All Finance articles – Page 708
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Analysis & Features
OC&C 150: Survival of the fastest
If the UK’s food and drink producers did not realise they had been experiencing a momentary calm before the storm, they are now in little doubt a category five hurricane is upon them.
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News
Morrisons honours dividend pledge despite plummeting profits
Morrisons’ underlying profits before tax plunged 51% to £181m in the six months to 3 August…
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News
Waitrose 'right to join price war' despite profit fall
Waitrose MD Mark Price insisted the supermarket was right to respond to competitors’ price cuts…
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News
RH Amar targets 'even greater success' for Mary Berry brand
RH Amar has vowed to drive the Mary Berry brand to “even greater success” after buying Mary Berry & Daughter…
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News
Glorious! soup-maker TSC Foods Group in 36% profit boost
TSC Foods Group saw a 36% boost to pre-tax profit in the year before it was bought by The Billington Group…
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News
SMEs outperform fmcg giants in UK 150 report
Small and medium-sized UK food and drink suppliers are outmanoeuvring their multinational competitors,…
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Analysis & Features
Thorntons bets the shop on life as a supplier
Is life easier as a fmcg retailer or supplier? Thorntons has bet the shop on the answer being the latter.
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News
McBride’s full-year sales hurt by brand promotions
An explosion of promotional activity on branded goods has hit the performance of private label specialist McBride in the year to the end of June.
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News
Thorntons profits jump 60% as fmcg focus pays off
Thorntons has announced a 60.4% increase in full-year profits as its pledged to grow its global business to rebalance the company away from UK retail to become an international fmcg firm.
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Analysis & Features
UK food and drink M&A numbers drop as supply lags demand
Now we’re back from the summer malaise, the food and drink M&A market is spluttering into life once more.
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News
Fyffes and Chiquita postpone shareholder votes
The protracted merger of banana producers Fyffes and Chiquita is no nearer a conclusion after the pair postponed shareholder votes to approve the deal.
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News
Hilton Food Group hit by currency movement and lower meat prices
Meat packing firm Hilton Food Group saw a fall in first half revenues despite rising volumes as currency movement and lower raw material prices took their toll.
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Analysis & Features
ABF's grocery business stabilises in Primark's shadow
Associated British Food’s grocery sales will fall this year, but underlying performance provides more reason for cheer/
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News
ABF weighed down by weak sugar sales
Associated British Foods expects to see improved full-year profits despite “substantially lower” revenues and earnings from its sugar business.
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News
Red Bull blames economy and competition for falling turnover
The UK arm of Red Bull has laid the blame for a 2.5% drop in turnover last year on “difficult economic and competitive fac…
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News
Dr Oetker back in profit following increased focus on own label
Dr Oetker bounced back into profit in the UK after posting a pre-tax profit of £165,000 compared with a £2.4m loss in 2012…
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Analysis & Features
How realistic are suppliers' bullish growth expectations?
The supermarket price war should logically result in retailers turning the screw on food and drink producers, but suppliers are rather more upbeat about their own growth prospects.
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News
Birds Eye operating profits rise in spite of horsemeat scandal
Birds Eye shook off the impact of Horsegate to post a 15.8% increase in operating profit last year…
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Analysis & Features
Tesco struggles for momentum as Dave Lewis takes the reins
If Dave Lewis were under any misapprehensions as to the size of the challenge, his first week will have set him straight…
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Analysis & Features
Slimmed down Co-op Group is finally on the up
A slide on The Co-operative Group’s interim results presentation this morning highlighted just how drastically the society has changed in the last 18 months.