Japan’s Asahi Group Holdings sees net income for the first nine months of 2011 climb 36.5% to ¥35.94bn, despite a 2.7% decline in net sales to ¥1.07tn.
China’s Tsingtao Brewery reports an 11.4% rise in net profit for the first nine months of 2011 to Yuan 1.66bn, boosted by a 17% rise in net sales to Yuan 18.89bn.
Naturex posts a 12.1% increase in turnover to €191.2m for the first nine months of 2011, with food & beverage division sales up 14.3% to €117.2m.
Tata Global Beverages records a 49.1% increase in Q2 2011/12 consolidated net profit to Rupees 769.5m, with net sales up 11.3% to Rupees 16.12bn.
DSM posts a 14% rise in Q3 2011 net sales to €2.32bn and a 37% increase in operating profit to €231m, with nutrition division net sales up 16% to €868m.
Sapporo Holdings sees net income for the first nine months of 2011 fall 82.9% to ¥573m, despite a 14.2% rise in net sales to ¥324.4bn, due to the impact of the March earthquake and tsunami.
Podravka reports a 22% increase in net profit to HRK 100.4m and a 4% increase in sales for the first nine months of 2011.
United Breweries records an 11% decline in Q2 2011 net profit to Rupees 195.2m, in spite of a 30% rise in net revenue to Rupees 7.33bn.
Milk Link has published its 2011 half-year trading update which reports that the business performed in line with expectations in the first six months of the financial year despite a ‘challenging economic and trading environment’. Looking forward, the business expects its full year financial performance for 2011/12 to be in line with its budget and ahead, on a like for like basis, of last year. Turnover £311.8m, up £28.8m.
The Manitowoc Company reports sales of $935.4m for the third quarter of 2011, an increase of 15.9% compared to sales of $807.1m in the third quarter of 2010. The sales increase was driven by a 20.7% increase in Crane segment sales, coupled with a 10.2% increase in foodservice segment sales.
Papa John’s announces third quarter results: EPS increased 37.5% over prior year pro forma results on strong comparable sales of 5.3% for North America and 4.7% for international.
Peet’s Coffee & Tea reports net revenue growth of 14% for the quarter, and third quarter diluted earnings per share of $0.11 and non-GAAP diluted earnings per share of $0.28.
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