All Finance articles – Page 21
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News
Nomad Foods back on track after major tech disruption
Nomad Foods’ share price rose 5% on Monday after reporting its fourth-quarter results
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News
City snapshot: Greggs shares plummet 10% as slowdown continues
Greggs’ slowdown has been worrying investors since it posted disappointing results in January. Also, Bakkavor and Kitwave report strong annual results.
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News
Promotions keep shoppers spending but Asda woes continue
Promotions at supermarkets have kept food inflation in check in February as spending on deals rose again last month, according to the latest data out this morning from Kantar
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News
Kitwave revenue grows 10% due to latest buying spree
The AIM-listed business completed the acquisition of three businesses last year
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Media Bites 4 March: Trump tariffs, inflation, obesity
US President Donald Trump rolls out tariffs on his neighbours and China, while UK food and drink inflation continues to grow
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News
Bakkavor delivers strong results despite strike disruption
Bakkavor has outperformed expectations as the prepared food business grew volumes ahead of the market in the UK
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News
Greggs’ sales top £2bn but slowdown continues
Greggs’ share price plummeted 10% in January after the chain disappointed investors
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News
BRC urges government to ‘mitigate swathe of costs’ as food inflation climbs
‘We expect food prices to be over 4% up by the second half of the year,’ said BRC CEO Helen Dickinson
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News
Former In Good Company boss Steve Cox joins Keystone Brewing as CEO
Cox failed in attempts to turn around the fortunes of Fourpure and Magic Rock whilst in charge of In Good Company
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City snapshot: Sainsbury’s set to return £250m to shareholders as deal for Argos credit card progresses
Sainsbury’s is on track with plans to return £250m to shareholders as the £720m sale of the Argos Financial Services card portfolio progresses
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News
City snapshot: Business confidence rebounds in February
Business confidence turned positive in February, bouncing back to a post-election high, according to a survey out this morning
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News
Media Bites 28 February: Ocado cuts jobs and seeks M&S payment
Ocado’s plans to scale back its research and development workforce have generated headlines this morning
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News
New Unilever boss Fernando Fernandez set to offload Marmite and other food brands
The surprise departure of Unilever CEO Hein Schumacher this week is likely to speed up a sell-off of non-core brands such as Marmite and put the prospect of transformational M&A back on the table, according to industry experts
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News
Ocado’s value tanks as investors tire of long wait for profitability
Ocado’s market value plunged by £600m this week as investors grew tired of waiting for jam tomorrow following another year of large losses at the grocery technology group
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Comment & Opinion
The wheels have fallen off B&M’s retail wagon – can it get back on track?
City patience is running out with B&M after it issued its second profits warning so far this year on Monday, at the same time CEO Alex Russo ‘fell on his sword’
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News
Beyond Meat cuts jobs and suspends China operations in bid to reduce costs
Beyond Meat is cutting its expenses over the next two years in a bid to turn a profit by the end of 2026
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Mackie’s profits on the rise amid supermarket success
The bulk of its growth was driven by extra listings for its ice cream in supermarkets like Tesco and Sainsbury’s
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EG Group’s profits lift ahead of expected IPO
An initial public offering could value the business at about $13bn
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News
City snapshot: Ocado share price down 10% in early trading
Ocado published its full-year results this morning. Haleon’s share price has also taken a hit after its revenues slipped 0.6% last year
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News
Ocado’s strong grocery sales help cut losses
Ocado Retail, its joint venture with M&S, saw revenue jump 13.9% last year