All Finance articles – Page 168
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NewsMedia Bites 28 February: Fruit & veg shortages, John Lewis, M&S, Primark, Morrisons
Ongoing fruit & veg shortages continue to make headlines, with the papers also reporting on Pippa Wicks parting ways with John Lewis and the latest ABF results
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NewsMedia Bites 27 Feb: Fruit & veg shortages, Reckitt Benckiser, Waitrose
Shortages of some fresh fruit and vegetables such as tomatoes and cucumbers could be the ‘tip of the iceberg’, the National Farmers Union has said
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NewsCity snapshot: ABF issues profits upgrade as inflation steadies
Associated British Foods has lifted its profit forecasts for the year as inflation becomes less volatile and commodity costs start to decline. Plus, DX group reports strong first half
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NewsCity News: Mixed feelings on Danone’s turnaround progress
Danone shareholders were boosted this week by better-than-expected end of year numbers, but debate remains over how far along the dairy giant is on the path to turnaround
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NewsFood and drink M&A activity edges up in Q4 as market shows ‘green shoots’
Food and drink deals ticked up in the fourth quarter of 2022, boosting hopes dealmaking will rebound in 2023 after economic turmoil effectively froze the market last year
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NewsFarmison pulls £2m crowdfunder as part of strategic rethink
DTC butcher Farmison has pulled a £2m crowdfunding raise as it puts the brakes on ambitious growth plans amid the challenging macroeconomic climate of squeezed consumer spending and surging costs.
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NewsCity snapshot: Price hikes mitigate sales volume drop at Nomad Foods
Frozen Foods specialist Nomad Foods grew sales to almost €3bn last year as acquisitions and price growth mitigated a fall in sales volumes
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NewsMedia Bites 24 February: Fruit & veg shortages, ice cream, consumer confidence
The papers are still dominated by the fruit & veg shortages on supermarket shelves.
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NewsCity snapshot: Supermarket Income REIT sees portfolio valuation drop as interest rates bite
Listed supermarket property investor Supermarket Income REIT saw the valuation of its portfolio drop by double digits amid steeply climbing interest rates and wider economic slowdown
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NewsMedia Bites 23 February: Fruit & veg shortages, inflation, Danone
Environment secretary Therese Coffey was booed by farmers after saying UK egg shortages had not been caused by “market failure”, as the country’s biggest supermarket became the latest to ration purchases of some fruit and vegetables.
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NewsShandy Shack sells stake Jeremy Clarkson’s partner
Shandy Shack has sold a minority stake to Jeremy Clarkson’s partner Lisa Bentinck as the craft brewer seeks to deepen commercial ties with Diddly Squat Farm
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NewsMedia Bites 22 Feb: Fruit & veg, Walmart, Finsbury Food Group
Asda and Morrisons are rationing fresh produce including tomatoes, cucumbers and peppers amid shortages caused by poor weather in Europe and north Africa
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NewsCity snapshot: Price rises lift sales at Danone but margins fall on higher costs
Danone has boosted annual revenues on the back of higher prices but soaring costs squeezed the French food group’s profit margins. Plus, a pre-close trading update from Science in Sport.
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NewsPlanet Organic rethinks expansion plans as it reviews sale and financing options
CEO George Dymond told The Grocer the business is in ‘rude health’, but new funding is needed to open new stores and return to profitability
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NewsCity Snapshot: Finsbury Food Group ‘encouraged’ by double-digit first half growth
Finsbury Food Group has posted an ‘encouraging’ first half performance as pricing drove revenue growth and profits were flat as margins reduced due to cost inflation
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NewsMedia Bites 21 February: NFU, fruit & veg, Aldi, Tesco
“Volatility, uncertainty and instability” are endangering UK farm businesses, according to the National Farmers’ Union, which is urging the government to support British food producers so they can keep supplying squeezed UK households and a growing global population.
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NewsMowi announces record year, breaking £1bn in operating profit
The company harvested a total of 446,000 tonnes of fish in 2022, some 4,000 more than guided a year ago
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Analysis & FeaturesAre CBD brand casualties a necessary evil for investor confidence?
The FSA’s whitelist of tradeable products has led to many brands running into trouble. Even backing by David Beckham can’t guarantee longevity
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NewsPetcare group Paramount eyes IPO following acquisitions spree
The owner of Pet Brands and Vital Pet Group has mooted a potential IPO or major fundraise after a spate of acquisitions that move it closer to a £200m sales target
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NewsCity snapshot: BrewDog enters Budweiser China joint venture to fuel Asian expansion
Craft brewer BrewDog has teamed up with Budweiser as part of a major expansion plan in China.