Economy and finance
231 news found
Economy and financePaolo Zannoni appointed as president of Autogrill
BoD examines and approves preliminary data 2018 /Attachment
The Board of Directors of Autogrill SpA, convened today, appointed by co-optation Paolo Zannoni as Director of the Company, in place of the deceased Gilberto Benetton, also appointing him as Chairman.The... more
Economy and financeInvestindustrial acquires Italcanditi
The target is the leading Italian supplier of fruit-based ingredients for the food and dairy industries
An investment subsidiary of Investindustrial VI L.P. (“Investindustrial”), has signed an agreement to become the majority partner of Italcanditi Spa. The Goffi family, the current sole owner of Italcanditi, rem... more
Economy and financeMarr, the hypothesis of negotiations for the sale are groundless
Rumors from some sites told about interest from the American giant Sysco
"In relation to the hypothesis of negotiations for the sale of the majority stake in the ownership of Marr appeared in the online press of the food sector, the company Marr (Milan: MARR.MI) - leader in... more
Economy and financeKraft Heinz reports 2Q18 34% decrease in net income
Net sales were $6.7 billion, up 0.7 percent versus the year-ago period
The Kraft Heinz Company reported a 34 percent decrease in net income for the second quarter of the 2018 fiscal year, compared to the same period in 2017.The Company reported a net income of $756 million... more
Economy and financeNestlè 1H18, total sales increased by 2.3% to CHF 43.9 billion
Net Profit increased by 19.0% to CHF 5.8 billion
Nestlé organic growth of 2.8% in the first half was in line with expectations and within the guidance for 2018. RIG was 2.5% and remained at the high end of the food and beverage industry. Pricing contributed... more
Economy and financeCargill reports one of its best results for fiscal 2018
Full Year adjusted operating earnings reached $3.2 billion, up 6 percent
Cargill reported $3.2 billion in adjusted operating earnings for the 2018 fiscal year, one of its best annual performances. The fourth quarter also was very strong for the company.The company’s improved f... more
Economy and financeFII Tech Growth invests in Supermercato24
The Fund is managed by Fondo Italiano d’Investimento SGR
FII Tech Growth, a fund managed by Fondo Italiano d'Investimento SGR, announces its investment in Supermercato24, an Italian on-demand e-grocery marketplace that allows customers to shop online at... more
Economy and financePepsiCo to withdraw Chicago Stock Exchange Listing
The withdrawal is expected to be effective within the next month
The Group has decided to withdraw its listing from the Chicago Stock Exchange to eliminate costs inherent with dual listings more
Economy and financeIvs Group: net profit rises to 6.1 mln
Constant growth in the results of the automatic distribution Group
The first Italian operator and second in Europe in the sector of automatic distribution (distributors) of drinks and snacks, Ivs Group, ended the first quarter of 2018 with production for 107.31 million... more
Economy and financeWalmart may launch Flipkart IPO by 2022
The Indian e-commerce player is valueted at a little less than $21B
Indian e-commerce player Flipkart might go for an Ipo in as early as four years if minority investors holding 60% of its shares wish to do so, Walmart said in a filing to the SEC.The U.S. retail giant... more
Economy and financeThe wine sector in Italy
UniCredit Industry Book 2018
Trends, competitive dynamics and growth more
Economy and financeUnilever, a good start with strong volume growth in first quarter
The Foods & Refreshment Division continued to build its presence in emerging markets
Today, Unilever announced its results for the first quarter of 2018, which show good volume-driven performance across all three Divisions more
Economy and financeGlenalta takes over Cft
The target society specialises in machinery for food&beverage industry
Glentalta has found its own target company. This is the Emilian Cft group which designs, plans and manufactures machinery, complete lines and turnkey systems, mainly for Food&Beverage industry. Headquartered... more
Economy and financeAgro- food exports: € 41 billion (+ 6.5%) in 2017
Coldiretti presents "True Italian Taste" for the promotion of an authentic made in Italy agro-food
At the national level, agri-food exports touched for the first time the € 41 billion in 2017, with a significant increase of 7% compared to the last year (Coldiretti elaboration from annual projections o... more
Economy and financeUnilever: 2017 revenues of € 53.7 billion, net profit up 17%
Food increases, thanks to the new product portfolio
Unilever profits rose in 2017, thanks to the growth in emerging markets and its 11 acquisitions. Net income is 16.9% to 6.5 billion euros and turnover rose 1.9% to 53.7 billion euros. The company declared... more
Economy and financeAutogrill start negotiations to acquire Le CroBag
The agreement is an opportunity to enter the main European railways channel
Autogrill, through its German subsidiary Autogrill Deutschland, has entered exclusive negotiations with Soufflet Group subsidiary Boulangerie Neuhauser to acquire 100% of food & beverage operators Le CroBag.The... more
Economy and financeBelgium company Greenyard explores acquisition of Dole Food
Today it isn't a final agreement
Belgian company Greenyard NV said on Tuesday it was in advanced negotiations to acquire Dole Food Company [DFCI.UL], the world’s largest fruit and vegetable producer, confirming a Reuters report.For D... more
Economy and financePepsiCo declares quarterly dividend
A 7% increase versus the comparable year-earlier period
Declared a quarterly dividend of $0.805 per share of PepsiCo common stock more
Economy and financeThe Italian Group Bolton invests in France €2.5 million
In the Breton establishment Saupiquet, specialized in canned fish
The company owned by Nissim family strengthens its position in the French canned fish market more
Economy and financeCompagnie Nationale à Portefeuille ready to buy a stake in Caffitaly
From €100 to €200 million to buy 49% stake in the Italian Group
Compagnie Nationale à Portefeuille (Cnp), Belgian holding owned by Albert Frère, is ready to buy a stake in Caffitaly, the Italian producer of coffee machines and capsules. The investment, equal to €100-200 mil... more
Economy and financeMr Loeb wants to innovate Nestlé’s future
Third Point, the American activist investor’s hedge fund, sets its sights on Nestlé
The investment in Nestlé by Third Point and its effects more