outlook

Ukrainian Poultry Firm MHP Warns On Export Challenges, Scraps Outlook

Ukrainian chicken and grains processor MHP, the country's top food producer, warned that it could not give an outlook for the year due to the war with Russ...

Kroger Raises Annual Profit Forecast On Essentials Demand

Kroger Co raised its expectations for 2022 profit on Thursday, betting on steady demand for its groceries and household essentials in an inflationary envir...

Maersk Raises Profit Guidance, Says Shipping Boom Will Stabilise In H2

Shipping group Maersk, often seen as a barometer for global trade, has cautioned that the container market may normalise in the second half of the year, ev...

AB Foods Sees First Half 'Strongly Ahead' On Improved Primark

Associated British Foods has forecast first-half sales and adjusted operating profit 'strongly ahead' of the previous year and ahead of pre-COVID 19 levels...

GSK Sees Sales Growth In 2022 After Beating Quarterly Forecasts

Britain's GSK forecast growth in 2022 after racking up £1.4 billion (€1.7 billion) in COVID-related sales in 2021, beating quarterly forecasts i...

Deliveroo Reports 'Strong' Q3, Upgrades Guidance

Food delivery company Deliveroo has upgraded its full-year growth forecast, after the gross value of its orders in the third quarter increased 58% year-on-...

WTO Hikes Trade Forecasts But Cautions On Pandemic Risk

The World Trade Organisation revised upwards its forecasts for growth of global goods trade this year and in 2022, but warned of a two-track recovery leavi...

Australia Prepares For Bumper Wheat Harvest

Eighteen months after drought ravaged Australian farms, grain growers are on course to harvest a second consecutive bumper crop as global wheat prices hove...