Dairy multinational co-operative Fonterra has announced a record-breaking year in profits, despite its consumer business profits in New Zealand and Australia dropping. Fonterra’s revenue for the year...

Australia’s largest listed dairy firm, Bega Cheese Group, has announced an 11.4% drop in profits for the financial year ended on 30 June 2011. The Group’s full year results, just published, show total...

Australia’s largest supermarket chain, Woolworths Limited, today reported an increase in Net Profits After Tax (NPAT) of 5.1% for the year ending 26 June 2011. Woolworths’ outgoing CEO Michael...

McCormick & Co. has reduced its full-year earnings per share forecast despite posting sales and profit growth in the second quarter of its financial year. The US spice manufacturer is cutting its EPS...

Ireland’s Kerry Group has lifted its target for volume growth from 2013 as the company set out its forecasts for its next five-year cycle. The company, which owns a variety of food businesses in...

Grocery distributor Metcash reported an increase in net income for 2010, which it attributed to the “steady performance” and “resilience” of its independent retail customers. The...

Campbell Soup Co. has reversed a trend of downward earnings in its third quarter, booking an increase in profits as snack and international sales propelled gains. The US soup maker revealed today (23 May)...

Japanese soy sauce maker Kikkoman Corp has booked falling annual profits as sales dipped and costs rose.The company last weekreported a 9.7% slump in net income to JPY7.77bn (US$96.5m) for the year to...

Italian dairy group Parmalat has reported a rise in first-quarter profits as sales were boosted by higher volumes in Australia and Venezeula, and the weakness of the euro. Parmalat, which in Australia...

JBS, the Brazilian meat giant, has reported mixed first-quarter results, with the company’s net income and sales rising – but its EBITDA down on lower profits from its US chicken unit. The...