All articles by Alec Mattinson – Page 29
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NewsCity snapshot: Premier Foods profits beat expectations
Premier Foods has posted double-digit annual growth in sales and trading profits as price rises and cost savings mitigated ’exceptionally high’ input cost inflation
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NewsMedia Bites 17 May: Downing Street food summit, Greggs, Diageo
Rishi Sunak’s Downing Street food summit has been described as “empty” by food and farming industry representatives
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NewsCity snapshot: Britvic profit rises following pricing hikes
Robinsons owner Britvic has posted a double-digit rise in profits in the first half, as margins improved on pricing growth and a reduction of marketing spend
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NewsSymington’s profits increase despite drop in sales
The food group’s profits rose in its first full year under ownership of Newlat as it reduced ranges to focus on profitable categories
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NewsMedia Bites 15 May: John Lewis Partnership, food price inflation, Tesco
More than half of the 61-strong partnership council of John Lewis have delivered a stinging rebuke to Dame Sharon White and her leadership
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NewsCompass Group bolstered by resurgent leisure and tourism markets
Workers returning to the office and resurgent leisure and tourism bolstered the first-half profits and share price of catering giant Compass Group
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NewsDrinks supplier Global Brands sees surging growth on exports boost
UK independent drinks business Global Brands has posted a double-digit jump in annual revenues on strong growth at home and abroad
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NewsRaw dogfood player Paleo Ridge receives £1m investment to boost retail ambitions
Paleo Ridge has secured a further seven-figure investment from investor Ashridge Capital
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NewsFormer Greencore exec Kevin Moore appointed as Valeo’s first UK CEO
Valeo Foods Group has announced the appointment of Kevin Moore to the newly created position of UK CEO
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NewsCity Snapshot: THG ends Apollo takeover discussions
THG has announced it has ceased talks with Apollo Global Management over a takeover approach after its indicative valuation of the group was ‘inadequate’
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NewsCity snapshot: Pernod Ricard invests in reusable packaging specialist Ecospirits
Pernod Ricard has taken a minority share in Singapore-based Ecospirits, a low waste distributer for the wine and spirits industry
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NewsNomad Foods raises earnings expectations on price-driven growth
Frozen specialist Nomad Foods has nudged up its full-year earnings expectations after double-digit price hikes bolstered first quarter earnings
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NewsMedia Bites 10 May: John Lewis Partnership, Sainsbury’s, John Allan
The boss of John Lewis will face a vote of confidence on Wednesday, amid growing staff anger at her leadership
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NewsCity snapshot: UK retail sales growth stagnates amid weak clothing performance
UK retail sales growth remained flat in April as sales volumes stayed well below inflation and consumer demand showed signs of weakening
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NewsPrice hikes at Kraft Heinz drive higher profit expectations
Kraft Heinz has become the latest global food giant to raise profit forecasts after price hikes helped expand margins
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NewsSnaffling Pig raises six figures to fight back from recall ‘crisis’
Pork snacking brand Snaffling Pig has raised a six-figure sum to regrow the brand following a damaging product recall last year
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NewsCultivated petfood supplier Good Dog Food raises £3.6m
Good Dog Food has raised the seed financing to fund its efforts to create slaughter-free alternatives for petfood
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NewsHeck reduces range to focus on core, profitable lines
The group has dialled back its category expansion ambitions after falling to a loss last year
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NewsCity snapshot: Pernod Ricard takes out first sustainability-linked loan
The loan will be linked to two sustainability commitments
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NewsMedia Bites 5 May: Food price inflation, AB InBev, Coronation shopping
Rishi Sunak is to hold talks with supermarket bosses, trade bodies and farmers this month to address concerns over surging food prices and wider industry issues