latest – Page 189
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NewsReckitt Benckiser targets margin expansion with "project supercharge" efficiency drive
Reckitt Benckiser is embarking on a major cost efficiency drive after beating market expectations with 4% full-year revenue growth.
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NewsInnocent consolidation hurts Coca-Cola's European results
The consolidation of the Innocent juice and smoothie business impacted The Coca-Cola Company’s financial performance in Europe last year. The company said the consolidation of Innocent unfavourably hit operating margins because of the higher cost structure associated with finished goods businesses and because of Coca-Cola’s level of ...
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NewsMillerCoors CEO Tom Long to retire in June
Tom Long is to retire as CEO at MillerCoors at the end of June sparking a search for a succesor by the brewing business.
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NewsRouble devaluation hits Metro's first quarter earnings
German retail giant Metro experienced a 2.2% fall in reported group sales as the sharp drop in the value of the Russian rouble hit its first quarter trading.
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NewsDiageo CEO Ivan Menezes backs firm with $1m share purchase
Diageo (DGE) may be fighting a global drop in sales volumes, but CEO Ivan Menezes seems to have placed a bet on the spirit group’s share price rising after investing over $1m in Diageo shares.
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NewsOcado divides City opinion despite turning first profit
Few companies split opinion more in the grocery sector than Ocado…
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NewsTim Steiner: Ocado better-placed than Tesco to face deflation
Ocado is in a “much better position” to weather the storm of deflation and gross margin attrition than Tesco…
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NewsPartner in Pet Food trebles its UK sales after Tesco supply deal
European petfood supplier Partner in Pet Food (PPF) has trebled its UK sales in the past year after securing a deal to supply Tesco with own-label dry and wet foods.
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NewsTate & Lyle issues another profits warning on US sweetener weakness
Sucralose producer Tate & Lyle (TATE) has cut profit guidance for the third time in a year as it suffers from low US volumes and low sweetener prices.
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NewsCity snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.
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NewsCost cutting drives profit growth at McBride
Private label household goods firm McBride has reported a 4.1% revenues fall to £364.7m in the six months to 31 December 2014.
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NewsCity Snapshot: Dairy Crest in talks with CMA to push through Müller sale
Dairy Crest holds its breath as it awaits watchdog review of Müller sale. Plus McBride’s first half results and the latest share price movements.
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NewsConsumer healthcare sales dip at GSK in 2014
GlaxoSmithKline’s (GSK) consumer healthcare revenues dipped by 1% last year as the global pharma giant struggled to overcome supply chain problems in the US and Europe.
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NewsOcado reports its first annual profit in 15 years of trading
Online grocer Ocado has, as expected, posted its first annual profit since it started operating 15 years ago as revenue jumped by almost 20% compared with 2013.
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NewsSSP boss Kate Swann got £3.8m in IPO bonuses
The boss of SSP, CEO Kate Swann, received bonuses worth £3.8m from its successful stock market listing in July 2014
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NewsCake Angels' Fiddes Payne flies high on rising sales & profits
Fiddes Payne, tipped by dealmakers as a takeover target this year, has highlighted its potential to prospective buyers…
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News'Organic opportunity' to save milk category
Organic milk offers a chance to add value to the declining milk category but needs more support at retail…
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NewsStrong Christmas for Cranswick but pig price deflation hits revenue
Deflation in pig prices has continued to act as a drag on Cranswick revenues in its third quarter but failed to make a dent in the group’s profits.
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NewsDiageo sees improving sales trends despite first half revenue dip
Diageo CEO Ivan Menezes hailed an improved first half performance despite posting lower than expected sales this morning after a slowdown in Latin America and Asia.
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NewsFirst Milk returns to annual profit after 15% sales boost
First Milk has reported a 15% hike in revenue and a return to profit in its financial results for the year ending 31 March 2014.