All articles by Alec Mattinson – Page 134
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NewsCoca-Cola grows organic second quarter sales by 5%
Soft drinks giant Coca-Cola Company (KO) has reported 5% growth of organic sales in the three months to the end of the June, though headline revenues fell 8% due to the refranchising of its bottling operations.
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NewsCO2 shortage hits Britvic's third quarter sales
Britvic has reported a 3.4% increase in third quarter revenues to £366.9m, though revenue excluding the soft drinks levy fell 0.6% in the period as the CO2 shortage hit sales.
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NewsFever-Tree raises full year earnings expectations after strong first half
Fever-Tree expects its full year results to be “comfortably ahead of expectations” after posting first half revenue growth of 45%.
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NewsWorld Cup and hot weather drive supermarket sales surge
Grocery sales have jumped 3.6% in the 12 weeks to 15 July as the World Cup and the prolonged hot weather boosted trading according to Kantar Worldpanel.
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NewsMedia Bites 24 July: Tesco, McColl's, Heineken
Tesco is hiring staff for a new chain of discount stores called Jack’s as it seeks to face down budget rivals Aldi and Lidl.
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NewsEnco sales and profits hit by stalling Nurishment performance
Newly filed accounts for the Grace Foods UK-owned supplier show 2017 sales dropped by 2.7% to £48.5m.
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NewsOasis calls for change at Premier after Darby's re-election
On Wednesday Darby won the motion to re-elect him to the board by a margin of 58.9% to 41.1%
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NewsIntersnack picks up Popchips as market for snacks hots up
The flurry of dealmaking in the UK bagged snacks sector has continued unabated with Intersnack snapping up Popchips in Europe and other crisp makers subject to bid interest.
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NewsCity snapshot: Manomasa maker It's All Good eyes sale options
After a flurry of dealmaking in the UK bagged snacks sector, The Grocer understands Manomasa and Mexican Dave’s owner It’s All Good is also exploring sale options.
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NewsMedia Bites 20 July: Retail sales, Poundworld, Unilever
The World Cup and heatwave has fuelled a drink and food supermarket sales surge, representing the highest growth since 2001.
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NewsCity snapshot: Brazil truckers strike hits Unilever's Q2 growth
Unilever has posted underlying sales growth of 2.5% in the first half of the year after organic growth slowed to 1.9% in the second quarter, excluding its spreads business. Plus, strong Vimto sales boost Nichols’ first half, trading updates from Hilton Food Group and Science in Sport and all the rest of the latest news from the City.
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NewsMedia Bites 19 July: Premier Foods, Hotel Chocolat, Plastic packaging
Embattled Premier Foods chief executive Gavin Darby narrowly survived a vote to oust him at a torrid annual meeting
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NewsPremier Foods CEO Gavin Darby survives re-election vote
Premier Foods boss Gavin Darby has narrowly survived an attempt by an activist shareholder to oust him at the group’s annual general meeting today.
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NewsCity snapshot: Premier Foods' growth slows ahead of crunch AGM
Premier Foods has announced first quarter sales growth of 1.7% ahead of a crucial shareholder vote on the future of CEO Gavin Darby later this morning. Plus, Hotel Chocolat Group grows revenues by 12% in the year to 1 July 2018, M&S signs energy supply deal with Octopus, Real Good Foods to raise £1m from investors and all the rest of the latest news from the City.
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NewsMedia Bites 18 July: Asda, Poundworld, Premier Foods, Greene King
Supermarket giant Asda has put 261 jobs in the firing line over plans to axe a home delivery packing centre in North London.
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NewsCity snapshot: Air travel underpins 7.3% third quarter sales rise for SSP Group
Travel retailer SSP Group has grown sales by 7.3% in the third quarter, with like for like growth of 2.7% in the period. Plus, key brands grow 6% at Dairy Crest in the first quarter and all the rest of the latest news from the City.
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NewsMedia Bites 17 July: Tesco/Carrefour, Premier Foods, M&S
Tesco’s cross-Channel food purchasing alliance with Carrefour could be called into question after the French antitrust authority opened an investigation into the impact of such tie-ups
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Analysis & FeaturesCan Gavin Darby stand the pressure at Premier Foods?
Oasis Management intends to vote against the re-election of Premier Foods CEO Gavin Darby at the group’s AGM
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NewsWeetabix profits fall as Post takes the reins
Profits at Weetabix slid in the run-up to its £1.4bn sale to US group Post Holdings amid “management distraction” around the sales process and rising costs, according to newly filed accounts.
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NewsB&M’s first quarter sales rise 21.3% despite organic slowdown
B&M Bargains owner B&M European Value Retail has reported a 21.3% jump in first quarter group revenue, driven by new store openings, international growth and a small rise in organic sales.