UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges
US food retailer Roundy's Inc has cut its full-year profits guidance after seeing weak consumer confidence lead to worse-than-expected sales in its fiscal first-half. For the 26 weeks to the end of June,Roundy's net sales rose by ...
Tags: Roundy's Inc, full-year profits, weak consumer confidence
Poundland, the UK-based single price value retailer, has booked an increase in full-year profits as value-conscious shoppers continued to visit its stores. In the 53 weeks ended 1 April, EBTIDA climbed 26.5% to GBP40.1m (US$62.9m), while ...
Tags: profits, retailer, Pound land, Turnover
Convenience food group Greencore saw its share price climb nearly 4% this morning (27 November) after booking an increase in full-year profits Net profit soared 79.8% to GBP35.6m (US$57m) on the back of its acquisition of Marks and ...
Tags: Convenience food group, Greencore, share price, net profit
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
Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
Irish food group Glanbia said today (7 November) it expects full-year profits to come in at the upper end of its guidance. In an interim management statement, Glanbia said that earnings per share, excluding currency exchange, are expected ...
Tags: Dairy, profits, nutritionals business
UK dairy co-op First Milk has booked an increase in full-year profits, boosted by earnings from the sale on its shareholding in Wiseman Dairies. In the year to the end of March pre-tax profits climbed to GBP13.3m (US$20.8m) from GBP7.2m ...
Tags: Pre-tax profits, First Milk, milk prices
Cargill has said that it remains confident in its prospects, despite a 56% drop in full-year profits. For the 12 months to the end of May, Cargill saw profits slide to US$1.17bn. Fourth-quarter profits plunged by 82% to $404m, marking the ...
Tags: Profits Slump, Slump, record profits
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs. In the 12 months ended 2 June, net profit climbed ...
Tags: egg Foods, egg market, fresh shell eggs, eggs
US meat giant Tyson Foods has booked a drop in full-year profits as the company battled increasing grain and feed ingredients costs. In the 12 months ended 1 October, net profit slumped to US$576m from $733m in the prior year, the ...
Tags: Tyson Foods, full year profit, meat industry, food industry
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
Mulberry Group plc,the English luxury brand,is updating the market on trading for the six months to 30 September 2012. Highlights: Total revenue of£76.5m,up 6% Retail revenue of£46.5m,up 13%and up 7%like-for-like ...
Tags: Mulberry, Total revenue, Total retail sales
Thorntons saw its share price rise this morning (12 September) despite lower full-year profits as an improved second-half performance led to better-than-expected pre-tax earnings. In the 53 weeks to the end of December, Thorntons saw a ...
Tags: Thorntons, chocolate, candy, price rise