Profit

Campbell Soup Lifts Annual Net Sales Forecast As Demand Recovers

Campbell Soup raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acqui...

Hormel Foods Beats Market Expectations On Demand For Higher-Priced Meats

Hormel Foods beat market expectations for second-quarter profit and raised the lower end of its full-year earnings as the Wholly dips maker sees steady dem...

Tereos Posts Record Annual Profit On Strong Sugar Prices

French sugar group Tereos nearly trebled net profit to €448 million ($487 million) in its 2023/24 financial year, it said, helped by higher sugar pric...

Bakkavor Acquires Humous Brand Moorish, Lifts Outlook On Strong Q1

Bakkavor Group has acquired Moorish, a UK humous brand distributed across several major supermarket outlets and independent retailers.

Nordzucker Reports Sharp Rise In Profits, Warns On Harder New Year

Germany's second largest sugar refiner Nordzucker reported a 79% surge in annual profits but cautioned a falling market could pressure results in the new y...

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...