All Finance articles – Page 552
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NewsYoung’s Seafood third quarter sales rise on contract wins
Young’s Seafood delivered double-digit third quarter sales growth after winning new contracts and growing sales in both frozen and chilled goods.
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NewsReal Good Food secures £2m bank overdraft to plug short-term funding hole
Struggling Real Good Food has agreed a £2m bank overdraft to plug a hole in its finances following a profits warning and a board shake-up earlier this month.
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NewsP&G takes Edgewell to court over alleged patent infringement
The case focuses on Edgewell’s three-bladed private label razor cartridge
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NewsNisa reports 21% boost in Heritage chilled ready meal sales
Range of 27 meals has established itself as a “firm favourite” over the past year
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NewsCentral Convenience Stores MD & commercial director to depart
Former BP trading director Andy Davis will join as chief convenience officer
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Analysis & FeaturesWhere now for the Nisa deal as Sainsbury's pushes pause?
Analysis of the latest twists and turns in the saga surrounding the potential sale of Nisa
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NewsCity snapshot: Price rises drive Carlsberg's 2% first half sales growth
Carlsberg has reported a 2% rise in first half organic sales despite a fall in beer volumes as higher prices supported its overall sales. Plus the pound slides to close to an eight year low against the euro after yesterday’s CPI figures and all the latest news from the City.
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NewsMedia Bites 16 August: Brexit, Danone, Nestlé
The UK government’s proposals for an interim deal with the EU, including a possible temporary customs union, to make sure overseas trade with the continent continues smoothly is the main news in the papers this morning.
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NewsUK inflation remains stable at 2.6%
The UK’s Consumer Prices Index remained unchanged in July at 2.6%, defying expectations that inflation would rise again last month.
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NewsFood and drink industry leaders welcome interim EU trade plan
But trade bodies warn there remain huge obstacles to the “freest and most frictionless possible” deal envisaged
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NewsMars Food builds healthy portfolio with acquisition of Tasty Bite
Mars Food has agreed to acquire the owner of all-natural Indian and Asian food brand Tasty Bite, which has been sold in UK supermarkets since 2016.
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NewsMoy Park continues growth as profits slump at troubled JBS
Moy Park has increased revenues in the second quarter, but profits slumped 80% at its beleaguered Brazilian parent company JBS, which put the Northern Irish poultry processor up for sale earlier this year to raise money to pay off growing debts.
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NewsBrakes parent company, Sysco, reports 9.9% rise in sales
The US company said an uplift in its international food operations was “largely driven” by its aquisition of the wholesaler
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NewsMedia Bites 15 August: Sainsbury's/Nisa, Aldi, Danone, John Menzies
All the papers pick up The Grocer’s exclusive that Sainsbury’s have ended its exclusive talks for a £130m Nisa takeover, with the Co-op waiting in the wings.
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NewsCity snapshot: Sainsbury's steps back from the race to buy Nisa
Sainsbury’s has hit the pause button on its potential £130m takeover of Nisa until after the competition watchdog makes its ruling on the bigger Tesco acquisition of Booker. Plus, sales and profits rise at Moy Park in the second quarter; and profits fall at John Menzies as it is hit by costs related to failed demerger of distribution arm.
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NewsSainsbury's delays Nisa move as Co-op comes back to the table
Sainsbury’s period of exclusivity to do a deal with Nisa has now expired, leaving the field open to other potential suitors
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NewsP&G accuses Nelson Peltz of serving “his own agenda” in plea to shareholders
Procter & Gamble has accused activist investor Neslon Peltz of pursuing a seat on its board “to satisfy his own agenda” in a letter to shareholders requesting they vote down his board ambitions.
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Comment & OpinionBalance growth and margin
In 2015 Nestlé chairman Peter Brabeck said 3G and Warren Buffett had “pulverised the food industry”
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NewsUK pork producers win Chinese export deal worth £200m
A total of seven companies in the pork supply chain have secured permission to export to China…
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NewsAldi enters online grocery in US with Instacart trial
The discounter has appointed the third-party delivery service to courier its groceries to customers in three US cities…