All Finance articles – Page 7
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NewsJohn West returns to profit as costs stabilise
John West Foods has returned to profitability as the canned fish importer benefitted from falling input costs, according to accounts filed to Companies House
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NewsKTC Edibles tripled profits ahead of sale to Whitworths
Despite rising profits, revenue for KTC Edibles has dropped for the second year in a row
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NewsChapel Down sets sights on convenience stores in expansion drive
Chapel Down CEO James Pennefather said he saw ‘plenty of plenty headroom’ to accelerate the brand’s growth further.
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NewsCo-op cyberattack to cost £120m in lost profits
Co-op’s stores suffered widespread availability issues for two weeks in May
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NewsEnglish sake brewer Shogun Sakes raises £550k
Sake is flourishing in the UK with new specialised bars and breweries opening
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NewsHere We Flo picks up £3m funding round and Chelsea FC partnership
The £3m will be dedicated to marketing and working capital as the low-carbon, vegan and organic tampon and pad company Here We Flo seeks rapid expansion
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NewsChapel Down makes global drive to steal champagne’s fizz
The English winemaker is launching a new strategy under its new leadership team
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NewsGrenade slumps to a loss as revenue corrects off Oreo craze
Protein bar maker Grenade has collapsed into a loss, according to its company accounts, as revenue corrected sharply downwards from a 2023 growth spurt
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NewsMolson Coors names strategy whizz as new CEO
The new Molson Coors CEO will step up to replace Gavin Hattersley, taking up the post on 1 October
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NewsHeinz UK sales stabilise after troublesome few years
Heinz’s volumes fell almost 20% as shoppers turned to own-label ketchups and beans to save money
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NewsGerman pretzel chain Ditsch eyes hole in UK market with WorldBake deal
WorldBake’s team will transfer to a new company set up by Ditsch to take on WorldBake’s assets, client list and staff by the end of October
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NewsBRC warns government risks ‘losing the battle against inflation’
Food inflation hit 5.1% in August, inching higher than the 4.7% increase in wage growth averaged over May-July
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NewsRapidly growing Regal Foods snaps up Suncrest drinks brand
Regal said the purchase of Suncrest was a ‘milestone’ in its growth journey
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Analysis & FeaturesIs a strong year for dairy M&A a sign of a healthy sector?
Dairy’s ability to play into key consumer trends has heralded a busy year of deals, usually a sign of a sector in good health
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NewsPremier Foods backs Ambrosia porridge pot with £19m investment
Having already invested £9m since 2023 in new custard filling and high-speed packing lines, Premier will now put £10m into building a custard plant at Ambrosia’s Lifton site in Devon
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NewsFewer bidders eye Costa Coffee as Wagamama owner backs down
It is understood Coca-Cola and its advisers had marked last week as the deadline for indicative offers
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Comment & OpinionUrban Legend’s demise: self-fulfilling prophecy or cautionary tale?
What went wrong for Urban Legend? The name? The proposition? The science?
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NewsPladis sales break through £1bn barrier in the UK
The group said it continued to invest in its brands, accelerate the pace of innovation, execute well in market and implement programmes to reduce the supply chain cost base and develop talent
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NewsHot summer weather warms up retail sales
Retail sales in Britain have increased by slightly more then predicted by economists in August, according to official figures out this morning
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NewsConsumer confidence on the wane ahead of autumn budget
The long-running GfK consumer confidence index fell by two points to –19 in September