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May 2010 Entries

First Page: Fromageries Bel SA sales up 6.3% in Q1 2010 (France)

May 13 2010 - In the first quarter of 2010, Bel Group consolidated sales advanced 6.3% to €551 million. The increase resulted primarily from organic growth of 7.7%, in line with the uptrend observed in the last quarter of 2009. Read more [FoodBizDaily]

First Page: South African Breweries Limited (SAB) invests in supporting 2010 World Cup

May 11 2010 - The South African Breweries Limited (SAB) has shown a strong commitment to supporting the upcoming FIFA Soccer World Cup, having invested an estimated R170-million to ensure the event is a world class spectacle. Read more [FoodBizDaily]

First Page: Beef and Pork segments drive Tyson Foods positive results in Q2

May 10 2010 - According to Donnie Smith, president and chief executive officer of Tyson Foods the beef and pork segments were the main drivers of growth in Q2.   Read more [FoodBizDaily]

First Page: Morrisons feels the impact of slowdown in Q1

May 06 2010 - Morrisons saw sales growth slow in the first quarter of the year but claims it continued to outpace the market. In the 13 weeks to 2 May, total sales excluding VAT and fuel were up by 5.9%. Read more [FoodBizDaily]

First Page: AmBev profits up 3.9% in Q1 (Brazil)

May 05 2010 - Cia. de Bebidas das Americas, Latin America’s largest brewer, said first-quarter profit rose 3.9 percent as an increase in disposable income boosted Brazilian beer and soft drink sales. Read more [FoodBizDaily]

First Page: Bolland takes the reins at M&S (UK)

May 04 2010 - Marc Bolland has stepped into his new role as chief executive of Marks and Spencer amid widespread talk of the shape the retailer will take under his leadership. Read more [FoodBizDaily]

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