French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
Turkish retailer Migros Ticaret has booked an increase in first-half profits after "strong" same-store sales. In the six months to the end of June, EBITDA totalled TRY196m (US$107.1m), a 10% increase on the prior-year period. Gross profit ...
Russian meat processor Cherkizovo has reported a jump in first-half earnings as profits from each of its three businesses increased. Net income was up 56% to RUB2.95bn (US$94.4m) for the period to the end of June. Operating income ...
Tags: Meat, meat processor, Net income, meat processing
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
UK cake maker Finsbury Food Group has seen its annual sales propelled by new product development and contract gains in the back half of last year. The company booked a 9.4% increase in sales for the year to 30 June, which rose to GBP207m ...
Tags: Finsbury Food Group, annual sales, product development, food industry
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
French retail giant Casino has booked a 35% jump in third-quarter sales, boosted by a strong international showing and a contribution from acquisitions. In a sales update released yesterday (15 October), Casino said group sales increased ...
Carrefour today (30 August) reported a fall in half-year profits but shares in the French retail giant rose as analysts had expected a steeper decline. The French retail giant booked recurring operating income of EUR769m (US$965.3m), down ...
Tags: Carrefour, retail giant, operating income, profit drop
Carrefour today (11 October) claimed its domestic business is improving after reporting an increase in third-quarter French revenues, although underlying sales were down. Sales in France "showed an improvement", the retailer said, ...
Swiss meat processing company Bell Group said it is "holding up well", despite booking a drop in first-half profits today (9 August). The company said it faced a "difficult" trading environment in the six-month period as net profit ...
Tags: Bell Group, meat processing company, meat, meat processing
Booker has said Makro's performance in the second quarter was "challenging" as the firm booked an increase in group sales. Sales in the 12 weeks to 14 September 2012 climbed 4.3% and 3.3% in the first 24 weeks of the year. The wholesale ...
Tags: food wholesaler, food industry, tobacco sales, tobacco
"Weak" global consumption of chocolate hit profits at Singapore chocolate and cocoa group Petra Foods in the third quarter. Petra said its cocoa ingredients division started the year on a "positive" note but said the industry is facing ...
Tags: Petra Foods, chocolate, Singapore chocolate, cocoa
Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures. In the three months to the end of September, profit after tax fell 0.7% to SEK265m (US$39.7m), which Axfood ...
Tags: Axfood, Q3 profit, costs, store closures
South African retailer Woolworths Holdings has forecast its annual earnings could increase by up to 30% on the back of higher sales and gains from foreign exchange. Woolworths said its headline earnings per share - a key financial metric ...
Tags: Woolworths Holdings, annual earnings, foreign exchange, sales
Woolworths Ltd today (23 July) revealed it was able to grow its full-year sales, despite the Australian retailer's supermarkets reporting falling prices. In an announcement to the Australian stock exchange, Woolworths said sales rose by ...
Tags: Woolworths Ltd, retail, supermarket, falling price