All Finance articles – Page 538
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NewsMedia Bites 31 March: Booker, P&H, Imperial Brands, Carr's
Booker Group’s fourth quarter trading update was heavily featured in all the papers as the imminent £3.7bn Tesco takeover generates plenty of interest in the wholesaler.
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NewsCity snapshot: Consumer confidence remains subdued in March
Consumers confidence remained stuck in the doldrums in March as Brexit concerns continue to loom and wages fail to keep up with inflation
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NewsHilton Food Group profits rise by 18.4% after 'strong year'
Tesco supplier’s operating profit climbed from £29m to £34.3m, and revenue rose 12.8% to £1.2bn
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NewsBirds Eye owner Nomad falls to a Q4 loss but says conditions improving in the UK
Birds Eye and Findus owner Nomad Foods recorded a loss in the fourth quarter of 2016 but the decline in the UK market slowed as the group battled to turnaround its performance in the challenging frozen market.
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NewsLapo Civiletti to be first non-family CEO at Ferrero
The ‘highly ranked’ Civiletti will take up the role on 1 September, replacing Giovanni Ferrero
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NewsBritvic extends contract with Wincanton until 2022
Wincanton will manage and oversee the still and carbonated soft drinks supplier’s deliveries across the UK
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NewsCity snapshot: Booker’s non-tobacco like for likes up 4.7% in fourth quarter
Booker Group has a reported a strong end to the year, with non-tobacco group like-for-like sales up 4.7% in the fourth quarter ahead of its £3.7bn buyout by Tesco
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NewsMedia Bites 30 March: Sugar, Post-Brexit food prices, Poundland
The size of chocolate bars and packs of sweets in the UK is set to get smaller if manufacturers are to meet government-set targets to cut sugar by 20%, according to a report published today.
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NewsThe Cotswold Distillery secures £1.5m in funding round as craft spirits demand soars
The Cotswold Distillery has raised more than £1.5m in a fundraising round to keep up with higher-than-expected demand for its new whisky.
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NewsAndy Leeser to advise Palmer & Harvey on refinancing process
Tobacco giants are considering investment in P&H following Tesco Booker deal
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NewsJohn Mills made managing director at Landmark Wholesale
Mills replaces Martin Williams, who left the buying group in December 2016 after more than 33 years
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NewsMedia Bites 29 March: Tesco, article 50, Weetabix, Irn-Bru
Tesco continues to fall under the media glare in Tuesday’s papers as it agreed to pay a whopping fine to avoid prosecution in the fraud case.
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NewsCity snapshot: Coffee chain perks up sales and profits at Welsh brewer Brains
Welsh brewery Brains has continued to benefit from its expansion into coffee as profits soared 23% to £5.5m last year
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NewsCornish pasty maker Rowe’s acquired by turnaround specialist
Lossmaking Cornish bakery chain Rowe’s has been snapped up by global turnaround specialist Iberia Industry Capital for an undisclosed amount.
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NewsAG Barr profits sparkle as Irn Bru maker cuts sugar across its range
Shares in the Irn-Bru maker fizzed 2.2% higher to 559.5p on the back of its results in the year to 28 January.
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NewsTesco fraud fine and agreement: what the analysts say
Analysts react as Tesco reaches agreement with the SFO
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NewsKen McMeikan to step down as CEO of Brakes Group
During his tenure at Brakes, he increased profits by 42% to £183m
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NewsCity snapshot: Tesco fined £129m for profit overstatement scandal
Tesco (TSCO) has announced this morning it has agreed with the UK Serious Fraud Office to pay a £129m fine to avoid prosecution for its 2014 accounting scandal
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NewsMedia Bites 28 March: Tesco investors warn against Booker deal
“Call off Booker takeover, Tesco investors demand” is the main business headline in The Times (£) this morning on reports that two major Tesco shareholders have warned against pursuing the £3.7bn deal.
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NewsCapVest confirms acquisition of Karro Food Group
Private equity firm CapVest has confirmed it has agreed to acquire pork processor Karro Food Group from Endless, as revealed by The Grocer on 17 March.