All articles by Alec Mattinson – Page 191
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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
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News
Ocado’s falling share price hits executive pay packets
The pay of Ocado’s executive team fell by a collective 20% last year as the sums earned through share awards fell despite the online supermarket recording record profits.
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News
Coca-Cola reports earnings progress despite global revenue fall
Coca-Cola has reported a 4% drop in reported net revenues for 2015 after a fourth quarter slowdown.
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News
City snapshot: Food sales edge up in January finds Kantar Worldpanel
The latest market share figures from Kantar and Nielsen
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News
Media Bites: Sunday trading, UK retail sales, John Lewis
Ministers will give councils the right to tear up the remaining restrictions on Sunday trading from this autumn, according to the FT.
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News
Associated British Foods targets full ownership of Illovo Sugar
Associated British Foods confirmed today it has held discussions over the minority stake in Illovo Sugar
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News
Tim Steiner: supermarkets 'running out of price war ammo'
Ocado boss Tim Steiner has accused his supermarket rivals of ‘running out of ammo’
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Analysis & Features
Deflation hits all-time high as price war is reignited
As Morrisons opens up a new price battle, prices have fallen by the largest year-on-year proportion on record
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News
Currencies and cost-cutting hit sales at Mondelez
Full year net revenues were down 13.5% to $29.6bn, including a 12.6 percentage point impact from currency
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News
Media Bites 4 Feb: Sainsbury's/Home Retail, EasyFoodstore, Mondelez
Old Mutual, the third largest shareholder in Home Retail Group, has issued its support for Sainsbury’s £1.3bn takeover despite previously calling for a higher price.
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News
Ocado posts second annual profit but still waits for international deals
Ocado has posted its second consecutive annual profit after a year which saw retail sales rise by 14.7%
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News
SSP Group CEO Kate Swann receives maximum bonus to boost pay to £2.6m
Foodservice company SSP Group (SSPG) gave CEO Kate Swann her maximum annual bonus possible in its first full year as a listed company to take her pay to £2.6m.
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News
Media Bites 1 Feb: Sainsbury's/Home Retail, Tesco, Ocado
The big story in the papers is the upcoming deadline in Sainsbury’s pursuit of Home Retail Group, with the general consensus being that the supermarket needs to find more cash to get the deal done.
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News
Aunt Bessie's owner posts solid results
The family-run owner of Aunt Bessie’s and Jackson’s Bakery, William Jackson & Son, has posted solid growth
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News
Whitworths profits up 58% but hit by Utting exit
Pre-tax profits were up by nearly 60% at dried fruits, nuts and seeds supplier Whitworths
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News
Gudmundssons retake control of Bakkavor with hedge fund deal
The Gudmundsson brothers have retaken control of Bakkavor after striking a deal with US hedge fund The Baupost Group
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News
City snapshot: "Strong" Christmas trading at Conviviality
Overall revenues were up 38% to £252m in the 27 weeks to 1 November, with EBITDA up 43% to £6.5m
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News
City snapshot: Diageo reports 1.8% first half organic sales growth
However, its reported results have been dragged back by asset disposals and currencies
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News
Media Bites 28 Jan: ABInBev/SABMiller, Britvic, Scotch whisky
A delay in the regulatory approval process in Africa threatens AB InBev’s merger with SABMiller, writes The Times.