US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
Acquisitions abroad boosted annual sales at Swiss dairy group Emmi in 2012, figures releases today (7 February) showed. The company booked a 9.6% increase in revenue last year to CHF2.98bn. However, on an organic basis, which excludes M&A ...
Tags: dairy group, sales, organic dairy
One-off costs have caused profits at ingredients group CSM to fall in 2012, but sales growth and better-than-expected underlying earnings saw the firm's share price jump following its results announcement. CSM's share price rose by 4% in ...
Tags: share price, CSM, net sales
PPG Industries reported fourth quarter 2012 net sales of $3.6 billion. Net income for the quarter was $227 million, or $1.46 per diluted share, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring ...
Tags: PPG, fourth quarter, 2012, net sales
Dutch supermarket operator and wholesaler Sligro has survived a fourth-quarter slowdown to report a 2% lift in full-year sales. For the 12 months to the end of December, Sligro said today (2 January) that net sales increased by 1.9% on ...
Tags: Sligro, sales, full year sales, company news
Bosco Sport Italy SRL, manufacturer for Russian apparel giant, Bosco Sport, which is the official supplier of Olympic uniforms for the Spanish, Ukrainian and Russian Olympic teams, has implemented YuniquePLM from Gerber to help meet its ...
Tags: Bosco Sport Italy SRL, manufacturer for Russian apparel
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
US natural and organic retailer Natural Grocers plans to list on the New York Stock Exchange. Natural Grocers, which has stores in ten US states, said yesterday (18 June) it had not determined the number of shares it will offer or the ...
Tags: Natural Grocers, organic retailer, company news, food industry
A "solid" third quarter has led Denmark-based food ingredients firm Chr. Hansen to raise its forecasts for annual sales and EBIT margins. Chr. Hansen said today (4 July) it expects its sales to increase by 9-11% on an organic basis and ...
Dutch dairy giant FrieslandCampina has booked an increase in first-half profits as sales increased despite tough conditions in Europe. Earnings in the six months to the end of June amounted to EUR138m (US$218.8m), an 8.7% increase on ...
Tags: FrieslandCampina, profits climb, earnings
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
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry