Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products
US natural and organic food group Annie's has booked an increase in second-quarter income, which was boosted by a 20% increase in sales during the period. Annie's reported adjusted net income, which strips out the impact of a share ...
Tags: natural food, organic food, food
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
UK retailer Asda has booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. In the three months to the end of June, excluding fuel, net sales grew 3.2%. Comparable sales, ...
Tags: Asda, sales, financial year, Q2
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
US natural and organic retailer Whole Foods Market booked a 49% jump in fourth-quarter profits to round off a year in which earnings increased by more than a third. Whole Foods posted net income of US$112.7m for the three months to the ...
Tags: Whole Foods Market, natural food, organic food, food industry
The UK expects its tax revenues from the oil and gas industry to slip by more than a third in the current tax year as declining North Sea production levels, lower than expected oil prices and upstream tax breaks crimp its receipts, the UK's ...
Australian food manufacturer Gourmet Food, which was placed into receivership, has attracted more than 100 bidders over the sale of a part or the complete business. Ferrier Hodgson partner Jim Sarantinos said that considering the level of ...
Tags: Gourmet Food, complete business, food industry, food company
UK wholesaler Booker today (24 May) suggested it is positioning itself for further growth in the year to come through its strategy to "focus, drive and broaden" the business. The company posted a 27% rise in annual profits, which ...
Tags: Booker, catering customers, catering
Swiss chocolate maker Barry Callebaut insisted it is "confident" on the outlook for the coming fiscal year after investments weighed on the group's bottom line. Barry Callebaut booked a drop in net profit this morning, with earnings for ...
Tags: Investment, chocolate maker, chocolate
The Gymboree Corporation reported consolidated financial results for the third fiscal quarter ended October 27,2012. For the third quarter of the fiscal year ending February 2,2013("fiscal 2012"),net sales were$311.5 million,an increase ...
Tags: financial results, net sales, acquisition
According to Deutsche Bank AG, BHP Billiton Ltd, the world's biggest mining company may attract investment of USD 2 billion from fertilizer makers as well as sovereign wealth funds in its Canadian potash project. Deutsche analysts Mr ...
Tags: BHP Billiton, Deutsche Bank, mining company
MNA reported that Iran's oil revenues during the Iranian calendar year of 1390 which ended on March 19th 2012 amounted to USD 118 billion. And the Islamic Republic's oil revenues during the first quarter of the current Iranian calendar year ...
Tags: oil revenues, oil export, OPEC governor, OPEC