US dairy company Dean Foods has reported that its net earnings increased to $167.5m for the fiscal 2012, compared to a loss of $1.58bn for the same period in 2011. For the year ended 31 December 2012, the company reported 2% decline in ...
Tags: dairy company, Dean Foods, net earnings
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
US-based Mead Johnson Nutrition has reported that its net income increased by 48.1% to $132.3m for the fourth quarter ended 31 December 2012, compared to $89.3m for the same period in 2011. The company's net sales increased by 7.65% to ...
Tags: Mead Johnson Nutrition, net income, the fourth quarter
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
Mead Johnson has booked an increase in full-year earnings, as sales from Asia and Latin America offset declines in Europe and North America. The company said yesterday (1 February) its 2012 net earnings totalled US$604.5m, or $2.95 per ...
Tags: baby formula maker, sales, baby food
Unilever has booked an expectation-beating increase in underlying sales as growth of its personal care division offset a "weak" food performance. The Anglo-Dutch consumer goods giant said today (23 January) that underlying sales in the ...
Food price inflation is expected to stabilise over the next few months – despite recent reports of big food price increases from Waitrose – according to market research organisation BRC-Nielsen. Sainsbury reported total ...
Tags: food, price inflation, food price, Waitrose
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
The administrator for UK baker Peters Cathedral Bakers, which went into administration last month, has sold the company to local peer Coopland & Son (Scarborough) Ltd. KPMG said today (30 July) the deal for the company, which also trades ...
Tags: Bakery, Bakers, Bakery stores, baked goods
Dutch retailer Ahold has booked a decline in operating profit as investments in pricing hit margins. The company booked an 11% increase in sales, which rose to EUR1.6bn (US$9.67bn) as its strategy to lower prices resulted in higher ...
Tags: Ahold, operating profit, decline, food industry
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
Price increases to offset higher commodity costs has boosted sales - and therefore profits - at US nut firm John B. Sanfilippo & Son. The company booked net income of US$7.5m for the quarter to 27 September, compared to $2.2m a year ...
Tags: commodity costs, sales, food market, food industry
US food manufacturer Lancaster Colony has booked a drop in full-year profits. In the 12 months to the end of June, earnings slid 9.9% to US$95.8m. Operating profits in the period dropped 2.5% to US$143.3m. Lancaster's speciality foods ...
Tags: Lancaster Colony, full year profits, drop, food industry
McCormick & Co. today (27 September) upped its forecast for annual earnings on the back of a better tax rate and also reported an increase in third-quarter profits. The US spice manufacturer said it now sees its full-year earnings per ...
Tags: Earnings, profits, net sales, Operating income