Alec Mattinson
Alec leads The Grocer’s expanding coverage of all things finance-related. Follow Alec on Twitter: @AlecMattinson
Contact info
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- 01293 610512
- Email:
- alec.mattinson@thegrocer.co.uk
NewsAuthentic Food Group falls to £3.5m loss due to ‘unprecedented’ challenges
The world foods manufacturer said it had been faced with “unprecedented political, economic and market challenges”
- News
Upfield profits slump after Unilever spin-off
An Upfield spokesman said the results reflected “necessary one-off restructuring costs”…
- News
City unimpressed with DS Smith’s ‘record’ figures
Packaging giant DS Smith posted a bumper set of interim figures ahead of its vital Christmas period but sharholders were left unimpressed
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City snapshot: Morrisons promotes Trevor Strain to COO role
Morrisons commercial chief Trevor Strain has been appointed as chief operating officer in a move which sees trading director Michael Gleeson become chief financial officer
- News
Media Bites 4 Dec: Amazon deforestation, Quorn, Argos
Companies including Tesco, Asda, Carrefour and LGIM urged the Brazilian government on Tuesday to protect the Amazon rainforest.
- News
City snapshot: Ocado launches £500m bond offer to fund global growth
Ocado has announced the launch of a £500m corporate bond offering to help fund the global expansion of its Ocado Solutions business.
- News
Media Bites 2 Dec: Ocado, Black Friday/Cyber Monday, Aldi
Ocado shares soared on Friday after it made its first move into Asia by striking a deal with Japanese retailer Aeon to develop its online business
- News
Greencore share price recovery hits bump in the road
Greencore’s share price resurgence after its humbling exit from the US last year hit turbulence this week on a significant slowdown in growth.
- News
Ocado signs first Asian supply partnership with Japan’s Aeon
Ocado has this morning announced it has agreed a partnership with Japanese grocery retail Aeon to launch an online grocery delivery business in the country using its Ocado Smart Platform technology.
- News
Media Bites 29 Nov: Fortnum & Mason, Ocado, Rémy Cointreau
Fortnum & Mason, the luxury store group that sells delicacies such as gulls’ eggs and alba truffles, has revealed a seventh consecutive year of increasing sales and profit.
- News
Halo Coffee raises £500k to fund international expansion
The maker of “the world’s first” compostable coffee capsules has raised a further £500k as it seeks to build its brand across the globe.
- Interviews & Profiles
Stefano Agostini big interview: Nestlé’s boss is defiant over Brexit
Nestlé’s UK & Ireland CEO fears logjams and the threat of tariffs but is still investing millions in the ‘dynamic’ British market
- News
City snapshot: US Fruit Shoot retreat and France factory sales hit Britvic profits
Britvic’s annual profits have been hit by the closure of its Fruit Shoot multi-pack operation in the US and the sell-off of factories in France, despite posting solid results in its UK carbonates business. Plus, trading updates from British American Tobacco and Marston’s and all the rest of the latest news from the City.
- News
Media Bites 27 Nov: Pets at Home, Shop prices, Compass Group
Pets at Home shares soar after after it bucks the high street blues to book rising sales as its turnaround strategy pays off
- News
Rising prices and exports drives sales growth at Cranswick
Pork giant Cranswick has made a “positive start to the year”, with the first half sales up year-on-year amid strong performance in the domestic market and rising exports.
- News
Greencore profits rise after ‘fundamental reset’
Convenience foods specialist Greencore has posted an improvement in underlying sales and profits after “fundamental reset” of the business following its exit from the US.
- News
Media Bites 26 Nov: Just Eat, Retail sales, Unilever
A suitor for Just Eat has attacked a rival bid as “wholly inadequate” and an attempt to buy the British delivery company “on the cheap”
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Fever-Tree investors reassured despite UK slowdown
City darling Fever-Tree is unaccustomed to missing market expectations, but last week it was forced to release a profits warning as its UK growth came to a shuddering halt.
- News
Katjes International takes majority stake in Candy Kittens
Global confectionery group Katjes International has grown its stake in UK sweets brand Candy Kittens take a majority share in the company.
- News
Naked founder Rowan Gormley to step down as losses mount
The founder of Naked Wines shocked the City on Thursday by stepping down, as the online retailer’s losses continue to mount
