Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
Australian food manufacturer Goodman Fielder is to shut three bakery facilities in a bid to create a "more sustainable business" in the sector. Goodman Fielder, which is undergoing a major review of its operations to make it more ...
Tags: Bakery Plants, Profits, bakery facilities
A "coalition" of UK farming organisations has unveiled a ten-point plan that it claims will help secure the long-term future of the country's dairy industry. The plan, agreed by all members of the Dairy Coalition, focuses on "exposing bad ...
Boparan Holdings, the parent company of UK firm 2 Sisters Food Group, has moved into the black in its last financial year when its sales grew ahead of the market. The business booked a profit of GBP42.5m for the 12 months to 28 July, ...
Tags: FY profit, LFL sales, frozen business
Food manufacturers including Nestle, Mondelez International and Unilever have announced plans to "harmonise" the way they label the nutritional information for products sold in the EU. Twelve companies, which also include Kellogg, Mars ...
Tags: Food sign, Food, Food manufacturers, food labelling
Food manufacturers including Nestle, Mondelez International and Unilever have announced plans to "harmonise" the way they label the nutritional information for products sold in the EU. Twelve companies, which also include Kellogg, Mars ...
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
US canned food firm Seneca Foods has announced it could buy local peer Independent Foods. Seneca Foods said it had signed an MOU "contemplating an acquisition" of the company, which makes branded and own-label canned fruit. Any deal ...
Tags: canned food, acquisition, Seneca Foods
US own-label firm TreeHouse Foods has cut its full-year earnings guidance as it announced plans to shut its soup and salad dressing facilities. TreeHouse this morning (8 August) lowered its full-year adjusted profit outlook to between ...
Tags: TreeHouse Foods, soup and salad dressing facilities, operating profit
A "coalition" of UK farming organisations has unveiled a ten-point plan that it claims will help secure the long-term future of the country's dairy industry. The plan, agreed by all members of the Dairy Coalition, focuses on "exposing bad ...
Tags: Campaign Strategy, Dairy, dairy industry
Concern over the impact higher pig prices could have on UK meat processor Cranswick sent the company's shares falling today (8 October). Cranswick, which reported a 6% increase in first-half sales, said the increasing cost of animal feed ...
Tags: Pig Prices, Cranswick Shares, meat processor
ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year. The $90-a-share deal, which values Ralcorp at US$6.8bn, was announced today (27 ...
Tags: Ralcorp Holdings, Post Holdings, packaged food companies
UK confectionery wholesaler Hancocks Group has been sold in a management buy-out backed by H2 Equity Partners. The private-equity firm said it plans to "build on Hancocks' strong position in the market to take the company forward in the ...
Tags: Hancocks, depot network, management buy-out
Success in cutting costs quicker than expected, as well as an increase in underlying half-year sales and profits, helped drive Premier Foods plc's shares this morning (7 August). The UK food group said it now expects to cut costs by ...
Tags: cutting costs, UK food group, Premier Shares
Shares in UK meat processor Cranswick were up this morning (26 November) after the company said talks to secure price increases to offset higher costs were "progressing well". An increase in feed costs and upcoming EU legislation on ...
Tags: meat processor, feed costs, animal welfare