On the money

On the money

We discuss and dissect food companies' financial results.



Will Orkla investors get what they want from incoming CEO? 7 Jun 2019

With Orkla's organic growth just about ticking over, investors will be keen to see more concrete guidance from the incoming chief executive. Simon Harvey takes a look.


Hormel Foods expects pressure on margins, volumes from African swine fever 28 May 2019

Hormel Foods said it expects to see profit margins come under further pressure in the second half of the year as input costs rise on the back of the African swine fever outbreak.


Nestle reveals advances in US frozen food, Brazil as Q1 sales rise 23 Apr 2019

Nestle booked first-quarter sales that beat market expectations, describing the period as a "solid start" and calling out particular areas of growth.


Danone's 2018 results and 2019 outlook - the five things to learn 19 Feb 2019

Danone has booked solid 2018 results and outlined plans for the year ahead. Here's what you need to know from today's announcement and analyst call.


Nestle's new strategy pays dividends as organic growth bucks trend 15 Feb 2019

Nestlé announced a positive set of annual results on Thursday (14 February) as the company refocuses its business. Simon Harvey takes a look. 


Hain Celestial new chief brings in alternative strategy as earnings disappoint 8 Feb 2019

Newly-installed Hain Celestial chief executive Mark Schiller has outlined his business strategy after reporting disappointing first-half results.


Unilever has more to do on growth, new CEO Alan Jope admits 31 Jan 2019

Anglo-Dutch consumer goods giant Unilever has outlined its growth target for 2019 after reporting its full-year 2018 results.


Unilever's 2018 investor day - six things to learn 11 Dec 2018

Last week, Unilever's senior management was in the Indian city of Mumbai for the company's annual investor day. just-food presents what you need to know from the two-day event.


Focus turns to US soup at Campbell in flux 21 Nov 2018

With Campbell Soup Co. looking to offload assets, its US soup arm will grow even more in importance, writes Dean Best.


Flowers Foods cuts earnings guidance again 9 Nov 2018

US-based bakery business Flowers Foods has acted to ease inflationary pressures following a "challenging" third quarter.


TreeHouse Foods expects profit margin acceleration 5 Nov 2018

TreeHouse Foods expects an improvement in profit margins to accelerate next year as the largest private-label supplier in the US makes further progress toward achieving its end-of-decade targets.


From plant-based push to bullishness on baby – top takeaways from Danone's investor day 23 Oct 2018

Danone's senior management met analysts in London on 22 October to discuss the French food giant's plans for growth. Dean Best outlines what you need to know.


Nestle's infant formula division buoyant as frozen foods struggles 19 Oct 2018

Nestlé's nutrition and health division outperformed the Swiss food giant's other business units in the first nine months of the fiscal year amid growth from infant nutrition.


Amid overhaul, Weston Foods remains positive despite H1 profit fall 1 Aug 2018

Amid increasing competition, Weston Foods, one of North America’s largest bakery products businesses, is undergoing what its parent company has called a "transformation programme" aimed at becoming a "premier player" in the industry and delivering "solid financial results". Yesterday, Weston Foods reported falling half-year sales and earnings. Simon Harvey had a look at the numbers.


Nestle results provide food for thought - key takeaways 30 Jul 2018

Nestlé revealed a generally positive set of first-half results on Thursday that were received favourably by the stock market, despite a tweak to the Swiss food giant's organic growth outlook. But what was most interesting is what can surely only be deemed as a veiled kickback by CEO Mark Schneider at activist investor Daniel Loeb. Simon Harvey looks at the key takeaways.


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