26-Jun-2019

The high flight of Beyond Meat has ended for the time being - at least at the stock exchange. The US company with the coveted vegan burgers once again suffered heavy price losses at the beginning of the week, and the share was trading weaker for the fifth day in a row. Although the company value ...

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28-Mar-2019

Südzucker AG (SUEZF.PK) reported that preliminary Group operating result for financial year 2018/19 decreased to about 25 million euros from the previous year's 445 million euros. The earnings decrease was caused especially by the sugar segment. Group revenues declined to 6.75 billion euros from ...

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Acquisition of 70 percent majority stake in Australian sugar producer Mackay Sugar

12-Feb-2019

Nordzucker and Mackay Sugar Limited have contractually agreed that Nordzucker will acquire a 70 per cent majority stake in Australia's second-largest sugar producer. Nordzucker is thus building up production capacities outside Europe and consistently pursuing its strategy of focusing on sugar ...

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08-Jun-2018

United Natural Foods (UNFI) released earnings for its third quarter that climbed from last year.The company's bottom line came in at $51.89 million, or $1.02 per share. This compares with $36.59 million, or $0.72 per share, in last year's third quarter.Analysts had expected the company to earn ...

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27-Mar-2018

Saudi Arabia's National Agricultural Development Co., part owned by the sovereign wealth fund, will acquire Danone SA's venture in the country, according to reports. Nadec, as the company is known, will fund the acquisition of privately held Al Safi Danone through a capital increase of 536 ...

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20-Sep-2017

Multinational Mexican company Femsa announced that it completed the sale of a 5.24% stake in Grupo Heineken Group. The shares offering raised near 2.5 billion euros. The operation consisted of 22.485 billion shares of Heineken N.V., representing 3.90% of the issued capital at a price of totaling ...

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20-Jun-2017

Tesco plc reported Friday that its first-quarter sales grew 3.6% including a 2.9% positive foreign exchange translation effect. Total sales at constant exchange rates were up slightly less at 0.8%, as the year-on-year impact of selling Dobbies, Giraffe and Harris & Hoole more than offset store ...

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06-Jun-2017

German food delivery service Delivery Hero plans to raise 450 million euros (506 million dollars) in an initial public offering (IPO)in the coming months. Rocket Internet - Germany's main tech investor, which owns 36 per cent in the food delivery company - said in a statement that it aimed to ...

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27-Apr-2017

The Coca-Cola Company (KO) announced earnings for first quarter that decreased from last year. The company said its earnings totaled $1.88 billion, or $0.43 per share. This was lower than $1.99 billion, or $0.45 per share, in last year's first quarter. Analysts had expected the company to earn ...

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20-Mar-2017

Unilever’s portfolio of brands valued at $42.9 billion, more than double KraftHeinz Food brands experience a challenging year, with the top 4 all losing brand value Australia’s Devondale is the fastest growing food brand, up 35% year on year Every year, leading valuation and strategy consultancy ...

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