Swiss food company Nestlé has reported that its net earnings increased 11.57% to CHF10.6bn ($11.5bn) in 2012, compared to CHF9.5bn ($10.35bn) in 2011. The company posted 10.2% increase in net sales to CHF92.2bn ($99.97bn), compared ...
Tags: Nestle, 2012, Net Earnings
Kraft Foods Group today (15 February) said it expected to file a near-11% fall in revenues for the last three months of 2012, with sales down across the US grocery group's businesses. The Oscar Mayer meats firm, which was formed when ...
Tags: Kraft Foods Group, revenues, 2012
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
Hasbro reported a slight drop in overall revenues and profit for its 2012 financial year, as expected. It said the holiday season was "challenging" in certain territories. Net revenues for the full-year 2012 were $4.09 billion, compared ...
Tags: Hasbro Profits, Toys, overall revenues
Sales and profits increased in 2012 at flavours groups Givaudan and Sensient Technologies, although rival IFF saw earnings fall. Givaudan's net income jumped from CHF252m (US$274.5m) in 2011 to CHF411 in 2012 amid higher sales. Revenue ...
Tags: Sales, profits, Flavors, Fragrances
American Financial Group has reported net earnings attributable to shareholders of $50m, or $0.54 per share for the fourth quarter of 2012, against $109m, or $1.09 per share during the same period earlier year. The P&C specialty insurance ...
Tags: American Financial Group, net earnings, 2012
Costs linked to the spin off of US cereal firm Post Holdings have hit its quarterly profits but the Grape Nuts maker saw sales increase 8%. Post reported net earnings of US$7.6m for the three months to 31 December, the first quarter of ...
Tags: cereal firm, Nuts maker, Honey Bunches
Gildan Activewear Inc announced record results for the first quarter of a fiscal year, which was slightly in excess of the guidance range which it had previously provided, and reconfirmed its earnings guidance for fiscal 2013 which it had ...
PUMA reported results for the fourth quarter and full year. 2012 Fourth Quarter Highlights •PUMA's consolidated sales climb by 11.7% in Euro terms to € 804.7 million. •Gross profit margin declines to 44.6% due to ...
Tags: PUMA, Sale, fourth quarter
US-based snack company Snyder's-Lance has reported that its net earnings increased by 54.4% to $59.09m for the full-year 2012, compared to $38.26m in 2011. For the year ended 29 December 2012, the company posted 1.2% decrease in net sales ...
Tags: snack company, Snyder's-Lance, net earnings
US dairy company Dean Foods has reported that its net earnings increased to $167.5m for the fiscal 2012, compared to a loss of $1.58bn for the same period in 2011. For the year ended 31 December 2012, the company reported 2% decline in ...
Tags: dairy company, Dean Foods, net earnings
Agri-giant Archer Daniels Midland has booked a jump in first-half net earnings, as lower one-off costs and higher sales boosted the bottom line. Net earnings in the six months to 31 December rose to US$692m, up from $440m in the ...
Tags: Agri-giant, oilseed, agricultural services
US-based Mead Johnson Nutrition has reported that its net income increased by 48.1% to $132.3m for the fourth quarter ended 31 December 2012, compared to $89.3m for the same period in 2011. The company's net sales increased by 7.65% to ...
Tags: Mead Johnson Nutrition, net income, the fourth quarter