All Finance articles – Page 708
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Analysis & Features
City News: Diageo unveils mixed results
Fittingly for a company whose products often wind up in cocktails, Diageo’s first-half results…
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News
Poultry packager looks to future strong growth after rescue deal
A fresh poultry supplier to the likes of Asda has been sold out of administration saving the jobs of the 22-strong workforce.
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Analysis & Features
Intense competition in UK grocery market driving food and beverage M&A
Fierce competition in UK grocery will be the main driving force behind an uptick in food and beverage M&A this year, according to new analysis by Grant Thornton.
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News
Strong Christmas for Cranswick but pig price deflation hits revenue
Deflation in pig prices has continued to act as a drag on Cranswick revenues in its third quarter but failed to make a dent in the group’s profits.
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News
Diageo sees improving sales trends despite first half revenue dip
Diageo CEO Ivan Menezes hailed an improved first half performance despite posting lower than expected sales this morning after a slowdown in Latin America and Asia.
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Analysis & Features
Bernstein: “In current shape, the UK does not need Morrisons”
Morrisons’ investors may be breathing a sigh of relief after the supermarket’s near 10% share price recovery so far this year, but Bernstein analyst Bruno Monteyne poured the coldest of waters on the retailer’s recovery today.
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News
Molson Coors sells its UK maltings business to Soufflet Group
Brewer Molson Coors UK has agreed to sell its maltings business to French agriculture group Soufflet.
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News
First Milk returns to annual profit after 15% sales boost
First Milk has reported a 15% hike in revenue and a return to profit in its financial results for the year ending 31 March 2014.
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News
Irn-Bru maker AG Barr outperforms soft drink market with sales up 5%
AG Barr has posted a final quarter trading performance “well ahead” of the soft drinks market with revenue growth of 5% for the period ended 25 January.
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Analysis & Features
Food-to-go continues to drive Greencore in 2015
Greencore posted a robust Q1 performance today but the best is yet to come from its food-to-go business in 2015.
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News
Largest family income increase for over five years means shoppers feel flush
Real wage growth from the fall of fuel and food puts the consumer of the front foot for the first time since the recession
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News
PZ Cussons profits hit by unrest in Nigeria
Profits at PZ Cussons have fallen as the Imperial Leather manufacturer continued to suffer from political unrest in Nigeria.
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News
Britvic first quarter revenues slide on tough UK trading conditions
Britvic has announced a 1.4% fall in GB revenues amid “challenging trading conditions”, but insists it remains confident of hitting full year profit expectations.
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News
Greencore registers sales rise despite challenges of the big four
Revenues jumped 3.6% at Greencore Group to £331.9m in the first quarter thanks to continued good growth in the UK food-to-go market and strong double-digit rises in the US.
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Analysis & Features
Tesco's corporate finance focus suggests more disposals are on the way
Tesco’s decision to beef up its in-house corporate finance is as clear an indication as any that the restructuring job at the under-pressure supermarket is far from over.
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News
Business booming for Tyrrells following Investcorp takeover
Premium snacks supplier Tyrrells has enjoyed booming sales in its first year…
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News
Food retailers issue record number of profit warnings in 2014
Listed UK food and drug retailers issued a record number of profit warnings in 2014 as the grocery sector came under attack from discounters.
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Analysis & Features
Premier Foods flying high as investors cling to shreds of good news
At first glance it may seem somewhat surprising to witness shares in Premier Foods flying today as its power brands once again failed to perform. What’s behind it?
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News
B&M Bargains' shares rise on Christmas sales uplift
B&M Bargains’ shares were up by over 5% this morning after it reported a like-for-like sales uplift of 4.5% in the 13 weeks to 27 December.
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News
Premier Foods shares soar as Mr Kipling puts in ‘stand-out’ performance
A stand-out performance from Mr Kipling has helped Premier Foods put the brakes on power brand slowdown.