Strong sales across board for Pepsi
PepsiCo yesterday reported revenue growth of 10 per cent for the
quarter ending 16 June, thanks to strong performances across most
Beer sales set to increase, says Heineken
Heineken announced yesterday that it has doubled its forecast for
net profit growth, with strong sales in emerging markets offsetting
slow growth rates in Europe and the US.
Coca-Cola experiences double digit sales
Coca-Cola reported Tuesday net revenue growth of 19 per cent for
the quarter ending 29 June, led by strong performances in emerging
Unhealthy diet a lifestyle choice, says UK study
People on low incomes consume just as much unhealthy food and drink
as the general population, and so bad diets are the result of
personal choice, according to a study published by the UK
Fancy a beer for more than twice the price?
In 2006, the price of beverages was on average two and a half
times more in the most expensive EU country than in the
cheapest, according to a Eurostat report.
Premium crisps drive growth, says report
A developing demand for premium products such as those
made with alternative ingredients is keeping the UK crisps
market on a steady 2.5 per cent growth rate, Mintel says
in a new report.
Pepsi pricing plan maintains confidence
The Pepsi Bottling Group (PBG) increased sales by seven
per cent to $3.4bn for the three month period ending 16 June,
the company said yesterday.
Own brand confectionery grows across European markets
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
Business tycoon eats 45 per cent share of Israeli food company
The owners of Israeli food giant
Willi-Foods announced yesterday that they will sell
45 per cent of the company to international businessman
Arcadi Gaydamak for $40.5m (€30.1m).
Remy Cointreau restructuring plan pays dividends
Remy Cointreau today posted a 3.8 per
cent organic growth in turnover to €785.9m for the
financial year ended 31 March as the company's ongoing
reorganisation begins to be felt.
Danisco blames revenue dip on EU sugar reform
Danisco suffered a 3 per cent drop in revenue in the 12 months to
30 April, blaming the fall on the EU's decision to cut subsidies
Food and drink counterfeit seizures fall
The amount of counterfeit food and drink products seized at the
EU's borders decreased by 77 per cent in 2006, the European
Commission said yesterday.
Unilever gains defy expansion costs
Unilever yesterday said it achieved underlying sales growth of
5.4 per cent to €9.5bn during the first quarter, while
continuing to restructure in a drive to make its food
operations more profitable.
PepsiCo feasts on snack growth for first quarter gains
Beverage giant PepsiCo has increased sales by about nine per cent
to $7.4bn (€5.3bn) during a strong first quarter for the year, as
it continues to expand its global operations, particularly through
its snack and potato chip lines.
Late lager surge boosts SABMiller
Higher growth across several beer markets in SABMiller's final
quarter has boosted the brewer's full year performance.