All articles by Harry Holmes – Page 8
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NewsCity snapshot: Pets at Home revenue slide continues while AG Barr fizzes
Pets at Home’s revenue drop in the third quarter. AG Barr sees double digit profit growth, and shop prices down for second consecutive month.
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NewsAG Barr profits rebound as core brands fizz
Rubicon was the stand-out performer with another year of double-digit growth.
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NewsPremier Foods share price gains continue thanks to strong Christmas
Premier Foods’ continued recovery looks to have assured investors it is fighting fit as markets increasingly back the group’s roster of brands
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NewsProcter & Gamble beats estimates as shoppers buy more
Net sales rose 2% in the three months to 31 December, the biggest increase in three trading quarters.
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NewsCity snapshot: ABF in choppy waters while Chapel Down shows signs of hope
Associated British Foods has cut its guidance for Primark in 2025 while THG says it’s on track after the demerger of its Ingenuity business. Chapel Down posts strong Christmas to offset tough year.
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NewsAssociated British Foods cuts guidance due to tough UK market
Morgan Stanley and Citi both lowered their ratings on ABF this week due to concerns over Primark’s sales outlook
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NewsGermany’s Formo raises €35m to scale up lab-made cheese
This latest round of funding brings Formo’s total financing to over €135m.
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NewsCompetition watchdog chair replaced by ex-Amazon boss
The competition watchdog failed to convince ministers it was sufficiently focused on growth
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NewsCity snapshot: Wetherspoons urges Starmer to tackle supermarket tax inequality
Wetherspoons boss Tim Martin said the rise in minimum wage, business rates, and national insurance in last year’s budget will cost the pub chain extra £60m per year.
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NewsAlphaPet Ventures adds JR Pet Products to growing roster
The acquisition is AlphaPet’s fourth since 2020 as it looks to become a leading provider of premium petfood
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NewsCooks Coffee UK expansion gets off to slow start
The owner of Esquires Coffee set out plans last year to hit 305 stores by 2035
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NewsOddbox moves closer to profitability after business reset
The wonky veg box company has seen sales falter with three successive years of falling revenues
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Category ReportCereal gets a spruce-up: cereals category report 2025
Britain’s biggest cereal brands have seen volume sales crumble in the face of soaring prices. How are they renovating their ranges?
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NewsCity snapshot: Premier Foods and Cranswick boosted by premium desire
Premier Foods raised its profit guidance after a strong Christmas quarter for its branded products, while Cranswick said its premium lines did ‘extremely well’.
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NewsPremier Foods lifts profit guidance after merry Christmas quarter
Premier said there was a notable increase in premium sales
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NewsCity snapshot: Bakkavor and Deliveroo look strong while Poundland woes go on
Bakkavor grew revenue by 4% last year despite strike disruption. Also, Deliveroo see “encouraging signs” from its souped up loyalty scheme while Poundland’s struggles continue.
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NewsBakkavor revenue grows 4% despite strike-fueled shortages
The UK continues to be Bakkavor’s strongest performing market
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NewsNichols on track to hit ambitious growth targets
Nichols set out ambitious medium-term growth targets in November, including revenue growth of 30% by 2029
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NewsCity snapshot: UK food inflation remains steady at 2%
It should ease pressure on Rachel Reeves but business groups continue to warn of higher prices later in the year. Also, Nichols posts strong UK growth and Fuller, Smith & Turner reports ‘excellent’ Christmas
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NewsLindt sees strong growth as price hikes offset record cocoa prices
Lindt said it was ‘a challenging year characterised by record-high cocoa costs’