All Finance articles – Page 689
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News
City snapshot: Beer revenues up 9% at Marston's
carBrewing revenues were up 9% for Hobgoblin and Pedigree maker Marston’s in the first half, strong food sales drive Mitchells & Butlers first half revenues and all the rest of the news from the City.
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Ales By Mail brewing huge growth
On the back of 88% growth in Q1, the online beer retailer launches first pop up beer shop in London
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City snapshot: Profits fall at Magners owner C&C Group
C&C Group has reported a 9.2% decline in full-year operating profit to €115m (£82.6m).
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Media bites 13 May: Tesco, The Co-operative Group, Ahold
Tesco’s decision to close its six remaining Homeplus stores gets plenty of column inches in today’s business pages.
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Birds Eye owner Nomad brings in former Delhaize exec as CEO
New Birds Eye owner Nomad Holdings has appointed former ABInBev and Delhaize exec Stéfan Descheemaeker as CEO as it looks to grow its portfolio of international food investments.
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Delhaize and Ahold confirm merger talks
Belgian supermarket group Delhaize has confirmed this morning it is in merger talks with Dutch contemporary Ahold.
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City snapshot: Glanbia hit by falling dairy prices
Irish food group Glanbia has seen a 3.6% constant currency revenue fall in the three months to 4 April, Hilton Food Group in line with expectations and the FTSE opens lower.
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Media bites 12 May: Tesco, Ahold, Tate & Lyle
Tesco’s decision to axe PwC as its auditor after 32 years gets plenty of column inches in today’s papers.
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Analysis & Features
Lamb price crash not due to New Zealand imports
UK lamb prices plummeted by 20% in the last two weeks of April – prompting British farmers to hit out at New Zealand impor…
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Bargain Booze sales slip, but Conviviality profits rise by 2.3%
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, but a dip in like-for-like sales as it fought against a slower than expected rate of store openings and heavy discounting in the alcohol retail sector.
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Media bites 11 May: Dunnhumby, Tesco Mobile, Sainsbury's
US consumer research giant Nielsen is poised to plunge into the £2bn auction for Dunnhumby, according to the Sunday Times.
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City snapshot: Conviviality Retail revenues up despite sector discounting
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, supermarket shares start the week up and all the latest news from the City.
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News
Kettle Foods notches up 31% pre-tax profit increase
Newly filed accounts at Companies House reveal Kettle Foods’ pre-tax profit leapt from £9.2m to £12.1m, with turnover rising from £81.3m to £84m in the year to 31 July 2014
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Analysis & Features
Welcome political stability may prove to be short-lived
Many of the leaders of the UK grocery industry will be breathing a sigh of relief today as the general election results sink in.
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News
Twinings boss joins Kingsmill
Jon Jenkins is leaving the tea supplier to lead Kingsmill owner Allied Milling and Baking
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Media bites 8 May: Morrisons, SABMiller, Ocado
The new chief executive of Wm Morrison has pledged to listen to the supermarket chain’s customers and staff
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City snapshot: Shares jump on surprise election result
The FTSE 100 index has surged by 2% in early trading after the British electorate has seemingly returned a majority Conservative government
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News
Large bread loaves 15p cheaper due to supermarket price wars
Supermarket price wars have sliced 15p off the average price of a loaf of bread in the past 12 months…
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Analysis & Features
UK beef, lamb and pork prices down
UK beef prices continue to fall due to increased slaughterings from a larger steer herd…
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News
Media Bites 7 May: Sainsbury's, Imperial Tobacco, Poundland
The papers have seized upon CEO Mike Coupe’s contention that the growth of the discounters Aldi and Lidl is slowing down.