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Dairy Firm Arla Sees 2019 Profits Stagnate Despite New Product Launches

Farmers' cooperative Arla Foods, one of the world's biggest dairy firms, said that profits for 2019 have stagnated, despite the launch of new products to m...

Molson Coors Sees Fourth-Quarter Revenue Up, Despite Volume Decrease

Brewer Molson Coors has posted a 3.0% increase in net sales in the fourth quarter of its financial year, to $2.49 billion (€2.29 billion), despite see...

Rival Coca-Cola Bottlers Post Higher Profit, HBC Sees Faster Growth

Rival bottlers Coca Cola HBC and Coca-Cola European Partners (CCEP) reported solid rises in annual profit on Thursday, with HBC also forecasting a faster g...

Heineken Sees 2020 Profit Growth As Some Commodity Costs Ease

Heineken, the world's second largest brewer, expects to benefit from lower barley and aluminium costs this year after 2019 earnings rose exactly in line wi...

Britain's Ocado Counts Cost Of Fire At Flagship Warehouse

British online supermarket and technology group Ocado has reported an increase in annual pretax losses and a 27% fall in core earnings, mainly due to a fir...

Unilever Announces Tea Review As Underlying Sales Growth Beats Estimates

Unilever has launched a strategic review of its tea business, including the PG Tips and Lipton brands, as Chief Executive Alan Jope looks to boost group sa...

Sainsbury's First-Half Results – What The Analysts Said

UK retailer Sainsbury's has posted a marginal decline in group sales in the first half of its financial year, with like-for-like sales down 1.0% and underl...

Food Group Danone Narrows 2019 Sales Growth Goal Despite Strong Q3

French food group Danone said revenue growth accelerated in the third quarter as baby food product sales in China delivered another a strong rise in turnov...