All Finance articles – Page 8
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NewsValeo boosts underlying profits 25% despite lower Irish sales
Valeo Foods boosted its underlying operating profits by 25% in FY25, as the group’s strategic shift toward sweet treats brought in significant growth abroad
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NewsYeo Valley sales surge on yoghurt demand but margins squeezed
CEO Rob Sexton told The Grocer the investments in automation and production capacity would now support future economies of scale and further growth
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NewsBacardí blames rising duty burden as UK sales slide continues
The Bombay Sapphire supplier’s sales declined by a greater rate than in the year prior
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NewsGrowUp creditors owed £120m in vertical farming administration
A new report prepared by insolvency practitioners also revealed the price paid by former CEO Marcus Whately and PE backers to buy the vertical farming site in Kent
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NewsHarlech Foodservice sales surge to £30m as expansion pays off
Sales rocketed after Harlech opened new depots in south Wales and Shropshire
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NewsKenyan beer firm seeks to block Diageo EABL $2.3bn stake sale
Diageo’s planned EABL stake sale is the latest in a series of disposals by the group in Africa
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NewsOcado grows fastest amid shift to online Christmas ordering
Shoppers increasingly turned to delivery for the ‘big Christmas shop’ in 2025
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NewsApple and pear growers facing continued rising costs
New analysis commissioned by British Apples & Pears from Andersons Farm Consulting has revealed that persistent inflationary pressures across key areas of orchard management and post-harvest operations are still having an impact
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NewsCompleat Food Group sales pass £1bn for first time
Alongside organic growth, the performance was supported by a series of strategic acquisitions, including SK Foods and Zorba Foods and speciality food producer Harvey & Brockless in 2024
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NewsDalston’s raises £850k and hires new MD for growth push
Sorven Capital led the new round, and the funding will be used to expand distribution and support increased marketing and in-store activations
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NewsMorrisons to close Rathbones bakery with 115 jobs at risk
It’s the second time in two years Morrisons has announced it would close the Wakefield site, after a restructure last year failed to stem losses
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NewsUK distributor North South Wines swoops for When in Rome brand
When In Rome sells a range of Italian wines in the UK in sustainable packaging formats including cans, bag-in-box and paper bottles
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NewsChristmas volumes under pressure despite highest ever supermarket sales
Supermarket sales in December hit a record £13.8bn but volumes declined as growth came in below grocery inflation, with hard-pressed shoppers leaning heavily on promotions in the run-up to Christmas
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NewsFood prices rise at a faster pace in December
Rising food prices led to a rise in overall retail inflation in December and pushed shoppers to seek out savings ahead of Christmas, new data out this morning has revealed
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NewsGutsy Health secures £300k to boost mission to tackle gut health issues
Edinburgh-based Gutsy Health raised the money from Scottish angel investment syndicates Equity Gap and Apollo Informal Investments, and economic development agency Scottish Enterprise
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NewsPawd fetches £400k in seed round for dog supplements expansion
The London-based business plans to use the money to accelerate growth, expand brand awareness and help progress its mission to become the number one brand for treating anxiety in dogs
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NewsTGI Fridays plans pre-pack administration with stores and jobs at risk
A deal is expected to take place as early as next week, sources say
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NewsAldi beats Christmas records as shoppers flock to discounters
Sales at the chain increased 3% year on year to £1.7bn in the four weeks to Christmas Eve, with consumers spending £500m in the week leading up to Christmas, a rise of more than 5% versus the same period in 2024
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NewsCotswold Fayre falls to loss but 2025 sales set for ‘strong growth’
For the year to 31 March 2025, the group suffered a loss after tax of £514.2k
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NewsCosta Coffee losses double as value-led competition grows
Operating losses widened from £5.8m in 2023 to £13.5m in the year to 31 December 2024