Food giants report 2011 results, provide 2012 outlook
FRANCE: Danone forecasts slower sales growth, flat margins
Danone has forecast slower sales growth and flat margins for 2012 after the French food giant said it saw no…
In the spotlight – PepsiCo’s plans beg more questions
After six months of criticism and speculation, PepsiCo has drawn up plans it believes will drive growth at the company.…
US: PepsiCo to cut 8,700 jobs to “drive growth”
PepsiCo is to cut around 8,700 jobs as part of a wider strategy to cut costs and "drive growth" across…
On the money: Kellogg warns European profits could fall again in 2012
US cereal giant Kellogg has warned the profits from its European operations could fall again this year amid the challenging…
In the spotlight – Question marks over Unilever’s food unit return
Unilever's food division has been under the microscope in recent months, with a series of disposals and growth in many…
US: Kellogg ends 2011 with “strong” Q4
Kellogg said today (2 February) it had ended 2011 with a "strong" fourth quarter, in which profits jumped by a…
UK: Unilever defends food performance after Q4 volume slide
Unilever CEO Paul Polman has defended the performance of the consumer goods giant's food business after the recent decline in…
US: Hershey 2012 sales, profit growth to exceed targets
Hershey has forecast that its sales and earnings will grow faster in 2012 than its long-term targets. The US confectionery…