Profit

Kraft Heinz has posted disappointing results. Pic: Kraft

Kraft Heinz shaken to the core with a trifecta of financial blows

By Kristine Sherred

Shares in the heavily indebted company have plunged following the revelation of a trifecta of issues, including a $15.4bn write-down, a Securities & Exchange Commission (SEC) probe into its accounting practices and a tepid 2019 outlook that means...

PepsiCo's profits were bolstered by its sales of its salty snacks, despite headwinds from its beverage division.

Frito-Lay props up PepsiCo’s profits as soda goes flat

By Gill Hyslop

Pepsi posted a second-quarter profit that topped analysts’ estimates, helped by strong sales of Frito-Lay and other salty snacks, which offset pressures as health conscious consumers shift away from colas.

Raisio interim CEO Jarmo Puputti

Raisio ‘expanding in new markets and categories’, says CEO

By Katy Askew

Raisio, the Finnish food group, is forging ahead with its strategy to expand in new markets and categories despite operational challenges hitting first-half results, interim chief executive Jarmo Puputti tells FoodNavigator.

International Paper and Graphic Packaging Q2 results

International Paper reports Q2 profit slump

By Joe Whitworth

International Paper has reported a Q2 fall in operating profits due to continued slow growth in North America and uneven global demand but forecasted a brighter picture for the rest of the year.

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