Meat firm Cranswick has offset rising pig prices to deliver "impressive growth" in the three months to December 31, according to City analysts. Cranswick delivered "impressive growth", despite soaring pig prices Panmure Gordon analyst ...
Tags: Cranwick, pig prices, Meat firm
UK pork producer Cranswick has managed record high pig prices and grown sales during its third quarter. The group said today (31 January) its underlying sales were up 7% in the period to 30 January thanks to "strong" volume growth. ...
Tags: pork producer, Cranswick, pig prices
Belgian discount supermarket group Colruyt booked an increase in sales for the first nine months of the year, with growth reported at both its retail and wholesale units. The company said that overall sales rose by 6.1% to EUR6.26bn ...
Tags: Colruyt, discount supermarket, retail
Unilever will cut up to 125 jobs in the US after announcing plans to close close its Atlanta-based spreads factory. The group said late last week that it will close the plant by 30 June this year. "The action is being taken to address ...
Tags: Unilever, US, spreads factory
Unilever has booked an expectation-beating increase in underlying sales as growth of its personal care division offset a "weak" food performance. The Anglo-Dutch consumer goods giant said today (23 January) that underlying sales in the ...
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to ...
Tags: food inflation, Sainsbury, sales, Retail Pack
Convenience food group Greencore has reported a rise in third-quarter sales, boosted by growth across its business. The company today (31 July) posted a 6.7% increase in underlying sales for the 13 weeks to 29 June. The 6.7% "core ...
Tags: Greencore, sales, underlying sales, company news
Ahold has booked a 3% drop in net income during the first quarter of 2012 as the retailer invested in price cuts in the face of weakening consumer sentiment in Europe and the US. First-quarter net income fell 3.1% to EUR282m (US$352m), ...
Unilever's shares were up 3% this morning (25 October) despite food sales volumes falling in the third quarter as its spreads brands suffered from high pricing in key markets. Unilever, which owns food brands including Knorr stock cubes ...
Tags: food volumes slide, Unilever, high pricing
Russian retailer Magnit saw its underlying sales accelerate in the third quarter of the year. Magnit reported a 7.1% increase in like-for-like sales for the three months to the end of September. Traffic and the average ticket were both ...
Tags: Russian retailer Magnit, underlying sales, third quarter
Food sales volumes fell at Unilever in the second quarter of 2012 after an increase in the first three months of the year, highlighting the current challenging nature of the sector. Unilever, which owns food brands including Knorr stock ...
Tags: Unilever, sales volumes, Knorr, Flora butter, lower food volumes
Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits
Premier Foods plc has launched its Bisto brand into the UK stock pot category, with a product that will take on Unilever's Knorr. Bisto Stock Melts will go on sale next month and rival Knorr Stock Pots, which was launched in 2008. ...
Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share