All Finance articles – Page 576
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News
George Eustice inspects revamped Ambrosia Creamery in Devon
A £12m investment at the plant has created 20 extra jobs and brought in new factory equipment
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News
Itsu serves up sales rise as demand for healthy food continues
Itsu has recorded a healthy 22% rise in revenues to £82.6m thanks to a 2.3% increase in like-for-like sales and another 10 store openings
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News
Product recall cost potato supplier Swancote Foods nearly £600k
Some 45 own-label ready meal lines were pulled due to metal contamination fears…
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News
Snaffling Pig snacks brand secures £70k from Dragons’ Den
Dragon Nick Jenkins negotiated a 20% share in the business
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News
Refresco volumes hit by bad weather and private label challenges
Refresco has warned that volumes will be below full-year expectations as poor summer weather and challenges in the private label business affected the European soft drinks bottler.
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News
Bakkavor reports strong revenue group in UK and overseas
Food group Bakkavor increased revenues 3.2% to £438.7m in the second quarter as it grew business with the supermarkets in the UK and the overseas business continued to soar.
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News
JBS move to Ireland set to shake up UK and EU meat sector
The planned relocation of Brazilian meat giant JBS to Ireland could stir up the UK meat and poultry sectors and drive further investment by JBS across Europe.
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News
Activist investor forces Steinhoff to increase Poundland offer
Steinhoff has upped its offer for Poundland by 5p to 225p a share following pressure from activist investors.
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News
Media Bites 11 August: Stock Spirits, Brexit, cashew nut prices, Sainsbury's
A new boss at Stock Spirits and the start of a turnaround in Poland picked up plenty of coverage this morning. The favourite brands of remain and leave voters are revealed; cashew prices soar; and Sainsbury’s apologises for treatment of gay men in a London store.
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News
City snapshot: Profits fizz at Coca-Cola European bottler but currency holds back sales
Coca-Cola HBC increased sales in the first half to expand margins and push up profits but unseasonable weather affected volumes
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News
Stock Spirits new CEO focused on Poland turnaround but deals still on the table
The new CEO at Stock Spirits has reaffirmed the European drinks group’s M&A strategy despite the past disagreements with major shareholders.
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News
Lily’s Kitchen appoints Chris Lock as marketing director
His arrival follows that of new product director Emma Wrigley
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News
Soft drinks won't be hit by 20% sugar reduction target, campaigners claim
Government hopes sugar levy will drive reformulation in soft drinks rather than specific targets
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News
Hot weather promises to send food sales soaring by 10%, says Co-op
A new report concludes food sales could soar by £290m a week with a few days of sizzling temperatures
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News
Media Bites 10 August: Ocado, Morrisons, e-cigs
Ocado and Morrisons announcing a renewed agreement, tweaked from the original signed back in 2013, gave the paper plenty to chew over this morning.
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News
City snapshot: Stock Spirits appoints new CEO as turnaround starts to take shape
Stocks Spirits Group has appointed a new CEO as it seeks to put its boardroom troubles behind it. It comes as the London-listed business posted improved results in the first half.
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Comment & Opinion
Potts’ Ocado deal clicks as a potential win-win for both parties
Ocado is setting to work on the store-picking model, which will allow Morrisons to provide an online grocery service across the country, while Morrisons won’t have to share its profits, and will pay less in terms of R&D costs
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News
Bells Food Group doubles pastry capacity with first phase of £3.6m investment
The investment in new equipment allows Bells to compete for the first time for high volume, commercial pastry contracts.
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News
Fudge's kick-starts growth with expansion to savoury line-up
NPDs are the first since the business was taken over in April
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News
Premier Estates Wine buys new HQ with bank funding
Premier Estates Wine has purchased a new head office in Birmingham’s Jewellery Quarter after receiving a bank funding package worth more than £1.5m.