Food and Beverages

Spotless buys ACG security business

Spotless acquisition will be immediately EPS accretive, funded via cash resources.

Coca-Cola Amatil eyes Indonesia

by AAP
Coca-Cola will invest $US500m in CCA Indonesia to aid CCA's Indonesian expansion.

A dairy gold mine that's not for sale

The growth potential of Bulla Dairy Foods is plain to see, though any attempted acquisition would get short shrift from the families that own it.

A long-life hit to dairy prices?

While many expected the local dairy industry to milk record profits from the Chinese market, not all has gone to plan.

Domino's flags 25% FY15 profit jump

Pizza chain upgrades profit and earnings guidance by 25% year-on-year, confirms 200 new stores.

Coca-Cola Amatil confirms 57 job cuts

Coca-Cola closes Bayswater facility, cutting 57 jobs in the move to Melbourne facility.

Bega expects FY profit in line with FY14

Dairy giant sees FY15 normalised profit around $42m, strong balance sheet supporting expansion.

The best of this week's The Ticker

How Abbott is cutting more than red tape, two graphs on the NBN’s growth challenges and why comparison sites are Medibank’s next greatest threat.

Retail Food pays $163.5m for Gloria Jeans

Food franchiser enters purchase agreement with Gloria Jeans, revises FY15 NPAT guidance up to 36%.

Unilever posts fall in Q3 profit

by AFP
Dutch food and cosmetics giant hit by lower sales in China.

McDonald’s China challenge: rising competition

No longer the only Western chain in town, US fast-food chain struggles to keep up.

Analyst slashes CCA outlook

Retail analyst David Errington cuts earnings forecast by almost 25% on assessment of challenges ahead.

Heineken's profit falls in Q3

Brewing giant's result hit by lower European sales.

Aussie beef boost for China's soccer team

by AAP
Could Australian cows help end China's national embarrassment on the soccer field?

McDonald's Q3 earnings plunge 30%

Fast food giant hit hard by US, China woes; says challenges 'more formidable than expected'.

Coca Cola to cut costs, earnings fall in Q3

Beverage giant unveils broad cost-cutting plan, plans $US3 billion in annual savings.

FIRB clears Goodman Fielder takeover

Focus will now shift to China, where First Pacific/Wilmar's $1.9bn takeover offer needs approval.

Why the ACCC is hounding Coles

With self-regulation on the horizon, the ACCC knows it may have limited time to show why it thinks the supermarket giants are treating suppliers too harshly.

Coles will be vindicated in ACCC action: McLeod

Former Coles boss Ian McLeod defends supermarket in face of fresh consumer watchdog allegations.

Cocoa industry fears Ebola

Global confectionery groups invest in prevention efforts.