All articles by Ed Devlin – Page 242
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NewsOcado reports its first annual profit in 15 years of trading
Online grocer Ocado has, as expected, posted its first annual profit since it started operating 15 years ago as revenue jumped by almost 20% compared with 2013.
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NewsIrn-Bru owner AG Barr to shake up cocktail market with £21m takeover of Funkin
AG Barr is entering the cocktail mixer market with the acquisition of Funkin Cocktails in a deal worth up to £21m.
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NewsInterbev UK raises a glass to Lloyds funding deal
Drinks wholesaler Interbev UK has secured a £9m bank funding package to support its growth.
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NewsCake Angels' Fiddes Payne flies high on rising sales & profits
Fiddes Payne, tipped by dealmakers as a takeover target this year, has highlighted its potential to prospective buyers…
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NewsPoultry packager looks to future strong growth after rescue deal
A fresh poultry supplier to the likes of Asda has been sold out of administration saving the jobs of the 22-strong workforce.
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Analysis & FeaturesIntense competition in UK grocery market driving food and beverage M&A
Fierce competition in UK grocery will be the main driving force behind an uptick in food and beverage M&A this year, according to new analysis by Grant Thornton.
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NewsStrong Christmas for Cranswick but pig price deflation hits revenue
Deflation in pig prices has continued to act as a drag on Cranswick revenues in its third quarter but failed to make a dent in the group’s profits.
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NewsMolson Coors sells its UK maltings business to Soufflet Group
Brewer Molson Coors UK has agreed to sell its maltings business to French agriculture group Soufflet.
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NewsIrn-Bru maker AG Barr outperforms soft drink market with sales up 5%
AG Barr has posted a final quarter trading performance “well ahead” of the soft drinks market with revenue growth of 5% for the period ended 25 January.
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Analysis & FeaturesFood-to-go continues to drive Greencore in 2015
Greencore posted a robust Q1 performance today but the best is yet to come from its food-to-go business in 2015.
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NewsPZ Cussons profits hit by unrest in Nigeria
Profits at PZ Cussons have fallen as the Imperial Leather manufacturer continued to suffer from political unrest in Nigeria.
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NewsGreencore registers sales rise despite challenges of the big four
Revenues jumped 3.6% at Greencore Group to £331.9m in the first quarter thanks to continued good growth in the UK food-to-go market and strong double-digit rises in the US.
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NewsPoundland unfazed by shopper income surge
Consumers have more money but Poundland CEO Jim McCarthy is confident they will continue to flock to his chain regardless…
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NewsFood retailers issue record number of profit warnings in 2014
Listed UK food and drug retailers issued a record number of profit warnings in 2014 as the grocery sector came under attack from discounters.
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Analysis & FeaturesSugar suppliers face sweeter future with end of EU quotas
UK sugar suppliers may be feeling bitter over low prices and the pressure health campaigners are putting on their product…
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Analysis & FeaturesPremier Foods flying high as investors cling to shreds of good news
At first glance it may seem somewhat surprising to witness shares in Premier Foods flying today as its power brands once again failed to perform. What’s behind it?
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NewsPremier Foods shares soar as Mr Kipling puts in ‘stand-out’ performance
A stand-out performance from Mr Kipling has helped Premier Foods put the brakes on power brand slowdown.
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NewsHoliday periods in the UK and US just the tonic for Fever-Tree growth
Strong sales in the final two months of 2014 have pushed Fever-Tree’s full-year revenue comfortably ahead of expectations.
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NewsDelayed store openings take the shine off Poundland's record Christmas
More than seven million customers were served at Poundland in the peak Christmas trading week helping the discount chain to a record festive period.
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NewsWhitworths owner Real Good Food snaps up Rainbow Dust for £7.5m
Real Good Food has completed the acquisition of Rainbow Dust Colours in a deal worth up to £7.5m.