Food majors announce 2013 results
On the money: Mondelez scales back top-line ambitions
In the year or so since Mondelez International was formed, the Cadbury owner's sales performance has, generally, fallen below expectations.…
SWEDEN: Cloetta “on right track”, says CEO
Cloetta CEO Bengt Baron today (14 February) praised the confectionery group's fourth-quarter results as the company beds down after the…
US: TreeHouse: “signs of life” for industry volumes
The CEO of US brand and private-label group TreeHouse Foods has claimed sales volumes in the country's food and beverage…
US: WhiteWave shares jump in adj. Q4 profits
Shares in Alpro owner WhiteWave Foods jumped today (13 February) after the US group reported a jump in underlying earnings.…
US: PepsiCo profits up, outlines fresh cost plan
PepsiCo today (13 February) reported higher annual profits and set out plans for a fresh cost-savings programme. The results for…
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SWITZ: Nestle FY profits slide, 2014 outlook subdued
Nestle booked a drop in 2013 earnings and issued a cautious outlook for 2014 this morning (13 February), prompting shares…
US: Mondelez downbeat on 2013 results
Mondelez International chief Irene Rosenfeld has admitted the Cadbury and Oreo owner is "disappointed" its 2013 results fell below expectations.…
US: Dean Foods shares sour after 2014 warning
Shares in Dean Foods tumbled yesterday (11 February) after the US dairy giant warned commodity prices would weigh on the…
On the money: Success lies in the brand, believes Kellogg
Kellogg is set to focus its energies on boosting the profile of its namesake "master brand" in a bid to…
On the money: Unilever says foods “ready to grow again”
Unilever has indicated that it plans to accelerate growth of its food brands in 2014, after taking a number of…