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.
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.
MGP Ingredients (MGPI) is set for a major overhaul in its
ingredients operations, after disappointing results in the segment
for the company's fiscal year prompted it to announce that it will
review its entire ingredients business.
Danish ingredients group Chr Hansen, shortly to be sold to private
equity firm PAI, posts a small rise in revenue and a decent boost
in pre-tax profit for the nine months to May, reports Lindsey
Flavors company Sensient Technologies said last week that
fourth-quarter earnings rose 2.5 percent, lifted by foreign
exchange rates and higher profit from sales of traditional flavors
in Europe and North America.
Imperial Sugar yesterday (Thursday) announced a higher
first-quarter profit, but predicted that operating income would
fall significantly in 2005 as the sugar industry remains
challenging, reports Philippa Nuttall.
Biotech giant Monsanto announced a smaller net loss for the first
quarter of 2005 than the same period last year thanks mainly to
increasing seed sales, but legal problems are still proving
expensive for the company.
Martek Biosciences last week announced its year-end results, noting
increased revenues and "robust growth" due primarily to higher
sales of nutritional products to the company's infant formula
Cyanotech, the Hawaiian based nutraceutical firm, which saw a
return to profitability in fiscal 2004, appears to be benefiting
from growing public awareness of the health benefits of its
products, reporting solid results for the second...
The world's top supplier of industrial chocolate to the
confectionery industry delivered a solid set of first quarter
figures yesterday with net profit rising by 17 per cent, boosted by
the integration of recently acquired US...
Already burdened with losses of €1bn under Dutch accounting rules,
retailer Ahold has today reported that the US accounting system has
effectively pushed it even further into the red - some €4.3bn to be
precise. And there is little...
Embattled Dutch retailer Ahold has finally published its
long-awaited audited results for 2002, revealing the full effect of
the widespread accounting fraud unearthed earlier this year - a
loss of over €1bn.
Australia's largest food and ingredients company Burns Philp &
Co saw net profit rise by 16 per cent to A$170.0 million (€100m)
for the fiscal year ended June 30 but earnings were impacted by
acquisitions - not least Australia's...