Shares in Diamond Foods rose today (18 December) after the Kettle Chips owner reported underlying first-quarter earnings that were ahead of Wall Street forecasts. The US snack group reported adjusted earnings per share of US$0.24 for ...
Intersnack has reached a deal to acquire the snack unit of United Biscuits for an undisclosed sum. The privately-held German snack group will take control of KP Snacks, the UK's second-largest snack business with an annual turnover of ...
Tags: undisclosed sum, snack group, KP Snacks
German food company Zertus has struck a deal to buy UK confectioner and snack firm Zetar. Zertus and London-listed Zetar announced an agreement valuing the UK firm at GBP43.7m. The German company is paying 297p per Zetar share, which ...
Tags: food company, Food Firm, confectioner firm, snack firm
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
Higher sales and marketing costs pushed China Marine to a net loss in the first half of the year. In the six months to the end of June, the China-based seafood snack group recorded a net loss of US$2.79m , compared to earnings of $8.9m last ...
Tags: China Marine, net loss, seafood, canned beverages
Kellogg said today (25 April) that its net profit dropped 2.2% in the first-quarter, as income was hit by weakness in Europe and higher raw material costs. For the three months ended 31 March, Kellogg's net income fell to US$358m from ...
Tags: Kellogg, net profit, dropped, weakness in Europe