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Nestle Adopts IFRS From 2011

    Nestle Adopts IFRS From 2011

Nestle will change its sales recognition policy in line with International Financial Reporting Standards (IFRS) from the start of 2011. The change will reduce Nestle’s reported sales by about 15%

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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

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Strong Profits Growth at Refocusing Sara Lee

    Strong Profits Growth at Refocusing Sara Lee

Despite a 0.8% drop in net sales to $10.8b, reflecting lower volume sales and prices, Sara Lee increased operating income by 88.6% to $918m in its 2010 financial year, driven

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Steady Volume and Sales Growth at Danone

    Steady Volume and Sales Growth at Danone

French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half of 2010 and a 7% rise on a like-for-like basis.

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