Indian bakery and dairy business Britannia Industries has reported consolidated revenue growth of 10% to $325.4m (Rs. 2,224 crores) in its third quarter, and 12% growth for the year up to December 31, 2015 to $939m (Rs. 6,417 crores).
Meat solutions in the Americas helped Sealed Air Corporation offset struggles in tough markets during its fourth financial quarter (Q4), according to president and chief executive officer Jerome Peribere.
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.
Huhtamaki suffered mixed fortunes in the first half of 2011 as strong performance in its flexible ops and emerging markets were countered by high raw material costs, negative currency effects and operational problems on some lines.
Swiss bakery group Aryzta had a decline in revenue of 7.4 per cent, which translated as €800.9m in the first half of 2009, with consumer and customer limited spending power cited as the chief factor for the decrease.
US-based food and body care company Sara Lee yesterday posted
profit gains for the second quarter of the fiscal year 2008, with
particularly strong performances from the international beverage
and bakery divisions.
Heinz yesterday posted 4.1 per cent growth in sales for
its 2007 fiscal year results as it benefited from improving
fortunes within Europe and its regional operations in markets
like Asia and Latin America.
H.J. Heinz strategy to raise prices and cut costs has paid off in
profit margins increasing to 15.5 per cent in the second quarter of
2006, two percentage points higher than the comparable period last
In a move to secure its supplier base for its bakery operations and
expand its business, the UK's Real Good Food Company (RGFC) said
yesterday it would buy Napier Brown Foods, a sugar group, for
Despite a slower final quarter, Austria-based packaging provider
Mayr-Melnhof has reported strong financial results for 2004, on the
back of a number of acquisitions the company has made in the past
year, writes Simon Pitman.
Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.
New Dragon Asia, a leading producer of flour and flour-related
products to the China market, has reported strong results for its
second quarter, reflecting increasing sales, net income and the
gross profit margin caused by improvements...
UK food processor Northern Foods has blamed a drop in pre-tax
profit on tough trading conditions in the first half of the year.
The group is taking stock of the situation and a full review of the
company's structure is being...
Recently published sales figures from Sartorius indicate that 2003
has not been a great year for the German biotechnology group.
Third-quarter earnings have been negatively affected by the
impending insolvency of the group's...
It has been quite an eventful year for Rock-Tenn. Two acquisitions
were made, and in September, the firm sold its plastic packaging
assets to global packaging giant Pactiv. In addition, recently
published results suggest that a degree...
Crown Holdings, the US-based global packaging provider, has
announced a drop in its quarterly earnings to the end of September
following a change in its accounting terms, but the company's
year-to-date results continue to show...
Dutch life science company DSM saw net profit for the fourth
quarter of 2001 rise to €1,031 million from €119 million in the
fourth quarter of 2000, largely due to the sale of the depositary
receipts. Profit on 4Q ordinary activities...