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Tag "financial performance"

Food Volumes Down at Unilever

    Food Volumes Down at Unilever

Unilever has reported a 1% increase in both operating profit and net profit to Eur6.43 billion and Eur4.62 billion respectively on turnover up 5% to Eur46.5 billion for 2011. Underlying

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Finsbury Food Group Passes £100 Million Interim Sales Barrier

    Finsbury Food Group Passes £100 Million Interim Sales Barrier

Finsbury Food Group, a leading UK manufacturer of cake, bread and gluten free bakery goods, has increased first half sales revenues to £102 million, passing the £100 million in six

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Greencore Shows Resilience

    Greencore Shows Resilience

Greencore, one of the leading players in the UK convenience foods market, has increased revenue by 8.7% to £804.2 million, and by 4.3% on a like for like basis, for

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Record Results at Greene King

    Record Results at Greene King

Greene King, the British regional brewer and pub group, has increased operating profit before exceptionals to a record £115.6 million in the 24 weeks to October 16th 2011 on revenue up

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Marston’s Increases Sales and Underlying Profits

    Marston’s Increases Sales and Underlying Profits

Despite the difficult economic environment, UK regional brewer and pub operator Marston’s increased revenue by 4.8% to £682.2 million in the 52 weeks to October 1st 2011, with improvements in

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Solid Performance by Britvic

    Solid Performance by Britvic

Buoyed by volume and sales growth in Great Britain, France and its other international markets except Ireland, Britvic sold 2.1 billion litres of soft drinks in the 52 weeks ended

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Interim Profits Surge at Remy Cointreau

    Interim Profits Surge at Remy Cointreau

Reflecting sales growth across all its geographic regions, French spirits group Remy Cointreau has increased current operating profit by 27.3% (up 30.7% organically) to Eur106.2 million for the first six

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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

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Barry Callebaut Outperforms Global Chocolate Market

    Barry Callebaut Outperforms Global Chocolate Market

Barry Callebaut, the world’s leading manufacturer of cocoa and chocolate products, has again outpaced the global chocolate market with an increase in sales volume of 7.2% to 1,296,438 tonnes in

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Rising Input Costs Impact Profits at Cranswick

    Rising Input Costs Impact Profits at Cranswick

Cranswick, one of the leading UK suppliers of pork products, has reported a 23% drop in operating profit to £19.0 million on revenue up 3% to £393.9 million for the

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Sugar to Fuel Earnings Increase at Sudzucker

    Sugar to Fuel Earnings Increase at Sudzucker

Europe’s largest sugar group Sudzucker expects to increase annual revenue to around Eur6.5 billion in 2011/12, up from Eur6.2 billion in the previous year, and achieve an operating profit of

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Shepherd Neame Achieves Record Sales

    Shepherd Neame Achieves Record Sales

Shepherd Neame, the Kent-based English brewer and pub operator, increased turnover by 5.2% to £121.3 million and operating profit before exceptionals by 3.3% to £12.3 million for the year ended

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Record Sales For Highland Spring

    Record Sales For Highland Spring

Helped by the acquisition of Greencore’s bottled water business in March 2010, Highland Spring increased turnover by 26% to £69.3 million and operating profit by 6% to £4.6 million for

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Bonduelle Predicts Growth Despite Profits Fall

    Bonduelle Predicts Growth Despite Profits Fall

Bonduelle, world leader in processed vegetables, has reported at 10.7% rise in turnover to Eur1.73 billion for the year ended June 30th 2011 but operating profit before taxes dropped 22.8%

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Dynamic Growth By William Grant & Sons

    Dynamic Growth By William Grant & Sons

Reflecting the acquisition of the Tullamore Dew Irish whiskey brand and value growth across its core spirits brands, Scottish independent distiller William Grant & Sons has increased operating profit by

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Year of Repositioning For Aryzta

    Year of Repositioning For Aryzta

Reflecting contributions from acquisitions and underlying sales growth within its food business, Aryzta increased revenue by 28.8% to €3.88 billion and group EBITA by 44.1% to €393.3 million in the

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Poor Weather Restricts AG Barr

    Poor Weather Restricts AG Barr

The poor summer weather has impacted upon the financial performance of UK soft drinks manufacturer AG Barr in the first six months ended July 30th 2011. Driven by the company’s

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Solid Performance By Finsbury Food Group

    Solid Performance By Finsbury Food Group

Helped by a return to growth in its cake division, UK bakery company Finsbury Food Group has increased revenue by 12.6% to £189.6 million and underlying profit before tax by

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Emerging Markets and Top Brands Drive Pernod Ricard

    Emerging Markets and Top Brands Drive Pernod Ricard

Achieving growth across all its regions, Pernod Ricard has reported an 8% rise in full year sales to Eur7.64 billion, including organic growth of 7%, as the French spirits and

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Interim Sales Increase at Lotus Bakeries

    Interim Sales Increase at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased consolidated turnover by 5% to Eur133.6m in the first half of 2011. On a like-for-like basis, taking into account the termination of

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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

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Heineken Faces Tough Second Half

    Heineken Faces Tough Second Half

Despite a solid first half performance, Heineken has cautioned that profit for the full year will be flat. Heineken achieved organic growth in group beer volume of 4.2% to 104.1m

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Glanbia Performs Well in First Half

  Glanbia Performs Well in First Half

Buoyed by strong global dairy markets, good demand in key nutritional sectors and first time contributions from acquisitions, Glanbia, the

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Declining Russian Beer Market Undermines Carlsberg’s Profits

  Declining Russian Beer Market Undermines Carlsberg’s Profits

The continuing decline in beer consumption in Russia, Carlsberg’s largest market, has impacted the Danish brewer’s financial performance in the

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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

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Profits Plummet at Premier Foods

  Profits Plummet at Premier Foods

Premier Food, the UK’s largest food producer, has reported a 28.7% drop in trading profit to £67m for the first

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Unilever Reports Strong First Half Growth

  Unilever Reports Strong First Half Growth

According to Unilever, its development strategy is delivering results after the group reported strong growth in the first half of 2011.

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Bonduelle Returns to Growth

Reflecting the impact of the integration of acquisitions and favourable currency exchange rates, Bonduelle has increased turnover by 10.7% to

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Record Confectionery Performance Lifts Zetar

  Record Confectionery Performance Lifts Zetar

Despite the difficult trading environment, Zetar, the UK confectionery and snack food group, increased revenue by 2% to £135.0m and

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Solid Performance By First Milk

  Solid Performance By First Milk

Despite the challenging economic conditions, UK dairy co-operative First Milk has managed to increase pre-tax profits from £360,000 to £7.2m

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Resilient Performance by Fuller, Smith & Turner

  Resilient Performance by Fuller, Smith & Turner

Driven by a strong performance from its managed pubs and hotels business, London-based regional brewer and pub operator Fuller, Smith

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Brown-Forman to Build on Record 2011 Performance

  Brown-Forman to Build on Record 2011 Performance

Building on record earnings and operating income in its 2011 financial year, Brown-Forman anticipates continued underlying operating income growth for

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Solid Performance by Milk Link

  Solid Performance by Milk Link

Reflecting higher selling prices, a better mix of products and a 5% increase in the volume of milk handled to

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Record Year For Heinz But Factory Closures Planned in Europe

  Record Year For Heinz But Factory Closures Planned in Europe

HJ Heinz has achieved record sales and net income of $10.7b and $990m respectively in its 2011 financial year, while

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Dairy Crest Well Placed to Face Challenges Ahead

  Dairy Crest Well Placed to Face Challenges Ahead

Although turnover slipped by 2% to £1.61b for year ended March 31st 2011, Dairy Crest managed to increase adjusted profit

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Solid Performance By SABMiller

  Solid Performance By SABMiller

Global brewer SABMiller has reported a 7% rise in group revenue to $28.3b, with organic, constant currency group revenue growth

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C&C Group Revival Continues

  C&C Group Revival Continues

Year-on-year volume growth of 4% for its Magners cider brand, including 3.6% growth in Great Britain and 33.8% export growth,

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Record Year For Cranswick

  Record Year For Cranswick

UK meat processor Cranswick increased pre-tax profit by 8% to £47.1m for the year ended March 31st 2011 on underlying

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39 Consecutive Years of Dividend Increases by PepsiCo

  39 Consecutive Years of Dividend Increases by PepsiCo

Global soft drinks and snacks giant PepsiCo has declared its thirty-ninth consecutive annual dividend increase, by lifting the current annual

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Fifth Consecutive Quarter of Growth at Unilever

  Fifth Consecutive Quarter of Growth at Unilever

Food, personal care and home care group Unilever has delivered its fifth consecutive quarter of growth as its transformation strategy

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Solid Interim Growth By Associated British Foods

  Solid Interim Growth By Associated British Foods

Associated British Foods has achieved a 5% rise in adjusted operating profit to £390m on group revenue ahead by 9%

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Recovery Continues at Restructured Uniq

  Recovery Continues at Restructured Uniq

Uniq, the UK convenience food group, has continued the improvement in its financial performance by reporting an operating profit before

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Strong Performance By Carbery Group

Ireland-based international food ingredients manufacturer Carbery Group has reported a 22% rise in turnover to Eur224.3m in 2010. The group

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Transitional Year for Irish Dairy Board

  Transitional Year for Irish Dairy Board

Reduced margins at its DPI US speciality food business were behind a sharp drop in EBITA by a third to

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Barry Callebaut Growing Twice as Fast as the Market

  Barry Callebaut Growing Twice as Fast as the Market

Barry Callebaut, the world’s leading manufacturer of high quality cocoa and chocolate products, grew twice as fast as the global

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Strong Growth By Stocks Spirits Group

  Strong Growth By Stocks Spirits Group

Stock Spirits Group, one of Central Europe’s leading branded spirits and liqueurs businesses, has reported double digit organic revenue and

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Adnams Looks to the Future

  Adnams Looks to the Future

After recovering strongly in the second half, English regional brewer and pub company Adnams has reported a 1.5% slip in

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Sales Down at The Real Good Food Company

With its Napier Brown sugar distribution business recording an operating loss, The Real Good Food Company has reported flat group

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Another Strong Performance by AG Barr

  Another Strong Performance by AG Barr

UK soft drinks manufacturer AG Barr has increased pre-tax profit, excluding exceptional items, by 13.3% to £31.6m for the twelve

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Interim Profits Plunge at Cloetta

  Interim Profits Plunge at Cloetta

Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely

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Emmi Exceed Sales and Earnings Targets

  Emmi Exceed Sales and Earnings Targets

Acquisitions, encouraging international growth and strict cost management have helped Emmi, the Swiss dairy group, to increase net profit by

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Finsbury Sustains Interim Profit Despite Fall in Sales

  Finsbury Sustains Interim Profit Despite Fall in Sales

UK baker Finsbury Food Group has reported a 7% fall in revenue to £82.9m and flat pre-tax profit of £1.8m

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Produce World Well Placed for Growth

  Produce World Well Placed for Growth

Despite a 68% fall in operating profit to £2.3 million and a drop in sales to £218 million during 2010,

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Resilient Performance by Shepherd Neame

  Resilient Performance by Shepherd Neame

Shepherd Neame, the UK regional brewer and pub operator, has increased turnover by 1.6% to £61.7m for the 26 weeks

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