Home Tag "GraceKennedy"

GraceKennedy Delivers 12% Growth in Net Profit – Revenues Up $2 Billion For First Half Of 2018

In releasing its Interim Stockholders’ Report for the Second Quarter ended June 2018, the Board of GraceKennedy Limited is reporting revenues of J$48.4 billion, an increase of 4.3% or $2 billion over the corresponding period of 2017. This was driven largely by growth in its Food Trading and Insurance segments. Net profit for the period […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Gracekennedy Acquires 35% Share In Catherine’s Peak Pure Spring Bottled Water Brand

GraceKennedy Limited (GK) has announced that the Company will acquire a 35% share in Catherine’s Peak pure spring bottled water brand, which is owned by Peak Bottling Company Limited (PBCL), subject to further due diligence. The acquisition is being undertaken following the signing of a binding memorandum of understanding between GK and PBCL at GraceKennedy’s […]

What is B2B Marketing? – BNC3 Video

GraceKennedy Reporting 2016 EPS Of J$4.04 Up from J$2.78 in 2015, a 45.3% increase.

GraceKennedy, Group President and CEO Don Wehby is describing 2016 as a good year for the GraceKennedy Group having achieved several of the key strategic and profitability milestones set. Group revenue for 2016 was J$88.27 billion, representing an increase of 10.7% or J$8.53 billion over the $79.74 billion recorded for 2015. Net profit attributable to […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Gracekennedy Terminates Distribution Relationship With Trinidad Based Beverage Manufacturer SM Jaleel & Co Ltd,

GraceKennedy Group Chief Executive Officer Don Wehby confirmed on a recent conference call that GraceKennedy has terminated its distribution relationship with Trinidad based beverage manufacturer SM Jaleel & Co Ltd, While the products including Busta, Chubby and Fruta did add to GraceKennedy’s revenue line the profitability was very marginal. So in terms of GraceKennedy’s strategic […]

What is B2B Marketing? – BNC3 Video

National Export Strategy To Achieve US$2.5 bn In Exports By 2020.

Don Wehby Group Chief Executive Officer of GraceKennedy and Chairman of JAMPRO is of the view that efforts to improve our global business relations and increase our exports is a national priority. One he says that has been articulated by the Economic Growth Council, and which is central to Vision 2030’s goal for making Jamaica’s […]

What is B2B Marketing? – BNC3 Video

GraceKennedy Announces Organisational Changes for 2017

GraceKennedy Limited (GK)  has advised of the following organisational changes which will take effect on January 1, 2017 and April 1, 2017: Grace Foods Effective January 1, 2017 the following changes will occur in the Grace Foods division: Gilroy Graham, who is currently Senior General Manager for Grace Foods & Services (GFS) within GK Foods Jamaica, […]

What is B2B Marketing? – BNC3 Video