All The Grocer articles in 13 June 2015 – Page 14
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Emmi upgrades earnings forecast after beating first half expectations
Swiss food group Emmi beat revenue expectations in the first half of 2015 despite sales slipping 3.8% to CHF1.56bn.
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Ferrero completes £112m Thorntons acqusition
Italian chocolate group Ferrero has today completed its acquisition of Thorntons following regulatory approval.
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CaféPod completes £1.35m funding round
UK coffee pod supplier CaféPod has completed a fundraising drive worth £1.35m and announced former Diageo European president Andrew Morgan will join its board after making a major investment.
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Media Bites 17 Aug: Morrisons, price war, BRC footfall
Many of the papers have the story that Morrisons is locked in advanced talks with investment firm Greybull Capital over the sale of its convenience stores.
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Media bites 13 August: Reckitt Benckiser, Nomad, Kraft Heinz
UK competition authorities have conditionally green-lighted Reckitt Benckiser’s planned union of Durex condoms with K-Y lubricant.
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City snapshot: Nomad buys Findus’ European operations
Birds Eye owner Nomad Foods has agreed to buy the continental European business of Findus for £500m, plus half year updates from Nestlé and Coca-Cola HBC and all the rest of the news from the City.
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Medina and Freshways vie for piece of Müller/Dairy Crest deal
Dairy processors Medina and Freshways have emerged as the front-runners to take up a ‘toll processing’ agreement with Müller as part of its proposed purchase of Dairy Crest’s liquid milk business.
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City snapshot: Forecourt price war intensifies
The supermarket petrol price war looks set to step up another level today with Morrisons announcing a major price cut
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Media bites 10 August: Supermarket profits, Tesco, Morrisons
The turmoil of the supermarkets has caused UK plc profits plunge, according to The Telegraph.
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City snapshot: Losses double at Real Good Food
Full-year losses more than doubled at Real Good Food (RGD) as revenues collapsed in its now sold sugar division Napier Brown, plus Waitrose’s weekly sales rise and all the latest from the City.
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Media Bites 7 August: Coca-Cola European Partners, Mondelez, retail sales
There is plenty of coverage of the bottling mega-deal to create Coca-Cola European Partners.
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Media bites 6 August: Mondelez, Sunday trading, Morrisons
Activist investor seeks Mondelez sale, while retailers attack Sunday trading plans.
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City snapshot: Kerry Group ups guidance after 4.7% first half growth
Irish food group Kerry Group saw revenues rise 4.7% in the first half of the year
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Strong dollar hits Kellogg’s revenues
Kellogg’s has reported a 5.1% fall in second quarter net sales, but insists it is building momentum after a “difficult” 2014.
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Beer volume growth sends Heineken half year revenues up 2%
Group revenues at Dutch brewer Heineken grew by 2% organically in the first six months of the year on improving beer volumes.
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Tyrrells makes first international acquisition with Australia's Yarra Valley Snack Foods
Premium crisp supplier Tyrrells has made its first international acquisition after buying Australian snacks firm Yarra Valley Snack Foods to underpin a growth push in the Asia Pacific region.
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City snapshot: Consumer confidence falls in July
Consumer confidence slipped back in July on concerns over the UK economy, according to GfK’s latest UK Consumer Confidence Index, Waitrose sales edge up despite the cold weather and all the latest news from the City.
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Media Bites 31 July: Brakes, Coca-Cola Enterprises, M&S
Brakes Group, the UK’s biggest food distributor, has begun preparing for a stock market listing in London that could see it valued at up to £2.5bn, according to Sky News.
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Second quarter revenues up 3.2% at Delhaize
Belgian supermarket group Delhaize has reported solid revenue and profit growth in the second quarter.
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Media Bites 30 July: Supply chains, Sainsbury's, Greggs
The major supermarkets will all have to set out how they are preventing slavery and human trafficking taking place in their supply chains, under rules announced by the UK government.