Food and Drink Insight provides Food and Drink market intelligence, trend analysis, forecasts and company profiles for the Food and Drink industry on a country-by-country basis across North and South America, Central, Eastern and Western Europe, Asia, the Middle East and Africa. It gives access to the latest independent analysis of market data for the global food and drink industry as well as a searchable archive of past articles and data.
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Companies / United Kingdom
It has been reported in UK-based newspaper The Sunday Times that US-food producer Campbell Soup is considering making a bid for the biscuit operations of UK-based United Biscuits. The acquisition, which could cost around GBP1.5bn, would significantly expand the firm's revenues and diversify the business away from the US, where it is currently focused. United Biscuits is the UK's...
2010-09-01Companies / Canada
Canadian food and retail conglomerate George Weston has purchased the US frozen bakery producer Keystone Bakeries for US$185mn. The deal comes 18 months after George Weston sold a US...
2010-08-31Companies / Brazil
Mexican bread maker Bimbo has opened a new factory in the Brazilian state of Minas Gerais. The facility is to produce the Pullman and Plusvista bakery brands and takes the total number...
2010-08-27Companies / Philippines
On the back of a return to robust economic growth for the Philippines in 2010 and further supportive of our preference for private consumption-oriented economies over export-reliant states, Philippine food major RFM Corporation has posted strong first half financial results. Amending upwards its full-year earnings target, our expectations of domestic demand strength in the country...
2010-08-18Finance / Japan
Sluggish H110 financial results from Japanese brewer, Sapporo Holdings - underscores the domestic market weaknesses in Japan's alcoholic drinks industry. With stagnant wage growth,...
2010-08-11Finance / Brunei Darussalam
Trans-Asian mass grocery retail (MGR) operator Dairy Farm's financial results are indicative of the massive potential of Asia with consumer spending continuing to hold up very strongly....
2010-08-06Companies / Russia
After exiting Russia in H209 (calendar) just a few months after launching its first store, Carrefour's Chief Executive Lars Olofsson has announced that the retail giant plans to re-enter via acquisition. In our opinion, Carrefour found itself in a difficult position the first time round after its organic-led entry approach and inability to close a deal (it was strongly linked with...
2010-09-01Companies / Croatia
Slovenian grocery retailer Mercator's full-year prospects fairly promising (given the underlining climate) after it reported strong earnings and sales growth for the six-month period...
2010-08-31Companies / Russia
Although Russia's largest retailer by annual sales X5 posted below consensus earnings for Q210 (financial year ending December), its earnings before interest, taxes, depreciation and...
2010-08-27Companies / Kenya
Diageo's East African Breweries Ltd (EABL) unit has posted a 10% year-on-year (y-o-y) rise in pre-tax earnings to KES12.5bn (US$154.42mn) for the year to June 2010, with volumes also performing well. After a fairly challenging H1 (financial) period, strong momentum established over H2 is likely to continue into the current financial year with EABL strengthened considerably by the...
2010-09-01Companies / South Africa
Leading South African wine and spirits producer Distell Group has reported a 1.2% year-on-year (y-o-y) decline in operating income to ZAR943.6mn (US$129.2mn) for the year ending June...
2010-08-31Companies / South Africa
South Africa's most premiumised grocery retailer Woolworths has followed Shoprite and Pick 'n' Pay in putting out a cautious view on the South African consumer as the 2009 recession...
2010-08-27Companies / United Kingdom
The chief executive of Ireland's National Consumer Agency has suggested that 'competitive pricing is still not a feature of the Irish grocery market' and to address this there is a 'real need for a new entrant to the market'. The comments come after the agency conducted a survey of the three leading retailers, which found little price differential between branded goods in Tesco,...
2010-09-01Companies / United Kingdom
UK-based drinks company Diageo has posted a 2% rise in like-for-like sales for its latest financial year after a strong showing in the emerging markets of Latin America and Asia helped...
2010-08-31Companies / Ireland
Irish food group Glanbia has posted a sharp increased in half-year earnings following a return to profitability at its dairy ingredients unit Dairy Ireland. For the six months to July...
2010-08-27
