Brazilian beef group JBS has booked an increase in third-quarter profits as sales rose by almost one-quarter in the period. The company said net profit rose to BRL367m (US$178m) in the three months, up from a loss of BRL67.5m in the ...
Tags: beef group, net profit, better equilibrium
Costs related to last year's acquisition of Icelandic Group hit High Liner Foods' bottom line but the new addition helped drive operating profit and sales in the third quarter. Net income in the three months ended 29 September slumped ...
Tags: Liner Foods, Net profit, Net sales
Dutch retailer Ahold has booked a decline in operating profit as investments in pricing hit margins. The company booked an 11% increase in sales, which rose to EUR1.6bn (US$9.67bn) as its strategy to lower prices resulted in higher ...
Tags: Ahold, operating profit, decline, food industry
Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
US convenience retailer Casey's General Stores has reported a fall in first-quarter profits on the back of flat turnover hit by a decline in fuel sales. Casey's booked net income of US$39m for the three months to the end of July. A year ...
Tags: convenience retailer, decline in fuel sales, Casey's General Stores
Lotte Confectionery has reported a slide in first-half profits after a weak second quarter. For the six months to the end of June, the South Korea-based confectionery maker reported net profit down by 14% on the same period of last year, ...
Tags: Lotte Confectionery, first half profits, profit, company news
Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
Canadian food manufacturer and grocer George Weston has recorded a decline in first-half profits thanks to costs from retail division Loblaw. In the six months ended 16 June, net profit dropped 7.1% to C$367m (US$366.4m) as higher costs ...
Tags: Net profit, Operating profit, Net sales
Convenience food group Greencore saw its share price climb nearly 4% this morning (27 November) after booking an increase in full-year profits Net profit soared 79.8% to GBP35.6m (US$57m) on the back of its acquisition of Marks and ...
Tags: Convenience food group, Greencore, share price, net 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
Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
Kosher food specialist G. Willi-Food has recorded a drop in nine-month profits as the firm experienced commodity cost increases and pressures from supermarkets to reduce prices. Net income in the nine months to the end of September ...
Tags: Net profit, Operating profit, Net sales
US retailer Family Dollar Stores has booked an increase in third-quarter profits, boosted by higher sales. In the three months ended 28 May, net profit increased 12.1% to US$124.5m. Operating profit grew 8.2% to $199.4m. Net sales ...
Tags: retailer, Family Dollar Stores, higher sales
ON BSE,0.653 million shares were traded in the counter as against average daily volume of 1.194 million shares in the past one quarter. The stock hit a high of INR 139.90 and a low of INR 136.90 so far during the day.The stock had hit a ...
Tags: BSE, Hindalco, Aditya Birla, aluminium rolling