All articles by Alec Mattinson – Page 187
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News
City snapshot: Coca-Cola HBC beats earnings expectations on margin expansion
Coca-Cola HBC shares on the up as it beats expectations, plus The Grocer has stories on Kraft Heinz and Propercorn and Tesco bid rumour drives Morrisons share price boost.
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News
Media Bites 19 Feb: Asda, Wal-Mart, Morrisons
This morning’s papers are full of Asda’s ”worst sales falls in its history”
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News
Nestlé shares fall on lower than expected growth
Nestlé shares dropped by almost 4% today after missing its full-year growth target and reporting a significant fall in profitability.
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News
Burton’s Biscuits in talks to buy 2 Sister’s-owned Fox’s
Sources stressed to The Grocer that the talks remained at a preliminary stage
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News
Media Bites 18 Feb: Morrisons takeover rumours, Asda, Nomad
A £6.4bn offer for Morrisons from Tesco or private equity company Permira “could not be far away” according to the Daily Mail.
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Analysis and Features
Retrenchment and other key themes to look out for at CAGNY 2016
The Consumer Analysts Group of New York conference kicked off yesterday
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News
City snapshot: UK branded sales help mitigate milk price slump for Arla Foods
Arla’s overall volume of milk grew by approximately 622 million kilos in 2015 to 14.19 billion kilos
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News
Media Bites 17 Feb: BHS, Oppo, Pernod Ricard
The owner of BHS has secured a loan from an American restructuring company best known for trying, and failing, to rescue Blockbuster, writes The Times.
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News
Tesco shows Irish upturn as grocery market continues strong recovery
The Irish grocery market has grown 3.8% over past 12 weeks according to Kantar Worldpanel
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News
Strong fourth quarter sends Reckitt Benckiser shares up 7%
A strong performance in Reckitt Benckiser’s (RB) consumer health division helped fourth quarter sales beat expectations and drive the fmcg giant’s shares 7% higher today.
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News
City snapshot: Health sales drive Reckitt Benckiser revenue growth
Reckitt’s shares rise on stronger than expected sales, UK footfall sees a huge rebound and so does the FTSE as investors concerns over China ease.
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News
Media Bites 15 Feb: UK footfall, Ocado, Tesco
Colder temperatures and the January sales drove shoppers back to the high street last month.
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Analysis and Features
Portfolio optimisation will continue to drive M&A in 2016
Consumer products and retail bosses expect the wave of global M&A to continue in 2016 as portfolio optimisation will continue to drive strategic sales from big corporates.
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Analysis and Features
New year trading put in more sober light by latest data
A number of surveys this week provided contrasting reads on the market for the second month running
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News
Pernod Ricard reports 3% first half organic growth
Pernod Ricard has delivered “solid” first half results as the spirits maker saw 3% organic sales growth in the six months to 31 December 2015.
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News
Tate & Lyle share plunge on commodities weakness
Shares in Tate & Lyle have dropped by 5.9% today after the sucralose maker warned that weak commodity prices would hit 2016 profits.
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News
Currencies and Coca-Cola volume drop hit CCE revenues
Full year revenues at Coca-Cola Enterprises plunged 15% last year as currency movements impacted sales already hit by declining Coca-Cola volumes.
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News
Dairy Crest brands “performing well” following Müller sale
Plus trading updates from Imperial Brands and Tate & Lyle and structural changes at Pernod Ricard
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News
Media Bites 11 Feb: Asahi Group, Harris + Hoole, Mark Price
Asahi Group’s £2.3bn bid for Grolsch and Peroni is an “expensive route to growth”, according to the Financial Times