Revenue

Greencore supplies a range of dishes to the US market, including spiced salmon meal kits

Convenience food champion triples US revenue

By Aidan Fortune

Dublin-headquartered Greencore has tripled US sales in the first quarter of the current financial year and reported continued UK growth from its convenience, and especially food-to-go, operations.

Mondelēz International has bounced back after a cyber-attack in June

Mondelēz grows sales despite cyber-attack

By Gwen Ridler

Global food giant Mondelēz International has posted growth in sales and income in its third-quarter results, after it bounced back from a cyber-attack in June.

Associated British Foods expected revenue to increase across its Grocery, Ingredients and Sugar divisions

ABF grocery, sugar and ingredients revenue rises

By Matt Atherton

Associated British Foods (ABF) expects to report an “excellent performance” in first-half trading, due for release on April 19, driven by revenue growth in its Grocery, Sugar and Ingredients divisions.

Hotel Chocolat reported 'stellar growth', according to one analyst

Hotel Chocolat reports ‘stellar growth’

By Michael Stones

Premium confectionery business Hotel Chocolat has reported “stellar growth” in first-half results for its 2016/17 financial year; boosted by strong Christmas sales and continuing store expansion, according to business analyst GlobalData.

Vimto owner Nichols has posted revenue growth in its trading update

Vimto owner posts revenue growth

By Gwen Ridler

Vimto owner Nichols has reported its revenue was up by 7.3% in a trading update released on Tuesday (January 10), for the year ending December 31 2016.

Kerry Group reported 2.2% growth in the nine months to September 30

Kerry Group reports growth despite Brexit fears

By Matt Atherton

Irish food and ingredients firm Kerry Group reported 2.2% growth in its consumer foods division in its financial update for the nine months to September 30, despite Brexit uncertainty and fluctuating currencies.

Oreo maker Mondelēz International reported a 1.1% boost in organic revenue

Mondelēz reports sales lift but drops growth forecast

By Matt Atherton

Mondelēz International reported a 1.1% increase in organic revenue to £5.2bn ($6.4bn) in its third-quarter trading update this week, despite lowering its full-year growth forecast from 2% to 1.6%.

Chaucer boss Andy Ducker said the company's growth was fuelled by expansion into the US and existing markets

US expansion boosts revenues at Chaucer

By Gwen Ridler

Food ingredients manufacturer Chaucer posted a 17% rise in revenues and 20% growth in earnings over the past year, driven by expansion into the US.

Charlie Bigham's reported £57M in sales this year

Charlie Bigham’s doubles sales revenue in two years

By Matt Atherton

Premium ready meals manufacturer Charlie Bigham’s has more than doubled sales revenue in two years, after posting a 35% growth in its full-year financial results to September 30 2016.

Top food manufacturers' reported dip in growth for first time in 15 years

Food and drink producers’ revenue falls to 15-year low

By Matt Atherton

The UK’s top 150 food and soft drink manufacturers saw revenue fall last year for the first time in 15 years, due to deflation and investor uncertainty, according to a report from OC&C Strategy Consultants.

Ivan Menezes announced a 'strong start' for Diageo this year

Diageo reports strong start for the year

By Gwen Ridler

A strong start for the year at alcoholic drinks giant Diageo was fuelled by improved marketing, innovation and commercial execution, claimed ceo Ivan Menezes.

Premier Foods's recovery strategy was showing signs of success: Investec

Premier Foods recovery strategy ‘starts working’

By Michael Stones

Premier Foods’s recovery strategy is “starting to bear fruit”, according to City analyst Investec, after the manufacturer posted its first quarterly branded sales rise in two years last week.

Nomad Foods has acquired Iglo Group for about £1.87bn

Nomad Foods reports £392M loss as empire grows

By Alice Foster

Nomad Foods, the new owner of frozen food company Iglo Group, has reported a £392M loss in the six months to June 30 as the investment firm eyes other potential acquisitions.

Bakkavor recently sold its remaining Italian pizza business

Bakkavor sees international sales boost

By John Wood

Bakkavor has boosted turnover and profits for the half-year to June 27, with its international business making up for a decline in UK sales in the second quarter.

Richmond sausage sales were impacted by deep promotional activity

Kerry Foods sales revenue falls by 6.4%

By Alice Foster

Kerry Foods has suffered losses as a result of heavy promotional activity caused by the major multiples in response to the growth of the German discounters Aldi and Lidl.

Cranswick will target the US

Cranswick to invest £28M after £1bn sales feat

By Nicholas Robinson

Cranswick will pump £28M into its pork manufacturing facilities to secure new US contracts and boost international sales after achieving revenues of £1bn this year, according to City analysts.

Fruit Shoot is one of Britvic's brands

Britvic’s £114M Brazilian buyout to double earnings

By Nicholas Robinson

Britvic’s £114M buyout of the Brazilian soft drinks firm Ebba will provide a significant boost to turnover, the manufacturer announced after revealing third quarter (Q3) revenues up by just 1% to £322.3M.

UK's top 20 fastest growing retailers

Aldi and Waitrose top list of fastest growing retailers

By Michael Stones

Discounter Aldi and posh supermarket Waitrose have topped a new list of the UK’s top 20 fastest growing retailers, supplying further evidence of the increasing polarisation of the grocery market.

Cranswick continued to buck the grocery trend, said City analysts

Cranswick results ‘buck grocery trend’

By Michael Stones

Cranswick’s third-quarter results, boosted by strong Christmas sales, continued to buck the flat or downward trend in the UK grocery market, said City analysts.

Glanbia acquired Isopure for £94.1M

Glanbia clinches Isopure deal

By Rod Addy

Glanbia has completed its acquisition of US sports nutrition firm The Isopure Company on schedule.

Greencore boss Patrick Coveney said the firm was 'well-positioned for further growth'

Greencore’s half year results impress City

By Michael Stones

Convenience food manufacturer Greencore’s latest financial results have impressed the City – with group revenue climbing by 8.2% to reach £619.8M – as the firm announced the disposal of its foodservice desserts business.

Greencore ceo Patrick Coveney said the business had realigned resources behind a food to go led strategy

Greencore shrugs off horsegate in full year results

By Michael Stones

Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon.

Gudmundsson remains optimistic, despite challenging conditions

Bakkavör's turnover keeps on rising

By Rick Pendrous

Chilled convenience foods manufacturer Bakkavör has seen a 6% increase in turnover to £428.7M for the second quarter of the year in its most recent results issued for the half year to June 29.

Nestlé Dolce Gusto was one of Nestlé's strong performers in the UK

UK coffee sales boost Nestlé's results

By Rick Pendrous

UK coffee sales have proved one of the few highlights for food giant Nestlé in its first quarter (Q1) results for 2013, which failed to meet analysts' expectations.

Greencore has demonstrated a steady hand on the chilled foods tiller

Greencore reports a good start to 2013

By Rick Pendrous

Greencore’s latest trading results follow a successful previous year for the group against a tough trading environment. They have been welcomed as a “sound start” to the new financial year by analysts who predict “robust margins” within the group.

Barry Callebaut is to become the globe’s largest cocoa processor with the acquisition of the Cocoa Ingredients Division of Petra Foods

Barry Callebaut to become largest cocoa processor

By Mike Stones

Chocolate manufacturer Barry Callebaut is to become the globe’s largest cocoa processor with the acquisition of the Cocoa Ingredients Division of Petra Foods, based in Singapore for $950M.

Kerry's ingredients and flavours business showed 3.5% like-for-like growth

Asia growth drives Kerry's ingredient gains

By Gary Scattergood

Kerry Foods has recorded a 14.8% increase in revenues in its ingredients and flavour division, largely driven by an impressive performance in the Asia-Pacific region.

Greencore boss Patrick Coveney described 2012 as 'a breakthrough year'

Greencore reports ‘breakthrough year’

By Mike Stones

Chilled food manufacturer Greencore has reported “a breakthrough year”, with revenue up 44.5% to £1,161.9M due to acquisitions and “business momentum”, for the full year to September 28 2012.

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