All Finance articles – Page 537
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NewsCity snapshot: Dairy Crest warns cost inflation will hit net debt
Dairy Crest (DCG) has grown volumes in its key brands in the first nine months of the year, but has warned over the impact of rising input prices. Plus Tate & Lyle has upgraded earnings expectations after a strong third quarter, Pernod Ricard grows underlying sales and all the rest of this morning’s news from the City.
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NewsMedia Bites 9 Feb: Waitrose, Asda, Aldi
Waitrose is planning to close six stores and remove a level of management in its supermarkets, putting 600 jobs at risk.
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NewsRejuvenation Water beats funding target as it unveils first overseas listing
Soft drinks start-up Rejuvenation Water has overtaken its £150,000 crowdfunding target after money flooded in from investors as the brand revealed an international listing with Dubai’s largest supermarket chain Spinneys.
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NewsBleiker’s Smokehouse nets funding for growth ambitions
Smoked salmon producer Bleiker’s Smokehouse has secured £3.9m in bank funding to expand its capacity to keep up with the demand from new contracts with Morrisons and Aldi.
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NewsCity snapshot: Cost-cutting helps boost earnings for Carlsberg
Carlsberg has posted full-year organic operating profit growth of 5% despite a fall in sales volumes as the early benefits from its cost-cutting programme boosted earnings
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NewsMedia Bites 8 Feb: Co-op, Aldi, Booker
“Co-op’s future in doubt as ‘saviour’ heads for exit” is the headline in The Times (£) over the shock departure of Co-op boss Richard Pennycook.
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NewsNaturo looks to double petfood output with £3m investment
The investment in the brand’s Northern Ireland facility includes a new meat handling system
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NewsCauli Rice smashes £400k target in new crowdfunding round
Cauli Rice has raised more than £2m across four rounds of crowdfunding stretching back to September 2014.
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NewsMedia Bites 7 February: Metro, Ajinomoto, Boots, Tyson Foods
It’s a quiet morning in the papers for UK grocery news, but there are a few international stories, including Metro shareholders voting overwhelmingly in favour of the German retail conglomerate’s plans to split in two.
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NewsCity snapshot: Aldi knocking on the door of big four
Aldi has accelerated passed Co-op to take its place as the fifth biggest food retailer in the UK, the latest Kantar Worldpanel data has revealed. Plus, the latest figures from Nielsen and the BRC - KPMG retail monitor for Jannuary.
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NewsFood chain traceability specialist Arc-net secures £2m investment
Irish start-up Arc-net, a specialist in food chain traceability, has secured a £2m investment from the founder of one of the world’s largest medical outsourcing firms to support its rapid growth.
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NewsFood packaging firm Excelsior Technologies acquired by Mondi in £33m deal
Food packaging producer Excelsior Technologies has been snapped up for £33m by global firm Mondi Group.
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NewsCall for 2% wine and spirits duty cut ‘to save British pubs’
Move would be equivalent to a £594 tax cut for every landlord, says WSTA
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NewsGlanbia makes two international nutrition acquisitions
Irish nutrition group Glanbia has announced two acquisitions this morning totalling €181m as it looks to grow its international footprint.
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NewsMedia Bites 6 Feb: Amazon, Tesco/Booker, Business rates
Amazon has begun searching for high street locations in prime areas of central London ahead of the potential launch of a checkout-free grocery chain later this year.
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NewsQ&A with Ocado CFO: Amazon, robotic arms and one-hour delivery
Duncan Tatton-Brown talks emerging threats and Morrisons’ increasingly cosy relationship with its largest competitor
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NewsSayers reports sales decline amid 'challenging year'
North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence
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NewsOcado shares rise and fall as profits improve
Patient Ocado shareholders received a boost on Tuesday as the online grocer posted better-than-expected full-year profits
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NewsTayto grows popcorn with Portlebay rescue
Tayto hopes to tap booming appetite for popcorn after putting together a pre-pack rescue deal for premium brand Portlebay
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Analysis & FeaturesBrexit white paper gives food & drink cause for optimism
Securing rights for EU nationals in the UK and UK nationals in the EU is named as a key objective