Dairy 100 - Articles - Page 2

The 2016 Dairy 100 go shopping

Though some dairies saw sales fall last year, others reported increases. As they looked at the long-term prospects of the industry, businesses opened their checkbooks to acquire companies and to expand their processing capabilities.

James Carper

August 17, 2016

Just as Dairy Foods was wrapping up its research into the 100 largest dairy processors in North America, the French dairy giant Danone announced it was buying Colorado-based WhiteWave Foods, a processor of organic dairy and plant-based beverages.

Annual report

Dairy processor Dean Foods reports 2015 profit despite net sales decline of $1.4 billion

The company bought an ice cream plant in Utah in the fourth quarter of 2015.

February 22, 2016

Dairy processor Dean Foods Co. said adjusted net sales in 2015 fell to $8.1 billion from $9.5 billion in 2014. Net income was $115.3 million in 2015.

Earnings report

Yoplait shows gains in volume, sales and market share in Q1

While net sales for General Mills' U.S. Retail segment dipped 5% from the prior year, the Snacks, Yoplait and Small Planet Foods divisions achieved net sales gains.

September 17, 2014

"In U.S. Retail, our Yoplait yogurt business returned to growth, with volume, sales, and market share gains,” said General Mills Chairman and Chief Executive Officer Ken Powell in a statement today.

The Dairy 100

Enhanced Dairy 100 report links companies to websites, annual reports

Clicking on the company name takes you to that dairy processor’s website. Annual reports and financial information for public companies are one click away.

August 15, 2014

Dairy Foods has enhanced its 2014 report of the largest dairy processors. Visitors to the 2014 Dairy 100 can link to company websites directly from the listing. We have also provided links to annual reports and other financial information for publicly held dairy processors.

Processors from Europe, Canada, USA hold top spots on Dairy 100

James Carper

August 5, 2014

Nestlé (based in Switzerland), Saputo (Canada) and Dean Foods (Dallas) are the three largest dairy processors in North America, according to the 21st annual Dairy 100.

Hello, neighbor

Agropur’s buying spree continues with the purchase of Davisco

This transaction will double Agropur's U.S. processing operations and will increase its global milk intake by 50%.

July 22, 2014

Agropur, Canada's largest dairy cooperative, is acquiring Davisco Foods International, a U.S.-based cheese and dairy ingredients company.

Investor news

Sales of dairy ingredients, butter set record at Land O'Lakes

Dairy sales also rose at Nestle, Arla and Kraft.

February 26, 2014

Land O'Lakes Inc., Arden Hills, Minn., said that its Dairy Foods business segment in 2013 generated record pretax earnings of $75 million on sales of $4.5 billion, up 8% from 2012. The results were driven by improved margins on milk powders and butter in Global Dairy Ingredients along with records in sales volume and earnings in the Retail Foods and Foodservice businesses.

Corporate earnings

Q2 cheese revenues rise at Kraft; net revenues for the company down 1.1%

In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta

August 1, 2013

Kraft Foods Group, Inc. Northfield, Ill., reported today that net revenues in the second quarter declined 1.1% to $4.7 billion and that operating income increased 53.5% to $1.4 billion in the period. In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta.

Quarterly earnings

Natural cheeses, Velveeta star in Kraft Foods Group's Q1 results

The company saw "significant consumption growth" in its natural cheeses and Velveeta business in the first three months of the year.

May 2, 2013

"We're off to a solid start," said Tony Vernon, CEO of Kraft. "Our first quarter results reflect strong returns on our new product innovations to date, as well as the fact that our cost savings outpaced our plans to reinvest in our brands."

Construction

Darigold completes construction of plant dryer in Lynden, Wash.

Darigold exports two thirds of its milk powder production and three-quarters of its whey products.

April 20, 2013

Seattle-based Darigold, the marketing and processing subsidiary of the Northwest Dairy Association, announced the completion of its new milk powder dryer at its Lynden, Wash., processing plant. A fire destroyed the dryer in February 2012.