ForeignUK: Boris Johnson tomorrow new prime minister
And he promises: "Brexit" by October 31st
Boris Johnson, former mayor of London, is now the new premier of the United Kingdom. Tomorrow there will be the handover from the resigning Theresa May to the leader of the conservative party, which beat... more
FairsIEG consolidated revenue 1H2019 reached € 100 million
Italian Exhibition Group is a leading company in event organization
Italian Exhibition Group’s Consolidated revenue as at June 30th 2019 reached approximately € 100 million (provisional data), strongly higher compared to the 77,3 million of first half of 2018. This res... more
Frozen foodsNomad Foods Reports 2Q2019 Strong Results
The Iglo, Findus and Birds Eye brand owner saw revenue lift 10% to €538 million
European frozen food giant Nomad Foods reported its tenth consecutive quarter of organic revenue growth for the second quarter of 2019. The Iglo, Findus and Birds Eye brand owner saw revenue lift 10% to... more
IndustryKraft Heinz Reported 1H2019 results indicating more than $1.2 billion in impairment charges
CEO Miguel Patricio says level of decline not acceptable
The Kraft Heinz Company reported preliminary financial results for the first half of 2019 that reflected lower net sales despite improving consumer takeaway trends in key markets, as well as the adverse... more
CoffeeIllycaffè buys UK Euro Food Brands
The Italian company will directly manage its Uk distribution
Illycaffè announced the acquisition of Euro Food Brands’ illy division, dedicated to the distribution of illy products in the UK. Euro Food Brands has been illycaffè’s UK distributor for over 25 years... more
MeatsTyson Foods Reports Third and Nine Months 2019 Results
3Q Revenues of $10.89B (+8.4% Y/Y), GAAP Eps of $1.84
Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State F... more
WinesMasi Agricola: consolidated results of HY2019
A positive 2Q bring the group back to revenues growth (+1%); hyperinflation in Argentina influenced profitability
The Board of Directors of Masi Agricola S.p.A., a company listed on AIM Italia and one of the Italian leaders in the production of premium wines, approved the consolidated half-year financial report as... more
DistributionMarr approves the results of the first half of 2019
Total revenues at 793.0 million Euros (782.6 million in HY2018)
The Board of Directors of Marr Spa, a company of the Cremonini group, leader in Italy in the foodservice sector, approved the half-year financial report at June 30, 2019. Total revenues for the first half... more
VideoThe fifth “Sainsbury’s Brand Conference” in Italy
Interview with Judith Batchelar, Brand Manager at Sainsbury’s, and Natasha Linhart, CEO at Atlante.
The fifth “Sainsbury’s Brand Conference” was held on 26 of July in Bologna, organised by Atlante, an Italian company which has been operating for over 20 years in the large-scale food retail sector as st... more
CateringRestaurant Brands International Reports 2Q 2019 Results
Global system-wide sales increased 7.9%
Restaurant Brands International reports global system-wide sales increased 7.9% in Q2 to follow on last year's 7.3% increased. Comparable sales were up 0.5% for the Tim Horton's chain, 3.6% for... more
Fourth range vegetablesLa Linea Verde Group: turnover to 300 million Euro
Growth +28% higher than in 2017
On the occasion of the approval of the financial report, the company reflects on its investments and growth strategy more
FinanceCampari Group has reached an agreement to sell Villa ‘Les Cèdres’
The sale price of the Villa in Cap Ferrat amounts to €200 million, of which Campari Group will retain €80 million
Campari Group has reached a preliminary agreement for the sale of the real estate property ‘Villa Les Cèdres’, located in Saint-Jean Cap-Ferrat, France. The Villa had entered Campari Group’s perimeter within... more
DessertsMondelēz International Reports Q2 Results
Net revenues declined 0.8%, organic net revenue grew 4.6%, adjusted EPS was $0.57, up 9%
Mondelez International reported second-quarter 2019 results with adjusted earnings of 57 cents per share. On a constant-currency basis, adjusted earnings improved nearly 9% year over year, courtesy of... more
CateringStarbucks reports strong quarterly sales (+6%)
EPS of $0.78, up 26% over the prior year
Starbucks Corporation reported financial results for its fiscal third quarter ended June 30, 2019. “Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘... more
BeverageCoca-Cola reports strong second quarter operating results
Quarterly net revenues grew 6% to $10.0 billion
The Coca-Cola Company reported strong operating results in the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved execution in the marketplace. Reported... more
Cheese and dairy productsDanone records sales growth during HY2019
Boosted by the performance of its baby food products in China.
Danone posted a 2.5% increase in like-for-like sales in the second quarter as it was boosted by the performance of its baby food products in China. The company posted sales of €6.5 billion for the quarter, w... more
Most popular news
ForeignElanco Announces Agreement to Acquire Bayer’s Animal Health Business
Transaction valued at US$7.6 billion, financed by 70% cash and 30% equity combination
Elanco Animal Health has entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at US$7.6 billion. The planned transaction, which is subject to regulatory... more
Fairs
FairsIEG consolidated revenue 1H2019 reached € 100 million
Italian Exhibition Group is a leading company in event organization
Italian Exhibition Group’s Consolidated revenue as at June 30th 2019 reached approximately € 100 million (provisional data), strongly higher compared to the 77,3 million of first half of 2018. This res... more
Fairs"World Food Poland" expected for next March 7-9
Intense the Italian presence with the Bellavita pavilion
The three-day of "WorldFood Poland-6th International Food & Drink Exhibition Expo XXI" (March 7-9, 2019) is approaching in Warsaw, B2B fair designed for the food and beverage industry. The location is... more
Fairs"Surprises in Store": the Trend Report 2019 by Fruit Logistica
Fresh fruit and vegetables in retail in the spotlight/Attachment
FairsMacfrut and Sival, Italian-French partnership
The agreement in the fruit and vegetable sector was signed in Angers
