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Food industry results in brief - Snyder's-Lance, Thai Union, SunOpta

14 Aug 2015

This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.

Marine Harvest cuts stake in Havfisk

22 May 2015

Marine Harvest has sold its 11.92% stake in Norwegian seafood group Havfisk.

Food industry results in brief: J&J, Lala, Pinnacle

1 May 2015

A busy week for results as the first-quarter reporting season got into full swing. We heard from global food manufacturers as far afield as Latin American and Russia, with the likes of Sigma Alimentos owner Alfa and Cherkizovo Group updating the markets. Here is just-food's weekly financial round up.

Marine Harvest volumes “not affected” by Chile eruptions

28 Apr 2015

Seafood group Marine Harvest has said that its 2015 and 2016 harvest volumes “will not be affected” by the volcanic eruptions in Chile that have seen more than 6,000 people evacuated from their homes in the past week.

Marine Harvest Q4 earnings flat

4 Feb 2015

Marine Harvest hailed a "strong" fourth quarter as it reported broadly flat operating profit this morning (4 February).

Marine Harvest targets "earnings stability" through AquaChile tie-up

19 Jan 2015

Marine Harvest, the Norwegian salmon specialist, has entered into a deal that will see it merge its Chilean business with local seafood group AquaChile.

Marine Harvest reports "strong" but "challenging" Q3

14 Oct 2014

Marine Harvest said its third-quarter performance was "strong" in the face of "challenging" conditions.

CHILE: Seafood firm Marine Harvest buys Acuinova assets

15 Sep 2014

Salmon producer Marine Harvest has bought the farming assets from bankrupt firm Acuinova Chile for US$120m.

NORWAY: Marine Harvest points to underlying profit rise

27 Aug 2014

Seafood group Marine Harvest today (27 August) posted what it called a "strong" second quarter, pointing to higher underlying EBIT despite a fall in profits on a reported basis.

UK: Marine Harvest coy on future of Brookside plant

18 Aug 2014

Seafood processor Marine Harvest has started talks with staff over the future of its Brookside Products plant but has refused to be drawn on claims it is looking to sell the site to rival Bleikers.

NORWAY: Marine Harvest slapped with EUR20m fine over Morpol acquisition

23 Jul 2014

The European Commission has fined Marine Harvest EUR20m (US$26.9m) after concluding that the Norwegian seafood group breached European merger control rules in its takeover of Morpol.

NORWAY: Marine Harvest sales, op profit hit "all-time high"

5 Feb 2014

Norwegian seafood group Marine Harvest said its sales and operating profit hit an "all-time high" in 2013.

FRANCE: Brittany food firms to benefit from emergency state aid

17 Oct 2013

Brittany's struggling food firms are set to benefit from a EUR15m (US20.5m) package of emergency state aid to the region's industry, the Ministry of Agriculture has announced.

NORWAY: Marine Harvest delivers dividend on strong Q2 profit

22 Aug 2013

Norwegian seafood manufacturer Marine Harvest has proposed an extraordinary dividend, having booked its "best second quarter in history".

NORWAY: Salmon producers sign sustainability pledge

16 Aug 2013

Fifteen farmed salmon producers, representing 70% of the global industry, have joined forces have pledged to make their businesses more sustainable by tackling issues including biosecurity and sourcing.

FRANCE: Marine Harvest to close two plants in Brittany

4 Jun 2013

Norwegian seafood group Marine Harvest is planning to close two salmon processing plants in France next year with the loss of over 400 jobs.

NORWAY: Seafood firm Marine Harvest bids for fish farmer Cermaq

1 May 2013

Norwegian seafood company Marine Harvest has offered NOK9.7bn (US$1.7bn) to acquire fish farming group Cermaq.

Editor's choice: the highlights on just-food this week

21 Dec 2012

In the final week before the Christmas and New Year break, just-food published its review of the year, which included lists of our most-read content and featured an in-depth look at the M&A, retail trends, sustainability initiatives and commodity volatility we have seen in 2012. Elsewhere, the founder of US yoghurt firm Chobani ruled out a sale of the business, Sainsbury's said talk chief executive Justin King could leave in February "pure speculation" and Italian food group Barilla outlined its plans for emerging markets.

Quote, unquote: just-food's week in words

21 Dec 2012

As the week draws to an end and the industry prepares to take a Christmas break, Sainsbury's found itself responding to reports its chief exective Justin King may only be staying on in his role for a few months in the New Year. Elsewhere, yoghurt group Chobani dismissed reports it is looking at a listing, while Barilla spoke to just-food about its plans for expansion in Latin America.

just-food review of 2012: M&A revival but caution hinders big deals

19 Dec 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

NORWAY: Marine Harvest to buy stake in salmon firm Morpol

17 Dec 2012

Norwegian seafood group Marine Harvest is to make a bid to buy 100% of salmon processor Morpol.

NORWAY: Marine Harvest poaches CFO from rival Leroy Seafood

26 Jun 2012

Norway-based seafood processor Marine Harvest has appointed the CFO from rival Leroy Seafood to become its finance chief.

RUSSIA: Private-equity firm Volga buys stake in Russian Sea Group

30 Jun 2011

Private-equity firm Volga Resources has acquired a stake in Russian Sea Group, the Russian seafood processor.

UK: McDavid appointed as Aunt Bessie's managing director

27 May 2011

The William Jackson Food Group has appointed Mark McDavid as managing director of its Aunt Bessie's brand from the beginning of June.

NORWAY: Marine Harvest share price falls on Q1 results

12 May 2011

Shares in Marine Harvest have plummeted after the seafood processor reported a decline in profit for the first quarter.

NORWAY: Marine Harvest reports jump in Q1 profits

15 Apr 2011

Marine Harvest, the world's largest producer of farmed salmon, has reported a jump in first-quarter operating profit.

FRANCE: Marine Harvest to open plant in Boulogne

21 Feb 2011

Norwegian seafood group Marine Harvest has unveiled plans to invest EUR11m in a new 8,000 sqm processing and packing plant for salmon and white fish located at the French Channel port of Boulogne-sur-Mer.

NORWAY: Demand boosts Marine Harvest profits

5 May 2010

Seafood group Marine Harvest today (5 May) posted a leap in first-quarter sales and profits, boosted by rising demand for seafood products and improved operating margins.

NORWAY: Marine Harvest posts increase in Q1 revenues

8 May 2009

Norwegian fish farmer Marine Harvest has posted an increase in revenues for the first quarter of its year.

NORWAY: Marine Harvest targets improvement in '09

4 Feb 2009

Seafood group Marine Harvest said today (4 February) that it expects improved results in 2009, despite problems in Chile, a key market for the company.


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