Food firm Kerry Group has posted promising half yearly figures despite UK brands flat-lining in spreads and frozen food as a result of heavy promotions and the horsemeat effect. While the firm’s Richmond sausages, Wall’s ...
Tags: Kerry Food
Japanese ingredients company Ajinomoto has opened a new JPY17bn ($170m) facility for the production of umami seasoning AJI-NO-MOTO in Ayutthaya Province, Thailand. The completion ceremony was held on 15 July and full-scale operation ...
US-based ConAgra Foods has reported that its net earnings increased to $192.2m in the fourth quarter of 2013, compared to a loss of $86.2m in the same period a year ago, when the company incurred charges related to a change in accounting ...
Tags: ConAgra Foods, Agriculture
Ireland-based ABP Food has sold its Silvercrest facility at Ballybay Co Monaghan to Kepak for an undisclosed amount, as part of its strategic decision to exit from the frozen burger sector in the country. The sale involves the transfer of ...
Tags: ABP Food, Silvercrest Facility
Dairy co-operative Irish dairy board (IDB) has reported that its net revenues increased by 2.4% to €2.02bn for the fiscal 2012, compared with €1.98bn in 2011, driven by growth in its Consumer Foods and Dairy Trading & Ingredients ...
Tags: Irish Dairy, Dairy
US-based ConAgra Foods has reported that its net earnings declined by 57.2% to $120m for the third quarter of 2013, compared with $280.1m in the same quarter in 2012 due to costs related to its acquisition of Ralcorp, although the move ...
Tags: Conagra Foods, Net Earnings, Agriculture
Kerry Group booked a double-digit increase in sales and earnings for fiscal 2012, with growth driven by its ingredients and flavours arm. In a regulatory filing released this morning (26 February), the Irish food and ingredients group ...
Japanese ingredients company Ajinomoto has commissioned its new umami seasoning repacking plant in Dhaka, Bangladesh. The facility is located in the Tongi Industrial Area of Dhaka. Ajinomoto noted that strengthening and increasing the ...
Tags: Ajinomoto, umami seasoning repacking plant, Bangladesh
Fiscal 2013 Second-quarter Highlights(%cited vs.year-ago period amounts,where applicable): Diluted EPS from continuing operations of$0.51 as reported and$0.57 adjusted for items impacting comparability,up 19%as reported and up 16%on a ...
Tags: consumer foods, commercial foods, ConAgra Foods, profit
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food
ConAgra Foods has named former PepsiCo executive Bill Hutton as head of the company's consumer foods international business. Citing Hutton's FMCG experience in emerging markets, ConAgra also emphasised that he is adept at "creating value ...
Tags: consumer foods, international business, emerging markets
Irish food manufacturer Kerry Group has booked a decline in first-half profits. In the six months to the end of June, profits after taxation dropped to EUR107.6m (US$132.8m) from EUR144.4m last year. Operating profit declined 23.9% to ...
Tags: Irish food, first-half profits, EPS guidance
Following the news last week that Premier plc sold its sweet pickles and table sauces business to Mizkan,just-food caught up with the Japanese firm's Euro-Americas president Craig Smith to discuss its plans for the brand.Elsewhere,word ...
Tags: Mizkan, Premier plc, fat taxes, consumer foods
Kerry,the global ingredients&flavours and consumer foods group,issues the following Interim Management Statement for the nine months to 30 September 2012 and reaffirms outlook for full year. Business PERFORMANCE The Group continued to ...
Tags: Kerry Group, growth targets, consumer foods, sales