All Finance articles – Page 532
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Authentic Food Co sales hit record levels after heavy investment
Sales have soared 50% to close to £74m at ready meals producer The Authentic Food Company as it invested heavily in the Irish frozen factory acquired from Heinz in 2015.
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Miso Tasty seeks £150k to launch new ramen noodle kits
Japanese snack brand Miso Tasty is raising £150k in a crowdfunding campaign to support the launch of a new line of ramen noodle kits in 300 Waitrose stores.
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City snapshot: Devro profits sizzle despite volumes fall
Sausage casings manufacturer Devro has reported a double-digit rise in underlying annual profit despite sharply falling volumes
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Media Bites 6 March: John Lewis, Morrisons, Premier Foods
The owner of John Lewis and Waitrose is poised to cut the annual bonus it pays staff to the lowest level since the 1950s due to the pressure on retailers.
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Personal care firm crushed by pricing pressures
A group of personal care and household companies, which supplied high street retailers and supermarkets, has called in administrators, with the loss of 72 jobs.
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AB InBev fails to meet expectations thanks to slow growth
AB InBev missed fourth-quarter earnings expectations this week after a performance slump in Brazil
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Poundland returns to like-for-like growth
Steinhoff CEO Markus Jooste said Poundland was “ahead of the value creation plan”
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City snapshot: Two food brands appoint insolvency firms after six figure crowdfunding campaigns
Two food brands with national supermarket listings have collapsed less than two years after raising hundreds of thousands of pounds from crowdfunding investors
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Media Bites 3 March: Asda, AB InBev, Nichols
Asda is imposing harsher payment terms on its clothing suppliers as it attempts to turn the business around.
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Post leading race for Weetabix, as former bidders end interest
The Grocer understands bid interest from other previously active suitors has ended…
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Crowdcube darlings Lick and Feel Free go under
Public set to lose out as two crowdfunders go under after six figure fundraising campaigns
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Vimto sales drive 'strong performance' at brand owner Nichols
Vimto “significantly” outperformed the soft drinks category with sales up 4.7%
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Hawkshead secures investment from Halewood Wines & Spirits
The deal would enable the business to build a new brewery, expand production and gain new routes to market for its popular…
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Medina Dairy sees return to profitability
Group revenue during the 52 weeks to 30 April rose by £4.1m to £160.9m
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Lily O’Brien’s UK growth pushes group sales to record levels
Irish chocolatier Lily O’Brien’s has posted a record turnover of £27m in 2016 thanks to a growing appetite for its premium offering in the UK.
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City snapshot: AB InBev's growth slows in fourth quarter
Anheuser-Busch InBev has reported revenues growth of 2.4% in 2016, but sales growth slowed to just 0.2% in the fourth quarter
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Media Bites 2 March: PespiCo, Boots, Greggs, Premier Foods
“British workers pay price as US firms cut 2,000 jobs” is the lead business headline in The Times this morning as PepsiCo and Boots both announced job cuts.
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Young’s Seafood on track over Christmas despite “exceptional challenges”
Young’s Seafood CEO Bill Showalter said the frozen fish producer has overcome “exceptional challenges” in the run-up to Christmas to remain on track to hit earnings targets.
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Mackie's of Scotland grows sales thanks to new chocolate bar range
Entering the chocolate bar market and a consumer shift towards premium ice cream has helped Mackie’s of Scotland boost sales by 7%.
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Administrators close nine Food Retailer Group Budgens stores
Food Retailer Group fell into administration on 10 February