Keyword » growth

Container traffic growth defies expectations

Port congestion in China has highlighted an unexpected upturn in world container traffic, which has grown robustly in the first quarter this year. In 2015-16, the average quarterly rate of growth for loaded container traffic was 2.3%, however provisional trade lane data from Container Trades Statistics (CTS) indicates that global container traffic may have surged by as much as 10%. 

Container traffic growth defies expectations

Port congestion in China has highlighted an unexpected upturn in world container traffic, which has grown robustly in the first quarter this year.

Online, discounters and c-stores to drive retail growth

Online retail, discounters and convenience stores are set to drive grocery retail growth in the next five years, according to grocery think-tank IGD. 

Positive year for Cranswick with strong revenue growth

Processor Cranswick has reported a healthy year, with revenue and profit both seeing double-digit growth. 

Fresh poultry sales drive growth for Moy Park

Four months of business development has lead to strong volume growth for poultry processor Moy Park. 

Despite some challenges, fish shows little sign of scaling back

Britain's fishing industry may feel it is having a tricky time as its shipping fleet and numbers of able-bodied fishermen are in decline.

Sainsbury’s performance slips despite online and convenience growth

Sainsbury’s like-for-like sales fell slightly over the past full year, as did pre-tax profit, despite growth in online and convenience grocery channels and a non-food boost from its Argos acquisition highlighted by CEO Mike Coupe. 

After a lengthy period of huge increase, are there still growth opportunities for burgers?

Traditional burgers are as likely to be found on sale in most butchers’ shops as sausages. They are almost a staple on the shopping list for some. Yet sales in the UK and the US are under pressure after several years of booming growth.

Hilton Food grows revenue and profit in 2016

Strong volume growth in the UK has helped Hilton Food Group to a successful 2016. 

Premium meat and fish lines win big over Christmas

Premium cooked meats and fish were big winners at major retailers’ tills this Christmas, according to the latest Kantar Worldpanel data.

Volume sales of fresh meat on the rise but value slides

Volume sales of beef, chicken and turkey continue to see volume sales growth but are struggling in value terms. 

Moy Park saw a volume sales rise

Volume growth drives Moy Park sales in second quarter

Processor Moy Park has seen a steady second quarter of the year, with any positive sales figures being driven by volume growth. 

Shropshire abattoir boosts treatment capacity to deal with increased business

Euro Quality Lambs (EQL) is boosting its wastewater treatment capacity at its abattoir in Craven Arms, Shropshire, to help deal with the company’s growth. 

Warm weather boosts meat sales

An early May heatwave has lead to a growth in meat sales as British shoppers fired up the barbecues. 

Global opportunities to be discussed at AHDB industry conference

The Agriculture and Horticulture Development Board (AHDB) is to highlight international markets and innovation for growth at the 12th AHDB Meat Export Conference. 

Better before bigger strategy begins to pay off for 2 Sisters

Boparan Holdings, parent company of 2 Sisters Food Group, has reported a modest growth in sales for the second quarter of the year as its ‘Better before bigger’ strategy begins to pay dividends. 

Poultry feature: Ruffled feathers

A drop in feed prices, the threat of bird flu and increased retail competition are all hitting the UK’s poultry sector, yet long-term growth is still on the cards.

Carr’s Group to continue UK investment

Agricultural and food business Carr’s Group has set out growth plans for its UK and global divisions following its full-year results. 

Meat sees value and volume sales growth

Fresh meat, processed meat and cooked meat are all in growth, according to the latest meat, fish and poultry (MFP) figures from Kantar Worldpanel, published for the 12 weeks ending 11 October 2015. 

Eurostock sees strong year

Eurostock Food Group has reported a mammoth 176% growth in profit. 

Scottish meat processor reports healthy performance

Scottish food processor Campbells Prime Meat has posted a strong set of financial results for 2014, with sales and profits in healthy growth. 

Butchery firm reports good results and outlines growth plan

Crawshaws Butchers saw sales rise 17% in the year ending 31 January 2015, helped by a new site opening.

Aldi overtakes Waitrose to become sixth-largest UK retailer

Aldi has become Britain’s sixth-largest supermarket, fuelled by over half a million new shoppers and a 7% increase in basket size.

Dawn Meats celebrates 10th anniversary of Welsh site

Irish meat supplier Dawn Meats is celebrating the 10th anniversary of its Cross Hands site in Carmarthenshire, Wales.

Beef bucks flat meat export trend

Exports of meat and animal products in 2014 were broadly flat on the previous year, but beef was up by 6%, with only salmon, chocolate and cheese ahead of it among top export product categories.

Valentine’s Day boosts meat despite deflation

Most meat categories enjoyed a Valentine’s Day boost to sales, according to the latest data from Kantar Worldpanel, but continued to be hit by deflationary pressures.

Devro’s profits suffer following restructuring

Profits for sausage casings manufacturer Devro have dropped by 94% for the 2014 financial year, following a year of restructuring.

Kerry reports upbeat performance

Kerry Food Group has posted positive results for the 2014 financial year in what it has described as a rapidly changing environment.

Steady growth for sheepmeat, says QMS

Global sheep production is showing steady growth, but it is not likely to hit the peaks seen in 2007, Quality Meat Scotland’s Stuart Ashworth told delegates to the Outlook conference.

Huge opportunities in Asian grocery markets

Asia’s growing demand for meat and its evolving grocery market offer huge opportunities for UK exporters, delegates at the AHDB Outlook conference were told this week.

Tesco back in growth, although market share falls

Tesco has returned to growth for the first time in over a year, according to the latest market research by analyst Kantar Worldpanel.

Faccenda Foods sees profits rise for fourth consecutive year

Faccenda Foods has reported an increase in profits for the fourth year running.

Irish report positive performance for exports

Bord Bía, the Irish food board, has announced that exports in 2014 rose by 4% to reach a record high of €10.5 billion.

Hilton Food reports business as expected

Hilton Food Group has said trading is “in line with expectations” in a statement for the year ending 28 December 2014, despite European markets being “subdued”.

Tesco announces store closures despite better results

Despite reporting better-than-expected sales results, Tesco has announced it will close 43 unprofitable stores across the country.

Poultry body presents 2020 Vision

The British Poultry Council (BPC) has released its manifesto, laying out its ‘2020 Vision’, as well as its calls for government assistance in ensuring the “continuing success of the British poultry meat industry”.

Meat companies make fastest-growth list

Northern Irish meat firm Finnebrogue and chicken firm Benson Park have been listed as two of the fastest-growing companies in the UK.

Tulip snaps up charcuterie firm

Tulip has purchased a Bristol-based charcuterie business, Castellano’s Charcuterie.

Hilton Food Group reports strong volume growth

Lower material costs and currency exchange rates are impacting Hilton Food Group despite reporting a strong financial performance.

Soil Association claims success for organic campaign

The Soil Association has claimed its Organic September campaign caused a ‘boom’ in the organics market, causing growth of 3.6% during the month.

Slowest growth ever for supermarket sales

“Intense competition” and zero price inflation mean supermarket sales are growing at the slowest rate ever recorded, according to recent figures from Kantar Worldpanel.

Butchery Excellence Scheme could save members thousands

A Northern Irish food consulting firm has launched a new scheme for butchers, which aims to help them save up to £2,000.

Red meat improves health of elderly, says research

Research carried out by Deakin University, Australia, said that eating red meat three to four times a week could be key to keeping body and mind in peak condition as we age.

Positive growth for sheep meat exports

Exports of UK sheep meat were valued at £183.9 million for the first half of 2014, reported Eblex.

Kerry Group announces positive results

The Kerry Group have reported a solid financial performance for the half year ending June 2014.

Cranswick reports "strong growth"

Cranswick PLC has released its first quarter (Q1) results showing “strong growth”, with total sales up 14%.

Export conference highlights opportunities for future growth

Opportunities for market growth and insights into the performance of the red meat sector were discussed at the Eblex Export Conference which took place this week (25 June).

2 Sisters reports strong Q3 results

Boparan Holdings, the holding company for 2 Sisters Food Group, has released its third-quarter (Q3) results, showing strong growth.

Cranswick surpasses expectations with 12% sales rise

British meat producer Cranswick has had a strong year with 12% revenue growth, higher than analysts expected.

Revenue up 9.1% at Hilton Food Group

Hilton Food Group announced a 9.1% increase in revenue this year, along with a 2% increase in volume growth.

Meat fares well in annual export data

UK lamb was in the top 10 performing export product categories, with growth of 8%, to £383m, during 2013, according to the Food and Drink Federation’s (FDF) annual export figures.

Growth in meat market hides decline in consumption

A gradual decline in the consumption of meat products has been disguised by rising costs and the impact of inflation, according to a new report from Key Note.

Organic meat, poultry and fish are on the up

Sales of organic meat, poultry and fish increased by 2.2% in 2013, as the Soil Association announced the first growth in the total organic market for four years.

Kerry Group achieves ‘good underlying growth’ in 2013

Kerry Foods Group has revealed figures showing a solid financial performance in 2013.

Bpex workshop looks at reducing pig feed costs

Reducing feed costs in the pig meat sector was one of the topics discussed in a live online workshop run by Bpex this week.

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