Page 6 - Britannia

Britannia factories running at 25% capacity utilisation amid lockdown

The company is holding an inventory of up to 11 days which is witnessing a depletion for the past one week

Britannia urges govt to issue permits for food processing supply chain

Necessary permits need to be immediately issued to all of them, said Britannia Industries MD Varun Berry.

Hindustan Unilever, Nestle share top spot among 16 firms on nutrition index

FMCG majors HUL and Nestle have been jointly ranked first in the industry for their approach to nutrition in the 'India Access to Nutrition Spotlight Index'. They were followed by food and beverages major PepsiCo India, Britannia Industries and Coca-Cola India. The index is published by Access to Nutrition Index (ATNI) and hosted by Access to Nutrition Foundation, an international not-for-profit organisation. ATNI report is published once in every three years and this is the second edition of India Spotlight Index. India was selected as a spotlight country as it has a rapidly developing food and beverages sector, a statement said. The initiative is supported by the Bill & Melinda Gates Foundation and the governments of the UK and the Netherlands. This season, 16 largest companies in India's food and beverage sector were assessed with the aim to encourage these companies to improve their nutrition practices, it added. The other companies were Amul, Mondelez India, Mother Dairy, ..

Why Oreo rewired its narrative from a playful to a purpose-driven one

Mondelez pushes its biscuit brand out of the playpen, looks for a more meaningful association with consumers

A tale of two companies: Britannia, Nestle draw up contrasting strategies

Bengaluru company is scaling down initiatives & Gurugram firm is aggressive

High cost inflation, weak domestic revenue may hurt Nestle's topline growth

Domestic sales grew by 10 per cent in Q4, but gross margin contracted by 217 basis point to a 10-quarter low of 56.5 per cent

Consumption slowdown bites into Britannia's new product launch plans

The Good Day biscuit maker is hoping to take the croissant offers, which it is currently fine-tuning, pan-Indian by May-June this year and salted snacks in the next six months

Britannia's Q3 far from crunchy, low consumer sentiment pull numbers down

While strategic initiatives helped improve profit margins, the 2-4 per cent volume and revenue growth was below expectations

Dabur, Nestle and Britannia: FMCG on course for Nifty inclusion hat-trick

The inclusion of consumer stocks comes at a time when valuations in the space have reached record levels

FMCG companies' Q3 volume growth may be slowest in ten quarters

Delayed winter, disruption in traditional trade channel, weak rural demand led to low product offtake

BNP sees second-order boost on corporate tax cut, tweaks stock picks

The surprise tax rate cut came after economic growth in the April-June quarter slumped to its lowest level in six years, hitting the nation's smaller stocks the hardest

Britannia veteran Ali Harris Shere steps down as marketing head, joins ITC

He joins ITC with over two decades of experience in the field of sales and marketing

ITC standing out in a cluttered FMCG market with focus on quality

ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation

Flavoured milk shakes up market; Britannia, Cavin's, Amul get aggressive

All these companies are relying on innovation, launches, and competitive pricing

Britannia back on investors' radar after sharp correction in past 3 months

Improving demand for cookies, intact structural growth story and attractive valuation augur well for the stock

Britannia Industries stock rises 6.2% as investors cheered growth plans

Intra-day, Britannia's stock price rose as much as 7.5 per cent, closing trade at Rs 2,678.8 a share

Nestle, PepsiCo, Britannia to set up manufacturing plants despite slowdown

Nestle derives around a quarter of its annual sales from rural areas and has been working on improving this number via a distribution and manufacturing push

Biscuits to soaps, slowdown pain for FMCG companies comes in small packs

Adi Godrej and ITC Chairman Sanjiv Puri were in Delhi this month to meet Finance Minister Nirmala Sitharaman as part of an outreach programme to tackle the slowdown

Britannia to increase prices 'marginally', optimise cost to beat slowdown

The FMCG major said slowdown had been witnessed in the last five to six months and the period till January would 'not be easy'

Britannia to scale up milk sourcing across India, boost dairy business

The company has 25-30 milk centres in Maharashtra that collect up to 25,000 litres of milk daily