Food majors publish 2014 results - and look to 2015 Archives - Just Food
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Food majors publish 2014 results - and look to 2015

10 Things to Learn: Nestle’s full-year results and the prospects for 2015

10 Things to Learn: Nestle’s full-year results and the prospects for 2015

Nestle reported full-year results that were broadly in-line with expectations, along with a slight beat on margin, this morning (19 February). While the company is struggling to hit its medium-term organic growth target of 5-6%, the "Nestle Model", it is nevertheless driving efficiency gains while investing in its advantaged brands and categories. Here are some key points from Nestle's full-year results.

What the analysts say: Nestle’s solid finish to 2014

What the analysts say: Nestle’s solid finish to 2014

Nestle revealed today (19 February) that full-year earnings rose on one-time gains and improved margins. Net sales were down due to the impact of currency exchange but the company booked organic sales growth of 4.5%. The sales performance met consensus expectations but came in below the "Nestle Model" that targets organic growth of 5-6% in the medium term. Shares in the Swiss food giant remained relatively flat this morning, reflecting the market's lukewarm response to Nestle's outlook - with sales expected to grow by "around 5%" in 2015 - and concerns over currency exchange.

B&G sales rise but costs, recall weigh

B&G sales rise but costs, recall weigh

B&G Foods booked an increase in full-year sales, which were boosted by acquisitions, but higher costs and expenses related to a product recall dented the bottom line.

Kellogg cuts long-term sales target

Kellogg today (12 February) lowered its long-term sales target, sending shares in the US cereal-to-snacks group sliding in New York. The Special K maker, which is facing declining breakfast cereal…

TreeHouse books “disappointing” Q4

Treehouse Foods said that its fourth-quarter performance was "disappointing" but the US private label manufacturer nevertheless booked higher full-year earnings today (12 February). The company revealed fourth-quarter sales rose to…