Danone remains confident despite sales slowdown
French dairy giant Danone has recorded a higher than expected rise in first half operating profit but sales growth slowed down in the second quarter.
View ArticleNestle first-half sales hit by divestments and foreign exchange
Global food giant Nestle saw sales decrease in the first half of the year, hit by divestments and foreign-exchange adjustments.
View ArticleUK factory closure date undermines Greencore's positive sales news
Ireland-based convenience food group Greencore has reported a 77% increase in sales but revealed the date for a factory closure in the UK.
View Article2 Sisters meat division director seeks greener pastures
2 Sisters Food Group's Red Meat division is losing its procurement director after 22 year of service, as John Dracup chooses greener pastures to pursue his passion for farming.
View ArticleNew sales director for Mondelez impulse sector
Cadbury owner Mondelez International has appointed Scott Snell as its new sales director of the impulse sector. He has more than 20 years of experience in the food and drink industry, and was latterly...
View ArticleUK meat processor goes under, jobs lost
A UK meat processor has gone into administration with the loss of 68 jobs.
View ArticlePodravka posts gloomy H1 results after disinvestment, layoffs
The disinvestment of Podravka's beverage business continued to weigh on the Croatian food producer's financial results in the first half of the year.
View ArticleDanone - analysts largely upbeat following results
Analyst reaction to French dairy giant Danone's latest set of results appears to be largely positive.
View ArticleParmalat books higher H1 revenue only for CEO to announce resignation
Just as Italian diary giant Parmalat reported an almost 10% increase in preliminary first-half revenue, albeit due to an unexpected rise in milk prices in its main markets, CEO Yvon Guerin announced he...
View ArticleGreencore Q3 sales up, reveals date of UK plant closure
Ireland-based convenience food group Greencore has reported a 77% increase in sales but revealed the date for a factory closure in the UK.
View ArticleBel sales pick up but warns of tough outlook as profit slumps
French dairy company Bel Group, the maker of Boursin cheese, saw sales turn around in the second quarter but warned of a tough economic environment ahead after profits sank.
View ArticleVion plans to buy out Germany's meat and sausage producer Otto Nocker
Vion Food Group plans to purchase German meat and sausage producer Otto Nocker as the company seeks to move up the value chain.
View ArticleChina's Sanyuan, Fosun team up to buy France's St. Hubert
China's Sanyuan Foods and Fosun Group are to team up to buy the controlling shareholders in France's St. Hubert.
View ArticleSwiss dairy group Emmi to sell 24% stake in Venchiaredo
Swiss dairy group Emmi is selling its 24% stake in Italian cheese specialist Venchiaredo to focus on markets and sectors with "growth potential".
View ArticleThe rise of the 'professional shopper' in Greece
Last week, Greece's Prime Minister, Alexis Tsipras, said the "worst" of the country's economic troubles were "clearly behind us". Two years ago, IRI's Panagiotis Boretos took to these pages to discuss...
View ArticleDeoleo points to Q2 profit as H1 losses narrow
Spain-based olive oil producer Deoleo has reported a year-on-year fall in its first-half losses despite raw-material prices putting pressure on its operating profit.
View ArticleSafeway own-label to return in UK through Morrisons, McColl's deal
Morrisons, the UK's fourth-largest grocer, said today (1 August) it will relaunch Safeway own-label products through a wholesale deal to supply local convenience retailer McColl's.
View ArticleReal Good Food issues profit warning
The UK's Real Good Food has issued a profit warning after the auditing of its annual accounts revealed issues about sugar contracts.
View ArticleUnilever mulling job cuts in Germany, claims union
One thousand Unilever jobs in Germany are "under threat" as the FMCG giant looks to generate savings and grow profits, a local trade union has warned.
View ArticleBrussels offers "support" but no law change on 'dual-quality' foods
The European Commission, faced with four angry member states claiming foods of lower quality are being sold in their countries compared to in neighbouring markets, has announced its support for...
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