Wednesday, 22 February 2017

Exclusive: Number of Equipment Suppliers on the Rise at Fruit Logistica 2017

Exclusive: Number of Equipment Suppliers on the Ri...

  The number of companies which exhibit technical solutions and machines for vegetables and fruit...

Opportunity to Explore Automation at the European Cold Chain Conference

Opportunity to Explore Automation at the European ...

  The 20th European Cold Chain Conference, taking place in Brussels, Belgium (March 8-10) is an o...

New Ag International Academy Prepares Courses for 2017 and 2018

New Ag International Academy Prepares Courses for ...

  New Ag International has designed a 10-day program to prepare decision makers to contribute to ...

Potato South Africa Reveals Insights on the Regional Market

Potato South Africa Reveals Insights on the Regional Ma...

  The potato industry contributes 3% of the total gross agricultural product and 58% of total vegetabl...

Public Discussions on Use of “Healthy” Labeling

Public Discussions on Use of “Healthy” Labeling

  The U.S. Food and Drug Administration (FDA) has announced a public meeting to discuss the use of the...

Royal Cosun’s Growth Driven By Aviko

Royal Cosun’s Growth Driven By Aviko

  Royal Cosun, the parent company of Aviko, announces an increase in its profit for 2016 in comparison...

Online Platform to Optimize Potato Chips Package Choice

Online Platform to Optimize Potato Chips Package Choice

Bosch Packaging Technology has launched an online information platform featuring its value enhancing co...

Tomra Launches Customer Service Center in Istanbul

Tomra Launches Customer Service Center in Istanbul

  Tomra Sorting Food has launched its first customer service center in Istanbul, Turkey, to expand fur...

 SCOPE Receives EUR1m to Research Potato Crop Disease

SCOPE Receives EUR1m to Research Potato Crop Disease

  Tyndall National Institute, Dublin City University (DCU) and Teagasc have received an investment of ov...

Exports of Frozen and Fresh Potatoes Continue to Grow

Exports of Frozen an...

  U.S. exports of frozen and fresh potatoes continued to ...

NEPG Notices Reduced Crops for the Current Season

NEPG Notices Reduced...

  The scarcity of seedlings could reduce crop rises annou...

Tostitos Creates “Party Safe” Bag

Tostitos Creates “Pa...

  Tostitos created the "Party Safe" bag – a bag...

Farm Frites Could Build French Fries Plant in Kazakhstan

Farm Frites Could Bu...

  Deputy Prime Minister of Kazakhstan and Minister of Agr...

French Potato Association Considers Building a Potato Processing Facility

French Potato Associ...

    Global demand for products from processed potatoes, pa...

FSA Starts Campaign Anti-Acrylamide in Home Cooked Foods

FSA Starts Campaign ...

  Food Standards Agency (FSA) is launching ‘Go for Gold’ ...

Pringles Introduces New Range of "Loud" Crisps

Pringles Introduces ...

    Pringles is introducing new line-up – Pringles Loud,...

Potato Chips Recalls Due to Salmonella Risk

Potato Chips Recalls...

  Potato chips producers Herr Foods, Snyder of Berlin, Bi...

Farm Frites Launches Its Ultimate Chip

Farm Frites Launches...

 Potato grower and manufacturer Farm Frites has announced ...

First UK Deposit in Global Seed Vault

First UK Deposit in ...

  The Commonwealth Potato Collection (CPC), an invaluable...

Cool Farming Tool Proves Sustainability of Potato Culture

Cool Farming Tool Pr...

  Since last autumn, the farmers and the professionals in...

Agreement on Genome-Analysis Technology

Agreement on Genome-...

  Monsanto Company and NRGene announced that they have re...

New Method to Capture Disease-resistant DNA for Plants

New Method to Captur...

  Scientists have developed and improved technique for ca...

New “Focus on Potato” Webcast Helps Growers Manage White Mold Infections

New “Focus on Potato...

The Plant Management Network (PMN) has released a new pres...

McDonald’s Chooses New Potato Varieties for Fries

McDonald’s Chooses N...

In September, the worldwide fast-food chain chose two new ...

Potato Growers Get Help to Fight with Late Blight Pathogen

Potato Growers Get H...

  The Plant Management Network (PMN) has released in Nove...

Potandon Produce Adds a New Organic Potato Supply Point

Potandon Produce Add...

  Potandon Produce LLC, the industry leader in fresh pota...

Cornell University Receives State Grant to Fight against Golden Nematode

Cornell University R...

 Cornell University received a USD1.2m boost in new state ...

McDonald's income rose 9 per cent in 2010 thanks to new menu additions.

Net income totaled $4,946.3 million, equal to $4.58 per share on the common stock, up 9 per cent from $4,551 million, or $4.11 per share, in fiscal 2009.

Full-year results benefited from a strong fourth quarter in which income rose 2 per cent behind additions to the McCafe coffee lineup and continued demand for the McRib sandwich.

Revenues for the year climbed 5 per cent to $16,233.3 million, up from $15,458.5 million in fiscal 2009.

"We generated strong sales and delivered profitable market share growth, along with higher global revenues, operating income and earnings per share," said Jim Skinner, chief executive officer. "McDonald's continued success demonstrates that our Plan to Win works in any environment and has positioned us to continue our performance in 2011."

Global comparable sales rose 5 per cent in the fourth quarter, with sales in the United States up 4.4 per cent, sales in Europe up 3.4 per cent and sales in Asia/Pacific, Middle East and Africa up 5.5 per cent.

McDonald's said sales in the United States benefited from an emphasis on driving customer traffic, menu innovation and compelling value. During the fourth quarter, the company featured Chicken McNuggets and McRib on the menu, and drove brand loyalty and enhanced the customer experience with the Monopoly promotion and the introduction of the Caramel Mocha to the McCafe line-up.

"McDonald's continues to operate from a position of strength," Mr. Skinner said. "Our recurring cash flow and strong balance sheet allow us to invest appropriately in our business and return significant amounts of cash to our shareholders. In 2011, we plan to invest about $2.5 billion of capital - roughly half dedicated to opening approximately 1,100 new McDonald's restaurants and the other half allocated to investing in our existing locations, including reimaging."

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