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Solid Sales Growth and Bumper Profit at Nestle

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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Plans For UK’s Largest Dairy Farm Withdrawn

    Plans For UK’s Largest Dairy Farm Withdrawn

Plans to set up the UK’s largest dairy farm in Lincolnshire have been withdrawn by applicant Nocton Dairies. The company has now formally withdrawn its application for planning permission to

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Kerry Group to Close Welsh Frozen Food Factory

Kerry Group, the Irish and international food ingredients and consumer foods manufacturer, is to close its own label frozen foods factory at Flint in Wales with the loss of 318

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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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Leadership Change at Wimm-Bill-Dann Foods

    Leadership Change at Wimm-Bill-Dann Foods

Tony Maher, chief executive of Wimm-Bill-Dann Foods, will leave the Russian dairy and food group on May 1st 2011. His decision to step down as chief executive follows the successful

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New Financial Chief For Greencore

Alan Williams, formerly with Cadbury for over 18 years, is joining Irish and UK convenience food group Greencore as chief financial officer in March. Alan Williams’ most recent role was

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New Head at United Biscuits

United Biscuits, leading European manufacturer of biscuits and snacks, has appointed Benoit Testard as its group chief executive, effective from Monday, 21st February. Formerly, Benoit Testard successfully led the group’s

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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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Greencore Still Considering its Options on Northern Foods

    Greencore Still Considering its Options on Northern Foods

In response to recent press speculation about whether or not it will amend its offer for Northern Foods, the board of Greencore has confirmed that it is still considering its

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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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1000th Quality Food Name Registered With EU

The Piacentinu Ennese, a sheep’s cheese from Italy, has became the one thousandth name to be registered under the European Commission’s agricultural product and foodstuff quality labels. Since their creation

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KaliSel – the K+S KALI GmbH Food Grade Potassium Chloride

The high-purity, food-grade potassium chloride produced by K+S KALI GmbH is called “KaliSel”. This brand name will be used to market potassium chloride KCl FCC, FAO, WHO, E 508 in

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Plastribution creates packaging films division

Plastribution has created a new business division to focus on its growing range of exclusive film products for the UK packaging market. These currently include heat shrinkable films from Bonset

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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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2 Sisters to Invest £30 Million in New Factory

    2 Sisters to Invest £30 Million in New Factory

As part of its strategy for growth, UK chicken processor 2 Sisters Food Group is spending £30 million on a state-of-the-art food factory in Thetford. The site will act as

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Tangerine is One of Britain’s Fastest Growing Private Equity-backed Stars

    Tangerine is One of Britain’s Fastest Growing Private Equity-backed Stars

Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, has gained a top 20 place in the latest Sunday Times Deloitte Buyout Track

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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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Uniq Reaches Agreement on Pension Deficit

UK chilled convenience food processor Uniq has received clearance from the Pension Regulator for its proposed restructuring, to provide a solution to its legacy pension deficit. Under the proposed restructuring,

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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

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Friends of Glass Celebrate Health Success and Launches Taste Competition

Friends of Glass , the European glass container industry consumer group, has reported strong support for its health campaign ‘Nothing

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Exciting Soy solutions

Solbar will present a wide range of products for the dietary supplement, health and wellness markets. Solbar will highlight its

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Completion of Skanem Newcastle Retail Food Deal

Skanem UK has completed the sale of its retail food labelling business at its Gateshead operation to Paragon Print &

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Premier Foods to Sell Canned Grocery Operation to Princes For £182m

  Premier Foods to Sell Canned Grocery Operation to Princes For £182m

Premier Foods has agreed to sell its East Anglian canned grocery operations to Princes for £182m. The sale is in

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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

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Heineken Sponsors London Olympics 2012

  Heineken Sponsors London Olympics 2012

Heineken UK has been appointed as official lager supplier and sponsor of the London 2012 Olympic Games As part of

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Diamond Foods to Expand UK Kettle Foods Plant

  Diamond Foods to Expand UK Kettle Foods Plant

US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing

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FRESH BREAD MAKES THE BEST SANDWICHES – THAT’S THE TOP AND BOTTOM OF IT!

Most consumers would agree that for any sandwich to be really memorable, the bread must be fresh. Brown or white,

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Sidel inaugurates its new training lab in Parma (Italy)

On January 28, Sidel inaugurated a new training lab at its Parma site, dedicated to the manufacture of fillers and

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Pro2Pac PR Statement

The Reflex Group is Britain’s fastest growing label company. At Pro2Pac 2011, The Reflex Group will showcase exciting and innovative

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IWM premiers two new innovations at Pro2Pac

Industrial Washing Machines Limited Stand A28 Pro2Pac Show ExCel London 13 – 16 March 2011   Industrial Washing Machines (IWM)

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PUT HYGIENE FIRST

Goplasticpallets.com is urging food and drinks manufacturers to put hygiene first when it comes to selecting a supplier of containers

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Keymac P.R. write-up.

Keymac Packaging Systems Ltd introduces at this years Pro2Pack it’s latest innovation in Sleeving equipment exhibiting the Keymac K101 Fully

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Chadwicks to Demonstrate Successful Design Software at Pro2Pac

Leading shrink sleeve manufacturer Chadwicks will be showcasing its state of the art design software, Quadraxis Sleeve 3D on stand

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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,

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Emmi Exceeds Sales Targets

  Emmi Exceeds Sales Targets

Despite the difficult trading environment, Swiss dairy group Emmi achieved sales slightly higher than expected due largely to the strong

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Molson Coors Extends its British Beer Portfolio

  Molson Coors Extends its British Beer Portfolio

Molson Coors (UK) has acquired Sharp’s Brewery including the Doom Bar brand for an undisclosed sum. Founded in 1994, Sharp’s

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Coca-Cola Gains Another Billion Dollar Brand

Coca-Cola Company has added Minute Maid Pulpy to its portfolio of brands that have achieved global retail sales of more

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New robot enables unattended water analysis

HACH LANGE’s new automated laboratory robot, the AP3800, is the ultimate labour-saving laboratory device; enabling the unattended multiple parameter analysis

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AB InBev Launches Stella Cider

  AB InBev Launches Stella Cider

Anheuser-Busch InBev is using its famous Stella Artois brand to launch a cider in Britain. The move, which is believed

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Global Fish Consumption Reaches Record High

  Global Fish Consumption Reaches Record High

The contribution of fish to global diets has reached a record of about 17 kg per person on average, supplying over

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How Brands Can be Successful in 2011

  How Brands Can be Successful in 2011

2011 can be a profitable year for consumer packaged goods brands but they must learn from 2010’s successes and failures.

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Small Irish Food Businesses Demonstrate Resilience

Small food businesses in Ireland are continuing to demonstrate strong growth both on the domestic and export markets, according to

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Cranswick Strengthens Asset Base

  Cranswick Strengthens Asset Base

Cranswick, the UK pigmeat, cooked meats and sandwiches producer, continues to invest in strengthening its asset base. The company has

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Greene King Continues Retail Expansion

  Greene King Continues Retail Expansion

In line with its retail expansion strategy and accelerating its repositioning toward food-driven outlets, British regional brewer and pub operator

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Tate & Lyle Raises Price of Corn Sweeteners by 20%

  Tate & Lyle Raises Price of Corn Sweeteners by 20%

Escalating corn costs have forced Tate & Lyle to raise the price of its corn sweeteners, supplied to food and

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Constellation Completes Sale of Australian and UK Business

  Constellation Completes Sale of Australian and UK Business

Constellation Brands, the world’s leading premium wine company, has completed the sale of its Australian and UK business to Champ

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EU Sugar Shortage a Real Concern

  EU Sugar Shortage a Real Concern

Food and Drink Industry Ireland, the main trade association for the food and drink industry in Ireland, has voiced concern

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Lloyd’s Accredited to Deliver New Global Food Safety Certification

  Lloyd’s Accredited to Deliver New Global Food Safety Certification

Lloyd’s Register Quality Assurance (LRQA) has been accredited to deliver a new certification scheme for food safety management systems. LRQA

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Consolidation in Irish Grain and Feed Industry

Irish agri-nutrition and food company Origin Enterprises, which is 71% owned by international bakery group Aryzta, has together with W&R

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European Business News – Week ending January 28, 2011

Concern is mounting about escalating sugar prices and the security of supply in the EU. World sugar prices reached their

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