Nestle

Article Abstract:

Nestle benefited from a reduction in its tax charge and lower rates of interest which helped offset its operating performance in 1st half 1996. The company has also benefited from increased stability in coffee prices but has had to spend more on marketing. European markets have matured so an increase in volume sales means spending more on advertising and innovation. There was very strong growth for eastern and central Europe, according to Nestle, which forecasts sales of some 60 billion Swiss francs for full-year 1996.

Roasted coffee, Processed Coffee, Coffee and Tea Manufacturing, Nestle S.A., Coffee (Beverage)

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WT Foods

Article Abstract:

WT Foods focuses on specialist foods to a range of clients from caterers to wholesalers to multiple retailers. The company aims to grow organically, though it is also making selective acquisitions such as Chadha Oriental Foods. Noon Foods, a producer of chilled Indian meals, is a major acquisition with good potential. The company plans expansion in mainland Europe, and has expansion opportunities in the United Kingdom, where ethnic foods represent a growing market.

Ethnic Foods, WT Foods

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Ahold

Article Abstract:

Ahold is a defensive stock in the food industry and should benefit from international growth, though the company has a large debt level.

Koninklijke Ahold N.V.

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