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ISRAEL: Strauss Q1 profits hit by costs

28 May 2012

An increase in first-quarter sales failed to stem a drop in profits for Israeli food maker Strauss Group as higher energy and raw material prices hit earnings.

In the spotlight: Hard work ahead for new Weetabix owner Bright Food

3 May 2012

Ambitious Bright Food, the Chinese state-backed food group, missed out on previous Western targets like United Biscuits and Yoplait but it has planted a flag in Europe with the acquisition of a majority stake in UK cereal manufacturer Weetabix. The deal could give Bright Food some Western expertise to apply to its domestic business but, as Dean Best reports, its faces a challenge in building the brand in China, where it remains early days for breakfast cereal.

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

30 Apr 2012

Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its Mexican operations and Nestle's acquisition of Pfizer's baby food business was scrutinised by analysts. The investment community also had a raft of first-quarter results to get their teeth into, with Kellogg, PepsiCo, Premier Foods plc and Hershey among the companies reporting.

On the money: PepsiCo predicts Frito-Lay recovery

27 Apr 2012

PepsiCo has said it expects the performance of its Frito-Lay snacks division in North America to improve after sales volumes and margins fell in the first quarter of the year.

US: PepsiCo Q1 profits drop on one-time costs

26 Apr 2012

PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings.

US: Kellogg profits down 2% on Europe, costs

26 Apr 2012

Kellogg said today (25 April) that its net profit dropped 2.2% in the first-quarter, as income was hit by weakness in Europe and higher raw material costs.

UK: PepsiCo invests in Walkers facility production line

26 Apr 2012

PepsiCo has today (26 April) announced a GBP15.2m (US$24.6m) investment at its Walkers crisps plant in Leicester in the UK.

Focus: Players battle to ride the US Greek yoghurt wave

20 Apr 2012

The Greek yoghurt market in the US has enjoyed some serious growth over the last few years with formidable entrenched players in the category reaping the benefits. But with concerns that General Mills is not being proactive enough and Kraft Foods pulling out last month, analysts question whether there is room for more players in this already crowded category.

INDIA: Nestle challenges health criticism of noodle line

4 Apr 2012

Nestlé has rejected allegations from India's premier environmental health lobby group that its Maggi instant noodles could harm consumer health.

Stevia - application spotlight turns to food

30 Mar 2012

Stevia has been widely used - with some success - in carbonated soft drinks and table-top sweeteners containing the ingredient continue to be launched. However, suppliers are increasingly looking at how to use the sweetener in food, particularly categories like dairy and confectionery. Jonathan Thomas reports.

Stevia - the suppliers: from Cargill to PureCircle

30 Mar 2012

A number of major suppliers have built a significant presence in the stevia sector, with new entrants emerging. Jonathan Thomas looks at the major players in the industry - Cargill and PureCircle - and other companies supplying the intense sweetener.

FRANCE: PepsiCo launches "premium" Lay's crisp range

29 Mar 2012

US food and drink giant PepsiCo has launched a "premium" range of Lay's crisps in France.

Deal or no deal: Who is in the running for United Biscuits' salty snacks?

28 Mar 2012

The private-equity owners of United Biscuits are considering offloading the salty snacks side of the business may come as little surprise, with the UK group set to be split in two. With the auction process expected to begin in several months time, Katy Askew takes a look at the likely suitors for the Hula Hoops maker.

UK: PepsiCo to launch Walkers Sensations nuts

27 Mar 2012

PepsiCo is to take its UK crisp brand Walkers Sensations into the country's nut category.

UK: Industry to cut 5bn calories from UK diet

26 Mar 2012

Some of the UK's biggest food manufacturers and retailers have signed up to a new government initiative that aims to cut 5bn calories a day from the national diet.

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

19 Mar 2012

It was a bumper week of insight from just-food, with analysis of Richard Brasher's decision to quit as CEO of Tesco's UK operations, an examination of rising egg prices and a look at the future for UK food manufacturer Premier Foods. We also emphasised our international reach, with an exclusive interview with the chief executive of Spanish retailer Grupo Eroski. Click on the headlines for more.

UK: PepsiCo to expand Peterlee Quaker Oats facility

16 Mar 2012

PepsiCo is to invest GBP9.3m (US$14.6m) in the expansion of its warehouse and distribution centre in the UK town of Peterlee.

US: Ex-Wal-Mart exec Cornell takes senior PepsiCo food role

12 Mar 2012

Former Wal-Mart Stores executive Brian Cornell has rejoined PepsiCo to head its food business in the Americas.

US: PepsiCo takes Quaker into cookie category

7 Mar 2012

US food giant PepsiCo has moved cereal brand Quaker into the cookie category in its domestic market.

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

5 Mar 2012

It had been speculated in recent months but, this week, PepsiCo and German dairy giant Muller confirmed plans to start a manufacturing yoghurt in the US, where sales of the product are growing fast. Ferrero's decision to build a plant in Mexico and General Mills' acquisition of US snacks firm Food Should Taste Good also grabbed your attention, as did financial results from chocolate firm Lindt & Sprungli and Dutch retailer Ahold. And, to mark Fairtrade Fortnight in the UK, we interviewed Paul Chandler, chief executive of a pioneer in the sector, Traidcraft.

Sustainability Watch - Meghan Stasz, Grocery Manufacturers Association

29 Feb 2012

The Grocery Manufacturers Association, which represents US food companies, has just published a report highlighting achievements in environmental sustainability by its members. Ben Cooper spoke with GMA sustainability director Meghan Stasz about the initiatives and the potential for further progress.

S ARABIA: Almarai mulls PepsiCo JV stake increase

28 Feb 2012

Almarai has said it is in talks with PepsiCo to increase its stake in the joint venture it formed with the US snacks and drinks firm in 2009.

US: PepsiCo, Muller to establish New York yoghurt facility

27 Feb 2012

PepsiCo has teamed up with German privately-owned dairy firm Unternehmensgruppe Theo Müller to open a US$206m yoghurt facility in New York, US.

Quote, unquote: the highlights from CAGNY 2012

27 Feb 2012

CAGNY, the annual industry investment conference in the US, was once again full of debate on the challenges and opportunities that the global food sector is confronting and exploiting.

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

27 Feb 2012

This week, just-food was kept busy with news from the Consumer Analyst Group of New York (CAGNY) conference, held in Florida.

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

27 Feb 2012

CAGNY, the annual conference where leading US food makers face Wall Street analysts, saw the likes of General Mills, ConAgra Foods and Heinz this week reflect on the trading challenges facing the industry. Elsewhere, Pfizer tried to cool fresh speculation around the sale of its baby food business, Kerry Group said it would slow its rate of acquisitions this year and there were rumours a French state fund was in talks to invest in poultry giant Groupe Doux.

CAGNY: PepsiCo keeps eye firmly on snacks growth

24 Feb 2012

PepsiCo will ramp up the money it spends on advertising and marketing snacks worldwide by 20% this year.

UK: Ella's Kitchen "open-minded" on route to growth

23 Feb 2012

UK baby food firm Ella's Kitchen has said it is "open-minded" about how to grow worldwide amid reports it is in talks with companies including Nestle and Danone to sell a stake in the business.

Best bits: General Mills warning will give CAGNY food for thought

20 Feb 2012

In a week that saw Kellogg grab the headlines for its decision to move for snacks brand Pringles, an announcement made on Friday afternoon UK time perhaps had wider significance for the food sector.

In the spotlight: Analysts look beyond Danone 2012 caution

20 Feb 2012

Danone, the French food giant, came to the market this week in cautious mood. It may be watching the horizon carefully, and it may face challenges in the fresh dairy sector, but investors and analysts, even if some have immediate concerns, are confident about Danone's medium-term prospects.

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