FMCG

Greencore Posts Group Revenue Increase Of 8.1% In H1

Convenience-foods group Greencore has posted an 8.1-per-cent increase in group revenue (+7.5% at constant currency) of £691.6 million in the first ha...

Premier Foods Posts Marginal Growth In FY Results

UK food giant Premier Foods has posted a 0.6% increase in full-year group sales, with branded sales flat for the full financial year, according to prelimin...

Deoleo Improves Margin But Sales Drop

Spanish food group Deoleo increased its profit margin by 12.9 per cent during the first quarter of 2016 compared to the same period in 2015. According t...

Spanish Consumers Attached To Local Brands, Study Finds

Seven out of every ten Spanish consumers prefer that their fruit, vegetables, meat and fresh produce in general is of local or national origin, accord...

Reckitt Benckiser Shareholders Protest CEO's $33.6 Million Pay

Reckitt Benckiser Group Plc shareholders protested the 23.2 million-pound ($33.6 million) pay package for chief Rakesh Kapoor, the latest sign of growing i...

Kraft Heinz Beats Earnings Estimates as Condiment Sales Grow

Kraft Heinz Co., formed by a merger of two U.S. food giants last year, posted first-quarter sales and profit that topped estimates after the company cut ex...

Premier Foods Rejects Approach From McCormick

UK-based Premier Foods, whose brands include Bisto gravy, Mr Kipling cakes and Loyd Grossman cooking sauces, has rejected a takeover bid from US food giant...