Nat Foods&#39; growth prospects &#39;limited&#39;
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New Zealand dairy group Fonterra said today that takeover target National Foods had limited growth prospects. Fonterra&#39;s head of strategy and chief financial officer, Graham Stuart, said National Foods&#39; growth
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Australia&#39;s biggest supplier of fresh milk, National Foods, has posted a net profit of $68.7 million, an increase of 14 per cent on last financial year.
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Spice manufacturer McCormick & Co. Inc.   MKC.N on Wednesday posted earnings that beat analysts'   expectations, helped by strong sales of new products and ethnic   foods.
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The restaurant chain continues to grow, and recently ramped its growth ambitions.
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The world's largest food group, Nestle,  reports a 13.8% growth in profits, boosted by its nutrition business.
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Natural and organic foods retailer  Wild Oats Markets Inc. OATS.O and Pathmark Stores Inc.  PTMK.O both warned on Monday that their full-year results  would miss Wall Street forecasts because profit margins were  being squeezed by aggressive price cuts.
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Growth at Nokia Corp.&#39;s (NYSE: NOK - message board) Networks division continues to keep company net sales afloat, with the Finnish vendor today predicting healthy times ahead for the cellular infrastructure market.
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Tesco sees further sales growth and says business is "looking good" going into the crucial Christmas trading period.
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It's on track to meet sales targets, but profits might not keep pace.
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Growth prospects plus good operations equals opportunity.
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MELBOURNE (Dow Jones)--Australian dairy company National Foods Ltd. (NFD.AU) reported Friday a net profit of A$68.7 million for the year ended June 30, up 14% from A$60.
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MELBOURNE (Dow Jones)--New Zealand dairy company Fonterra Cooperative Group Ltd. (FCO.YY) will provide critical business analysis of takeover target National Foods Ltd.
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Union unrest may cut into the supermarket chain's growth plans.
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DAIRY company National Foods expects continuing growth after today reporting a 14 per cent rise in net profit to $68.66 million for 2003/04.
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Ireland's functional foods industry has been slated for major growth under a government-backed development programme announced last week.
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Coca-Cola Co.  Chief Executive E. Neville Isdell on Thursday reiterated that the soft drink maker expects solid long-term growth in revenue and volume and high-single-digit growth in earnings per share despite "strong headwinds" in North America.
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MELBOURNE (Dow Jones)--Australian dairy company National Foods Ltd. (NFD.AU) said Friday that it plans to launch at least 80 new products over the next 12 months, compared with the annual average of less than 20.