Finance news – Page 12
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Vimto volume gains drive Nichols revenue growth
Nichols’ flagship soft drink saw ongoing distribution and volume gains
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Media Bites 23 April: Rachel Reeves, Trump tariffs and M&S cyber woes
Reeves has pledged to ‘defend Britain’s interests’ during her trip to Washington
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Kimberly-Clark cuts profit forecasts due to US tariffs
Kimberly-Clark is one of the first US consumer goods makers to spell out the impacts of the tariffs
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City snapshot: Trump’s tariffs ‘harder to predict than pandemic’
Major shifts in the White House’s trade policy make it difficult to estimate how many UK businesses are affected
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Pernod Ricard wine sale expected ‘in the next week’, CFO says
The disposal represents a significant downsizing of Pernod Ricard’s business in the UK
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Ornua sees profits surge but warns of Trump tariffs impact
The Irish dairy co-op warned ’global trade tensions’ remained among ’the key potential shock factors in the months ahead’
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City snapshot: Sainsbury’s shares up 4% after ‘record year’
The supermarket warned that its profits would fall this year as it spent to ‘maintain its competitive position’
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Sainsbury’s warns profits will fall to £1bn after record year
Sainsbury’s has promised more price cuts to maintain momentum amid growing market share
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Pernod Ricard blames sales forecast miss on disruption in China and India
Sales in the three months ended 31 March fell organically by 3% to €2.3bn
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Food inflation falls to 3% in March led by confectionery
Overall UK inflation dropped to 2.6%, led by falling petrol prices
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City snapshot: WH Smith looks to shake off tariff concerns ahead of high street sale
WH Smith saw profits in its travel arm rise 12% in the first half of the year
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WH Smith travel profits jump ahead of high street sell-off
The retailer confirmed the sale to Modella Capital should complete in the summer
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Cruzcampo and Murphy’s shine for Heineken amid wider beer declines
Despite volumes falling, performance was ‘better than the market’, Heineken insisted
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Media Bites 15 April: US-UK trade deal, Nivea, olive oil and wages
US vice-president JD Vance said there was a “good chance” a trade deal could be reached with the UK
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City snapshot: B&M looks to shore up sales after another weak quarter
B&M is planning to open 45 new stores this year despite weaker sales across its stores
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Molson Coors CEO Gavin Hattersley to retire
A search to find Hattersley’s successor will take in both external and internal candidates
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Collapse of vertical farm Jones Food Company was ‘inevitable’, group warns
The Lydney, Gloucestershire-based business was placed into administration on 7 April, with 61 staff made redundant
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Xoxo Soda seals £4m investment on eve of major UK retail push
Xoxo launched in Co-op this month
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Müller snaps up Biotiful Gut Health in £100m-plus deal
Kefir brand Biotiful Gut Health has been acquired by dairy giant Müller for an undisclosed figure
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Vertical farming giant Jones Food Company appoints administrators
The Lydney, Gloucestershire-based business closed its doors on Monday 7 April with 61 staff made redundant