288 results in the archive - showing page 2 of 10

General Mills' plans to revive sales – 7 things to learn from CAGNY 23 Feb 2017

Column: In the spotlight

General Mills last week lowered its already weak forecast for its annual sales due to lower-tha-expected sales in US yogurt and soup. Unsurprisingly, then, the US food giant's efforts to reinvigorate its top line were the primary focus of its presentation at this week's Consumer Analyst Group of New York investor conference. Here are just-food's key takeaways from the event.


Does Kraft Heinz want to swallow Unilever whole? 17 Feb 2017

Column: In the spotlight

Kraft Heinz's takeover bid for Unilever came as something of a shock today – not least because of the seeming unlikely pairing of the 3G Capital-owned US group with the European food-to-personal care company. just-food asks whether the takeover offer should be taken at face value. 


Nestle's plans for 2017 and beyond under new CEO Mark Schneider – 5 things to learn 16 Feb 2017

Column: In the spotlight

Announcing's Nestle 2016 results today (16 February) newly-installed CEO Mark Schneider revealed growth at the Swiss food giant came in below expectations. All eyes are now on Nestle's direction under Schneider, who joined the business at the start of this year. Will there be a greater focus on margin enhancement? Has Schneider totally abandoned the 'Nestle model' targeting 5-6% organic growth each year? Could large-scale acquisitions or disposals be on the cards? Katy Askew investigates. 


Why Reckitt Benckiser has moved for Mead Johnson - analysis 10 Feb 2017

Column: In the spotlight

Mead Johnson has been the subject of takeover talk ever since it was spun-off from pharma group Bristol-Myers Squibb in 2009. Today's (10 February) news that the board of the US infant formula business has backed a potential sale came as little surprise - but what has raised eyebrows is the seemingly unlikely source of interest, UK condom-to-cleaning product provider Reckitt Benckiser. Katy Askew looks at the potential deal.


Is Mondelez's margin target hurting sales? – analysis  9 Feb 2017

Column: In the spotlight

Mondelez International has delivered a lacklustre set of 2016 numbers but the snacks giant, which has been buffered by a challenging operating environment, stressed it continues to improve adjusted operating margins. With the entrance of 3G Capital into the food sector, margins have become a key metric for a number of the major names in the industry but Mondelez's results left some wondering if a focus on margins can hamper top-line growth. Katy Askew reports.


Why - as it stands - takeover of Mead Johnson is unlikely 24 Jan 2017

Column: In the spotlight

A new year, re-heated M&A speculation. Takeover talk is again centred on US-based infant formula group Mead Johnson, often seen as a target since it was spun off by pharma group Bristol-Myers Squibb in 2009. In the past, the chatter has focused on whether Danone would buy the Enfamil maker. Now, Nestle is in the spotlight. However, as Dean Best reports, such a deal looks unlikely - and, at present, the prospect of other suitors coming in appears just as slim.


How B&G Foods is balancing growth and decline – 5 things to learn  20 Jan 2017

Column: In the spotlight

Acquisitions have enabled B&G Foods to rapidly scale up in recent years. The company has grown from sales of around US$600m in 2012 to a forecast of $1.6bn in 2017. Two large-scale deals have boosted B&G: Green Giant in 2015 and ACH Foods last year. However, B&G's underlying sales have not been strong. The group's smaller brands, which generate annual sales in the region of $500m, have struggled. Even Green Giant is a brand that has been in decline for years.  At the ICR investor conference in Florida last week, CEO Bob Cantwell outlined how the company intends to continue to grow in 2017 and beyond.


Does General Mills sales drop signal a cut too far?  22 Dec 2016

Column: In the spotlight

General Mills disappointed the market this week (20 December) when the US group lowered its full-year revenue outlook on the back of a 7.1% drop in sales during its second quarter. The company's aggressive cost-cutting programmes enabled it to maintain its margin guidance but, Katy Askew asks, is the group's weak top line evidence management has cut spending in certain areas too deeply?


What will General Mills' reorganisation achieve? - analysis 13 Dec 2016

Column: In the spotlight

General Mills has announced plans to reorganise its business in a move the US company said would enable it to capitalise on its international presence. But will it address some of the fundamental issues limiting growth at the Cheerios-to-Yoplait maker? Katy Askew reports. 


Wessanen looks to unlock Spanish market with Biogran buy - analysis 8 Dec 2016

Column: In the spotlight

Dutch food group Wessanen has made another acquisition as it continues to focus on expansion in the European "sustainable" foods market. Wessanen is expanding its presence in Spain through the purchase of Biogran, a "leader" in the Spanish rice cake and cereals. Wessanen's management believes the deal will open the door for further growth in a promising market. Katy Askew reports. 


Unilever on organisational change, outlook for food, spreads' future - 2016 investor day takeaways 1 Dec 2016

Column: In the spotlight

Unilever this week held its annual investor day in Port Sunlight, the village built in the 1880s by one of the companies that were the forerunners of the consumer goods giant and now home to the research and development arm of the group's home and personal care business. However, Unilever's management used the occasion to give an update on the company as a whole, including on its plan to drive improvements in its profitability and on where it sees growth from food. Dean Best reports.


How Tyson Foods' new CEO Tom Hayes plans to grow in 2017 and beyond - analysis 25 Nov 2016

Column: In the spotlight

Shares in US meat group Tyson Foods took a battering this week, when the company missed earnings estimates and announced the appointment of a new CEO, current president Tom Hayes. Katy Askew takes a look at the group's performance in 2016 and weighs up what Hayes' strategic priorities are likely to be when he takes the helm in 2017.


Mondelez moves beyond certification but still wants Fairtrade by its side - analysis 24 Nov 2016

Column: In the spotlight

Seven years ago, Cadbury announced one of the more notable sustainability initiatives of recent times when it teamed up with Fairtrade on cocoa certification. This month, the UK chocolate maker's owner. Mondelez International, outlined changes to the way it would work with Fairtrade. Ben Cooper reports.


How Greencore is aiming to be a national player in the US – analysis  17 Nov 2016

Column: In the spotlight

Greencore, the Ireland-based convenience food group, wants to expand its reach in the US as a national distributor of food-to-go products and has long invested in M&A, as well as the development of manufacturing and distribution structures that extend its regional range. Greencore's move to buy US group Peacock Foods this week was a step-change in this agenda. Katy Askew reports. 


How will Trump's presidency affect the global food industry?  9 Nov 2016

Column: In the spotlight

Republican Donald Trump has beaten front-runner Hillary Clinton in the race to become the forty-fifth President of the United States of America. His eleventh-hour election success defied the pollsters as first the key swing state of Florida fell, followed by North Carolina, Ohio and finally Pennsylvania. With big business largely backing Clinton, pundits are framing Trump's win as further evidence of disillusionment with the so-called political and business classes. just-food examines the implications of the election result for the global food sector. 


Lamb Weston goes it alone - six things to learn 31 Oct 2016

Column: In the spotlight

Lamb Weston held an investor day ahead of its imminent spin-off from ConAgra Foods, which will itself become a consumer-facing branded food group Conagra Brands. The move aims to enable a more focused Lamb Weston to deliver strong profit margins thanks to a product mix that is highly complementary and synergistic. But, Lamb Weston management insists, it is also about growth. Here are our key takeaways from the investor event. 


Why Tyson Foods' investment in Beyond Meat is shrewd 21 Oct 2016

Column: In the spotlight

Tyson Foods, one of the world's largest meat processors, is investing in fledgling US meat-free business Beyond Meat - and the deal looks an astute one.


What next for Mondelez and Burton's after Cadbury licence deal? 5 Sep 2016

Column: In the spotlight

Last month, after some speculation earlier in the summer, Mondelez International confirmed it was buying the licence to manufacture, market and sell Cadbury-branded biscuits around the world from UK-based Burton's Biscuit Co. Mondelez touted the "exciting opportunities" it sees ahead for the products, while Burton's, which had held the licence for 30 years, talked up the prospects for its own brands. John Shepherd takes a look at what might lie ahead.


What next for Mondelez International and Hershey? - analysis 31 Aug 2016

Column: In the spotlight

Mondelez International, the owner of Cadbury, Milka and Toblerone, this week announced the end of its plans to gobble up another chocolate major, US-based group Hershey. Now the prospect of a US$23bn takeover is off the table, industry watchers are speculating about what could be on the horizon for both companies. Dean Best reports.


What could Tyrrells' sale to Amplify Snack Brands mean for both businesses? - analysis 12 Aug 2016

Column: In the spotlight

Amplify Snack Brands, the US snack maker, this week announced its latest acquisition, striking a deal to buy private-equity-owned UK crisp firm Tyrrells, itself a business growing in part due to M&A. John Shepherd weighs up what could lay ahead for both companies.


What post-Brexit trade with the EU could look like 25 Jul 2016

Column: In the spotlight

Branded food manufacturers based in the UK face a risk that their exports to the European Union will attract duties now the UK government has confirmed it will push ahead with plans to leave the EU following the Brexit referendum result. These could be imposed after the two years of mandated talks on a future relationship with the EU following a UK decision to trigger Article 50 under the Treaty on European Union. just-food examines what the most likely duty scenarios are for UK food companies exporting to the country's largest overseas market.


Could Brexit foster a more joined-up approach to UK policymaking? 18 Jul 2016

Column: In the spotlight

The UK’s vote to leave the EU on 23 June triggered immediate political and economic uncertainty and has long-term implications for UK food manufacturers. Ben Cooper looks at how Brexit could impact on environmental and nutrition policy in the UK. 


How Danone and WhiteWave will benefit from combination 7 Jul 2016

Column: In the spotlight

Danone announced a deal to acquire WhiteWave Foods this morning (7 July) in a move that values the Alpro maker at around US$12.5bn. The large-scale acquisition ramps up Danone's presence in the US and enhances its exposure to on-trend categories. For its part, WhiteWave expects the deal will move it to "the next phase of growth". just-food looks at how each group stands to benefit from the business combination. 


Mondelez's bid for Hershey – 5 things to know  4 Jul 2016

Column: In the spotlight

Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal. 


Brexit - Rabobank's early assessment of the impact on food 24 Jun 2016

Column: In the spotlight

Uncertainty is the watchword as the UK and the EU digest British voters plumping for Brexit in yesterday's (23 June) referendum. In an exclusive column, analysts at Rabobank set out how they think the UK's departure could impact certain parts of the food sector.


What does AmazonFresh's UK launch mean for sector? 16 Jun 2016

Column: In the spotlight

Amazon has launched its online grocery delivery business AmazonFresh in the UK, one of the most significant moves in the country's food retail sector for a number of years. The introduction of AmazonFresh in the UK is a further sign of the online giant's ambitions in grocery. Keith Anderson, vice president of strategy and insights at e-commerce consultants Profitero, reflects on what Amazon's latest offensive could mean for the industry.


Debate rages as US moves towards salt reduction 7 Jun 2016

Column: In the spotlight

The US government has announced plans to cut the country's salt intake, a move some in campaign circles have been urging for nearly 40 years. The Food and Drug Administration's voluntary targets attracted support from NGOs and parts of the industry, although, as Ben Cooper writes, the reaction was not entirely positive.


How Hormel Foods can benefit from the acquisition of Justin's 19 May 2016

Column: In the spotlight

Hormel Foods is continuing to bolster its presence in the on-trend natural and better-for-you categories with its latest acquisition of nut-butter products maker Justin's. But how far will the elevated focus on these areas go to alleviating pressure in Hormel's refrigerated foods and pork units? Hannah Abdulla explores. 


UK advertising consultation is credibility test for self-regulation 17 May 2016

Column: In the spotlight

The UK’s Committee of Advertising Practice has launched a public consultation on new self-regulatory rules governing the advertising of food and drink to children through non-broadcast media. The extent to which non-industry views are reflected in the eventual rules, Ben Cooper writes, will have a direct bearing on their credibility.


How Hain Celestial is refocusing amid growing competition - analysis 5 May 2016

Column: In the spotlight

Despite Hain Celestial lowering the top end of its forecasts for annual net sales and earnings yesterday (4 May), the US group earned praise from Wall Street for the steps it is taking to cut costs and zero-in on health and wellness trends in the US. On an investor call, Hain Celestial's management team talked at length about what it is taking to position itself for future growth. Hannah Abdulla reports.

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