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McDonald's Reports Second Quarter 2019 Results

EPS of $2.05 and revenue $5.34B (-0.2% Y/Y) in-line

McDonald's Corporation announced results for the second quarter ended June 30, 2019. Results for the quarter and six months in constant currencies reflected stronger operating performance primarily due to an increase in sales-driven franchised margin dollars, partly offset by lower gains on sales of restaurant businesses, mostly in the U.S.In the second quarter the revenues were $5.34B, operating...

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© EFA News - European Food Agency Srl

Cheese and dairy productsBrands and transformation deliver strong 2019 results for Arla

Arla’s branded sales volume grew 5.1 per cent in 2019

In 2019 farmer-owned Arla Foods exceeded expectations for global branded sales whilst simultaneously transforming its business securing cost-savings at the top end of expectations through the Calcium programme. This enabled Arla to deliver a stable milk price to its farmers owners and a strong cash flow further strengthened the company’s investment power in future growth. more