Smurfit Westrock Downgrades Full-Year Profit Guidance On Freight Costs
Smurfit Westrock cuts its full-year profit forecast as higher freight costs are expected to persist for the rest of the year.
Corporate
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ADM Lifts 2026 Profit Forecast On Strong Margins, Favourable Biofuels Outlook
Archer-Daniels-Midland raised its 2026 profit outlook as it beat Wall Street estimates for second-quarter earnings.
Colruyt Group finds final destinations for all acquired Match & Smatch stores
All 54 Match and Smatch stores acquired by Colruyt Group have found their final destination following an intensive two-and-a-half-year process. However, for some of these…
Slight decline in revenue at Bonduelle due to a downturn in the United States
Bonduelle saw a slight decline in revenue during its most recent fiscal year: strong performance in Europe and Asia was offset by disappointing sales in the United States. Profits…
Ball Corp Beats Quarterly Estimates On Steady Demand For Its Aluminum Cans
Ball Corp beat Wall Street estimates for second-quarter revenue and profit, supported by resilient demand for its beverage cans.
Kimberly-Clark Cuts Annual Forecasts As China Disruption Weighs On Diaper Sales
Kimberly-Clark cut its annual sales and profit forecasts, citing a significant hit to second-quarter sales in China.
BellRing Brands cuts earnings forecast amid inventory issues
BellRing Brands has lowered its forecast for a key earnings metric amid inventory and ingredient issues. The post BellRing Brands cuts earnings forecast amid inventory issues…
Vandemoortele buys US baker Banneton outright
Belgium-based Vandemoortele has taken full ownership of US bakery peer Banneton by acquiring the remaining stake in the business. The post Vandemoortele buys US baker Banneton…
2 Sisters Food Group lines up job cuts at UK ready-meals factory
2 Sisters Food Group is lining up job cuts at a UK ready-meals factory under a restructuring exercise, with 80 positions at risk. The post 2 Sisters Food Group lines up job cuts…
Union says Diageo ‘steam-rolling’ through job cuts
GMB Scotland has accused Diageo of refusing to engage with workers and ease the impact of job losses at its Scotch distilleries The post Union says Diageo ‘steam-rolling’ through…
CCEP posts solid first-half performance
Coca-Cola Europacific Partners has seen operating profit increasing by 6.1 per cent to £8.6bn year-on-year. The company’s revenue went up by 4.4 per cent to around £9.2bn, driven…
UK retail investment volumes hit £1bn in H126
Shopping centre and high street transactions resilient despite geopolitical uncertainty and persistent inflation