Kraft Foods shows strong performance in European chocolate and snacks
Kraft Foods has announced improved turnover in its third quarter results, boosted by enhanced sales in Europe and developing markets.
Archives for November 3, 2011
Europe leads decline as Kellogg’s profits slump 14%
Cereal giant Kellogg has announced a 14% fall in profits in its third quarter (Q3) results as a consequence of poor performance in Europe led by the United Kingdom.
Icelandic Group seeks more sell-offs as High Liner confirms interest in US and Asian ops
High Liner Foods has confirmed it is in negotiations to buy the US and Asian processing operations of Icelandic Group – as the European company seeks to further streamline its business.
Emerging markets food production demand provides strong growth - SPX
Increased demand for food production technology from emerging markets such as China and Eastern Europe has led to continued “strong revenue growth” for engineering giant SPX in the third quarter of 2011.