Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
Pan-Asian retailer Dairy Farm International Holdings has posted a rise in half-year profits, boosted by recent acquisitions and new store openings. Profit attributable to shareholders increased 8% to US$245m for the first six months of ...
Tags: Profits, Dairy Farm, International Holdings
Sweden-based retailer ICA, in which Dutch retail giant Ahold owns a majority stake, has reported higher half-year profits. ICA, which has stores in Sweden, Norway and in the Baltic, booked net income of SEK776m (US$117.2m), up from ...
Tags: Retailer ICA, earnings rise, majority stake
Russian retailer O'Key has recorded an increase in half-year profits on the back of higher sales. Earnings in the six months to the end of June climbed 36% to RUR1.47bn (US$45.5m), the group reported today (30 August). EBITDA amounted to ...
Tags: O'Key, retailer, half-year profits, higher sales, selling space
A fall in costs pushed up half-year profits at Fresh Del Monte Produce despite the US company reporting lower sales. Fresh Del Monte said today (31 July) its first-half net income was US$119.7m, up from $90.4m a year earlier. The higher ...
Tags: Fresh Del Monte Produce, lower sales, profit, company news, food industry
US discount retailer Dollar General has booked higher half-year profits after it increased sales. Dollar General reported net income of US$427.6m for the six months to 3 August, up from $303m a year earlier. Operating income was $771.5m, ...
Tags: Profits, Sales increase, candy, snacks sales
London-listed Ukrainian dairy firm Ukrproduct has forecast "improved" half-year profits. Ukrproduct said lower prices for raw milk, higher sales of cheese and the decision to start selling traditional fermented beverage kvass helped the ...
Tags: Profit Improvement, raw milk, cheese revenues, margin outlook
Belgium-based Ter Beke has reported a sharp drop in half-year profits, due to higher raw material costs and one-off charges. For the six months to the end of June, the meat and ready meals group said net profit sank by 31% on the same ...
Tags: Net sales, EBITDA, net profit
Singapore-based consumer and B2B chocolate and cocoa group Petra Foods has booked an increase in half-year profits despite lower sales. A strong performance from Petra Foods' consumer brands offset a fall in sales and earnings from cocoa ...
Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business. CSM shares finished 3.05% higher on ...
Tags: Dutch food, bakery businesses, net sales
US dairy group Dean Foods has reported a jump in half-year profits as a focus on costs offset flat sales. Dean Foods yesterday (7 August) reported net income of US$94.5m for the six months to the end of June. A year earlier, it had booked ...
Tags: Cost control, Dean Foods Profits, Dean Foods
Shares in Dairy Crest were higher this morning (24 September) after the UK dairy group said its expectations for annual profits had not changed despite a "challenging" first half of the year. In a trading update, Dairy Crest admitted ...
Tags: Dairy, FY profit, H1 problems
Carrefour today (30 August) reported a fall in half-year profits but shares in the French retail giant rose as analysts had expected a steeper decline. The French retail giant booked recurring operating income of EUR769m (US$965.3m), down ...
Tags: Carrefour, retail giant, operating income, profit drop
Ahold today (4 September) admitted it is weighing up the options for its stake in ICA, the Sweden-based retailer. The Dutch retail giant owns 60% of ICA, which has stores in Sweden, Norway and the Baltic states. Ahold said it wanted to ...
Tags: Ahold, food retailer, food, food industry
The established markets of UK meat processor Hilton Food Group are under pressure, according to analysts, despite first-half results coming in above some expectations. The company this morning (11 September) reported flat half-year ...
Tags: Hilton, meat processor, Food Group, Food