All articles by Harry Holmes – Page 12
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NewsCity snapshot: Boots owner closing in on $10bn private equity takeover
Walgreens Boots Alliance is reportedly closing in on a deal worth $10bn to be taken private by a US private equity firm. Also, Valentine’s Day was bigger than ever this year, according to NIQ
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NewsGreggs CEO defends bakery chain’s health record
The chain hopes new foods like fish finger sandwiches, chicken wraps, and chicken burgers can help draw greater sales after 4pm
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NewsNomad Foods back on track after major tech disruption
Nomad Foods’ share price rose 5% on Monday after reporting its fourth-quarter results
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NewsCity snapshot: Greggs shares plummet 10% as slowdown continues
Greggs’ slowdown has been worrying investors since it posted disappointing results in January. Also, Bakkavor and Kitwave report strong annual results.
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NewsKitwave revenue grows 10% due to latest buying spree
The AIM-listed business completed the acquisition of three businesses last year
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NewsGreggs’ sales top £2bn but slowdown continues
Greggs’ share price plummeted 10% in January after the chain disappointed investors
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NewsBeyond Meat cuts jobs and suspends China operations in bid to reduce costs
Beyond Meat is cutting its expenses over the next two years in a bid to turn a profit by the end of 2026
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NewsMackie’s profits on the rise amid supermarket success
The bulk of its growth was driven by extra listings for its ice cream in supermarkets like Tesco and Sainsbury’s
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NewsEG Group’s profits lift ahead of expected IPO
An initial public offering could value the business at about $13bn
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NewsCity snapshot: Ocado share price down 10% in early trading
Ocado published its full-year results this morning. Haleon’s share price has also taken a hit after its revenues slipped 0.6% last year
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NewsOcado’s strong grocery sales help cut losses
Ocado Retail, its joint venture with M&S, saw revenue jump 13.9% last year
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NewsHaleon profits rise as toothpaste and vitamins given boost
The Sensodyne owner was spun off from drugmaker GSK in 2022
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NewsCrosta Mollica turnover soars following private equity buyout
Crosta Mollica launched its first pizzas in 2009 and these continue to be its biggest strength
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NewsThatchers bucks falling cider sales to notch record year
Thatchers’ market share is now almost 20% as it took sales from cheaper rivals such as Strongbow
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NewsTaylors Snacks sales swell following Mackie’s exit
The Taylor family initially launched a range of crisps in 2009 as a joint venture with Scottish food group Mackie’s
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NewsDanone confident in turnaround as sales surpass expectations
Danone wants to be ‘a truly science‑based, consumer and patient‑centric company’
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NewsCity snapshot: AB InBev revenue hits record high
AB InBev’s revenue was boosted by more expensive beers although a 19% fall in volumes in China could worry some investors. Also, Glanbia reports full-year results
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NewsGlanbia sales pumped by shoppers’ taste for protein
Optimum Nutrition and Isopure, two of Glanbia’s core protein brands, both delivered double-digit volume growth
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NewsSalford Rum crowdfunds £250k in less than one hour
The rum is listed in Morrisons, Waitrose and Co-op, with the business valued at £2.7m
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NewsEnglish winemaker Gusbourne board backs move to go private
The idea was initiated by majority shareholder and former Conservative politician Lord Ashcroft earlier this month