Quarterly Reports: latest news, insights and analysis | ESM Magazine

Tereos Expects Good Sugar Beet Yield In France Despite Drought

France's largest sugar group Tereos said it currently expects yields in this year's French sugar beet harvest to top the five-year average despite a lack o...

Portugal's Jerónimo Martins Profit Jumps, Buoyed By Refugees In Poland

Portugal's Jerónimo Martins reported a 35% jump in second-quarter net income, with strong sales in its key market Poland, supported by the consumpti...

Walgreens Posts 76% Decline In Profit In Third Quarter

Drugstore chain Walgreens Boots Alliance Inc posted a 76% fall in quarterly profit, hurt by its opioid settlement with Florida and a decrease in US ph...

Brazil's JBS Says China Lockdowns Won't Affect Demand

Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite ca...

Jerónimo Martins Posts 52% Jump In Quarterly Profit

Portuguese retailer Jerónimo Martins has posted a 52% jump in first-quarter net income as its key market Poland led a rise in sales, but warned of u...

Kraft Heinz Raises Annual Sales Forecast

Kraft Heinz Co raised its forecast for annual organic sales growth, benefiting from higher product prices and sustained demand for its packaged meals...

PepsiCo Raises Revenue Forecast Boosted By Higher Prices

PepsiCo has raised its full-revenue forecast, aided by higher prices and a rebound in demand for its sodas at theatres and restaurants.

Russia's Lenta Withdraws 2022 Guidance

Russian retailer Lenta said it was pulling its 2022 guidance on store openings and capital expenditure as political uncertainty continues to put pressure o...