Groupe Bel profits jump in 2015
Babybel owner Groupe Bel has posted a 50% jump in annual profits, boosted by currency fluctuations and low commodity prices.
View ArticleBaxters Food Group gets boost from M&A but underlying sales down
Baxters Food Group, the UK-based soup and convenience foods maker, has reported a 40% rise in sales in its most recent financial year thanks to an acquisition in the US - but underlying sales were down.
View ArticleNestle, Unilever sign UK pledge to cut waste by 20%
Food manufacturers and retailers operating in the UK - including Nestle, Unilever, Tesco and Asda - have signed up to cut food and drink waste in the country by a fifth in ten years.
View ArticleThe outlook for UK food policy under Conservatives to 2020 - and beyond
The UK's Conservative Party may only have a working majority in the House of Commons of 17 but, with the Labour Party struggling to convince voters it could be a credible alternative, the country could...
View ArticleFood and Drink Federation opposes Brexit
The UK should remain in the EU, the Food and Drink Federation, the industry association representing food and soft drink manufacturers in the country, has announced.
View ArticleProduce Investments reports mixed H1
Produce Investments, the UK-listed potato supplier, today (16 March) booked a mixed set of half-year results, with sales down, one-off charges leading to a first-half loss but operating profit higher.
View ArticleValio another dairy group to see sales slide in 2015
Valio, the Finland-based dairy group, saw its sales drop almost 12% in 2015, the latest company in the sector to report it felt the pressure from the tough trading conditions in the sector.
View ArticleCargill UK poultry jobs at risk after Asda contract loss
Cargill is to end the production of bread and battered products at a poultry plant in the UK city of Hereford after the loss of a contract to supply Asda, the country's second-largest grocer.
View ArticleBoparan Holdings sees progress in Q2 on chilled, brands
Boparan Holdings, the company behind the UK's 2 Sisters Food Group, this morning (16 March) reported a rise in underlying sales and improved profitability for the second quarter of its financial year.
View ArticleFinsbury Food Group H1 sales up on organic growth, M&A
Finsbury Food Group, the UK baker, has reported improved half-year results, boosted by the recent acquisitions of Fletchers Group and Johnstone's but also from the benefit of underlying growth.
View ArticleGrupo Siro sees mixed 2015
Spanish biscuit-to-pasta maker Grupo Siro reported lower operating profit for 2015 in a year that the group increased investment in its operations and grew sales.
View ArticleWhat could surprise UK sugar drinks tax mean for food industry?
The UK government yesterday announced a surprise move to tax sweetened soft drinks. Ben Cooper examines the implications this latest move may have for the government's child obesity strategy, expected...
View ArticleControversy as UK guidelines call for lower dairy intake
New healthy eating guidelines from Public Health England calling for a cut in dairy consumption have been called "baffling and disappointing" by representatives of the dairy industry.
View ArticleFood industry quotes of the week - UK sugar tax, US and GMOs, France and palm...
Regulation - or the possibility of it - on the sector dominated the week's headlines. After the UK announced plans to tax sugary drinks, we looked at the possible on the country's food sector. In the...
View ArticleFood industry news of the week - UK sugar tax, UK industry and Brexit, US and...
The UK government's plan for a tax on sugary drinks surprised the market this week - and left the food sector pondering whether it would be next for fresh intervention. Meanwhile, the country's food...
View ArticleSpain's Portobello Capital takes "significant stake" in Ramón Sabater
Spanish private equity firm Portobello Capital has acquired a "significant stake" in herbs and spices supplier Ramón Sabater.
View ArticleDr Schar to invest in Spanish plant
Dr Schar, the Italy-based gluten-free group, has announced plans to invest EUR11.5m (US$12.9m) in sweet bread and rolls production at a plant in Spain.
View ArticleTangerine Confectionery chief executive Benoit Testard dies
Benoit Testard, the chief executive of UK-based Tangerine Confectionery, has died, aged 60.
View ArticleFrench Assembly approves palm oil tax hike
France's National Assembly has agreed to raise taxation on palm oil but, faced with protests from producing countries Indonesia and Malaysia, the amount is considerably smaller than the recommendation...
View ArticleHain Celestial's Orchard House buy set for UK competition probe
The UK competition watchdog, the Competition and Markets Authority, has launched an investigation into the impact Hain Celestial's acquisition of Orchard House Foods will have on competition in the...
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