latest – Page 166
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NewsMackie's of Scotland grows sales thanks to new chocolate bar range
Entering the chocolate bar market and a consumer shift towards premium ice cream has helped Mackie’s of Scotland boost sales by 7%.
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NewsGreggs rules out 'shrinkflation' as ingredient costs spiral
Greggs CEO Roger Whiteside has promised its staple sausage rolls won’t be affected by ‘shrinkflation’ as the chain seeks to combat the growing threat of rising ingredient prices.
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NewsCity snapshot: Greggs to cut manufacturing jobs as cost pressures mount
Greggs has reported another solid rise in annual sales and profitability, but has announced it will reduce its manufacturing staff base. Plus all the latest news from the City
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NewsMcColl’s vows to continue convenience acquisitions as store numbers break 1,000
McColl’s plans to continue its acquisitive push in the convenience grocery sector, despite having only received regulatory approval for its buyout of almost 300 Co-op stores in the weeks before Christmas.
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NewsAssociated British Food profits lifted by higher sugar prices
Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.
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NewsCity snapshot: Restructuring hits Adelie’s bottom line
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group after making a £15m opperating loss last year. Plus, Lily’s Kitchen, Unilever/Kraft Heinz and all the latest news from the City.
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NewsAdelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
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NewsCity snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
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NewsBranded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
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NewsHotel Chocolat's Angus Thirlwell on cocoa, Brexit and online
Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder
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NewsPark Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment
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NewsAsda like-for-like sales fall 2.9% in the fourth quarter
Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke
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NewsAlternative milk brand A2's global revenues leap 84%
Growth reflected “outstanding results” in A2’s Australia, New Zealand and Chinese markets
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NewsNestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …
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NewsSymington's sees £6m loss as cooking sauce brands struggle
A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsCity snapshot: Symington’s slumps to £6.1m annual loss
Symington’s has slumped to a loss as a raft of delisting for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsKraft Heinz promotional activity hurts European sales
Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.
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NewsNestlé downgrades growth target after challenging year
Sluggish performance put down to slowdown in Western markets during the second half of 2016
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NewsPepsiCo strength at home adds fizz to Q4 sales
PepsiCo boosted sales 5% in its fourth quarter to $19.5bn thanks to steady demand in its domestic US market and a 53rd week in the financial year.
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NewsActivia relaunch fails to turn around brand's fortunes for Danone
European sales are down 1.4% year-on-year, the French dairy giant says