Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...
Migros, the Swiss co-operative food retail group, is to carry out a
review of head office functions with a view to cutting costs by up
to 15 per cent. The Swiss retail market has been hit by recession
this year, and cost reduction...
The dominance of the multiple retailers in the UK has had a
devastating effect on the specialist retail sector there, with the
massive buying power of the major chains allowing them to undercut
independent operators at the same time...
Slovenian meat and poultry processor Perutnina Ptuj has announced a
20 per cent increase in its revenues for 2003 on the back of strong
domestic demand - results that are expected to fuel further
expansion outside the domestic market.
Management at Spar, the Germany-based, French-owned retail group,
has reacted angrily to reports in the press last week that it was
considering selling off its discount chain Netto - and not
surprisingly, since the business is by...
The Big Food Group, owner of the Iceland and Booker chains, posted
a slight improvement in first half sales as it continues to
overhaul the business. Most noticeable was a return to
profitability at Iceland, helped by improved sales...
Marks & Spencer, the British retail group, has reported first
half sales growth of 4.3 per cent, helped by a 6.9 per cent gain in
the UK food retail business during the period. Food will continue
to play an important role in the...
Sales and profits at Jeronimo Martins continued to grow in the
first half, despite the weak economic conditions in Portugal and
Poland. The disposal of loss-making businesses appears to have paid
off, but the company is not completely...
Burgeoning Irish ingredients, flavours and consumer foods group
Kerry continues on the path to growth this week with the
announcement that it has acquired two food ingredients businesses
in the US for $67 million (€61.9m).
After a lengthy period of restructuring, the first half of 2002 was
a good one for the UK's Co-operative Group, driven by an excellent
performance from its food retail arm... just the kind of welcome
new chief executive Martin...
Danish food ingredient giant Danisco this week reported a solid
profit of DKK 940 million (€126.4m) in preliminary results for the
year ending 30 April 2002.
Acquisitions in the ingredients and sweeteners sector boosted