Fonterra, the world’s largest dairy exporter, has forecast that its payout for farmers could slide in 2011/12 after a “record” 12 months in the current financial year.The New Zealand...

Bread giant Goodman Fielder has announced a reduction in its expected profits following a “soft” third quarter, with businesses affected by retailer competition between Coles and Woolworths,...

Fonterra has recorded its highest ever month for exports with 229,000 tonnes of its dairy products leaving New Zealand shores in March.Gary Romano, Managing Director of Fonterra Trade & Operations,...

Pick n Pay CEO Nick Badminton said yesterday he was “disappointed” with the performance of South Africa’s second-largest grocer and warned about continuing difficulties in the trading...

The chairman of Australian food manufacturer Goodman Fielder has warned that the company “continues to confront commodity cost pressures and significant price volatility”. In a letter sent...

German food group Dr Oetker has admitted it has had a “sluggish” start to 2011 with all its business lines – apart from chilled products – “falling below target”. The...

US spice brand McCormick said on Tuesday that it is “operating effectively in a tough environment” as it recorded net profit growth during the first quarter. The company said that net income...

New Zealand dairy co-operative Fonterra has today reported a net profit after tax of NZ$293 million, or 21c per share, for the six months to 31 January 2011, marking the first time Fonterra has reported...

Swiss chocolate maker Lindt & Sprungli yesterday posted a jump in 2010 profits as sales grew, boosted by its operations in the US and the UK. The company booked net profit of CHF241.9 million (A$265...

Australian pizza maker Domino’s Pizza Enterprises Limited (DMP) has been riding high, after announcing a $10.2 million half-year Net Profit After Tax – up 16.9% on the corresponding period last...