All Finance articles – Page 7
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NewsDiageo: Accelerate cost savings programme ‘not about’ job cuts
Savings would come from reduced overheads, more targeted trade investment and A&P and supply chain efficiencies, Diageo said.
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NewsDiageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits were down almost 30%, below analyst’s expectations
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NewsMorrisons profits surge as focus on availability and value pay off
The supermarket attributed growth to ‘sharper prices, increased availability and an improved range'
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NewsMcDonald’s UK profits almost double amid 'broader focus on value'
McDonald’s UK posted pre-tax profit of £120m in 2024, up from £66.3m in 2023
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NewsMotor Fuel Group minority stake sold for £500m
The sale will place 21% of MFG’s equity under Apollo’s control, and Apollo will appoint a representative to MFG’s board of directors
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NewsVilla Maria owner invests in celebrity winemaker Invivo
Invivo will remain independently owned and operated by its co-founders Tim Lightbourne and Rob Cameron
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NewsKimberly-Clark scores strongest volume growth in five years
The Andrex maker consequently raised its profit forecast for the year having cut it in April
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NewsAsda to spend £12m on major upgrades to Yorkshire stores
Asda stores in Kingswood, Harrogate, York, Pudsey and Keighley will benefit from upgrades worth a total of £7.2m by the end of 2025
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NewsCampari warns US tariffs could result in €45m earnings hit
In its first six months of the year, Campari said its sales were up by just 0.1% to €1.53bn
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NewsKellanova profits slump further as US snack demand stagnates
The group narrowly reached overall revenue growth of 0.3% to $3.2bn in the second quarter of 2025
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Comment & OpinionWhy is Unilever spinning out its ice cream business?
The reason for the ice cream separation is that there are few synergies with the rest of Unilever’s portfolio, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsUnilever ice cream performance gives investors hope of turnaround progress
Unilever shareholders have reacted positively as the consumer goods giant outperformed City expectations today, signalling progress with its ongoing turnaround
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NewsSolid volume growth at Nichols backed by rapid African expansion
Nichols posted a rise in group revenues of 1.8% to £85.5m in the half year to 30 June 2025
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NewsAG Barr offloads Strathmore water to Welsh bottler Ty Nant
The deal, for an undisclosed sum, includes the Strathmore production site in Forfar near Dundee and saves the jobs of 23 staff at the business
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NewsRetail leaders in fear of tax rises as 42% say they have frozen recruitment
A BRC survey of chief financial officers and finance directors at retailers representing more than 9,000 stores found 85% had raised prices following tax increases in last year’s budget, and 65% expected to
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NewsMagnum Ice Cream Company appoints CEO ahead of Unilever demerger
An industry veteran, the newly appointed boss joined Unilever Ice Cream in 1988
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NewsVirgin Wines builds momentum despite market slowdown
In March, Virgin Wines said it would put £20m into “turbocharging” growth
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NewsAB InBev volumes hit by falling demand in Brazil and China
The company maintained its full-year outlook, guiding EBITDA growth for FY2025 would be between 4% and 8%
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NewsFood strategy harmony breaks down as IGD defends role in talks
Several industry sources have raised concerns over IGD’s role in the talks
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NewsChapel Down hails Easter promos and rosé listings for off-trade revival
The English sparkling winemaker said sales in the six months ended 30 June grew by 11% to £7.9m, in line with management expectations