Lantmännen: announced first third 2019 results
Stockholm / SE. (lg) Lantmännen’s result after net financial items for the first four months of 2019 amounts to 335 million SEK – an increase compared with last year’s result of 293 million SEK for the same period. The effects of last summer’s drought continue to impact several of Lantmännen’s...
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Beyond Meat: Reports First Quarter 2019 Financial Results
El Segundo / CA. (bmi) Beyond Meat Inc., a leader in plant-based meat, reported financial results for its first quarter ended March 30, 2019. First quarter 2019 financial highlights compared to prior year period: Net revenues were USD 40.2 million, an increase of 215 percent; Net loss was USD 6.6...
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RBI: announces the first «Tim Hortons» units in Thailand
Oakville / CA. (rbi) «Tim Hortons» announced that it has entered into an exclusive master franchise and development agreement to develop the «Tim Hortons» brand in Thailand with WeEat Company, part of the Wattanavekin family group of companies. «We are very excited to grow the Tims brand in...
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Campbell Company: Reports Q3-2019 Results
Camden / NJ. (csc) Campbell Soup Company reported its third-quarter results for fiscal 2019. Highlights: Net Earnings Per Share (EPS) of USD 0.28; Adjusted Net EPS of USD 0.56 Net Sales from Continuing Operations Increased 16 Percent; Total Combined Net Sales of USD 2.388 Billion...
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Vandemoortele Group: Profit up 39 percent in FY-2018
Ghent / BE. (vg) In its financial year 2018 Belgium’s Vandemoortele Group realised a turnover of 1’414 million EUR (2017: 1’422). Vandemoortele N.V. succeeded in increasing its Rebitda to 130 million EUR (2017: 119) and its Rebit to 75 million EUR (2017: 63). Ebit grew from 52 to 68 million EUR, Ebitda...
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Aryzta AG: announces Q3-2019 Revenue Update
Zurich / CH. (aag) Swiss-Irish Aryzta AG announced financial results for the period ended 30 April (Q3/2019). The performance shows sequential improvement in terms of Group organic revenue, Aryzta said in its statement as follows. Q3/2019 Performance Overview Group reported revenue...
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ABF: announces joint venture with Wilmar International
London / UK. (abf) Food, ingredients and retail group Associated British Foods PLC (ABF) and Yihai Kerry Arawana Holdings Company, Limited, a subsidiary of Wilmar International Limited, have executed a binding term sheet setting out their intention to form a 50:50 joint venture in China...
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Godiva: completes Sale of Select Assets to MBK
New York / NY. (gc) Godiva Chocolatier, owned by Yildiz Holding, announced that effective immediately it has completed the sale of select Assets to MBK Partners as part of a global strategy to grow the «Godiva» business five-fold. The sale includes retail and distribution operations in Japan, South...
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Mondelēz: Completes Sale Of MEA Cheese Business To Arla
Deerfield / IL. (mdlz) Mondelez International announced it completed the sale of its Kraft-branded Cheese business in Middle East and Africa (MEA) to Arla Foods of Denmark. As previously announced, all Kraft-branded Cheese products in the MEA markets, as well as a Cheese manufacturing site...
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RBI: announces the first «Popeyes» units in Spain
Oakville / CA. (rbi) Popeyes Louisiana Kitchen Inc. announced an exciting new agreement to open Popeyes restaurants in Spain with the aim of becoming the market leader. «We have an ambitious long-term goal for RBI of reaching 40,000 restaurants over the next 8 to 10 years. Now we’re...
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