French alcoholic beverage firm Remy Cointreau has reported a 2.5% increase in its net sales to €513.4m for the first half of this year, compared to €500.7m for the same period in 2015. Operating profits surged 15.9% to ...
Tags: alcoholic beverage, Remy Cointreau
Jiangxi Jiangzhong Pharmaceutical, one of China's major traditional Chinese medicine (TCM) makers, saw its net profit soar 45.2 percent year on year in the first half of 2015. Net profit attributable to the company's shareholders stood at ...
Kenya s East African Portland Cement plans to expand after returning to profit during the six months ended December, boosted by cost cutting and improved cement sales. Portland, Kenya s No. 3 cement producer, said on Monday it was ...
Tags: Kenya s East African Portland Cement, cement sales, company news
Australian pie company Patties Foods has booked a drop in first-half profits as margins were hit by increased competition. Earnings in the six months to the end of December fell 16.5% to A$9.1m (US$9.4m). Patties had forecast the fall in ...
Fiscal 2013 Second-quarter Highlights(%cited vs.year-ago period amounts,where applicable): Diluted EPS from continuing operations of$0.51 as reported and$0.57 adjusted for items impacting comparability,up 19%as reported and up 16%on a ...
Tags: consumer foods, commercial foods, ConAgra Foods, profit
Michael Foods has booked an increase in first-half net profit as lower financing costs, improved margins and higher sales boosted the bottom line. The US egg packer said today (14 August) its net earnings for the six months to 30 June ...
Tags: Michael Foods, first-half net profit, lower financing costs
US regional retailer Tops Markets has reported a half-year profit despite a fall in sales. Tops, which has over 120 stores in New York state and Pennsylvania, booked net income of US$10.1m for the 28 weeks to 14 July, compared to a $1.8m ...
Tags: Tops Markets, H1 profit, lower sales
Dutch supermarket operator and wholesaler Sligro has booked a 25.2% drop in operating profit as intense price competition and challenging economic conditions weighed on margins. The firm revealed this morning (19 July) that net profit ...
Tags: Sligro, profit down, operating profit
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Brazil-based meat processor JBS has reported a first-half profit of over BRL285m (US$140.6m), swinging from a loss of BRL34m a year earlier. An expansion of JBS's domestic beef capacity and a move into poultry in its home market ...
Parmalat has confirmed its full-year growth targets after booking an increase in first-half profits. The Italian dairy group, in which Lactalis owns a majority stake, recorded earnings of EUR82.5m (US$101.6m) in the six months to end of ...
Turkish retailer Migros Ticaret has booked an increase in first-half profits after "strong" same-store sales. In the six months to the end of June, EBITDA totalled TRY196m (US$107.1m), a 10% increase on the prior-year period. Gross profit ...
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
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit