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FY Profit
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US Dairy Firm Land O'lakes Has Booked an Increase in Full-Year Profit
Feb 27, 2013US dairy firm Land O'Lakes has booked an increase in full-year profit, boosted by initiatives to build its value-added, branded business. In the 12 month period, net earnings totalled US$241m, a 31% increase on the prior year period. ...
Tags: dairy firm, Land O'Lakes, ull-year profit
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Dia Books an Increase in Profit Boosted by Growth in Iberia and Brazil
Feb 22, 2013Spanish discount retailer Dia said it ended fiscal 2012 having achieved the targets it set itself at the start of the year after booking an increase in profit boosted by growth in Iberia and Brazil. Earnings in the 12 month period were up ...
Tags: discount retailer, Dia, profit
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Canadian Retail Giant Loblaw Books a Drop in Full-Year Profit
Feb 22, 2013Canadian retail giant Loblaw has booked a drop in full-year profit as restructuring charges hit earnings. In the 12 months ended 29 December, net profit slid 15.5% to C$650m (US$857.8m), the company reported today (21 February). Operating ...
Tags: retail giant, FY profit, net profit
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Bell Group Has Booked an Increase in Full-Year Profits
Feb 19, 2013Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
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HKScan Books an Increase in Profits in 2012
Feb 19, 2013Finland-based meat group HKScan booked an increase in profits in 2012 but said the group's performance last year was "below expectations". Earnings amounted to EUR16.4m (US$21.8m), a 34.4% increase on the prior-year period. Operating ...
Tags: meat group, HKScan, profits
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Russian Retailer Magnit Booked a 71.62% Increase in Full-Year EBITDA Today
Jan 23, 2013Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
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Almarai Has Booked an Increase in Full-Year Profits
Jan 22, 2013Saudi food group Almarai has booked an increase in full-year profits, boosted by sales of baked goods and poultry. Earnings in the 12 months to the end of December climbed by 26% on the previous year, to SAR1.44bn (US$384m), the ...
Tags: food group, baked goods, poultry
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Princes Has Booked an Increase in Annual Profits Thanks to Its Acquisition of Canned Food
Dec 20, 2012UK food manufacturer Princes has booked an increase in annual profits thanks to its acquisition of canned food assets from Premier Foods last year. The company grew profit after tax by 13% in the year to 31 March to GBP31.1m ...
Tags: Premier Canning, Agriculture Food, FY Profit, Princes
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Overhill Farms Has Recorded What It Says Is a "Substantial" Increase in Full-Year Profit
Dec 20, 2012Net profit reaches $3.1m Operating profit climbs to $5.15m Net sales grow 14.9% US frozen-food firm Overhill Farms has recorded what it says is a "substantial" increase in full-year profit and sales, despite a "challenging" economic ...
Tags: FY Profit, Overhill Farms, Agriculture Food
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Fyffes Today Increased Its Forecast for Annual Profits, Sending Its Shares Higher
Dec 12, 2012Produce group Fyffes today (3 September) increased its forecast for annual profits, sending its shares higher. Fyffes said it expects EBITA to hit EUR28-33m (US$35.2-41.5m) up from a previous prediction of EUR25-30m. The company said ...
Tags: annual profits, shares higher, group Fyffes, new guidance
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Ralcorp Holdings Agreed to a Takeover Bid From ConAgra Foods
Dec 11, 2012US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
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Greencore Saw Its Share Price Climb Nearly 4% This Morning (27 November)
Dec 11, 2012Convenience 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
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Lancaster Colony Has Booked a Drop in Full-Year Profits
Dec 11, 2012US food manufacturer Lancaster Colony has booked a drop in full-year profits. In the 12 months to the end of June, earnings slid 9.9% to US$95.8m. Operating profits in the period dropped 2.5% to US$143.3m. Lancaster's speciality foods ...
Tags: Lancaster Colony, full year profits, drop, food industry
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UNFI Has Booked an Increase in Earnings for Fiscal 2012
Dec 11, 2012US distributor United Natural Foods (UNFI) has booked an increase in earnings for fiscal 2012. In the 12 months ended 28 July, net profit amounted to US$91.3m compared to $76.7m a year earlier, the company reported today (11 September). ...
Tags: United Natural Foods, earning rise, food market, food industry
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Boparan Holdings Has Moved Into The Black in Its Last Financial Year
Dec 11, 2012Boparan Holdings, the parent company of UK firm 2 Sisters Food Group, has moved into the black in its last financial year when its sales grew ahead of the market. The business booked a profit of GBP42.5m for the 12 months to 28 July, ...
Tags: FY profit, LFL sales, frozen business