Kraft Foods said it posted a “solid performance in every geography” for the third quarter, despite net profit falling 8%.The company last week (4 November), posted US$760m in net profit, down...

Unilever CEO Paul Polman said yesterday (4 November) that the consumer goods giant made “solid progress” in the third quarter of 2010 thanks to the company’s emerging markets.The Magnum...

Queensland-based ginger, fruit and nut manufacturer Buderim Ginger has estimated its expected losses for 2010 at $3.6 million, hurt by the strong Australian dollar, drought conditions in its Hawaiian macadamia...

Falling sales in the US and overseas have hit third-quarter profits at US food group Kellogg, with the cereal giant announcing that net earnings dropped 6% to US$338 million for the quarter to 2 October. Kellogg’s...

Woolworths yesterday announced its first quarter results, with sales for the group up 4.2% to 13.9 billion, excluding petrol. Sales in the Australian food and liquor division were up 3.2% to 9.3 billion,...

Discount retailer Aldi saw its UK and Irish businesses swing to a loss of over GBP58m (US$92m) in 2009 on the back of rising costs and investment in expansion. The company booked a loss of GBP58.04m for...

Tesco posted a 16% rise in profits for the first half of its fiscal year on the back of strong international results. The UK retailer announced yesterday (5 October) that its net profit reached GBP1.19bn...

Warrnambool Cheese and Butter has reported a recovery from last year’s losses of nearly $20 million, with the company now back in the black to the tune of $8.8 million. The company reported steady...

Associated British Foods said yesterday (13 September) that it had seen a “substantial increase” in adjusted operating profit in the second half of its fiscal year after a “strong”...

Aldi is planning a fresh assault on the Australian market after seeing its local profits in jump by more than a quarter in 2009.The discount retail giant confirmed yesterday (9 September) that it plans...