Thursday, 23 November 2017

Agritechnica 2017 Presents Latest Technologies for Cropping and Storing

Agritechnica 2017 Presents Latest Technologies for...

  For seven days, between November 12 and 18, at Agritechnica 2017, high-caliber manufacturers an...

British Potato 2017 Event Plots UK Role after Brexit

British Potato 2017 Event Plots UK Role after Brex...

  BP2017 Potato Industry Show is a potato gathering from seed to supermarket, taking place Novemb...

Potato Expo Announces Topics and Speakers for January Edition

Potato Expo Announces Topics and Speakers for Janu...

  Potato Expo has announced the sessions and speakers for the January 10-12, 2018 event, to be he...

Avebe Records Growth in Performance Price

Avebe Records Growth in Performance Price

  Coöperatie Avebe achieved a performance price of more than EUR82, meaning it is almost 7% higher tha...

Belgium Potato Processors to Join Indonesian Food Expo

Belgium Potato Processors to Join Indonesian Food Expo

  The Belgian Potato Trade and Processing Industry Federation (Belgapom) will take part in the major I...

tna Expands China Operations

tna Expands China Operations

  tna announces the opening of TNA Solutions (Shanghai) Co. Ltd to provide local food manufacturers wi...

New Tools for Growers to Be Launched at British Potato 2017

New Tools for Growers to Be Launched at British Potato ...

    British Potato 2017 is an occasion for launching and introducing working tools for growers. The eve...

Tolsma-Grisnich Delivers Potato Grading Machines to German Processing Plant

Tolsma-Grisnich Delivers Potato Grading Machines to Ger...

  Tolsma-Grisnich has recently commissioned new grading machines at Golden-Geest-Kartoffeln Erzeugerge...

Omnivent Launches New Line of OmniFans for Potato Storages

Omnivent Launches New Line of OmniFans for Potato Stora...

  Omnivent launches a new line of OmniFans with the Permanent Magnet (PM) engine techniques which pres...

Chicken Rice, Laksa-flavored Potato Chips to Launch in Singapore

Chicken Rice, Laksa-...

  Two new flavors of potato chips - Hainanese Chicken Ric...

Asda’s New Wagyu Beef Dripping Potatoes

Asda’s New Wagyu Bee...

  British retailer Asda has introduced Extra Special Wagy...

Boulder Canyon Brings Back Seasonal Potato Chips Flavors

Boulder Canyon Bring...

  Turkey Gravy and Pumpkin Pie kettle-cooked potato chi...

Branston’s Italian Potatoes Are Again Available in Tesco Stores

Branston’s Italian P...

  Italian new potatoes supplied by Branston were availabl...

ITC Enters the Fresh  Produce Market with Innovative Potatoes

ITC Enters the Fresh...

  Indian company ITC Ltd has entered the fresh fruits and...

Frito-Lay Launches New Autumn Flavor Brands

Frito-Lay Launches N...

  PepsiCo's Frito-Lay division announces new brands - the...

Innovative Potato Products Presented at Anuga 2017

Innovative Potato Pr...

  Potato producers exhibited a range of innovative produc...

Potandon Launches Low-carb Innovation in Fresh Potato Category

Potandon Launches Lo...

During the Produce Marketing Association’s Fresh Summit co...

PepsiCo Increases Production Capacity in Moscow Region

PepsiCo Increases Pr...

  PepsiCo launched a new Lay’s potato chips production li...

DARS Starts Cleaning Potatoes of Viruses to Improve Production

DARS Starts Cleaning...

    The Department of Agriculture Research Services in Mal...

Czech Potato Research Institute Cultivates Blue Potato Variety

Czech Potato Researc...

  The Potato Research Institute, based in the town of Hav...

British Potato Producer Builds Potato Store in Marsham

British Potato Produ...

  A potato producer has applied for permission to build a...

National Potato Council Awards Adrienne Gorny for Potato Research

National Potato Coun...

  The National Potato Council (NPC) announces that Adrien...

Solynta Develops Late Blight Resistant Potato Varieties

Solynta Develops Lat...

  Dutch potato breeding company Solynta has developed pot...

Hydroponic Potatoes Might Be Grown inside Europe’s Deepest Metal Mine

Hydroponic Potatoes ...

  A research team recently launched a pilot project to in...

Cornell University Publishes Organic Production and IPM Guide for Potatoes

Cornell University P...

  The practical potato production Guide was compiled by a...

Canada Approves Three New Types of GMO Potatoes

Canada Approves Thre...

  Three types of potatoes genetically engineered by an Id...

Cavendish Farms to Build Two New Modern Storage Facilities

Cavendish Farms to B...

  Prince Edwards Island's major potato processor Cavendis...

A market analysis firm claims one in four companies are now loss making in the UK potato industry.

Plimsoll Publishing, the worlds leading provider of market reports and company analysis, says a quarter of companies in the UK potato industry are making a loss as the recession continues to bite.

But how many of these 83 loss making companies have simply had a bad year and how many are burying their head in the sand is the subject of a new study.

David Pattison, author of a new market report into company performance in the market says, "Increasingly we are seeing companies making a loss for the first time in their history and I think they can rightly claim they are victims of difficult trading conditions. A quick refocus on profitability would ensure this an isolated occurrence - ‘the year the recession forced us into loss', however, market conditions are a flimsy excuse for a band of serial loss makers that are prevalent in the market."

The study shows that 38 companies are making a loss for the second, and in some cases, even third year running.

Pattison continues, "These companies are either blatantly undercutting the rest of the market to enhance or maintain market share or, more likely, have delayed making the painful decision more prudent companies have made recently. No one wants to trim costs, lay off staff, cancel dividend payments and the like but continuing on regardless is fast becoming unviable. They can't bury their heads in the sand any longer."

Mr Pattison congratulates management teams who have had the courage to make difficult and unpopular decisions.

He adds: "They have cut their cloth according to the market conditions and as a result are more stable for it. Those failing to do so are running out of time and cash. Without a big increase in demand they cannot support their pricing strategy for much longer. Watch out for a number of failures in the coming months among the companies we have identified."

The study 'Plimsoll Industry Analysis - Potatoes' provides an assessment of 270 companies in the market.



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