Mark Schneider news, comment and analysis – Page 5
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NewsCity snapshot: US recovery helps Nestlé post 3.6% first half organic growth
Nestlé has reported strong organic growth of 3.6% in the first half of the year led by overall volume growth and an improvement in US trading. Plus, Casino ups debt reduction target, Mothercare margins hit by UK retail weakness and all the rest of the latest news from the City.
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Comment & OpinionBeyond Meat shows potential of plant-based but don't count out Nestlé
The addressable market for plant-based meat could be $140bn within a decade, says Barclays’ Warren Ackerman
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NewsNestlé streamlining continues with sale of Skin Health
Elsewhere, Greggs shares jumped to their highest-ever level after its fourth profits upgrade in five months
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NewsMedia Bites: Asda, Deliveroo/Amazon, Pret a Manger/Eat, Waitrose
Asda’s American owners have warned of an “incredibly challenging backdrop” after reporting a slip in quarterly sales and regulators torpedoed its merger plans with rival Sainsbury’s.
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NewsNestlé beats first quarter sales expecations on strong US and Brazilian growth
Consumer giant Nestlé posted first quarter organic growth ahead of expectations after a strong performance in the US and Brazil.
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NewsCity snapshot: Unilever’s first quarter sales beat expectations
Unilever has topped City expectations with underlying sales growth of 3.1% in the first three months of the year. Plus, Nestlé posts first quarter organic growth ahead of forecasts this morning and all the rest of the latest news from the City.
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NewsCity snapshot: Patisserie Valerie rescued via an MBO
A deal was struck with administrators KPMG in the early hours of this morning
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NewsCity snapshot: Patisserie Valerie rescued via an MBO
Patisserie Valerie has been bought out of administration by the new management team. Plus, Nestlé is exploring sale options for its Herta charcuterie business and all the rest of the latest news from the City.
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NewsNestlé reveals actions to meet 100% recyclable commitment
The food and drink giant intends to phase out all plastics between 2020 and 2025 that are not recyclable or are hard to recycle
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NewsUnilever to invest €100k in plastic-free laundry tablet
The planned innovation was one of 10 ideas to emerge from a recent one-day ‘hackathon’
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Analysis & FeaturesPower list: the most influential shareholders in grocery
The influential activist investors worming their way into boardrooms across the globe
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NewsMedia bites 20 November: Consumer spending, Energy drinks, Beyond Meat
Online shopping and food retailers are forecast to be the winners this Christmas as consumers keep a tight rein on spending on clothing, homewares and other non-food items
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NewsFmcg suppliers make new global commitment on plastics
The Ellen MacArthur Foundation today (29 October) launched its New Plastics Economy Global Commitment
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NewsMedia bites 19 October: Tesco, mad cow disease, Coca-Cola
Sir Terry Leahy has endorsed Dave Lewis, Tesco’s chief executive, saying that he has rebuilt confidence and financial strength at the supermarket chain after years of decline
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NewsCity snapshot: Warm summer helps lift sales growth at Unilever
Warm weather and recovery in Brazil boosts sales at Unilever, and Hilton Food Group acquires 50% stake in Dalco Food
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NewsMedia Bites 21 Sept: Retail Sales, Diageo, Deliveroo
The hot summer and a recovery in real incomes have given Britain’s struggling retailers a reprieve
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NewsEmerging markets volatility to hit Diageo’s profits
Weakness across a basket of emerging markets currencies is expected to reduce Diageo’s 2019 sales and profits, CEO Ivan Menezes has announced this morning.
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NewsCity snapshot: Nestlé completes $7.1bn global Starbucks deal
Nestlé has announced the completions of its US$7.1bn deal to acquire the perpetual global license to produce Starbucks branded products across the world. Plus all the rest of the latest news from the City.
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NewsMedia Bites: Nestlé, Diageo and stockpiling food
Shares in Switzerland’s Nestlé rose yesterday after better sales in the US and China helped chief executive Mark Schneider pep up the performance of the world’s largest food and drinks group
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NewsCity snapshot: Nestlé reports first half organic growth of 2.8%
Swiss food giant Nestlé has reported it is on course to hit full year growth targets after reporting organic growth of 2.8% in the first half. Plus, on a hectic morning, AB InBev has reported second quarter revenue growth of 4.7% largely driven by pricing, Diageo announces 0.9% full year sales growth and new share buyback, updates from British American Tobacco and PayPoint and all the rest of the latest news from the City.