All Finance articles – Page 664
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Analysis & FeaturesOC&C Global 50: International expansion still holds key for struggling tobacco firms
Revenues and margins both fell for the globe’s biggest tobacco firms last year according to the OC&C Global 50, but an industry struggling with declining cigarette volumes is still looking to new markets to underpin future growth.
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NewsBig four building less than a third of planned stores
Figures show that just 32 per cent of projects submitted for planning permission by big four have been built
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NewsLidl sales climb £700m to record £4bn as new HQ plans unveiled
Lidl has hiked its UK sales by £700m to a record £4bn for the 2014 financial year as more shoppers desert the mainstream grocers for the discounters
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NewsCity Snapshot: Carr's food volumes hold up
Volumes in Carr’s Group food division, which supplies flour to the likes of Warburtons, are ahead of a year ago
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NewsSquare Pie targets £2m from launch of ‘pie bond’
Gourmet pie business Square Pie, which has listings in Tesco and Ocado is aiming to raise up to £2m from a crowdfunding campaign to add new products to its supermarket range.
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NewsAcquisitions drive Lindt’s first half sales up 17.4%
Swiss chocolate maker Lindt saw revenues grow by 17.4% in the first half of the year, largely thanks to its acquisition of US confectionery firm Russell Stover.
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NewsMüller and Dairy Crest deal decision could come next month
Dairy Crest confirm a further update on the deal’s progress is due on 21 August
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NewsCity Snapshot: Dairy Crest reports strong cheese quarter
Dairy Crest says its expectations are unchanged on the back of strong cheese growth, while Ferrero reaches 72% of Thorntons ownership
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NewsMedia Bites 14 July: Living wage, Tesco, GCA, Bargain Booze
George Osborne’s new national living wage is likely to lead to higher prices at the supermarket checkout, according to Moody’s. Plus Tesco brings in new click & collect charges, the GCA asks questions of Morrisons and profits and sales rise at Conviviality retail.
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Analysis & FeaturesConviviality Retails sidesteps takeover questions to focus on growth story
Conviviality Retail sought to shake any shadow potentially cast over today’s full-year results by the headline-grabbing reverse takeover bid of wine wholesale Matthew Clark by refusing to answer any questions on the subject.
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Analysis & FeaturesOC&C Global 50: Alcohol sales go flat but time not yet called on global potential
On the surface the global alcohol giants were amongst the worst performers in the 2015 OC&C Global 50, but the sector still looks well positioned for longer-term global growth.
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NewsBargain Booze owner lays foundations for growth
Conviviality Retail boss Diana Hunter has said the group is in a “strong position” to grow in the coming years after the Bargain Booze owner increased revenues 2.4% to £364.1m.
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NewsMedia Bites 13 July: Unilever, Conviviality, Fever Tree
Unilever is reported to have started a search for its next chairman, with Michael Treschow expected to step down.
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NewsCity snapshot: Full-year profits up 4.4% at Conviviality Retail
Conviviality Retail (CVR) has posted a 4.4% rise in pre-tax profits to £9.7m, plus the FTSE is boosted by the new agreement this morning between eurozone leaders and Greece.
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NewsConviviality Retail confirms bid for Matthew Clark
Conviviality Retail has emerged as a front runner in the £200m sale of specialist wine wholesaler Matthew Clark…
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NewsBooker shares down following 'subdued' numbers
Booker has been a standout City performer over the past year, but its shares fell this week
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ProfilesUnilever's Paul Polman on the future of global fmcg
Unilever CEO Paul Polman gives his views on the challenges facing global fmcg gaints following the publication of the OC&C Global 50.
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NewsArla biggest riser in tough year for Global OC&C 50
Danish dairy firm Arla Foods is the biggest riser in The Grocer’s annual ranking of the world’s largest fmcg suppliers…
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Analysis & FeaturesOC&C Global 50: the giant slowdown
The latest Global 50 rankings by OC&C reveals the biggest fmcg suppliers are struggling to grow both turnover and margins…
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NewsGreencore to roll out new IT systems
Greencore is to automate its accounts-payable processes to manage 360,000 invoices a year…