Finance news – Page 615
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NewsMedia Bites 29 Jan: Diageo, diary farmers, waste
Diageo’s first-half results, worrying times for Britain’s dairy farmers and Hugh Fearnley-Whittingstall’s continuing war on waste all makes this morning’s papers.
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NewsCity snapshot: AG Barr sales fizz over Christmas
Soft drinks group AG Barr has increased sales by more than 2.5% in its final quarter of the year despite the intensifying war on sugar and competitive UK market.
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NewsKitwave closes in on private equity deal to fund expansion
Kitwave is close to securing investment to allow it to continue its acquisitive buy-and-build strategy.
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NewsCoca-Cola HBC to elect new chairman as George David retires
Coca-Cola HBC chairman George David is stepping down from his role after 35 years with the European Coke bottler.
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NewsOcado calls in Dixon Carphone deputy CEO as non-exec
Ocado has appointed Dixons Carphone deputy chief executive as an independent non-executive director.
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NewsCranswick festive volume sales boosted by lower pig prices
Total sales in the three months to 31 December 2015 were up 5% compared with Q3 the previous year
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NewsPayPoint sales rise in the third quarter
PayPoint has posted third-quarter year-on-year net revenues up 1.8% to £35m and total revenue down 3% to £58.1m.
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NewsDiageo sales hit by currency headwinds
Organic operating profit growth at the company came in at 2.4%
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NewsCity snapshot: Diageo reports 1.8% first half organic sales growth
However, its reported results have been dragged back by asset disposals and currencies
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NewsMedia Bites 28 Jan: ABInBev/SABMiller, Britvic, Scotch whisky
A delay in the regulatory approval process in Africa threatens AB InBev’s merger with SABMiller, writes The Times.
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NewsNew task force to challenge retail's 'low waged, low skilled' culture
The task force is being headed by former Morrisons HR director Norman Pickavance
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NewsHotel Chocolat back in profit with sweet sales growth
Hotel Chocolat has bounced back into the black after ditching its US trial and keeping a tight hold of costs.
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NewsPeter's Foodservice snaps up hot-dog firm Mom’s Fabulous Foods
Peter’s Foodservice has completed the acquisition of “gourmet” hot-dog business Mom’s Fabulous Foods.
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NewsMedia Bites 27 Jan: Tesco, Sainsbury's, Argos
The GCA’s findings that Tesco “knowingly” withheld cash from suppliers to artificially prop up its results dominates the papers this morning.
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NewsCity snapshot: Sales fall at Britvic amid challenging grocery market
Sales have fallen 2.4% on an organic basis in the first quarter to £290.1m as a result of declines in the UK, French and international markets
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NewsP&G sees 2% global organic sales rise in second quarter
P&G Procter & Gamble has returned to quarterly organic sales growth, revealing a 2% rise
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NewsPZ Cussons shares plunge on emerging markets struggles
Shares in consumer goods manufacturer PZ Cussons fell almost 10% today after the company revealed its first half trading was hit by volatile conditions in emerging markets.
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NewsDavid Robinson leaves Argos to join Conviviality Retail as MD
Off-licence group is restructuring its management in wake of Matthew Clark deal
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NewsTesco illegally deducted 'millions' in supplier payments, GCA reveals
Retailer also systematically delayed payments owed to food and drink companies, in some cases by more than two years
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NewsConvenience sales drive Greencore Q1 revenues 7.2% higher
The group recorded revenue of £356m – 7.2% up on a reported basis and 6.8% ahead in constant currency