Finance news – Page 9
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NewsDr Oetker boosts profits after cost-cutting success
Maintaining market share in 2024, Dr Oetker increased revenues 2.6% to £239.5m
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NewsPilgrim’s Europe records profitable growth despite dip in revenue
The consolidated accounts for FY24 represent the first full-year trading period since the integration of Pilgrim’s UK, Moy Park and Pilgrim’s Food Masters into the unified Pilgrim’s Europe structure
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NewsIBS-friendly mission continues at Bay’s Kitchen after founder’s passing
IBS-friendly sauce maker Bay’s Kitchen has found a new leader and secured fresh funding to continue its mission, eight months after the death of its founder Bay Burdett
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NewsBirds Eye suffers as shoppers return to ‘savvy tactics’ of cost of living crisis
The £21.4m drop in revenues hit the company’s operating margin, which decreased to 13.3% from 14.3% – though remained significantly above pre-pandemic levels
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NewsAduna Superfoods strengthens board ahead of expansion
Aduna Superfoods has appointed Erin Roy as chair of the board as it embarks on the next stage of its growth
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NewsNatara increases takeover offer for Treatt by 12%
Natara Global has increased its offer for the takeover of ingredients specialist Treatt
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NewsRed Bull slowdown continues despite field sales investment uplift
Revenue growth also slowed from last year but remained in double digits
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NewsBooker performs ‘ahead of expectations’ as core retail drives sales
Booker added 257 net new retail partners in the first half of 2025
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NewsDash sales sparkle amid growth at home and abroad
Growth came across Dash’s omnichannel sales mix, co-founder Alex Wright noted
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NewsKP Snacks attributes growth and higher profits to solid brand performance
Revenues at KP Snacks, which owns McCoy’s, Hula Hoops and Tyrrells, rose 4.4% to £654m in the year to 28 December 2024
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NewsBrewDog offloads £8.8m ‘Lost Forest’ estate in ESG strategy ‘evolution’
BrewDog said the decision was made as part of its evolving ESG strategy
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NewsNew Princes unveils IPO plans for London Stock Exchange
New Princes Group has formally unveiled plans to float the tinned and dried food giant on the London Stock Exchange this morning
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NewsBrothers Cider relaunch fails to bear fruit
Brothers Cider’s major brand overhaul did not translate to topline growth at its parent company
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NewsMother Root bags Dragons’ Den cash from Steven Bartlett
Non-alcoholic aperitif brand Mother Root has secured the backing of Steven Bartlett during an appearance on tonight’s episode of Dragons’ Den
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NewsTesco share price gathers momentum as supermarket enters golden quarter from position of strength
Shares shot up 4.5% today to a near-12-year high of 449.2p as markets lapped up a bullish statement by CEO Ken Murphy asserting that the supermarket had built on already strong momentum in the first half to 23 August
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NewsTrek and Nakd maker Natural Balance Foods sinks to a loss on £11m VAT bill
A backdated £11m tax bill has sent Natural Balance Foods tumbling into the red as the Trek and Nakd bar producer fell foul of HMRC VAT rules
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NewsJW Filshill posts ‘robust’ profits despite ‘challenging’ market
For the year to 31 January 2025, operating profit increased by 18.7% to £5m, while pre-tax profit rose by 22.8% to £4.9m
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NewsGweilo Beer joins growing Keystone Brewing Group roster
Gweilo’s brews will be produced at Keystone’s breweries in the UK
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NewsGeary’s Bakeries flat-out as Jason’s revenue rockets
Geary’s Bakeries has been running flat-out to keep up with demand, as its Jason’s Sourdough brand rockets to 122% annual growth
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NewsTesco raises profit guidance after strong summer sales
Britain’s biggest supermarket cut its profit guidance earlier this year due to a looming price war