All Finance articles – Page 618
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NewsCurrencies and Coca-Cola volume drop hit CCE revenues
Full year revenues at Coca-Cola Enterprises plunged 15% last year as currency movements impacted sales already hit by declining Coca-Cola volumes.
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NewsImperial Brands volumes dragged down by Middle East troubles
However, price increases helped to offset volume declines and push up revenues 10% in the first quarter to £1.6bn.
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NewsDairy Crest brands “performing well” following Müller sale
Plus trading updates from Imperial Brands and Tate & Lyle and structural changes at Pernod Ricard
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NewsMedia Bites 11 Feb: Asahi Group, Harris + Hoole, Mark Price
Asahi Group’s £2.3bn bid for Grolsch and Peroni is an “expensive route to growth”, according to the Financial Times
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NewsAsahi strikes £2bn deal for Peroni, Grolsch and Meantime
Japanese brewer Asahi has agreed a deal with AB InBev to acquire Peroni, Grolsch and Meantime for €2.55bn.
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NewsCarlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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NewsReal Good Food bulks up Haydens Bakery with Chantilly Patisserie deal
Real Good Food has acquired a hand-made frozen desserts maker for £1.75m to expand its Haydens Bakery subsidiary into the growing foodservice sector.
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NewsOcado’s falling share price hits executive pay packets
The pay of Ocado’s executive team fell by a collective 20% last year as the sums earned through share awards fell despite the online supermarket recording record profits.
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NewsMedia Bites 10 Feb: Coca-Cola Company, Kantar Worldpanel
A quiet morning for retail in the papers with Coke’s fourth quarter earnings statement
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NewsCity snapshot: Heineken focus on premium boosts sales and profits
Heineken increases organic revenues 3.5% to €20.5bn, plus Ocado annual reports shows rising pay for directors
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NewsCoca-Cola reports earnings progress despite global revenue fall
Coca-Cola has reported a 4% drop in reported net revenues for 2015 after a fourth quarter slowdown.
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NewsSpeyside Distillers to finance growth with £2.3m funding package
Speyside Distillers Company is targeting expansion in the UK and overseas after securing a £2.3m bank funding package.
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NewsCo-operative Group is fastest-growing non-discounter
Latest market data from Kantar Worldpanel also shows Aldi and Lidl increased sales but combined market share dips
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NewsCity snapshot: Food sales edge up in January finds Kantar Worldpanel
The latest market share figures from Kantar and Nielsen
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NewsMedia Bites: Sunday trading, UK retail sales, John Lewis
Ministers will give councils the right to tear up the remaining restrictions on Sunday trading from this autumn, according to the FT.
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NewsAssociated British Foods targets full ownership of Illovo Sugar
Associated British Foods confirmed today it has held discussions over the minority stake in Illovo Sugar
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NewsTim Steiner: supermarkets 'running out of price war ammo'
Ocado boss Tim Steiner has accused his supermarket rivals of ‘running out of ammo’
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NewsCCO Barry Williams leaves Asda after eight years
Andy Murray, currently Walmart’s senior vice president of creative and customer experience, will take over the role on 15 February
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NewsSir Philip Hampton appointed business equality tsar
Women on Boards campaign to shift focus to the FTSE 350
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NewsCity snapshot: Casino sells Thai food retailer for €3.1bn
Casino has agreed to sell its stake in a Thai food retailer for €3.1bn in a deal which will help the French supermarket group halve its net debt.