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Tag "Europe"

Cornelius delivers innovative concept in dried fruit products

Cornelius Group and Milne Fruits partnered up to supply the European food and drink industry with an innovative concept in dried fruit products.
Milne Fruits is a relative newcomer to the market and uses a technique called MicroDried, which uses vacuum microwave dehydration technology to heat each piece of raw fruit. The process is 100% natural and […]

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European beverage can usage ‘up 1.25bn’ in 2015

More than 64bn cans were filled in Europe last year – an increase of 1.25bn on 2014 – according to figures published by Beverage Can Makers Europe (BCME).
Total can fillings were up almost 2% with soft drinks fillings enjoying strong growth of 4.4%. Beer can fillings in Western Europe recorded “another year of growth” while […]

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The Food and Food Ingredients Industry of Eurasia, Middle East and North Africa Will Meet in Fi Istanbul 2016 for the Fourth Time…

The common meeting point for the developed food ingredients industry of Asia and Europe, Fi Istanbul 2016 is organized in Istanbul Convention Center on May 4th-6th. Fi Istanbul has successfully added over 500,000 persons to its portfolio and created a business volume of billions of Euros for the industry.
Bringing together Eurasia, Middle East and North […]

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Americk Packaging moves flexible division to Wigan

Part of the flexibles division of the Americk Packaging Group, ASP Flexibles is one of the fastest growing packaging suppliers to the fresh produce market in Europe.
Sustained growth prompted the move, with a 40% rise in business last year – turnover grew from £8.5m to £11.5m.
Capacity is expected to increase to 175 million linear metres a […]

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SABMiller’s Lager Volumes Decline in Europe

    SABMiller’s Lager Volumes Decline in Europe

Global brewer SABMiller has reported a 1% organic decline in full year lager volumes in Europe as beer market growth continued to be subdued and competitors aggressively promoted economy brands and packs. Fourth quarter volumes were down 2%. The completion of planned de-stocking in the second half of the year affected Poland and Romania, which […]

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Double-digit Profit and Sales Growth at Hilton Food Group

    Double-digit Profit and Sales Growth at Hilton Food Group

Despite the difficult economic conditions, Hilton Food Group, Europe’s leading specialist retail meat packing business supplying major international food retailers in twelve countries, made good progress during 2011. The group has reported a 10% rise in profit before tax to £24.5 million as it increased the volumes of meat packed by 6% and revenue by […]

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Barry Callebaut Outperforms Chocolate Market But Profits Fall

    Barry Callebaut Outperforms Chocolate Market But Profits Fall

Barry Callebaut, the world’s leading manufacturer of high quality cocoa and chocolate products, increased its sales volume by 6.7% for the first half year ended February 29, 2012 to again outperform the worldwide chocolate confectionery market. All the company’s regions and product groups contributed to the volume growth.
Barry Callebaut reported a 3% rise (up 10.4% […]

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Nestle Grows in Both Developed and Emerging Markets

    Nestle Grows in Both Developed and Emerging Markets

Reflecting growth in both emerging markets and developed markets, Nestle increased net profit by 8.1% on a continuing basis to SFr9.5 billion (Eur7.8 billion) for 2011 on sales of SFr83.6 billion exhibiting organic growth of 7.5% and 3.9% real internal growth. Trading operating profit was SFr12.5 billion and the margin advanced 60 basis points (90 […]

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R&R Ice Cream Links With Kraft Foods

    R&R Ice Cream Links With Kraft Foods

R&R Ice Cream, Europe’s largest own label ice cream manufacturer, is joining forces with Kraft Foods to bring confectionery innovation to ice cream markets across mainland Europe. In co-operation with Kraft Foods, R&R will initially develop, manufacture and distribute an indulgent ice cream range of five iconic Kraft brands – Milka, Toblerone, Daim, Oreo and […]

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Carlsberg Restructures Central Functions Across Europe

    Carlsberg Restructures Central Functions Across Europe

Following a challenging 2011, Carlsberg plans to reduce the number of positions in its headquarter functions across Europe by 130 to 150, of which approximately 95 positions have already been made redundant in Denmark, Poland and Switzerland. On top of this, Carlsberg is planning to transfer 25 employees from Carlsberg IT to BSP, its business […]

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Developing Markets Drives Sales and Earnings Growth at SABMiller

    Developing Markets Drives Sales and Earnings Growth at SABMiller

Global brewer SABMiller has increased lager volumes by 3% on an organic basis for the six months to September 30th 2011 led by robust growth in Latin America, Africa and Asia. Reported group revenue rose by 10% to $15.69 billion with organic, constant currency revenue growth of 6%. EBITA also grew by 10% to $2.70 […]

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Emerging Markets Drive Sales and Profits at Diageo

    Emerging Markets Drive Sales and Profits at Diageo

Buoyed by strong growth in emerging markets, particularly by its Scotch whisky brands, Diageo has achieved 5% organic growth in both net sales to £9.94 billion and in operating profit before exceptionals to £2.88 billion for the year ended June 30th 2011.
 
Exceptional operating costs were £289 million for the year including a net charge of […]

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Solid First Half From Nestle

    Solid First Half From Nestle

Nestle has produced a solid financial performance in the first half and is predicting organic sales growth at the top end of the 5% to 6% range and a margin increase in constant currencies for the full year. The global food and beverage group reported interim sales of SFr41.0b (Eur38b) as it achieved 7.5% organic […]

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Ajinomoto to Strengthen Consumer Foods Operations in Europe

Tokyo-based Ajinomoto Co is reorganising its industrial and consumer food products business in Europe. The move is designed to strengthen sales in the consumer foods segment, by integrating operations under Paris-based Ajinomoto Foods Europe.
In July, AFE will absorb Ajinomoto Consumer Products Europe, which currently oversees the European consumer business. The company also will establish a […]

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Sustainably Farmed Seafood Holds Key to Future Global Food Security

    Sustainably Farmed Seafood Holds Key to Future Global Food Security

The first-ever global assessment of the environmental costs of aquaculture shows that farmed seafood is less ecologically damaging than livestock production, and that there is great potential for improvements in efficiency.
A new and comprehensive analysis released by WorldFish Center and Conservation International (CI) has investigated the environmental impact of the world’s major aquaculture production systems […]

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PepsiCo Launches European Search for Emerging Communications and Technology Companies

    PepsiCo Launches European Search for Emerging Communications and Technology Companies

PepsiCo has announced an open call for digital entrepreneurs across Europe to apply to take part in ‘PepsiCo10’, an innovation incubator program designed to discover and support emerging technology companies whose ideas and solutions can be applied to drive business value for the global soft drinks and snacks group.
Launched successfully in the United States last […]

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European Region Still in Decline at Diageo

    European Region Still in Decline at Diageo

Greater focus on its priority brands and increased investment in emerging markets has allowed Diageo to deliver 7% organic net sales growth in its third quarter, and to increase sales by 5% on an organic basis and volume by 2% in the nine months ended March 31st 2011, compared to the comparable period last year. […]

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SABMiller’s Lager Volumes Down in Europe

    SABMiller’s Lager Volumes Down in Europe

Global brewer SABMiller has reported that its lager volume in Europe declined by 3% in the 12 months to March 31st 2010, reflecting a particularly challenging first half impacted by generally weak economic conditions. Fourth quarter volumes were up 2% benefiting from a weak comparative period due to prior year excise increases in Russia and […]

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Financial Restructuring at Findus Group

    Financial Restructuring at Findus Group

Findus Group, one of the leading frozen food businesses in Europe with sales over Eur1.3b, is reported to be renegotiating its covenants with its lenders in order to gain greater financial flexibility for funding expansion. Indeed, some industry sources suggest that Findus is attempting to assemble a Eur1 billion war-chest for funding future acquisitions.
The food […]

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Acquisitions Bolster Aryzta

    Acquisitions Bolster Aryzta

Helped by strategic acquisitions, Aryzta, the Switzerland-based international speciality bakery group, increased EBITA by 52% to Eur173.1m on revenue up by 36% to Eur1.89b for the first six months ended January 31st 2011. Group EBITA margin increased by 90bps to 9.1% and underlying fully diluted net profit rose 40.9% to Eur116.3m.
The core Food Group increased […]

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Glass Recycling Continues to Increase in Europe

    Glass Recycling Continues to Increase in Europe

According to the latest glass recycling estimates – published one year ahead of the official Eurostat data – more than 67% of glass bottles and jars were collected for recycling in the European Union in 2009. The figures released by FEVE, the EU Container Glass Federation, translate into about 11 million tonnes or 25 billion […]

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Continued Recovery at Pernod Ricard as Full Year Targets Raised

    Continued Recovery at Pernod Ricard as Full Year Targets Raised

Benefiting from an improvement in the global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit growth in the first half ended December 31st last. Net sales increased by 13% to Eur4.28b – up 7% organically – and group share of net profit from recurring operations rose by12% to Eur726m.
Pernod […]

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Solid Sales Growth and Bumper Profit at Nestle

  Solid Sales Growth and Bumper Profit at Nestle

Reporting growth across all regions and categories, Nestle achieved a 6.2% organic growth in 2010 group sales to SFr109.7b (Eur84.9b) with real internal growth of 4.6% and tripled net profits to SFr34.2b, reflecting the disposal of its Alcon shareholding. However, excluding the exceptional net profit of SFr24.5b from the Alcon disposal, 2010 group net profit […]

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Robust 2010 Performance by Heineken

  Robust 2010 Performance by Heineken

Helped by the integration of its FEMSA acquisition in Latin America and continued growth of its flagship brand, Heineken increased net profit by 41% to Eur1.44b for 2010 on revenue up 9.7% to Eur16.13b. On an organic basis, net profit (beia) rose by 19.7%, driven by solid EBIT (beia) growth and lower interest costs, but […]

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Raisio in Middle of Growth Phase

Raisio, the Finnish food and functional food ingredients group, increased net sales by 17.9% to Eur443.0m in 2010. EBIDTA fell from Eur37.5m (excluding one off items) in 2009 to Eur35.3m last year. EBIT was Eur19.4m (Eur20.5m excluding one-off items), which accounts for 4.4% (5.5%) of net sales, which is in accordance with Raisio’s all-year guidance.
“Raisio […]

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Europe Remains Weak Spot For Diageo

  Europe Remains Weak Spot For Diageo

Despite a 3% decline in Europe, Diageo achieved organic net sales growth of 4% to £5.32b for the six months ended December 31st 2010 and 2% organic operating profit growth (before exceptional items) to £1.73b. Diageo reported a 12% rise in operating profit to £1.72b for the period and profit before tax was £1.61b, against […]

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Europe is Flat But Coca-Cola Achieves Solid Global Growth

  Europe is Flat But Coca-Cola Achieves Solid Global Growth

Having achieved solid worldwide volume growth of 5%, Coca-Cola has reported a 3% increase in operating income to $8.4b for 2010 on net revenue ahead by 13% to $35.1b. Comparable currency neutral net revenue was ahead by 14% to $34.5b, reflecting 5% growth in concentrate sales, 1% positive price/mix and an 8% benefit from structural […]

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Raisio Acquires Big Bear Group

  Raisio Acquires Big Bear Group

Finnish food group Raisio has acquired UK-based Big Bear Group for Eur95.3m (£82.0m) to further its growth strategy of becoming the leading provider of healthy snacks in Europe. In the financial year to the end of August 2010, Big Bear Group’s net sales were Eur65.1 m, EBITDA was Eur13.6m and EBIT was Eur12.1m. Nearly 70% […]

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Refresco Acquires Spumador to Strengthen European Leadership

  Refresco Acquires Spumador to Strengthen European Leadership

Netherlands-based Refresco Group is acquiring Spumador, the largest producer of private label carbonated soft drinks and mineral water in Italy from private equity firm Trilantic Capital Partners for an undisclosed sum. Refresco is the market leader in the production of private label soft drinks and fruit juices in Europe.
Spumador is a major producer for the […]

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Cargill Acquires German Chocolate Business

  Cargill Acquires German Chocolate Business

Cargill is expanding its cocoa and chocolate business in Europe through the acquisition of. KG Kakao Verarbeitung Berlin (KVB), an integrated chocolate company based in Germany, for an undisclosed sum. KVB operates two production plants, both in Berlin.
The two plants have a capacity of over 75,000 tonnes of chocolate per year and employ around 180 […]

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Constellation Brands Sells Australian and UK Wine Business

  Constellation Brands Sells Australian and UK Wine Business

Constellation Brands, the world’s leading premium wine company, has agreed to sell its Australian and UK business – Constellation Wines Australia and Europe – to Champ Private Equity of Sydney for A$290m (Eur220m). Constellation will retain a 20% interest in the business and receive cash proceeds of about $230million.
The transaction, which is expected to close […]

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Hershey to Accelerate Growth in Europe

  Hershey to Accelerate Growth in Europe

North American chocolate confectionery manufacturer Hershey is stepping up its growth in Europe as part of its strategy to reduce its reliance on its domestic market by developing internationally, especially in emerging markets such as Asia and Latin America. The UK’s second largest retailer, Asda, will commence selling Hershey products next year and the American […]

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Board Appointment at Coca-Cola Enterprises

  Board Appointment at Coca-Cola Enterprises

Coca-Cola Enterprises, the world’s third-largest independent Coca-Cola bottler, has appointed Garry Watts as a director with immediate effect. He will serve on the finance and audit committees of CCE’s board of directors.
He currently serves on the board of directors at Stagecoach Group, where he is senior independent director and chairman of the audit committee, and […]

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SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

  SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

Prague, Amsterdam and Berlin have been named the top European destinations for a beer, according to a new report into European beer drinking culture by SABMiller, one of the world’s largest brewers.
The report, ‘Whose Round?’ which was researched across 12 European countries, found that 20% of all respondents named Prague as their top city for […]

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Global Spread and Big Brands Drive Profit at SABMiller

  Global Spread and Big Brands Drive Profit at SABMiller

SABMiller, one of the world’s leading brewers with operations and distribution across six continents, has increased reported EBITA by 13% to $2.47b for the six months to September 30th 2010. The growth was 10% on an organic, constant currency basis, as key operating currencies strengthened against the US dollar compared to the equivalent period in […]

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Food Operators Welcome Moves to Create an EU Industrial Policy

  Food Operators Welcome Moves to Create an EU Industrial Policy

CIAA (the Confederation of the food and drink industries of the EU) has welcomed the publication of the European Commission’s ‘Communication for An Integrated Industrial Policy for the Globalisation Era – Putting Competitiveness And Sustainability Centre Stage’.
The document presented under the guidance of DG Enterprise, aims to put industrial competitiveness ‘front and centre’ of the […]

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PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

  PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers around the world to monitor, manage and reduce their water use and carbon emissions, while also maximizing potential yield and quality. The web-based crop management system was developed by PepsiCo in conjunction with Cambridge University […]

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Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

  Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

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Coca-Cola Enterprises Now Refocused on Europe

  Coca-Cola Enterprises Now Refocused on Europe

Having just completed the disposal of its North American bottling business to The Coca Cola Company, Coca-Cola Enterprises is now focused purely on Europe where it generates annual sales of $7.3 billion, operates 18 manufacturing facilities and employs 13,000 people. Coca-Cola Enterprises is the sole licensed bottler for Coca-Cola products in Belgium, continental France, Great […]

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Aryzta Well Placed to Benefit From Economic Recovery

  Aryzta Well Placed to Benefit From Economic Recovery

Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures) to Eur305m from underlying revenue up 8.6% to Eur3.01b. The core Food Group – Aryzta also owns 71% of Origin Enterprises, the Irish agri-nutrition business – increased operating profit by 4% to Eur227m on underlying […]

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Sudzucker Projects Higher Sales and Profits

  Sudzucker Projects Higher Sales and Profits

German-based Sudzucker, which is Europe’s largest sugar group, has reported a 57% increase in operating profit to Eur282m on sales up by around 5% to Eur3.07b for the first half ending August 31st 2010. All business segments – sugar, special products, cropenergies and fruit – contributed to the earnings improvement.
For the full year, Sudzucker now […]

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Northern Ireland Meat Companies Look to Growth in Global Markets

  Northern Ireland Meat Companies Look to Growth in Global Markets

Northern Ireland’s £1.5 billion meat industry must work on strategies that will reduce costs and increase its ability to exploit opportunities that will grow in Europe and other global markets over the next decade. The business opportunities and threats, including rising feed and other costs, as well as consumer trends facing the local industry, which […]

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Atlantic Grupa Focusing on Integrating Droga Kolinska Acquisition

Atlantic Grupa, Croatia’s biggest food and healthcare company, is focusing on integrating its recent acquisition of Droga Kolinska, the largest branded food company in Slovenia. The Eur382m deal created one of the largest branded food companies in the south-east region of Europe.
According to Emil Tedeschi, chief executive of Atlantic Grupa, the company has no plans […]

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£4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

  £4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

New research from Mintel Global Market Navigator (GMN) reveals that Germans are the biggest ice cream lovers in Europe, with Germany spending an average of £19 per head on the treat each year. Mintel’s research on ice cream sales in the five major European markets (France, Germany, Italy, Spain and the UK) shows that the […]

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Strong Interim Results From Hilton Food Group

  Strong Interim Results From Hilton Food Group

UK-based Hilton Food Group, the leading specialist retail meat packing business supplying major international food retailers in Europe, has reported a strong underlying trading performance for the 28 weeks to July 18th 2010, with sales and profits up despite the difficult, pervading economic conditions across the continent.
Volumes grew overall by 11% and turnover increased by […]

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Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

  Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, and Kraft Foods, the world’s second largest food company and a global leader in confectionery, have signed a long-term global product agreement. Under the terms of the agreement, Barry Callebaut will deliver the majority of Kraft Foods cocoa products and industrial chocolate requirements around […]

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Dogged Full Year Performance By Pernod Ricard

  Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m on net sales down 2% to Eur7.08b for the 2009/10 financial year ended June 30th 2010. Organic sales growth was 2%, including a significant 9% upturn in the second half, but the results reflect negative […]

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Sodiaal’s Acquisition of Entremont Gains French Approval

  Sodiaal’s Acquisition of Entremont Gains French Approval

The French Competition Commission has approved dairy group Sodiaal’s acquisition of Entremont Alliance, the loss making French cheese producer. The deal will create the fourth largest dairy group in Europe with combined annual sales of more than Eur4b and processing over 5b litres of milk annually. Sodiaal still needs approval from the Belgian and Italian […]

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Emerging Markets Drive Heinz

  Emerging Markets Drive Heinz

Emerging markets such as China, India, Indonesia, Latin America and Russia are expected to deliver at least 20% of Heinz’s total sales by 2013, more than double their contribution of just five years ago, according to William Johnson, chief executive of the US-based global food group.
“Emerging markets are key to unlocking future growth because their […]

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FrieslandCampina Doubles Interim Profit

  FrieslandCampina Doubles Interim Profit

Dutch dairy co-operative Royal FrieslandCampina has doubled profit to Eur156m, due to improved margins and volume growth, and increased revenue by 5.5% to Eur4.3b for the first half year of 2010, compared with the corresponding period last year. Revenue growth was driven by higher sales of consumer products in Asia and Africa, sales of basic […]

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Greencore Completes Disposal of Dutch Convenience Food Business

  Greencore Completes Disposal of Dutch Convenience Food Business

Leading UK and Irish convenience food manufacturer Greencore Group has completed the sale of its Netherlands-based convenience foods business, Greencore Continental, to Convenience Foods Europe, a subsidiary of Parcom Buy Out Fund IV.
Greencore Continental supplies sandwiches, chilled pizzas and chilled sauces to customers based in Continental Europe. It operates from two facilities located at Liessel […]

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Findus Group Targets Growth in Nordic Region

  Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The Nordic business employs 800 people in Denmark, Finland and Sweden.
“Jari’s appointment will enable us to drive growth in the region, predominantly from share gains in […]

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Stronger Second Half Performance Drives Growth at Diageo

  Stronger Second Half Performance Drives Growth at Diageo

A stronger second half performance has helped global alcoholic drinks giant Diageo to increase reported operating profit by 6.5% to £2.574b, aied by exchange rate movement, for the year ended June 30th 2010 as gains in developing international markets offset declines in the mature markets of North America and Europe. On a reported basis, net […]

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European Organic Food Market Continues to Grow

  European Organic Food Market Continues to Grow

EU-27 demand for organic products continues to grow. The European organic consumer market is the biggest in the world, and was worth about $26b in 2008. The largest markets are in descending order Germany, France, the UK and Italy as they represent 72% of European organic sales. The highest market share and sales per person […]

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