All Finance articles – Page 621
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Ocado calls in Dixon Carphone deputy CEO as non-exec
Ocado has appointed Dixons Carphone deputy chief executive as an independent non-executive director.
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Cranswick festive volume sales boosted by lower pig prices
Total sales in the three months to 31 December 2015 were up 5% compared with Q3 the previous year
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PayPoint sales rise in the third quarter
PayPoint has posted third-quarter year-on-year net revenues up 1.8% to £35m and total revenue down 3% to £58.1m.
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Diageo sales hit by currency headwinds
Organic operating profit growth at the company came in at 2.4%
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City snapshot: Diageo reports 1.8% first half organic sales growth
However, its reported results have been dragged back by asset disposals and currencies
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Media Bites 28 Jan: ABInBev/SABMiller, Britvic, Scotch whisky
A delay in the regulatory approval process in Africa threatens AB InBev’s merger with SABMiller, writes The Times.
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New task force to challenge retail's 'low waged, low skilled' culture
The task force is being headed by former Morrisons HR director Norman Pickavance
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Hotel Chocolat back in profit with sweet sales growth
Hotel Chocolat has bounced back into the black after ditching its US trial and keeping a tight hold of costs.
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Peter's Foodservice snaps up hot-dog firm Mom’s Fabulous Foods
Peter’s Foodservice has completed the acquisition of “gourmet” hot-dog business Mom’s Fabulous Foods.
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Media Bites 27 Jan: Tesco, Sainsbury's, Argos
The GCA’s findings that Tesco “knowingly” withheld cash from suppliers to artificially prop up its results dominates the papers this morning.
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City snapshot: Sales fall at Britvic amid challenging grocery market
Sales have fallen 2.4% on an organic basis in the first quarter to £290.1m as a result of declines in the UK, French and international markets
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P&G sees 2% global organic sales rise in second quarter
P&G Procter & Gamble has returned to quarterly organic sales growth, revealing a 2% rise
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PZ Cussons shares plunge on emerging markets struggles
Shares in consumer goods manufacturer PZ Cussons fell almost 10% today after the company revealed its first half trading was hit by volatile conditions in emerging markets.
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David Robinson leaves Argos to join Conviviality Retail as MD
Off-licence group is restructuring its management in wake of Matthew Clark deal
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Tesco illegally deducted 'millions' in supplier payments, GCA reveals
Retailer also systematically delayed payments owed to food and drink companies, in some cases by more than two years
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Convenience sales drive Greencore Q1 revenues 7.2% higher
The group recorded revenue of £356m – 7.2% up on a reported basis and 6.8% ahead in constant currency
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Media Bites 26 Jan: Tesco, Fever Tree, Sainsbury's
Tesco faces more problems today as The Guardian wries that it will be reprimanded over its treatment of suppliers.
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Nisa store numbers boosted by My Local convenience contract
Nisa says focus on price and promotions is paying off in recruitment drive
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Fever-Tree shares surge on strong growth and earnings upgrade
Shares in Fever-Tree have leapt 7% in morning trading after it reported booming sales over the second half of the year resulting in a full year earnings that are “comfortably ahead of expectations”.
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Hedge fund teams up with Gudmundssons to acquire 89% Bakkavor stake
US hedge fund The Baupost Group has joined with brothers Agust and Lydur Gudmundsson to buy up 89% of Bakkavor for £163m