All The Grocer articles in 13 June 2015 – Page 9
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News
City Snapshot: Exchange rates cause double-digit profit and revenue drop at SABMiller
SABMiller has suffered a 12% drop in revenues in the six months to 30 September
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News
Media Bites 12 Nov: Sainsbury's, SABMiller/InBev, Carlsberg
Two stories dominate the press this morning – Sainsbury’s profits plunge and SABMiller agreeing a price for its buyout by AB InBev.
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Media Bites 9 Nov: SABMiller, Sainsbury's, M&S
SABMiller is set to offload its American business for more than $10bn (£6.6bn) this week when it finally agrees terms on a merger with Anheuser- Busch InBev.
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News
City Snapshot: Adelie close to taking a bite of sandwich filling firm Freshpak
The Grocer this morning has an exclusive story about Urban Eat owner Adelie circling a £68m-turnover Yorkshire-based sandwich filling supplier.
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News
Media Bites 6 November: Morrisons, Tate & Lyle, Dairy Crest
The papers pick over the bones of another dire quarterly performance by one of the big four supermarkets this morning
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News
Diageo to make £60m loss on Argentina wine disposal
Diageo has agreed to sell its wine interests in Argentina to the country’s leading producer and distributor for an undisclosed sum.
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Media Bites 5 Nov: M&S, Asda, Whole Foods
Unsurprisingly M&S’ half year trading results are the main topic of conversation in today’s papers.
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City snapshot: Morrisons’ third quarter sales fall by 2.6%
Third quarter like-for-like sales (ex fuel) at Morrisons fell by 2.6% in the 13 weeks to 1 November, plus trading updates from Dairy Crest, Tate & Lyle, Coca Cola HBC and Hilton Food Group.
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Reckitt Benckiser wins CMA approval for K-Y acquisition
The UK’s Competition & Markets Authority has waved through Reckitt Benckiser’s acquisition of the K-Y brand following consultation after Reckitt agreed to licence the business in the UK.
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Analysis and Features
M&S first half results – what the analysts say
A round-up of analyst comment on Marks & Spencer’s first half results
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News
M&S hits three month share price high after first half sales increase
Marks & Spencer has reported a 1.4% rise in first half sales to £5bn, driven by its continued outperformance of the troubled UK grocery sector.
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News
Increased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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News
Sugar woes and currencies hit profits at ABF
Associated British Foods (ABF) has recorded a 6% fall in adjusted full year operating profit as a collapse in profitability of its sugar division hit overall earnings.
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News
Tate & Lyle completes Eastern Europe ingredients restructure
Archer Daniels Midland Company, which owns half the joint venture with Tate, has bought bulk ingredients plants in Bulgaria, Turkey and Hungary
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Media Bites 2 Nov: M&S, Morrisons, BRC
Marks & Spencer is due to report another slump in clothing sales, heaping renewed pressure on chief executive Marc Bolland.
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City snapshot: 151 Products rescues Swirl from administration
151 Products has bought consumer goods firm Swirl Products, trading as Fmcg, out of administration, plus a look at the week ahead in the City with updates from M&S, Morrisons and ABF.
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News
City snapshot: Delhaize sees "robust" third quarter sales
Belgian retail group Delhaize has posted third quarter constant currency revenue growth of 2.3%
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Media Bites 29 Oct: AB InBev, Heineken, Walgreens Boots Alliance
Anheuser-Busch InBev has sought to reassure investors that its £68bn takeover of smaller rival SABMiller is on track.
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News
Emerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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News
British American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.