Generally Accepted Accounting Principles

Emmi's profits are up, driven by progress outside of Switzerland.

Emmi profit comes from international sales

By Jim Cornall

Swiss dairy company Emmi has released its year-end results, which showed earnings before interest and taxes (EBIT) rose by 7.3 % to CHF 202.7m ($204.2m).

Savola has slashed its dividend after announcing an 80% fall in first-quarter profits year-on-year. (© iStock.com)

Savola Q1 profit plummets 80%, dividend slashed

By Eliot Beer

Saudi food producer Savola has slashed its dividend after announcing an 80% fall in first-quarter profits year-on-year, with food revenues falling 8.6%, brought down by its edible oil operations.

Savola profits down 15%, more falls to come

Savola profits down 15%, more falls to come

By Eliot Beer

The Savola Group saw profits fall 15% in its second quarter, and warns full-year profits could be down 10%, because of oversupply of commodities and a larger retail sector.

Juhayna has partnered with Danish dairy firm Arla to distribute its butter, cheese and cream products in Egypt

Juhayna profits up 64% as costs fall

By Eliot Beer

Egyptian dairy and juice producer Juhayna saw profits rise 64% year-on-year to US$8.3m in its second quarter, with total revenue of US$140.6m, up 16%.

Dairy and juice dominate Almarai's operations, accounting for US$2.64bn of sales last year

Almarai profit up 11% to $445m

By Eliot Beer

Saudi food producer Almarai saw its full-year profit rise 11.5% to US$445m, with total sales of US$3.35bn for the year.

ABF's sugar rush continues...

ABF says it will meet expectations despite £100m charge

By Caroline Scott-Thomas

Associated British Foods (ABF) has said that its full year results will include a £100m (€125m) impairment charge for its Australian meat business – although it expects second half earnings to be in line with expectations.

Danisco acquisition provides bright spot for DuPont in 2011

Danisco acquisition provides bright spot for DuPont in 2011

By Caroline Scott-Thomas

DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.

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