Dalton Philips news, comment and insight – Page 2
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NewsCity news: M&S delights investors as turnaround finally takes hold
Investors lapped up declarations from Stuart Machin of Marks & Spencer entering a new era as a hard-fought and long-awaited turnaround started to bear fruit
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NewsCity snapshot: Demand for chicken and pork boosts Cranswick
Meat processor Cranswick has hailed a year of “strong” financial progress as demand for chicken and pork recovered. Plus, the latest Kantar grocery market share data, first-half results for Greencore and SSP, and a trading update from Naked Wines
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NewsCity snapshot: US growth boosts Fever-Tree despite UK sales stagnation
Fever-Tree has posted annual growth of 6% despite a stagnation of UK sales as it doubled profits in the second half of 2023
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Analysis & FeaturesWhich grocery players hit the stock market jackpot in 2023?
In 2023, crises from Ukraine to the Middle East, plus the ongoing cost of living crisis, battered stocks. Who coped best and what will 2024 bring?
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Analysis & FeaturesWill Asda’s discounter price matching scheme pay off?
Asda is the first supermarket to match both Aldi and Lidl
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Comment & OpinionAldi and Lidl under siege? Inside Asda’s audacious price match scheme
Asda was so serious about being the cheapest that the deal applied if it wasn’t at least 10% cheaper
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Analysis & FeaturesHow grocery stock market players coped with 2023’s uncertainty
Fmcg players are used to volatility and uncertainty, driven by a plethora of global crises in recent years.
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NewsCity News: Greencore shares decline despite stabilising performance
Shares in Greencore tumbled this week despite the sandwich maker reporting significant progress in its ongoing recovery.
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NewsGreencore boss Dalton Philips signals further price increases amid soaring wages
The boss of sandwich maker Greencore has warned of potential further price hikes
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NewsCity snapshot: Greencore boosts revenues and profits as it passes on inflation
Greencore has boosted annual revenues and profits as it recovered cost inflation and also improved volumes. Plus, the latest inflation figures from the BRC, annual results at Treatt and half-year results at Supreme and Pets at Home.
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NewsCity snapshot: Supermarket sales growth rebounds despite falling inflation
Grocery price inflation fell for the seventh month in a row to 11% last month as take home grocery growth rose to 9.1%.
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NewsCity snapshot: Unilever grows margins on pricing increases
Unilever increased its margins in the first half of its financial year, despite €1.6bn of input inflation. Plus updates from Compass Group and Greencore and grocery market share data from NIQ
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Comment & OpinionHow to handle tough negotiations with retailers
A successful negotiation isn’t necessarily a win for either side, says Gina Overton, director at Bridgethorne
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NewsCity snapshot: Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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NewsGreencore seeking CFO as Emma Hynes steps down
Hynes will leave the food-to-go specialist in May following the group’s half-year results, remaining with Greencore for a transition period to help her successor.
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NewsCity snapshot: Diageo sees surging sales and profits as consumers retain taste for premium drinks
Spirits giant Diageo has posted strong growth in first-half sales and profits as consumers continue to flock to its premium portfolio despite rising prices. Plus, Greencore downgrades expectations on lower food to go volumes and trading updates from Fever-Tree, Britvic and Tate & Lyle
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Analysis & FeaturesHow Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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NewsWilko secures £40m in financing and appoints Chris Howell as chair
The household and gardens retailer has agreed a £40m two-year revolving credit facility with Hilco
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Comment & OpinionGreencore’s shifting sales mix spells trouble ahead for UK suppliers
Prepared food group Greencore posted a huge jump in sales and profits this morning as the food-to-go market roared back from Covid lows – but why did it promptly lose 8% of its value?
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NewsCity snapshot: Greencore sales and profits jump on food-to-go rebound
The strong rebound in food to go boosted annual revenues and profits at Greencore, though the group warned of “further substantial inflation” in the coming year. Plus updates from Unilever, Treatt, Supreme and all the rest of the latest news from the City.