All articles by Alec Mattinson – Page 135
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NewsMedia Bites 12 July: Unilever, Tesco, Sainsbury's
A top-five shareholder in Unilever has warned of forced selling of the consumer giant’s shares as unrest grows among British investors worried that the group has been “totally unreceptive” to fears over its HQ move to the Netherlands.
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NewsSainsbury’s appoints Martin Scicluna as chairman
Sainsbury’s has announced it will appoint former Deloitte and RSA Insurance chairman Martin Scicluna as its new non-executive chairman to replace David Tyler.
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NewsMedia Bites 11 July: M&S, Ocado, Tesco, Premier Foods
A hectic day of grocery and retail coverage includes M&S’ AGM, Ocado’s first half results, Charles Wilson stepping back at Tesco and an activist investor upping its stake in Premier Foods.
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NewsTesco UK boss Charles Wilson steps down following cancer diagnosis
During May and June, Wilson has been undergoing daily radiotherapy
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NewsOcado swings to first half loss amid increased investment
Ocado has posted a first half pre-tax loss of £9m as its investments capacity, technology and international expansion hit its bottom line.
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NewsMedia Bites 10 July: Premier Foods, Retail sales, Starbucks
One of the two shareholders trying to oust the chief executive of Premier Foods has trebled its stake in the British food manufacturer.
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Analysis & FeaturesTesco prices rise faster than rivals for more than a year
The latest Grocer Price Index shows Tesco has overseen price rises at a faster rate than its rivals every month for an entire year
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NewsSainsbury's shares boosted as Asda merger gets a step closer
Sainsbury’s (SBRY) reaffirmed itself as the slowest growing of the major UK grocers on Wednesday, but it’s the City shrugged off its stagnant sales to focus on news its mega-merger with Asda is a step closer.
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NewsNoble Foods sees pre-tax profits drop amid falling egg prices
Newly filed accounts at Companies House show pre-tax profits slumped by 78.8% in the year to 30 September 2017.
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Analysis & FeaturesOC&C Global 50 2018: consumer goods giants supercharge growth
For the world’s largest consumer goods players, struggling to find meaningful growth, the new mantra is clear: ‘If you can’t beat them, buy them’
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NewsCity snapshot: OC&C Global 50 grow 5.7% after M&A spike
The globe’s largest consumer goods groups have delivered their highest growth for six years but only after using M&A to boost flatlining sales.
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NewsMedia Bites 6 July: Premier Foods, Associated British Foods, Brewdog
The owner of Mr Kipling, Premier Foods, is under pressure to sell its lucrative Batchelors soup brand amid a spat between the group’s chief executive and its second-largest shareholder .
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Analysis & FeaturesWorld's 50 largest fmcg companies, ranked by global sales
The OC&C/Grocer Global 50 provides a detailed breakdown of the global sales and growth rates of the world’s 50 largest consumer goods companies
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NewsWorld's biggest fmcg companies rely on M&A to rediscover growth
Headline growth for the OC&C Global 50 jumped to 5.7% in 2017 from just 0.5% in 2016 and 0.3% in 2015
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NewsCity snapshot: Low sugar prices temper Primark growth at ABF
Associated British Foods has announced it expects hit full year expectations despite a reduced profit in its sugar division as the group has enjoyed higher margins than expected at its Primark clothing retail business. Plus, Premier Foods and Oasis row continues, World Cup helps positive trading at C&C Group, new non-exec at Ocado and all the rest of the latest news from the City.
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NewsMedia Bites 5 July: Sainsbury's, Premier Foods, Brexit
The chief executive of Sainsbury’s came out fighting yesterday against suggestions he had taken his eye off the ball on trading after the supermarket chain reported lacklustre growth.
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsMedia Bites 3 July: Tesco/Carrefour, Nestlé, Premier Foods
The link-up between Tesco and Carrefour gets plenty of coverage, with most centred on the potential impact on under-pressure suppliers.
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NewsTate & Lyle Sugars blames 'uncompetitive' EU regulations for huge loss
Brexit backer Tate & Lyle Sugars has blamed the ‘uncompetitive’ European Union sugar regime for annual losses that have ballooned to more than £25m.
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News2 Sisters profits fall 77% amid protein division restructure
The poultry giant said volume growth was more than offset by the “negative impact of beef, poultry and fish price inflation”