A-Brands

Norway’s Orkla To Offload Hydropower Portfolio

Norwegian conglomerate Orkla has agreed to sell its hydropower portfolio in two transactions.

Essity Lags Q4 Forecasts As Higher Costs Offset Volume, Price Growth

Swedish hygiene products maker Essity reported fourth-quarter core profit below market expectations, as high raw material costs in its consumer tissue busi...

Procter & Gamble Exceeds Quarterly Results Estimates As US Demand Improves

Procter & Gamble beat second-quarter results estimates, driven by growing demand for its household items such as Pantene shampoos and Tide detergents.

Smithfield Foods Targets Up To $10.7bn Valuation In US IPO

Smithfield Foods is targeting a valuation of up to $10.73 billion (€10.4 billion) in its US initial public offering, the Farmland bacon maker said.

UK's Cranswick Sees Annual Profit To Meet Market Views After Bumper Christmas

Cranswick said it had a record Christmas trading period, buoyed by strong demand for its premium value-added products, which would help its full-year profi...

PepsiCo Completes Acquisition Of Siete Foods

PepsiCo has announced it has completed its acquisition of Garza Food Ventures LLC, trading as Siete Foods, in the United States, for $1.2 billion (€1....

Essity CEO Magnus Groth To Step Down

The chief executive of personal care giant Essity, Magnus Groth, has announced that he plans to step down as CEO, and from the company's board, during 2025...