International Grocery News
Ahold Delhaize Buying Leading Romanian Grocery Retailer For €1.3bn
Ahold Delhaize has agreed a €1.3bn deal to acquire leading Romanian grocery retailer Profi Rom Food SRL (Profi) from private equity firm MidEuropa.
Profi operates...
Sanofi Eyeing Consumer Unit Spin Off
French pharmaceuticals group Sanofi saw its shares slide more than 15% this morning after it dropped its 2025 profit target under a plan that...
Key Brands Help Kenvue Deliver Growth Amid Soft Demand For Cold...
Kenvue, the consumer health business spun off from Johnson & Johnson earlier this year, has posted robust quarterly results, driven by the strength of...
Sales Growth Slows At Carrefour
Carrefour, one of Europe’s largest grocery retailers, has reported slightly weaker quarterly sales growth due to easing food price inflation and consumers cutting back...
Beiersdorf Raises Annual Sales Guidance After Maintaining Solid Growth Trend
Nivea maker Beiersdorf has upped its full-year sales guidance after seeing “significant growth momentum” in the third quarter, which further accelerated the company’s performance...
Heineken Keeps Full-Year Forecast Despite Weaker Demand For Its Beer
Shares in Heineken climbed over 2% this morning after the brewing giant retained its full-year outlook despite selling less beer.
The maker of Europe’s top-selling...
Coca-Cola Plays Down Impact Of Weight Loss Treatments
Following recent suggestions that new obesity treatments could impact food and drink sales, Coca-Cola yesterday joined Nestlé in playing down such concerns, emphasising that...
Coca-Cola CEO: Marketing Acts As A ‘Motor’ To Drive Financial Results
Coca-Cola does not classify marketing spend as a “drag” on margins but rather part of its strategy to tap into growth opportunities, said its...
Coca-Cola Up Forecasts After Seeing Robust Demand Despite Price Hikes
Coca-Cola has raised its annual sales and profit forecasts for a second time this year after experiencing resilient consumer demand for its range of...
Kimberly-Clark Hikes Profit Target Again
Kimberly-Clark, the owner of brands such as Huggies and Andrex, has lifted its annual profit forecast for a third time this year after its...
