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
UK own-label firm Bakkavor has returned to profit in the third quarter of the year. Earnings in the three month period amounted to GBP2.8m (US$4.5m) compared with a loff of GBP5.7m in the prior year. The improvement was predominantly ...
Tags: Bakkavor, food, food industry, Profit
US pasta and pesto manufacturer Armanino Foods of Distinction has booked an increase in third-quarter profits and sales, driven by growth in all areas of the business. In the three months to the end of September, net profit climbed 16.5% ...
Tags: Armanino Foods, pasta, pesto, Foods
US dairy company Dean Foods has swung to a profit of$36.44m in the third quarter of 2012,compared to a loss of$1.55bn in 2011,when the company incurred a$1.9bn goodwill impairment charge related to its Fresh Dairy Direct segment. Net ...
Tags: profit, net sales, quarter results
Switzerland’s Zurich Insurance Group has reported that its net profit attributable to shareholders after taxes for the third quarter of 2012 has declined by 62% to $477m from $1.2bn during the same period a year ago. Total business ...
Tags: Zurich Insurance Group, net profit, insurance, quarter 1
WhiteWave Foods has booked a drop in third-quarter earnings as an increase in expenses hit earnings. In the three months to the end of September, WhiteWave, which was spun off from Dean Foods last year, posted a profit of US$26.3m, down ...
Tags: plant-based foods, beverages, coffee creamers, Silk Soymilk
South Korea's largest ethylene producer, Yeochun Naphtha Cracking Center, said Thursday its net profit dropped 40% year on year to Won 144.7 billion ($133.5 million) for the first nine months of the year, compared with Won 241.3 billion a ...
Tags: ethylene producer, Naphtha Cracking Center, Operating profit, profit
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains. In a filing yesterday (15 November) Target said it had earned US$637m, or $0.96 per share, in the third quarter ...
Tags: jump in profits, retailer, stocks, higher sales
Finnish meat firm HKScan has booked an increase in third-quarter profit and reaffirmed its full-year guidance. In the three months to the end of September, the company earned EUR6.9m (US$8.8m), a 23.2% increase on the prior year period. ...
Shares in cereal and snacks giant Kellogg rose today(1 November)after the Special K and Pringles owner reported better-than-expected third-quarter earnings. However,the US group still reported a slide in internal operating profit,which ...
Tags: Kellogg, cereal, snacks, Pringles, Third Quarter Result
Crown said it had indefinitely postponed the plans to build new two new sites in Nanning and Xinxiang, China "consistent with our prudent approach in investing capital". The beverage can giant only announced plans to build a new plant ...
Tags: beverage, can, china, Crown, aluminium beverage cans