US spice giant McCormick & Co. has booked an increase in full-year profits, driven by product innovation and expanded distribution during the year.
For the 12 months to the end of November, profits...
Shares in Woolworths Ltd dropped yesterday as the supermarket chain lowered its earnings forecast for the first half of fiscal 2011.
Woolworths said its net profit for the six months to 2 January would...
Cargill’s profits more than tripled in the second quarter of its fiscal year, the US agribusiness giant said yesterday as the company benefited from rising commodity prices.
The company booked net...
Shares in Barry Callebaut, the Switzerland-based chocolate giant, jumped today after the company posted rising first-quarter sales, helped by the emerging markets.
Barry Callebaut recorded a 4.9% rise...
Coca-Cola Amatil Limited has advised that following December trading, the largest volume and earnings month for the business, it expects to achieve around 10% growth in net profit and 7% growth in EBIT...
Kirin Holdings Company Limited has knocked almost $500 million off the value of dairy heavyweight National Foods, with changes to the carrying value of brands and goodwill on its balance sheet for the...
Australian grocery wholesaler Metcash has booked a rise in first-half underlying earnings, but cautioned it may not be able to hit its full-year targets.
Metcash said the continuation of the “extremely...
Murray Goulburn has announced that it will purchase enough of the newly diluted Warnambool Cheese and Butter shares to bring it back to its original percentage stake in the company, following WCB’s...
US food group Campbell Soup Co. yesterday cut its full-year profit targets after a weak first quarter when its promotions did not pay off.
Campbell, part-way through the key season for soup sales, now...
Kirin Holdings, owner of Australian dairy giant National Foods, has reported a 42% drop in net profits for the first nine months of 2010, due to lower sales and one-off charges for restructuring and pensions.
Profits...
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