George Weston – Page 4
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NewsCity snapshot: Marks & Spencer pins turnaround hopes on food
Marks & Spencer is planning to accelerate the rollout of its food stores and reduce its clothing offer as it seeks to turn around the struggling business and rebuild profits
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Analysis & FeaturesWhat sugar can tell us about the Brexit debate
There’s another battle going on in sugar. And for the players involved staying or leaving could determine their futures
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Analysis & FeaturesMany firms utterly unready for making your mind up time
The food and drinks industry still feels utterly unprepared to cast their vote
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NewsMedia Bites 20 April: Which?, ABF, Pret A Manger, Premier Foods
A new investigation by consumer group Which? makes headlines this morning after it revealed food giants and supermarkets are still shrinking the size of popular items and increasing prices.
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NewsABF records small sugar profit but revenues decline
Sales have been hit by exchange rates at ABF in the first half
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Analysis & FeaturesGeorge Weston, ABF CEO (8)
Sugar has been the biggest blight on ABF’s fortunes in recent years, but the malaise has spread
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NewsABF's quarterly revenues up 3% at constant currency
Associated British Foods (ABF) has reported a 3% uptick in group revenue in the 16 weeks to 2 January at constant currency, but revenues fell by 2% behind at actual exchange rates.
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NewsABF says worst is over as sugar crash takes toll on profits
ABF boss George Weston is confident its sugar woes are in the past
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NewsMedia Bites 4 November: AB Inbev, SABMiller, ABF, Tesco, Imperial Tobacco
AB InBev and SABMiller continue to be the focus of attention as they thrash out details of the £68bn takeover; ABF profits sour on sugar woes but Primark is set to expand in the US; and Imperial Tobacco boss plays down break up rumours.
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News
Sugar woes and currencies hit profits at ABF
Associated British Foods (ABF) has recorded a 6% fall in adjusted full year operating profit as a collapse in profitability of its sugar division hit overall earnings.
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NewsCity snapshot: ABF sales and profits slip but sugar woes better than feared
Revenues and profits slipped at Associated British Foods as the retail and grocery group struggled with food commodity deflation and significant swings in currency markets.
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NewsMedia Bites 22 Oct: Coca-Cola, Starbucks, Waitrose
Coca-Cola hit by strong dollar and Starbucks suffers EU tax blow…
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NewsABF: Kingsmill loaves lost from Tesco have already been replaced
FD John Bason said the Allied Bakeries subsidiary had already replaced the lost business
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NewsAssociated British Foods stock falters as sugar woes hit
Shares in Associated British Foods have slipped back 4.7% to 2,735p
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NewsCity Snapshot: Profits tumble at Associated British Foods thanks to sugar business
ABF CEO puts brave face on half-year results
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Comment & OpinionLabour manifesto: Miliband strikes an uneasy relationship with business
With pledges on NMW, business rates, the GCA and action on sugar, today’s launch didn’t clear much up for the industry
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Analysis & Features
4. George Weston, CEO, ABF
ABP’s Allied Bakeries business is in the thick of the bloody price war currently raging among the supermarkets
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NewsABF warns of pressure on its sugar business until 2016
Associated British Foods has warned its sugar business will remain under pressure until 2016…
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Analysis & FeaturesReasons for optimism over ABF's grocery performance despite sugar troubles
Associated British Foods’ earnings announcements have followed a similar pattern of late - Primark good, sugar bad.
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NewsAldi and Lidl fortunes revealed in first Rich List
The discounters may be upstart challengers in the UK grocery fight, but the businessmen behind them are anything but…