business Gruma. The Irish Dairy Board, now known as Ornua, reported its full results for 2014. Here's our weekly round-up of companies' financial results.
The EUR2.6bn sale of European frozen food giant and Birds Eye owner Iglo Group grabbed the headlines this week - and we looked at where the new owners - Nomad Holdings - could look next. Blue Bell Creameries, the US ice cream maker linked to a fatal listeria outbreak, was in the spotlight for very different reasons, pulling all its products from the market after fresh tests.
This week, Associated British Foods reported its annual results and revealed it struggled with competition in the UK and Australian bakery sectors. US consumer goods rookie acquired Birds Eye owner Iglo Group. Hershey had its first quarter results out which demonstrated troubles in uptake of chocolate in China. And Blue Bell announced it was pulling all its products off US shelves after fresh tests found more listeria-ridden products. Here is the week in quotes.
US infant formula group Mead Johnson today (23 April) reported higher first-quarter profits, helped by price increases, lower dairy costs and a fall in its tax rate.
Shares in Egyptian bakery firm Edita Food Industrues jumped 16% today after it listed on the Egyptian and London Stock Exchanges.
Dubai is the modern day New York, with its towering skyscrapers and bright lights and tomorrow just-food is again flying over to the city for this year's annual Gulfood exhibition, where food manufacturers convene to build their presence in the city and the wider Middle East.
- Nomad's post-Iglo opportunities
- Comment: Nestle reacts to world of 3G and Buffett
- Focus: Can Arla jump-start UK flavoured milk?
- What the analysts say: Nestle's Q1
- The just-food interview: Bega Cheese CEO
- Arla to launch protein dairy drink in UK
- Pork Farms' Kerry pastry deal nears green light
- McCormick to move roles to Poland
- UPDATE: Iglo Foods sold to Nomad for EUR2.6bn
- ABF grocery profits up but pressure on bread