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Fonterra Establishes New Application Center in China to Develop Innovative Dairy Products
Nov 2, 2015New Zealand-based dairy company Fonterra has established a new Application Center in Guangzhou to develop innovative dairy products and services to the company’s foodservice customers in the region. The Guangzhou facility is ...
Tags: Fonterra, Dairy Products
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ASOS Managed to Post a Sales Growth of 8 % Year on Year in Three Months Ending Nov.30 2014
Dec 17, 2014Driven by UK sales but let down by international sales, online fashion retailer, ASOS managed to post a sales growth of 8 per cent year on year in the three months ending November 30, 2014. Although international sales dropped by 2 per ...
Tags: online fashion retailer, trading, Apparel
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Nike May Be The Next to Walk From Manchester United
May 8, 2014Reports out of the United Kingdom suggest Adidas is preparing a £60 million a year bid to take over the kit rights to the internationally known soccer club when Nike's current 10-year., £300 million contract expires in June ...
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For 2013,Rexam Posted a 1% Rise in Sales to £3.9bn
Feb 24, 2014For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
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Profits of Oil Giant China Sinopec Increased More Than 10 Billion Yuan
Jan 2, 2014Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months. Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the ...
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BT Reported a Two Per Cent Rise in Its Full-Year Profits to £2.5bn
May 13, 2013Telecoms giant BT reported a two per cent rise in its full-year profits to £2.5bn for the year to 31 March, but revenues for the year slipped five per cent to £18bn. BT beat analysts' expectations of a five per cent drop in ...
Tags: Computer Products, BT
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TreeHouse Foods Books a Decline in Full-Year Profits
Feb 22, 2013US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry
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Revenue for The Full Year to 31 December 2012 Was at Pound 3.3bn, a 2% Rise
Feb 21, 2013Revenue for the full year to 31 December 2012 was at pound 3.3bn, a 2% rise, while underlying pre-tax profit was up 1% to pound 418bn. Graham Chipchase (pictured), Rexam’s chief executive, said: “”In 2012, we made ...
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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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B&G Foods Has Recorded an Increase in Full-Year Profits
Feb 19, 2013US firm B&G Foods has recorded an increase in full-year profits, boosted by acquisitions and price increases in 2012. Earnings in the 12 months ended 29 December amounted to US$59.3m, a 17.9% increase on the prior year period. Operating ...
Tags: B&G Foods, full-year profits, acquisitions
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PepsiCo Posts a Fall in Full-Year Profits and Sales as a 53rd Week in 2011
Feb 19, 2013PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
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Nestle Books an Increase in Full-Year Profits But Slowing Underlying Sales Growth
Feb 19, 2013Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
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Kellogg Has Recorded an Increase in Full-Year Profits and Reiterated Its 2013 Outlook
Feb 6, 2013US cereal giant Kellogg has recorded an increase in full-year profits and reiterated its 2013 outlook. Earnings in the year to 29 December amounted to US$961m, an 11.2% increase on the prior-year period. The growth was boosted by its ...
Tags: Kellogg, cereal giant, Profits
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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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Canadian Retailer Sobeys Has Booked an Increase in Full-Year Profits
Dec 12, 2012Canadian retailer Sobeys has booked an increase in full-year profits. In the 12 months ended 5 May, net profit was up 2.3% to C$304.1m (US$296.6m). Adjusting for the additional week of operations at Sobeys in fiscal 2011, net earnings ...
Tags: Sobeys, increase profits, net earnings