True World Foods cleared in Hawaii Hepatitis A outbreak Fri, 26 Aug 2016 09:43:00 Z Source: Food Business Review True World Foods, a major seafood distributor based in New Jersey, has been exonerated in the hepatitis A outbreak that has sickened more than 200 people in Hawaii this summer.
Food industry news of the week - Australia dairy sector probe, Unilever on Israel production, China's duties on US poultry to continue Fri, 26 Aug 2016 12:01:00 GMT Source: just-food.com The Australian government this week announced plans for an investigation into the country's dairy sector in the wake of price cuts from processing giants Fonterra and Murray Goulburn for the price they pay for milk. Unilever said it continues to manufacture in Israel as the business recovers from the revelation cereal contaminated with salmonella was shipped to retailers. The spat between China and the US over the trade in poultry products continued with Beijing set to continue its anti-subsidy duties on certain imports from the US.
Arla Foods points to branded growth as group sales decline Fri, 26 Aug 2016 09:17:00 GMT Source: just-food.com Arla Foods today (26 August) touted the strength of its branded products, pointing to a 6% rise in sales from that part of its portfolio, as the European dairy group announced a set of half-year results that showed its total revenue fell in the first six months of 2016.
Murray Goulburn on FY results, suppliers, product mix and savings - 7 things to learn Fri, 26 Aug 2016 14:29:00 GMT Source: just-food.com Embattled Australian milk processor Murray Goulburn reported its full-year results this week. The company, which part-listed on the Australian stock exchange to raise capital during the period, was rounding off a difficult 12 months. Over the past year, Murray Goulburn has cut payments to its farmer-owners and issued a series of profit warnings as it grappled with lower global commodity costs and an intensely competitive domestic consumer market. Controversy over Murray Goulburn's profitablity and the decision to list prompted CEO and managing director, Gary Helou, and its CFO, Brad Hingle, to resign from their positions in April. The group's much-anticipated financial update revealed lower sales but the firm managed to hit its revised profit target, which had been lowered earlier in the year.?Here are just-food's key takeaways from the update.