All articles by Harry Holmes – Page 8
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NewsSky Wave Gin exceeds £100k crowdfunding target for ‘global expansion’
It is the second crowdfunding round for the distillery, following a £200k raise in 2022
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NewsCity snapshot: Kerry Group profits up 8% as prices fall
Kerry said numerous markets remained subdued with performance normalising compared to recent history. Also, British wage growth accelerates
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NewsKerry Group sees profits boost ahead of dairy sell-off
Kerry agreed to sell its Irish dairy operation last year to help simplify the business to a pure ingredients company
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NewsOSI boosts UK presence with buyout of Karnova Food Group
Karnova Food Group was created last year with the merger of Yorkshire Premier Meat and Smithfield Murray
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NewsKraft Heinz posts fourth straight quarter of missed sales targets
The food giant is battling sluggish demand for its products
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NewsTate & Lyle shares plunge as price cuts hit revenue
The FTSE 250 company said profit growth will be towards the lower end of guidance
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NewsCity snapshot: Unilever and Nestlé give investors contrasting takeaways
Unilever and Nestlé are among several companies posting updates today, alongside Coca-Cola, British American Tobacco, Tate & Lyle and Applied Nutrition
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NewsBritish American Tobacco puts aside £6bn for Canadian lawsuit
A Quebec court ordered tobacco companies to compensate smokers for health problems
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NewsUnilever to list ice cream business in London, New York and Amsterdam
Unilever said the separation was on track to complete by the end of 2025
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NewsMosa Meat races past crowdfunding target in latest lab-grown beef push
It comes after the lab-grown meat pioneer raised $40m in an oversubscribed round last year
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NewsOatly upbeat on profitability despite missed targets
Oatly has executed a significant transformation in the past two years
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NewsJoe & Seph’s losses bulge in post-pandemic evolution
The gourmet popcorn maker said it is now back in the black and forecasting sales to grow over 20% next year
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NewsCity snapshot: Heineken reassures investors with strong results
Heineken says it is set for growth this year after beating its own profit growth guidance in 2024 thanks to a boost in beer sales. Also, Ella Mills buys Allplants brand from administration
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NewsHeineken beats profit forecasts as beer sales pick up
The world’s second-largest brewer saw beer sales return to growth having taken a hit the year before
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NewsCoca-Cola beats estimates as global demand rises
Its rival PepsiCo posted its third consecutive quarter of missed revenue forecasts last week
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NewsHain Celestial cuts forecasts after another poor quarter
Hain is now exploring a sale of its personal care business, made up of brands including Avalon Organics and Alba Botanica
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NewsCity snapshot: PZ Cussons shares up 11% despite profit plunge
The owner of Carex and Imperial Leather saw pre-tax profits fall 24% due to a huge depreciation in the Nigerian naira. Also, shoppers are trading down into own label ahead of more anticipated price hikes
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NewsPZ Cussons offers signs of hope amid Nigerian damage
After an eye-watering slide for the Nigerian naira, the currency is now enjoying a run of relative stability
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NewsKellanova’s profits surge ahead of Mars takeover
Mars’s takeover is imminent after the deal was approved by Kellanova’s shareholders
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NewsDiageo share price hangover drags on as tariff threat looms
Diageo gave a sobering read on Donald Trump’s burgeoning tariff war this week, blaming the White House for threatening to derail its recovery from a protracted post-Covid hangover