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Tag "financial performance"

Strong Recovery By Lindt & Sprungli

    Strong Recovery By Lindt & Sprungli

Benefiting from improving consumer sentiment across its domestic and international markets, Swiss premium chocolate manufacturer Lindt & Sprungli has reported a 25.3% jump in net profit to SFr241.9m (Eur189m) for

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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

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Another Successful Year For Nichols

    Another Successful Year For Nichols

UK-based soft drinks group Nichols increased profit before tax (pre-exceptional) by 23% to £15.1m on sales up 16% to £83.9m for the year ended December 31st 2010. Nichols’ brand portfolio

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Return to Profitability in Ireland Underpins Strong Glanbia Performance

    Return to Profitability in Ireland Underpins Strong Glanbia Performance

Buoyed by improved global dairy markets and good demand in key nutritionals sectors, Glanbia, the global nutritional solutions and cheese group, increased total revenue by 21.4% to Eur2.6b and EBITA,

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Arla Foods Achieves 2010 Profit Target

    Arla Foods Achieves 2010 Profit Target

2010 has been a year of expansion for Arla Foods following a period of restructuring and cost reduction in 2009. The Scandinavian dairy co-operative increased turnover by 6% to DKr49.03b

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Strong Showing by Kerry Group

    Strong Showing by Kerry Group

Kerry Group, the international ingredients, flavours and consumer foods manufacturer, increased revenue by 9.7% to Eur5.0b in 2010 and trading profit by 11.3% to Eur470m, resulting in an improvement of

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Challenging Year For Carlsberg

    Challenging Year For Carlsberg

Reflecting a highly challenging year in Russia, its largest market, Carlsberg increased net revenue by 1% to DKr60.05b (Eur8.0b) and operating profit by 9% to DKr10.25b in 2010. However, revenue

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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.

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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

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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

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Interim Profit Down at Thorntons

    Interim Profit Down at Thorntons

Although revenue rose by 4.8% to £127.4m, interim profit before tax for the 28 weeks ended January 8th 2011 declined by 8.5% to £8.3m at Thorntons, the UK confectionery manufacturer

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Premier Foods in the Red But Debt Level Reduced

    Premier Foods in the Red But Debt Level Reduced

Premier Foods, the UK’s largest food producer, has reported a pre-tax operating loss of £98m, against a profit of £42m in 2009, on a continuing basis for 2010 after a

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Strong 2010 Performance by Danone Gives Confidence for 2011

    Strong 2010 Performance by Danone Gives Confidence for 2011

With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in underlying net income to Eur1.67b on sales ahead by 13.5%

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Valio Lifts Milk Price as Profits Rise

    Valio Lifts Milk Price as Profits Rise

Finnish dairy co-operative Valio increased profit after tax from Eur17m to around Eur37m in 2010 as it benefited from increased sales of branded products abroad and rising ingredients prices globally.

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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

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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

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Surge in Sales at PepsiCo

    Surge in Sales at PepsiCo

Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in the year, PepsiCo has reported a 34% surge in net

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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

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Solid Performance by Coca-Cola Hellenic

    Solid Performance by Coca-Cola Hellenic

Greece-based soft drinks group Coca-Cola Hellenic increased volume sales by 1% in 2010 to 2.1b cases and net revenue by 4% to Eur6.79b. On a comparable basis (excluding restructuring costs),

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Strong Growth as Unilever’s Transformation Progresses

    Strong Growth as Unilever’s Transformation Progresses

Despite intense competition, weak consumer confidence in many markets and the impact of rising commodities costs in the second half, Unilever has delivered a strong financial performance in 2010 as

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Zetar Continues Recovery

    Zetar Continues Recovery

Zetar, the UK confectionery and natural snack foods group, has built on the recovery in its last financial year by reporting good organic growth in the first six months ended

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Irish Business Puts Britvic in the Red

    Irish Business Puts Britvic in the Red

Continued market share gains in Great Britain, a successful innovation programme and further expansion into continental Europe, were behind an 18.1% increase in operating profit (EBIT) before exceptional and other

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Food Sales Lift Marston’s

  Food Sales Lift Marston’s

Helped by growth in its sales of food and premium ales, Marston’s has increased underlying pre-tax profit by 4.6% to

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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%

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Strong First Half Performance By Fuller, Smith & Turner

  Strong First Half Performance By Fuller, Smith & Turner

British regional brewer Fuller, Smith & Turner has increased pre-tax profit by 11% to £16.8m on revenue up 4% to

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Strong Annual Operating Performance by Refocused Greencore

  Strong Annual Operating Performance by Refocused Greencore

Following three strategic disposals to become sharply focused on its UK, Irish and US convenience foods operations, Greencore has reported

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Interim Profit Down at Robert Wiseman Dairies

  Interim Profit Down at Robert Wiseman Dairies

As expected, following an earlier profit warning, Robert Wiseman Dairies, which processes and delivers 30% of the fresh milk consumed

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Solid First Half by Dairy Crest

  Solid First Half by Dairy Crest

Dairy Crest has performed solidly during the first six months of the year, benefiting from being a broadly based dairy

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Record Results From Associated British Foods

  Record Results From Associated British Foods

Associated British Foods has reported a 10% increase in revenue to £10.2b and adjusted operating profit up by 26% to

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Strong Annual Results From Barry Callebaut

  Strong Annual Results From Barry Callebaut

Switzerland-based Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, reported strong results for its 2009/10 financial

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Satisfactory Interim Performance by Milk Link

  Satisfactory Interim Performance by Milk Link

Milk Link, the UK dairy co-operative, has more than trebled profit before tax to £12.2m in the first half of

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Record Year at Graham’s The Family Dairy

Graham’s The Family Dairy, Scotland’s largest independent dairy company, achieved record sales and profits during its last financial year ended

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Encouraging First Half by Tate & Lyle

  Encouraging First Half by Tate & Lyle

Tate & Lyle, the global sweeteners and food ingredients group, has reported an 18% increase in adjusted operating profit to

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First Milk Returns to the Black

  First Milk Returns to the Black

UK dairy co-operative First Milk has reported profit before tax of £3.2m for the six months period ended September 30th

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Nestle On Track to Meet Full Year Expectations

  Nestle On Track to Meet Full Year Expectations

Nestle remains on track to deliver on its earlier forecast of full-year organic growth of around 5% combined with an

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Acquisitions Lift C&C Group as Magners Returns to Growth

  Acquisitions Lift C&C Group as Magners Returns to Growth

Reflecting the impact of acquisitions and a return to volume growth of its Magners brand in Great Britain for the

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Profit Jump at Weetabix

  Profit Jump at Weetabix

Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax

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Strong Performance by William Grant & Sons

  Strong Performance by William Grant & Sons

Independent Scotch whisky and spirits distiller William Grant & Sons has increased operating profit by 8.8% to £103.6m on turnover

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Finsbury Food Group Shows Resilience

  Finsbury Food Group Shows Resilience

Despite a declining turnover as customers moved away from the premium products that had been its traditional area of strength,

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Positive First Half Performance by AG Barr

  Positive First Half Performance by AG Barr

British soft drinks group AG Barr has increased turnover by 13.9% to £119.2m in the first half ended July 31st

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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)

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Interim Loss at The Real Good Food Company

The Real Good Food Company, the UK sugar, ingredients and bakery group, has reported a loss before tax of £1.298m,

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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

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Robert Wiseman Dairies Cautions on Profits

  Robert Wiseman Dairies Cautions on Profits

UK liquid milk specialist Robert Wiseman Dairies has cautioned that whilst anticipated sales volumes for the year remain unchanged, operating

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Cadbury Helps Kraft to Hit Sweet Spot

  Cadbury Helps Kraft to Hit Sweet Spot

Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or

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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

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Own Stores Decline Hits Thorntons

  Own Stores Decline Hits Thorntons

Reported pre-tax profit before exceptionals fell 2.4% to £6.1m on flat revenue of £214.6m for the year ended June 26th

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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

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Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

  Interim Profit Surges at Arla Foods But a Challenging Autumn Ahead

Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian

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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

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First Half Improvement at Wimm-Bill-Dann Foods

Russian dairy, food and beverages group Wimm-Bill-Dann Foods increased net income by 7.1% year-on-year to US$69.5m on revenue up 17.1%

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Solid First Half Profitable Growth By Kerry Group

  Solid First Half Profitable Growth By Kerry Group

Kerry Group, the global ingredients, flavours and consumer foods manufacturer, has achieved strong profitable growth in the first half of

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Interim Profit Tumbles at Josef Manner

Josef Manner, one of Austria’s leading confectionary manufacturers, has reported a 2.4% fall in revenue to Eur72.1m for the first

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Solid First Half Performance By Emmi

  Solid First Half Performance By Emmi

Helped by rising international sales, Swiss dairy group Emmi has increased net profit by 21.5% to SFr39.9m (Eur31m) on sales

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