All articles by Alec Mattinson – Page 130
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Analysis & FeaturesOC&C Top 150 2018: On the edge
No sooner has the industry’s growth engine finally spluttered into life, than suppliers find themselves hurtling towards a potential no-deal Brexit
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NewsAG Barr defies soft drinks headwinds to post sales jump
Customers may have kicked up a stink about the reformulation of AG Barr’s Irn-Bru, but the soft drinks maker kept sales bubbling in the first half despite the UK sugar levy and CO2 shortage.
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NewsOC&C report reveals highest supplier growth since 2009
Profit margins among the Top 150 are suffering amid escalating input and labour costs
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NewsCity snapshot: Gusbourne's losses grow as it invests in double-digit growth
AIM-listed English wine producer Gusbourne has posted double-digit growth in the first half of 2018, but losses grew due to investment in capacity. Plus all the rest of the latest news from the City.
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NewsMedia Bites 27 Sep: Brexit, Unilever, Amazon
Food import prices are set to rocket under a no-deal Brexit as punitive EU trade tariffs are slapped on food shipped in from abroad.
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NewsCity snapshot: SSP Group shrugs off weak rail sector to post full-year growth
Travel food to go specialist SSP Group (SSPG) expects to post full-year like-for-like growth of between 2%-3% after a solid fourth quarter
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NewsMedia Bites 26 Sep: Unilever, Next/Brexit, Hotel Chocolat
Executives at Unilever have come out fighting in the battle to convince its shareholders to back plans for a single headquarters in the Netherlands.
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NewsGilberts Foods falls into administration
The Heysham-based business appointed Cowgill Holloway Business Recovery as administrator on 4 September…
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NewsCommodity price hikes dent profits at UB and Finsbury Food
Brexit-related commodity inflation has eaten into the profits of two more major UK food suppliers, according to figures released this week.
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Analysis & FeaturesNestlé continues restructure with skincare sale
The move marks the latest attempt to reshape its portfolio to focus more on food, drink and nutritional health products…
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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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NewsMedia Bites 20 Sep: Tesco/Jack's, Sainsbury's/Asda, Unilever
“Drastic Dave brings back Slasher Jack” is the headline in The Times as the papers focus heavily on the launch of Tesco’s discount proposition to rival Aldi and Lidl.
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NewsOcado third quarter sales rise 11.5%
Ocado has posted an 11.5% retail sales rise in its third quarter, driven by a double-digit rise in customer numbers.
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NewsGlow of summer grocery sales boom begins to fade
The hot weather triggered a bumper summer for the grocers, but the latest market share data suggests spending has slowed in more recent weeks.
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NewsMedia Bites 18 Sep: Unilever, Coca-Cola, Finsbury Food Group
Another leading shareholder in Unilever has hit out at the consumer group’s plan to move its headquarters to the Netherlands.
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Analysis & FeaturesMorrisons' shares slide despite quarterly sales jump
Morrisons posted its best sales quarter for nine years and announced a special dividend gift to investors, but the hard-to-please City still sent the supermarket’s shares into the red.
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NewsCo-op food sales boosted by more competitive prices
Food retail like-for-like sales were up 4.4% in the first six months of the year
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NewsNespresso drives up Nestlé UK sales as petfood struggles
Nestlé posted a 3.6% rise in UK sales last year, with its Nespresso brand posting double-digit growth, but profits fell back as its key petfood division struggled.
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NewsInnocent Drinks sales boosted by international growth surge
The UK’s biggest smoothie maker Innocent Drinks has posted annual revenue growth of 22% as surging international sales boosted sales to almost £370m.
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NewsCity snapshot: Co-op Group first half sales up 10% as food and Nisa deal drive growth
The Co-op Group has this morning announced a 10% rise in first half sales to £5bn driven by strong like for like food sales growth and its acquisition of Nisa. Plus, Connect Group, the logistics company spun out of WH Smith, has announced a profit warning and all the rest of the latest news from the City.