All Finance articles – Page 686
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Applegreen to fuel its expansion with stock market flotation
Irish forecourt operator Applegreen is planning to expand its presence in the UK convenience and food-to-go market
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Costcutter investment is now paying off says Willson-Rymer
Costcutter’s recruitment pipeline “has never been stronger” CEO Darcy Willson-Rymer insists
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B&M Bargains rollout proceeding 'full steam ahead'
A near-30% jump in revenues to £1.65bn in its maiden year as a listed company saw analysts lining up to praise B&M Bargains
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City snapshot: Consumer confidence ebbs in May
After a strong recent run, consumer confidence took a hit in May, according to research from GfK. Also Waitrose weekly sales edge up, while ABF shares surge this morning and all the rest of the news from the City.
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Media bites 29 May: Tesco, Amazon, B&M
The relationship between retailers and their suppliers is to be scrutinised in the wake of the Tesco accounting scandal.
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LDC hungry for more food and drink investment from £1.2bn pot
Private equity house LDC has picked out the food and drink sector as a key area for investment after pledging £1.2bn of capital over three years to help accelerate growth among the UK’s mid-sized companies.
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B&M aims for 60 new locations on back of huge profit rise
Maiden full-year results see pre-tax profit climb 55.5% from £86.7m to £135m and adjusted EBITDA up 33.6% from £130.4m to £174.2m
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Paypoint profits up, promises new services for retailers
Payment services operator shows 7.7% increase in full-year pre-tax profit from £46m to £49.6m on net revenue up 8.3% from £113.7, to £123m
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Applegreen looks to raise €70m in London and Dublin dual flotation
Petrol forecourt operator Applegreen has unveiled plans for the first Irish retail flotation since the onset of the recession.
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City snapshot: Profits plunge by 30% at Tate & Lyle
Full-year profits and earnings have tumbled at sucralose producer Tate & Lyle after a “very challenging” year, revenues up almost 30% at B&M Bargains, Imperial Tobacco one of the FTSE’s biggest risers and the rest of the news from the City.
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Media bites 28 May: Tesco, Aldi, Imperial Tobacco
Tesco’s nightmare year has wiped $5bn off the value of its brand, new research has found
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Jigsaw Foods pieces together bank funding deal to fuel US growth
Sauce manufacturer Jigsaw Foods has secured a £4m bank funding package to help with the expansion of the business at home and abroad.
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Sales down by 1.1% at AG Barr in new financial year
Irn-Bru maker AG Barr has revealed a 1.1% dip in sales for the first 15 weeks of its new financial year.
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Family incomes up 10%, Asda report claims
In April, the average UK household had £187 a week of discretionary income, giving them an extra £17 to spend compared to a year ago
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City Snapshot: Sales slip at AG Barr
Revenues at Irn-Bru maker AG Barr have fallen 1.1% so far this year as the soft drinks group’s performance returned to more normal sales phasing compared with the strong first-half in 2014.
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Iglo's European sales up in Q1 but UK market remains tough
Newly acquired frozen foods business Iglo Group has reported a 2.3% slide in like-for-like sales in the first quarter.
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Robust growth for grocers but challenges remain – CBI
Food retailers reported “robust” growth in sales volumes in the year to May, according to the CBI’s latest quarterly survey.
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City Snapshot: Sales and EBITDA climb in Q2 for Findus
Frozen giant Findus Group has released an update for its second quarter, with sales up 2% and EBITDA climbing 17% on a year ago.
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Media Bites 26 May: High street, M&S, Suntory, Costcutter
It’s a slow start to the week following the long bank holiday weekend with little in the way of grocery news in the papers.
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Frozen food retailer Farmfoods plans England store surge
London and the South of England is growing territory for the retailer, which currently has more than 300 shops nationwide