476 results in the archive - showing page 2 of 16

How Unilever is "working harder" in tough environment  21 Jul 2016

Column: On the money

Unilever CEO Paul Polman left investors with no illusions today (21 July) when he reported the company's second-quarter results: trading is tough and the company expects it to get tougher. As a result, Unilever is "working harder" to drive gains and expand its share. Here is how. 


PepsiCo performance wows with surprising sparkle 8 Jul 2016

Column: On the money

As PepsiCo's leadership team presented the group's results yesterday (7 July) they could have summed up their core message to investors with a blast from the past: "You've got a lot to live, and Pepsi's got a lot to give". That slogan from the early 1970s would be too tame for today's app hungry consumers and investors who demand infinite fizz in terms of products, ideas and healthy dollar returns. But the slogan did sum up the mood as PepsiCo reported second-quarter profit that beat analysts' estimates and the firm boosted its full-year forecast, helped by rising sales of snacks and soft drinks in North America.


General Mills to invest in "growth businesses" - will it boost sales? 30 Jun 2016

Column: On the money

General Mills is the owner of US legacy food brands that have been hard hit by sweeping changes to consumption. The company, which has tried break into growth areas such as natural and organic, revealed yesterday (29 June) it will start to prioritise its investment behind the 75% of its portfolio it has identified as "growth businesses". Will this approach prove effective? Katy Askew investigates. 


Can Smucker revive food sales? - analysis 13 Jun 2016

Column: On the money

JM Smucker booked higher full-year earnings last week despite a drop in revenue from its food brands. With coffee and pet food outpacing Smucker's packaged food business, can the company lift the performance of its spreads-to-snacks brands? 


Hershey Q1 results, outlook and latest M&A - the top takeaways 27 Apr 2016

Column: On the money

Hershey's first-quarter results contained a triple whammy yesterday (26 April) as the confectioner reported falling sales and earnings, cuts to forecasts for 2016 and upped its cost savings targets from 2017. The company's results were hit by continued pressure in China and challenges in North America. Hershey, however, announced the acquisition of snacks brand BarkThins and, on a conference call with investors, the Reese's owner appeared confident it was taking the right steps to improve its performance.


How Danone is winning "key battles" en route to 2020 aims 19 Apr 2016

Column: On the money

Danone insisted this morning (19 April) it is winning "key battles" in its bid to raise its sales and earnings trajectories by 2020. The French food maker flagged higher sales from its US dairy business in the first quarter of this year and predicted ongoing improvements from its European dairy operations. Danone also insisted the fundamentals of its Chinese infant nutrition business are solid despite recent challenges. Katy Askew reports.


Flowers Foods: is it time to reappraise strategy at the US bakery group? 12 Feb 2016

Column: On the money

Flowers Foods' share price fell almost 20% yesterday (11 February) after the US bakery group booked fourth-quarter earnings that failed to hit analyst expectations. Sales softness and pending litigation prompted some to question whether the firm is overreaching. The real concern, however, is Flowers is pursuing a fundamentally flawed strategy. Katy Askew reports.


Kellogg seeing progress on US cereal but snacks in doldrums 12 Feb 2016

Column: On the money

Kellogg's US business weighed on its results in 2015 but the company insisted its troubled US cereal business was seeing signs of improvement. However, the group's domestic snacks arm is under pressure. Hannah Abdulla reports.


Mondelez International's 2015 results and outlook for 2016 - 7 things to learn 4 Feb 2016

Column: On the money

Mondelez International's shares took a tumble yesterday on the back of its 2015 numbers and its forecasts for 2016 - and were down again today. Chairman and CEO Irene Rosenfeld called the last 12 months "a year of very strong results" and, although conceding volumes would again be under pressure, forecast further improvement in profitability. What should we take away from the figures and from its outlook for the months ahead? Dean Best investigates.


How is Unilever preparing for a difficult 2016? 19 Jan 2016

Column: On the money

Conditions for global packaged food manufacturers in 2015 were challenging. According to the assessment of Unilever, 2016 looks set to get worse. So how is the ice cream-to-condiments manufacturer preparing? 


Nestle's sales miss - 10 things to learn 16 Oct 2015

Column: On the money

Nestle missed analyst expectations for its sales growth today (16 October), when the world's largest food maker reported sales of CHF64.8bn (US$73.8bn) for the nine months to the end of September. The 2% decline was steeper than analysts had expected, with consensus forecasts predicting a sales dip of 0.8%. The closely watched organic growth rate also failed to meet expectations, with analysts predicting a 4.7% gain versus Nestle's organic growth of 4.2%. Here are 10 key points to take away from Nestle's year-to-date performance.


Unilever's sales are up, will margins follow? 15 Oct 2015

Column: On the money

Unilever beat market expectations with a stellar third-quarter sales update this morning (15 October). However, with growth driven by its lower margin refreshments unit, could this put pressure on Unilever's group margin? Katy Askew reports. 


Kraft Heinz sales do not wow but earnings outlook bright 17 Aug 2015

Column: On the money

Kraft Heinz Co. last week gave some indication of the financial performance of its constituent parts when the newly-formed company published second-quarter numbers for the former Kraft Foods and HJ Heinz, the last periods as independent entities before the merger closed in July. Lacklustre sales trends remain but the group is also positioned to meet its long-term margin potential and could emerge a beneficiary of potential sector consolidation. Katy Askew reports.


On the money: Buoyant WhiteWave Foods has some challenges in US 10 Aug 2015

Column: On the money

WhiteWave Foods raised its full-year earnings forecast after reporting growth across the majority of its businesses. However, the outlook for the Earthbound Farm and Silk owner's packaged fresh and premium dairy businesses in the US appears somewhat challenging.


On the money: Hershey stands firm as China woes laid bare 10 Aug 2015

Column: On the money

That China is central to Hershey's challenges at the moment was underlined on Friday after the US confectioner booked a second-quarter loss of almost US$100m following an impairment charge on local subsidiary Shanghai Golden Monkey.


On the money: Pricing, productivity pay off for Mondelez 31 Jul 2015

Column: On the money

Actions taken on pricing and moves to improve productivity appear to be paying off for Mondelez International.


On the money: Mead Johnson wrestles with "irrational" China market 24 Jul 2015

Column: On the money

Mead Johnson's business in China has come under pressure and was a factor in the US infant formula group's profit warning earlier this month. Low dairy costs and downbeat consumer sentiment have sparked fierce competition on price and Mead Johnson is uncertain when conditions will ease. But it insists it is investing for long-term growth in the country.


On the money: Unilever aims to get food growing 24 Jul 2015

Column: On the money

Unilever has said it wants to move its food business to a new growth phase by investing in areas that offer the greatest top-line potential in emerging and developed markets.


On the money: Can General Mills improve US sales through innovation? 3 Jul 2015

Column: On the money

General Mills has been hit by category softness and changing consumer preferences at its US business. With US retail sales representing the group's largest revenue stream, this has weighed on the group's overall results and addressing these issues is a priority for the Cheerios maker. But are General Mills' product innovation and renovation plans enough to get the top line moving in the US? Katy Askew investigates.


On the money: ConAgra private-label exit is about growth 1 Jul 2015

Column: On the money

ConAgra Foods announced that it will sell off its loss-making private label business yesterday (30 June) in a move that, the company said, will help unlock value for its shareholders. But selling off private brands is about more than offloading an asset that is a challenging turnaround story. New CEO Sean Connolly insists it is about putting ConAgra back on the road to growth. Katy Askew reports.


On the money: Why Dairy Crest needs to offload dairies 21 May 2015

Column: On the money

Dairy Crest chief executive Mark Allen said today (21 May) he is "confident" the group's disposal of its struggling dairies business to Muller Wiseman Dairies will gain competition approval. The group's full-year results, released earlier this morning, show exactly why this sale is vital to Dairy Crest's performance.


On the money: Premier to push on with range revamp 20 May 2015

Column: On the money

Rationalisation of SKUs and innovation will continue to form a big part of Premier Foods plc's focus for 2015, CEO Gavin Darby has said.


On the money: Hershey's long-term confidence on China 24 Apr 2015

Column: On the money

Confectionery giant Hershey saw sales in China come under pressure in the first quarter of 2015, a result of the government crackdown on gifting and macro-economic factors in the country. Hershey does not expect to turn this around soon, but insists it is putting the "right" things in place to secure its long-term growth in China. Hannah Abdulla reports.


On the money: Can Danone build growth in fresh dairy? 20 Feb 2015

Column: On the money

Danone's fresh dairy sales struggled throughout 2014. Nevertheless, as the world's largest dairy manufacturer, the company believes it can lead the category back to growth in stagnant markets like Europe and the US. Katy Askew reports.


On the money: No quick wins for Kellogg 13 Feb 2015

Column: On the money

Kellogg appeared to be getting real yesterday and slashed long-term sales targets, following yet another set of disappointing numbers that suggested the road to recovery for its core cereal category could be a long one.


On the money: PepsiCo managing its way through "volatile market" 11 Feb 2015

Column: On the money

With its exposure to volatile currencies and growing instability in developing countries, PepsiCo saw macro-economic issues weigh on its top-line performance in 2014. Conditions are expected to remain challenging in 2015 but the group remains confident it can continue to manage its way through such headwinds in the year to come. Katy Askew reports.


On the money: Hain Celestial: We feel more upbeat than ever 4 Feb 2015

Column: On the money

Hain Celestial CEO Irwin Simon said today (3 February) the US group had never been so optimistic about its prospects, insisting the company's portfolio can benefit from consumer interest in what they eat.


On the money: Lacklustre sales see Hershey turn to snacking 30 Jan 2015

Column: On the money

"Snacking... and portable snacking is not just short term, this is really a trend and it's becoming a habit," Hershey CEO John Bilbrey said yesterday as the US company announced its full-year results and its move to buy meat jerky brand Krave.


On the money: Premier CEO expects to benefit from rebound at UK supermarkets 23 Jan 2015

Column: On the money

Premier Foods CEO Gavin Darby has predicted the UK food group's brands will be the co-beneficiaries of a rebound at the country's largest supermarkets.


On the money: Unilever: We need to respond faster to consumer trends 20 Jan 2015

Column: On the money

Unilever must respond faster to emerging consumer trends if it is to grow its food brands in a low-growth environment, CEO Paul Polman suggested today (20 January).

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