PepsiCo focused on premium and value snacks

PepsiCo maintains polarized snacks strategy

By Kacey Culliney

Pepsico will continue to drive penetration in premium and value snacks as the business arm stood stable amid a 5% overall profit slip for Q3, its CEO said.

Nestlé 9-month sales up 11%

Emerging markets continue to drive Nestlé sales

By Oliver Nieburg

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

Puratos and Grand-Place sign the joint venture agreement

Puratos inks Vietnam JV with chocolatier

Puratos Group has inked a joint venture in Vietnam with Belgian chocolatier Grand-Place to seize on surging demand in the bakery, patisserie and chocolate sectors in the country.

United Biscuits sale will happen, but not just yet...

United Biscuits sale inevitable, but not yet…

By Kacey Culliney

United Biscuits has dismissed rumors that former Tesco boss Sir Terry Leahy is heading a bid to buy its KP Snacks arm but confirmed to that an eventual market sale is inevitable.

Wilmar International has not bid for our business, says Goodman Fielder

Buy-out rumours are false says Goodman Fielder

By Kacey Culliney

Australian food firm Goodman Fielder has denied rumours that a full buy-out by Asian palm oil giant Wilmar International is on the cards as it records big losses in 2012

Cargill full year earnings ‘not up to expectations’: CEO

Cargill full year earnings ‘not up to expectations’: CEO

By Caroline Scott-Thomas

Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.

CSM battles costs, but H1 profits still down

CSM battles costs, but H1 profits still down

By Rod Addy

CSM clawed back some pre-tax profit losses from higher raw material costs and falling demand in its second financial quarter, but pre-tax profits remain down for the half year (H1).

Kraft boosts profits 5% in Q2, reaffirms outlook

Kraft boosts profits 5% in Q2, reaffirms outlook

By Caroline Scott-Thomas

Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.

Costly consolidation should benefit business in future, says Ralcorp

Ralcorp set to fork out $22m on consolidation

By Kacey Culliney

Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs and drive business forward.

Kellogg's eats its way into the snacks arena, at the expense of its cereals?

Snacks: Kellogg’s Q2 cereal killer?

By Kacey Culliney

As Kellogg posted its Q2 results, the spotlight was on its snacks dedication with key brands soaring as cereal sales dipped slightly.

Mexico and India important for snacks growth, says PepsiCo CEO

PepsiCo reports snacks stable amid Q2 profit drop

By Kacey Culliney

As PepsiCo reported a 21% drop in overall profits for Q2 earnings today, snacks are holding steady thanks to global NPD investments and strong growth in Mexico and India, according to the CEO.

Follow us


View more