Revenue

JBS' USA pork operation saw revenue growth as a result of higher average selling prices

JBS sees net income rocket

By Georgi Gyton

JBS has reported a 32% increase in net income, to R$29bn, for the second quarter of 2014, compared to the same period last year.

Tony Vernon: 'In some ways, we have to unlearn what we believed to work in the past'

Kraft: 'We have to unlearn what we believed to work in the past'

The food industry is caught up in a promotional trap, says Kraft CEO: ‘All of us have to realize it’s not the long-term way to run a business’

By Elaine Watson

Trade spending is not delivering in the way that it used to, and if the food industry wants to deliver profitable growth, it needs to reallocate resources into bigger and better innovations and brand-building - which “requires discipline”, says Kraft...

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