All Finance articles – Page 34
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NewsQuorn losses total more than £100m in three years but signs of turnaround on the horizon
Quorn has registered further significant losses as demand for fake meats in supermarkets has continued to decline
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NewsBeyond Meat shares hit all-time low over plan to wipe out $800m of debt
The announcement drove the company’s share price down 36% on Monday
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NewsMexican restaurant chain Tortilla delivers record UK profits
In the UK, adjusted EBITDA rose by 33% year on year to £2.4m
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NewsMicrosalt cuts losses as scale ramps up
Microsalt previously cut its sales forecast due to the US ban on food dyes
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NewsAG Barr’s profits fizz after hiking prices
AG Barr’s profits surged 20% in the first half of the year off the back of rising prices and better operating margin
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NewsNon-food prices push up inflation in September
Food inflation held steady at 4.2%, ending seven months of successive growth
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NewsHofmeister breezes through £1.4m crowdfunding goal
Hofmeister has breezed through a £1.4m fundraising goal with 20 days to spare, as investors flocked to back the resurrected beer brand
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NewsKeurig Dr Pepper shares hit five-year low following JDE Peet’s deal
Keurig Dr Pepper’s shares hit their lowest point in more than five years in the wake of its “poorly received” deal to acquire Dutch coffee giant JDE Peet’s
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NewsMindful Chef bounces back into growth as investment pays off
Gross margin jumped from 32.9% to a whopping 45.8%, and pre-tax profit leapt to £10.9m from a loss of £1.7m
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NewsPets at Home recruits new CFO from PZ Cussons
The retailer is rebuilding its top team amid declining sales
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NewsHilton Foods sells Fairfax Meadow to Sysco for £54m
Hilton bought the business in 2021 to help it expand into foodservice
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NewsSOS Wholesale employees take action to secure payout
Pearson Solicitors is working with ‘concerned employees’ to review the redundancy process
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Analysis & FeaturesWas Urban Legend ahead of its time or always set to fail?
The doughnut brand’s tech is ingenious – and will be sold on. So why didn’t its products catch on?
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NewsStarbucks to shutter cafés in £750m turnaround plan
The world’s biggest coffee chain is battling slowing sales due to high prices and strong competition
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NewsPots for Tots bags £500k in third funding round, goes international
The funding would be used to ‘fuel the next phase of ambitious growth’, said Pots for Tots founder and CEO Cherrelle Beckitt
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NewsProper Snacks sales back on track with new factory
Proper Snacks was taken over by private equity in 2021 and merged with Eat Real
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NewsJohn West returns to profit as costs stabilise
John West Foods has returned to profitability as the canned fish importer benefitted from falling input costs, according to accounts filed to Companies House
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NewsKTC Edibles tripled profits ahead of sale to Whitworths
Despite rising profits, revenue for KTC Edibles has dropped for the second year in a row
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NewsChapel Down sets sights on convenience stores in expansion drive
Chapel Down CEO James Pennefather said he saw ‘plenty of plenty headroom’ to accelerate the brand’s growth further.
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NewsCo-op cyberattack to cost £120m in lost profits
Co-op’s stores suffered widespread availability issues for two weeks in May