The Eckes-Granini Group GmbH closed business year 2011 (ending on 31 Dec) with slight gains in turnover and volume sales.
In a fruit beverage market characterised by declining volume sales (- 2.4%) and rising (+ 4.6%) turnover (data from 14 core countries, retail food trade), the Eckes-Granini Group maintained a nearly constant market share of 11.8% in 2011 (2010: 12.0%) and remained among the leading fruit juice producers in Europe.
Net turnover rose from 2010 by 4.3% to €888m (2010: €852m). In its core market for fruit beverages (excluding bottled water distribution in Hungary), the Group recorded a 4.6% gain in turnover to €870m (2010: €831m). Total volume sales also rose by 1.1% to 1.072 billion litres overall and by 2.0% to 958 million litres (2010: 939 million litres) in the core fruit beverage market.
Dairy Crest has slumped to a £10.1m loss after an ‘unsatisfactory’ year at its milk division. Its flagship supermarket food brands grew sales by 11% in the year to 31 March, but the dairies arm saw profits cut by more than half to £10.2m.
With Dairy Crest slashing the value of the dairy business and taking a charge for the closure of two bottling plants, the company plunged to a bottom-line loss from a profit of £77.8m a year earlier. Stripping out one-off factors, adjusted profits were flat at £87.4m.
Treatt PLC announced its half-year results for the six months ended 31 March 2012.
Campbell Soup Company has reported its results for the third quarter of fiscal 2012.
Marks & Spencer performed well in a ‘challenging economic environment’ and made ‘good progress’ in delivering its strategy.
© FoodBev Media Ltd 2024