All Finance articles – Page 487
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News
City snapshot: Efficiency focus helps grow profits at Finsbury Food Group
Cake supplier Finsbury Food Group (FIF) has grown pre-tax profits on flat revenues as investments in production efficiency helped boost the bottom line.
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News
Media Bites 18 Sep: Tesco/P&H, Kraft Heinz, Sainsbury's, Reckitt Benckiser
Tesco is expected to play a pivotal role in the rescue of embattled wholesaler Palmer & Harvey as the UK’s competition regulator probes what the supermarket’s takeover of Booker could mean for its fortunes, writes The Telegraph.
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News
Innis & Gunn shareholders approve £15m minority sale to PE firm
Shareholders at Innis & Gunn have waved through the £15m sale of a significant stake in the Scottish craft brewery to private equity house L Catterton.
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News
Icelandic Seachill shrugs off volatility to post rise in sales
Revenues for seafood supplier climb by £18m despite ending of M&S supply deal in 2016
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News
Brookfield and Carlyle in frame to buy P&H
According to Sky News the two firms are among a number of parties who have tabled offers for P&H
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News
Moy Park sold to Pilgrim's in speedy related-party deal
Under-fire JBS shocked the industry – and Moy Park management – in June when it revealed it was off-loading the business
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News
Filippo Berio profits soar as it predicts tougher year ahead
Sales nudged up 1% to £41.2m in 2016, with a more than £1m fall in cost of sales to £37.4m
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News
City Snapshot: Coca-Cola HBC CEO to take illness leave of absence
The CEO of FTSE 100 Coca-Cola bottler Coca-Cola HBC is to take a four month leave of absence to treat a medical conditions. Plus, Nestlé acquires a majority stake in Blue Bottle Coffee, the pound soards but leaves UK fmcg companies nursing share price losses and all the rest of the latest news from the City
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News
Media Bites 15 Sep: Morrisons, John Lewis, Booker
A busy day for the retail news sees this morning’s papers consider the good results and subsequent share price drop for Morrisons, John Lewis’ profits slump, the strengthening pound, Booker’s cigarette sales and more.
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News
Startups and corporates to 'work side by side' by 2025, predicts Unilever report
Over the next five years, partnerships with startups will become business critical, says a new report from Unilever Foundry
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News
Whey Box secures £250k growth funds to tap protein boom
The business started trading a year ago to tap booming demand in the sports nutrition market
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News
Morrisons' seventh quarter of growth fails to impress City
As Morrisons found this week, the trouble with over-achieving is that it builds expectations
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Comment & Opinion
Is a cut-throat price war coming to UK razors?
A YouGov survey last year highlighted 40 million Brits subscribe to at least one product or service
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News
City snapshot: Morrisons turnaround gathers pace with seventh quarter of growth
Morrisons continued to make progress with a turnaround as it reported the seventh successive quarter of like-for-like growth. Plus, profits plunge at Waitrose as margins are squeezed by the weak pound; Booker reports another quarter of growth; and Real Good Food to appoint external advisors to conduct a full review of the company’s corporate governance and financial reporting procedures.
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News
Armitage Pet Care snapped up by Rutland Partners
Premium pet food and accessories group Armitage Pet Care has been taken over by private equity firm Rutland Partners for an undisclosed price.
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News
Motor Fuel Group snaps up Manor Service Stations
The deal for an undisclosed fee will complete on 3 October
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News
City snapshot: Waitrose sales boosted by half-price promotion and wine discounts
Sales were up 6.4% at Waitrose, which will report its first half results tomorrow, last week to £133.9m, largely driven by the current half-price event and the big 25% off wine promotion running in stores.
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News
Media Bites 13 September: Apples, Philip Morris, McDonald's, coffee
UK apple growers are in the grip of a 20% shortfall in the supply of seasonal labour, pushing them towards “a cliff edge” as Brexit nears, the industry has warned.
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News
What Kraft Heinz’s super young new CFO tells us about age-blind recruitment
David Knopf has become chief financial officer of Kraft Heinz aged just 29 - and prompted a slew of coverage focusing on his age
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News
UK inflation jumps to 2.9% in August
The UK Consumer Prices Index jumped to a higher than expected 2.9% in August from 2.6% in July, driven by record price rises in clothing and footwear.