All articles by Alec Mattinson – Page 193
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News
City Snapshot: Supermarket deflation back towards record highs
The Grocer Price Index shows deflation is ractcheting upwards again to move back towards the record high recorded in March, meat producer Stoddarts bought by a group of investors and all the rest of today’s news from the City.
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News
Media Bites 13 Nov: SABMiller, Morrisons, Tesco
SABMiller’s first half result announcement yesterday is the major topic for the papers this morning.
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Analysis and Features
Deflation hitting hard as the mults head into Christmas
Deflation is biting the supermarkets as hard as ever as they head into the vital Christmas trading period.
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News
City Snapshot: Exchange rates cause double-digit profit and revenue drop at SABMiller
SABMiller has suffered a 12% drop in revenues in the six months to 30 September
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News
Media Bites 12 Nov: Sainsbury's, SABMiller/InBev, Carlsberg
Two stories dominate the press this morning – Sainsbury’s profits plunge and SABMiller agreeing a price for its buyout by AB InBev.
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News
City snapshot: Carr’s Group achieves record profits despite revenue fall
Carr’s Group, but the agriculture and food company Carr’s Group reports a 6% rise in full year EBITDA despite 4.1% revenue fall, Sainsbury’s…
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News
Media Bites 9 Nov: SABMiller, Sainsbury's, M&S
SABMiller is set to offload its American business for more than $10bn (£6.6bn) this week when it finally agrees terms on a merger with Anheuser- Busch InBev.
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News
Media Bites 5 Nov: M&S, Asda, Whole Foods
Unsurprisingly M&S’ half year trading results are the main topic of conversation in today’s papers.
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News
City snapshot: Morrisons’ third quarter sales fall by 2.6%
Third quarter like-for-like sales (ex fuel) at Morrisons fell by 2.6% in the 13 weeks to 1 November, plus trading updates from Dairy Crest, Tate & Lyle, Coca Cola HBC and Hilton Food Group.
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News
Reckitt Benckiser wins CMA approval for K-Y acquisition
The UK’s Competition & Markets Authority has waved through Reckitt Benckiser’s acquisition of the K-Y brand following consultation after Reckitt agreed to licence the business in the UK.
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Analysis and Features
M&S first half results – what the analysts say
A round-up of analyst comment on Marks & Spencer’s first half results
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News
Increased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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News
Sugar woes and currencies hit profits at ABF
Associated British Foods (ABF) has recorded a 6% fall in adjusted full year operating profit as a collapse in profitability of its sugar division hit overall earnings.
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News
Tate & Lyle completes Eastern Europe ingredients restructure
Archer Daniels Midland Company, which owns half the joint venture with Tate, has bought bulk ingredients plants in Bulgaria, Turkey and Hungary
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News
Media Bites 2 Nov: M&S, Morrisons, BRC
Marks & Spencer is due to report another slump in clothing sales, heaping renewed pressure on chief executive Marc Bolland.
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News
City snapshot: 151 Products rescues Swirl from administration
151 Products has bought consumer goods firm Swirl Products, trading as Fmcg, out of administration, plus a look at the week ahead in the City with updates from M&S, Morrisons and ABF.
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Analysis and Features
2 Sisters to put £150m into poultry efficiencies
2 Sisters has pledged to invest £150m in its poultry business in a bid to drive efficiencies as it moves from a period of aggressive acquisition-driven expansion to consolidation.
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News
City snapshot: Delhaize sees "robust" third quarter sales
Belgian retail group Delhaize has posted third quarter constant currency revenue growth of 2.3%
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News
Media Bites 29 Oct: AB InBev, Heineken, Walgreens Boots Alliance
Anheuser-Busch InBev has sought to reassure investors that its £68bn takeover of smaller rival SABMiller is on track.
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News
Emerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.