Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion).
Operating margin improved by 160bp to 15.7%. Reported net […]
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- Carlsberg Group Upgrades Full Year Operating Profit Outlook Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion). Operating margin improved by 160bp to 15.7%. Reported net [...]...
- Diageo Forms New Rum Joint Venture Diageo and Corporación Cuba Ron, a leader in the production of premium Cuban rums, have created a joint venture – Ron Santiago. The joint venture will have exclusive global distribution rights to Santiago de Cuba, a premium Cuban heritage rum brand. Globally, premium and above rum segments are growing ahead of the category overall, with premiumisation [...]...
- Stirring Times For US Yogurt – Innovation is Vital in a Changing Consumer Environment Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving. Convenience themes are becoming increasingly important, for example, with 17% of consumers naming this as a significant choice factor in 2018, which is [...]...
- FrieslandCampina Significantly Expands its VLOG Production Due to the sharp increase in demand in Germany, FrieslandCampina is increasing the number of participating dairy farms that supply VLOG milk from 400 to more than 600. All VLOG milk produced by Dutch FrieslandCampina dairy farmers is used to make cheese for the German market. VLOG (Verband Lebensmittel Ohne Gentechnik) is a German association responsible [...]...
- English Food Manufacturers Sign Up to Made Smarter Support A number of food manufacturing firms in the North West of England have signed up to a business-led programme which aims to use digital technology to boost growth and success. By implementing advances in data analytics, Artificial Intelligence (AI), Augmented Reality (AR), Industrial Internet of Things (IIoT), 3D-printing and robotics, firms can enhance their profitability [...]...
Diageo and Corporación Cuba Ron, a leader in the production of premium Cuban rums, have created a joint venture – Ron Santiago. The joint venture will have exclusive global distribution rights to Santiago de Cuba, a premium Cuban heritage rum brand.
Globally, premium and above rum segments are growing ahead of the category overall, with premiumisation […]
Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving. Convenience themes are becoming increasingly important, for example, with 17% of consumers naming this as a significant choice factor in 2018, which is […]
Due to the sharp increase in demand in Germany, FrieslandCampina is increasing the number of participating dairy farms that supply VLOG milk from 400 to more than 600. All VLOG milk produced by Dutch FrieslandCampina dairy farmers is used to make cheese for the German market.
VLOG (Verband Lebensmittel Ohne Gentechnik) is a German association responsible […]
A number of food manufacturing firms in the North West of England have signed up to a business-led programme which aims to use digital technology to boost growth and success. By implementing advances in data analytics, Artificial Intelligence (AI), Augmented Reality (AR), Industrial Internet of Things (IIoT), 3D-printing and robotics, firms can enhance their profitability […]
Scientists at the Technical University of Munich (TUM) and the Leibniz-Institute for Food Systems Biology have developed a new methodology for the simultaneous analysis of odorants and tastants. It could simplify and accelerate the quality control of food in the future.
Whether a food tastes good or not is essentially determined by the interaction of odors […]
The Irish Whiskey Association (IWA) has successfully registered Irish whiskey as a certification mark in South Africa, the seventh largest market for Irish whiskey in terms of volume. This registration provides legal protection for Irish whiskey in South Africa for the first time and follows a successful trademark registration for Irish whiskey in Australia in […]
After just eight months in business, The Great British Porridge Co. has signed its biggest retail deal to date, as its products hit the shelves of Sainsbury’s. From 18th August, Sainsbury’s customers will be able to buy products from The Great British Porridge Co. in 513 stores across the Britain.
The Great British Porridge Co. produces […]
Experts from some of the world’s biggest brands, including Carlsberg, LUSH Cosmetics, and Just Eat, will come together at Packaging Innovations and Luxury Packaging London 2019 to debate the industry’s hottest topic – sustainability. With plastic no longer king of the packaging arena, the show’s headline feature will welcome an array of industry experts to discuss the alternatives to traditional […]
Coca-Cola European Partners, the world’s largest Coca-Cola bottler based on revenue, has reported a 7% increase in revenue to €5.80 billion for the six months ended 28 June 2019 as comparable volume growth of 3.0% was partly offset by the impact of last year’s soft drinks tax changes. Comparable operating profit at €770 million, rose […]
Aston Manor Cider, the UK’s largest independent cider producer, has reported increased profitability, turnover and production volumes enabling very positive progress against its sustainability agenda in its latest financial results. Before exceptional costs, profits for 2018 increased by 1.4% (on an EBITDA basis) on a turnover up 5% to over £133 million.
With the ambition to […]
At this year’s International Wine & Spirit Competition, premium brands Żubrówka Bison Grass and Żubrówka Biała took home the highest accolade of Gold with a score of 95 points each in the tasting assessment. Russian Standard Vodka Original took home Silver with a score of 93 points and Russian Standard Platinum took home Bronze for […]
Diageo has acquired a significant majority shareholding in Seedlip, the world’s first distilled non-alcoholic spirits brand. Seedlip was launched by Ben Branson in 2015 to solve the dilemma of ‘what to drink when you’re not drinking®’.
In June 2016, Seedlip announced a minority investment from the Diageo-backed accelerator programme Distill Ventures. Independently run, Distill Ventures receives […]
Kerry Group, the global taste, nutrition and consumer foods business, has reported a 10.7% increase in revenue to €3.6 billion for half year ended 30 June 2019, reflecting volume growth of 3.3%, neutral pricing, contribution from acquisitions of 4.7%, and a favourable translation currency impact of 2.7%. Trading profit rose by 12.6% to €382.9 million […]
World-famous tea brand Twinings has chosen ecommerce analytics provider e.fundamentals to help drive sales of its everyday and speciality teas through retailers’ websites. Twinings becomes the second brand from Associated British Foods this year to sign with e.fundamentals’ retail service.
The service continuously reports how brands measure up against eight fundamentals shown to be the key […]
Pernod Ricard has acquired Firestone & Robertson Distilling Co, owner of the TX brand, a leading American whiskey portfolio, for an undisclosed sum. The deal includes Whiskey Ranch, a state-of-the-art distillery based in Fort Worth, Texas, where consumers can enjoy the full TX brand Experience, including tours and tastings.
The transaction, which is expected to close […]
The National Food & Drink Business Conference and Exhibition 2019 – Ireland’s premier trade event for the food and drink processing, retail, food service and hospitality sectors – is being held at the Citywest Convention Centre in Dublin on Thursday, September 5th, 2019. The event will highlight the key trends and challenges facing the industry, […]
The UK’s number one baby cereals brand, Cow & Gate Baby Food, is launching a complete overhaul of stages one and two of its cereals portfolio to include eight* new and improved recipes with a 45% naturally occurring sugar** reduction*** across the range. The new recipe formulations – for stages one and two of the […]
The British Meat Processors Association (BMPA), the leading trade association for the meat and meat products industry in the UK, has warned the Government’s uncompromising threats of a no-deal Brexit are frightening continental buyers, who are refusing to agree long term supply contracts with British meat exporters.
According to the BNPA, European buyers considering buying British […]
Northern Ireland-based firm, Around Noon, producer of a wide range of ‘food-to-go’ products, has announced that it is investing over £7 million in a major expansion to develop sales in the Great Britain and Republic of Ireland markets. The expansion will also see the company create 94 jobs.
Invest Northern Ireland is providing financial assistance for […]
From September 2019 the well-known Montoni brand, manufacturer of dies, extrusion molds and cutting systems, will continue its operations within the “Dies & Moulds Business Line” under the umbrella brand of Pavan. In 1989, the Pavan Group acquired Montoni based on their already strong partnership and given that dies represent a strategically important segment for the pasta industry. […]
Greggs, the UK bakery and food manufacturer and retailer, has delivered an exceptional first-half performance, with total sales for the 26 weeks to 29 June 2019 up by 14.7% to £546 million, as like-for-like sales in company-managed shops rose by 10.5% compared with the first half of 2018, when trading conditions were more challenging. Underlying […]
Mondelēz International is continuing its strong track record of offering more portion control options for consumers by pledging to bring all its Cadbury chocolate and wider biscuit products typically bought by parents for children under 100 calories in the UK and Ireland. This will see billions of calories removed from the market.*
The move would see […]
Packaging Innovations and Luxury Packaging London 2019 will introduce three new show features when it returns to Olympia on 11 & 12 September – an education initiative, a one-of-kind trend showcase and a zone designed to raise the profile of packaging firms in their infancy. These new features will run alongside a series of returning […]
Campbell Soup Company, the US-base food group, has agreed the sale of Arnott’s and certain of Campbell’s International operations to KKR, a leading global investment firm, for $2.2 billion in cash, subject to customary purchase price adjustments. Combined with the previously disclosed sale of Kelsen Group, Campbell has confirmed the sale of its entire Campbell […]
Holyrood Distillery has opened its doors to bring single malt whisky distilling back to the centre of Scotland’s capital city for the first time in almost 100 years. Holyrood Distillery, which cost £6.7 million and has created around 30 jobs, is the first operational single malt distillery in central Edinburgh since 1925 when The Edinburgh […]
Northern Ireland-based Dale Farm, the largest UK farmer-owned dairy co-operative, has once again been recognised for its world-class quality products, picking up a total of 36 awards at the recent International Cheese Show in Nantwich, Cheshire.
Dale Farm’s world class quality cheese in addition to cottage cheese, quark and yogurt was recognised where the co-operative celebrated […]
Cranswick, a leading UK food producer, has acquired London-based Katsouris Brothers, a leading processor and multi-channel supplier of Continental and Mediterranean food products, for £43.5 million. Katsouris Brothers operates from two facilities in Wembley and employs a total workforce of approximately 250.
Costas and Louis Constantinou, managing director and commercial director respectively, who have a wealth […]
Glanbia, the global nutrition group, has reported a 19% rise in wholly owned revenue to €1.758 billion (up 12.0% at constant currency) with EBITA down 9.9% (-15.3% at constant currency) to €111.4 million for the six month period ended 29 June 2019.
Wholly owned EBITA margins from operations were 6.3%, down 210 basis points on a […]
A new report, Health on the Shelf published by RSPH (Royal Society For Public Health) and Slimming World, exposes the marketing tactics used to drive sales of unhealthy products and reveals that supermarket layout, pricing strategies and shopping environment is fuelling the obesity epidemic. The report is published in advance of the Government’s expected response […]
Mark Hunter, current President and Chief Executive Officer of Molson Coors, is to retire on September 27, 2019. The board of the global brewer has named Gavin Hattersley as his successor, effective as of September 28, 2019. Molson Coors operates through Molson Coors Canada, MillerCoors in the US, Molson Coors Europe and Molson Coors International.
Mark […]
In an industry first, Morrisons is to allow bull calves from its dairy suppliers participating in the Arla UK 360 programme into its beef supply chain. Dairy farmers supported by Morrisons to participate in Arla UK 360, will also be able to sell bull and beef calves into the calf rearing units of Buitelaar Production, […]
Major construction and engineering firm adi Group has secured a multi-million pound deal with international food and drink group Princes. The large-scale project, which is set to run until next spring, will see adi help to redevelop and expand Princes’ Long Sutton site in Lincolnshire by nearly 19,000 sq m (200,000 sq ft), as well […]
Heineken has reported 5.6% organic growth in net revenue to €11.446 billion for the first six months of 2019, supported by a 3.0% increase in net revenue (beia) per hectolitre and a 2.5% increase in total consolidated volumes. The underlying price mix on a constant geographic basis was up 3.5%.
Operating profit (beia) rose organically by […]
The latest UK grocery market share figures, published by Kantar, show year-on-year supermarket sales fell by 0.5% in the 12 weeks to 14 July 2019. This marks the first overall decline in the supermarket sector since June 2016. However, on the back of record sales during last year’s hot summer, the tough period was not […]
PPMA Total Show 2019 will open its doors at the NEC, Birmingham, from 1–3 October for what will be the most comprehensive production line event in the UK. During the three days, visitors will have access to 450 exhibitors and approximately 2,500 brands, showcasing the latest innovations in smart manufacturing, processing equipment and packaging solutions […]
A three-year shareholder engagement with 25 giant food retailers and manufacturers has found that some leaders are beginning to capitalise on the rising demand for alternative proteins, while others are falling behind the curve of a booming growth industry. The alternative protein sector, which includes plant-based substitutes for traditional animal‐based foods such as ‘Beyond Meat’ […]
Aurivo, which is one of Ireland’s leading co-operatives, with businesses in Consumer Foods, Dairy Ingredients, Retail Stores, Animal Feeds, and Livestock Trading, has opened a new dryer at its site in Ballaghaderreen, County Roscommon. The investment will boost Aurivo’s dairy ingredients capacity by 55%, and allow it to produce over 60,000t of milk powders for […]
Work has started on the new state-of-the-art home and visitor centre for Wells & Co, an English, independent, family-owned business with a 190-strong estate of award-winning pubs. Clegg Food Projects – a national designer and constructor of food and drink manufacturing facilities – is the principal contractor responsible for delivering the Bedford-based project, which is […]
Ebro Foods, the largest food group in Spain, the world leader in rice production and the second biggest global fresh and dry pasta manufacturer, is selling its Alimentation Santé organic food business to Midsona of Sweden for €57.5 million. Alimentation Santé and its subsidiaries generated net sales of €35 million in 2018. A pioneer in […]
Dawn Meats, one of Europe’s leading meat processors, has cut its CO2 emissions by 33% just four years into a ten-year strategy to reduce the company’s environmental impact. Publishing its second Group CSR report, Dawn provided a progress update on its ambitious targets to reduce water and energy intensity by 40% and CO2 emission intensity […]
The latest monthly agri-food trade report shows that a strong increase in exports observed from the beginning of the year continues. According to the latest monthly data available (May 2019), agri-food exports are now doing 13% better than a year ago. The best performing exports include pork meat, spirits and liqueurs, wine and vermouth, and infant […]
Diageo has reported a 5.8% increase in net sales to £12.9 billion and a 9.5% rise in operating profit to £4.0 billion for the year ended 30 June 2019. All regions – North America, Europe and Turkey, Africa, Latin America and Caribbean, Asia Pacific – contributed to the broad based organic net sales growth of […]
Italian dessert specialities are an important strategic area for the growth of Emmi Group’s European business. Through the acquisition of Pasticceria Quadrifoglio, the Swiss dairy group is expanding and strengthening its existing dessert network in Italy.
A fourth player is being added to the existing ‘Emmi Dessert Italia’ network, which comprises the three production locations in […]
UK gin sales have rocketed 56% by value in a year, new research from CGA reveals, and the number of people drinking pink gin has more than doubled. A report into major current gin trends based on CGA’s drinks data and insights, highlights the stellar growth of the gin category for suppliers, bars, pubs and […]
Unilever has reported a 0.9% decrease in group turnover to €26.1 billion for the first half of 2019, reflecting the sale of its spreads business, partially offset by a 1.1% currency benefit. Underlying operating margin improved by 50bps to 19.3%.
Growth in global markets was mixed. Market growth in Europe and North America was held back […]
For the first time ever, the Accelerator Zone will be at Packaging Innovations and Luxury Packaging London on 11 & 12 September 2019. Companies with an innovative new product or solution are encouraged to apply and showcase their development. It could be a new material, new pack format or technological application, such as augmented reality.
“Our […]
Food Works, an initiative of Bord Bia, Enterprise Ireland and Teagasc, is calling on food and drink entrepreneurs throughout the country to apply for its 2020 programme. The supports offered by the programme are valued at over €50,000 and include in-depth consultancy and advice from the three agencies, access to consumer and market research, feasibility […]
McCain Foods, the world leader in frozen french fries, potato specialties and appetizers, and one of the top 10 most valuable food brands in the world, it to invest in its first french fry factory in Brazil. With the investment, McCain continues to strengthen its expansion strategy in the Brazilian market.
After acquiring 49% of Forno […]
Cadbury Dairy Milk, the UK’s favourite chocolate bar, which has been around since 1905, has now added Cadbury Dairy Milk 30% Less Sugar to its range. The introduction of the new bar marks the three-year achievement of over 20 scientists, nutritionists and chocolatiers to achieve 30% less sugar with no artificial sweeteners – and most […]
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