Kers: 'Our strategy is gaining momentum'

Food giant reaps rewards from turnaround strategy

By Rod Addy

2 Sisters Food Group is benefiting from parent company Boparan Holdings’ turnaround plan, as it reports its first like-for-like quarterly pre-tax profit for two-and-a-half years.

Russian pig profitability drops

Russian pig profitability drops

By Vladislav Vorotnikov

Average profitability in the Russian pig industry has been falling over the past few years, resulting in some bankruptcies in the industry and scaring investors away from building new pig farms.

Labour costs hit Ukrainian processor

Rising labour costs damage MHP’s revenue

By David Challis

Ukrainian processor MHP’s increased revenue and production levels have been tainted by rising labour and administrative costs, which have damaged the company's profits during the first quarter.

Picture: Beyond Meat

Beyond Meat Q1 revenues slightly ahead of guidance

By Elaine Watson

Revenues at plant-based meat brand Beyond Meat tripled in Q1 2019 vs Q1 2018, surging 215% to $40.2m, slightly ahead of guidance provided in its IPO filings, primarily driven by growth of the ‘cook from raw’ Beyond Burger in foodservice and retail channels....

Croatian meat business invests in expanding capacities

Croatian meat business invests in expanding capacities

By Jaroslaw Adamowski

Croatian meat producer and processor Vajda has invested more than HRK 50 million (€6.8m) in modernising and increasing its production capacities in Čakovec, in the country’s northern region.

Australian Agricultural Company suffers $100m hit

Australian Agricultural Company suffers $100m hit

By Aidan Fortune

Australian Agricultural Company (AACo), the country’s largest cattle producer, has suffered a AUS $100m hit due to the harsh weather conditions experienced at the start of 2019.