All articles by Ed Devlin – Page 179
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NewsBon Bon Buddies overseas focus delivers record year
Overseas expansion and new contract wins have helped Welsh confectioner Bon Bon Buddies to record results, with sales up 13% and profits more than doubling in the year to 30 April 2016.
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NewsPE owner of Hancocks engages advisers to explore sale
The private equity owner of Hancocks Cash & Carry is exploring options for a potential sale of the specialist confectioner
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Analysis & FeaturesReynolds takeover 'will fire up BAT potential in e-cigs'
The success of Iqos in markets such as Japan and Italy has boosted PMI’s share price
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NewsBrewDog £10m bond caps a recordbreaking year for Crowdcube
Booming investor demand for food and drink brands has fuelled a recordbreaking year on crowdfunding platform Crowdcube, with popular craft brewer BrewDog hitting its £10m target at the end of 2016.
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NewsLindt sales boost from higher-than-average UK growth
Lindt said it was now the fastest-growing chocolate brand in Great Britain, where it now has 13 retail shops, as group sales rise 6.8% to CHF 3.9bn (£3.1bn) in 2016.
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NewsVegemite returns to Aussie roots in £282m Mondelez sale
Vegemite is back in Australian ownership for the first time in more than 90 years after Mondelez International sold the yeast extract spread as part of AU$460m (£281.7m) deal.
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NewsPremier Foods warns profits to be hit by weak trading and rising costs
Premier Foods has issued a profits warning this morning, despite a strong December, as sales remained weak in the third quarter and costs spiralled following the slump in sterling.
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NewsMedia Bites 18 January: Greggs, British American Tobacco/Reynolds, Pep&Co
The papers all take a good look at Theresa May’s speech on Brexit, examining it consequences and reaction from various quarters, but in the grocer sector Greggs Christmas trading and BAT’s takeover of Reynolds come under the spotlight.
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NewsBear shakes up management team as Giles Brook moves on
Kids snack brand Bear has shaken up its leadership team, with a new managing director appointed and Giles Brook leaving the business to focus on his role as European CEO at Vita Coco.
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NewsBritain to leave single market, says Prime Minister Theresa May
Prime Minister Theresa May has ruled out remaining in the single market as Britain negotiates an exit from the EU
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NewsGreggs hails strong Christmas buoyed by festive bakes and burritos
Overall, sales at Greggs increased by 7% in 2016
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NewsBritish American Tobacco takes over Reynolds in £40.7bn deal
BAT has agreed to acquire the remaining 57.8% in Reynolds it does not already own
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NewsMedia Bites 17 January: Brexit, Pep&Co, courgette shortage
Prime Minister Theresa May grabs all the headlines ahead of here big Brexit speech later today.
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NewsCity snapshot: Sweet Christmas for Hotel Chocolat as shoppers spend more on gifts
Hotel Chocolat sales leapt 16.2% in the 13 weeks to 25 December as customers spent more money on higher priced gifts for Christmas
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NewsMash Direct profits boost as awareness outside of Northern Ireland grows
Northern Irish convenience food manufacturer Mash Direct has increased profits five-fold thanks to a rise in sales driven by growing consumer awareness of the brand outside its domestic market.
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NewsMedia Bites 13 December: Tesco, M&S, Primark, John Lewis, Waitrose
‘Super Thursday’ provides the papers plenty to chew over, with most of the Christmas trading updates finding space on the page.
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NewsCity snapshot: Kerry pastry deal boosts Addo Food Group
Sales and profitability have soared at Addo Food Group after it turned around the performance of the chilled savoury pastry business acquired from Kerry Foods in August 2014.
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NewsSuppliers in distress as mults enjoy recovery, says report
The recovery of the supermarkets has piled increasing pressure on the supply chain
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NewsAddo Food Group profits soar as it turns around Kerry pastries
Sales and profitability have soared at Addo Food Group after it turned around the Kerry chilled savoury pastry business
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NewsMarks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?