All articles by Ed Devlin – Page 208
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NewsCity News: Sainsbury's silver lining fails to impress the City
Pre-tax profits of £584m were a good way above market consensus of £574m for Sainsbury’s
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Analysis & FeaturesConviviality adds Bibendum to its drinks mix
But Diana Hunter insists she’s a long way off dominating British booze
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NewsMinistry of Cake sees profits rocket under PE ownership
Profits have soared at Ministry of Cake in its first full year under new ownership
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NewsMedia Bites 6 May: Morrisons, Hotel Chocolat, BHS, Reckitt Benckiser
Morrisons first quarter results and the successful float at Hotel Chocolat are the two main focus on the retail beat this morning, as well as the ever-ubiquitous BHS.
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NewsCity snapshot: Deflation at big four falls back to record levels
Supermarket prices have fallen back to their record level of -2.9% across the big four
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NewsHotel Chocolat proves hit with investors in £167m float
Hotel Chocolat has completed its flotation on London’s AIM exchange with investors flocking to the luxury chocolatier and pushing the valuation past the £150m forecasts.
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NewsKalle Group in new ownership
Meat product casings manufacturer Kalle has been sold by its private equity owner Silverfleet Capital to a fund managed by Clayton, Dubilier & Rice.
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NewsChaucer Food Group hunting for US expansion capital
The ingredients supplier has run out of capacity at its new factory in Portland in the US
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NewsCoca-Cola Enterprises struggles in Q1 as sales lack fizz
Sales at European Coke bottler Coca-Cola Enterprises fell 7% in Q1 with volumes declining as consumers turn away from fizzy, sugary drinks.
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NewsMedia Bites 28 April: BHS, Home Retail, Argos, Sainsbury's
The spectacular collapse of BHS continues to overshadow all other news in the papers, but there is also room to report the profit slump at Argos owner Home Retail Group.
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NewsCity snapshot: 'Bleak picture' for gender diversity in consumer products - EY
Just 12% of consumer products and retail leaders expect significant progress in women leadership in the next five years
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News
Vimto owner Nichols sales propped up by acquisitions
Vimto maker Nichols is set to relaunch its no-added sugar brands ahead of the summer.
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NewsMondelez profits improve but strong dollar hits sales
Mondelez International has increased earnings 71% in the first quarter as a result of its cost cutting programme.
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NewsVital Ingredient ready for UK rollout with LDC backing
Healthy food-to-go chain Vital Ingredient is set to roll-out across the UK from its London heartland after a MBO backed by an £8m investment from LDC.
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NewsMedia Bites 27 April: BHS
The fallout from the administration at BHS continues, with reports of potential saviours, Sir Philip Green facing more pressure from MPs and suppliers counting the costs.
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NewsNestlé and R&R agree to merge ice cream and frozen food businesses
New group to be called Froneri
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NewsS&P upgrades Bakkavor credit rating again
Bakkavor corporate credit rating upgraded by one notch by Standard & Poor’s thanks to a continued improvement in trading, earnings and cashflow.
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NewsSABMiller investor sells half its shares for £1bn
One of the largest shareholders in SABMiller has sold half its stake in the brewing giant for just more than £1bn.
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NewsYorkshire Meatball Co targets supermarkets with crowdfunding cash
Restaurant chain The Yorkshire Meatball Co plans to launch a product for the supermarkets after crowdfunding success.
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NewsNuva aims to shake up drinks sector with £1m funding
Flavoured bottled water brand Nuva has raised £1m in development funding to capitalise on consumer demand to reduce sugar consumption.