All articles by Alec Mattinson – Page 20
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NewsCity snapshot: Diageo remains on course despite cost pressures and economic uncertainties
Diageo said this morning it would ‘move with speed and agility and continue to invest in marketing and innovation’
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NewsCity snapshot: Chapel Down posts strong and profitable first half growth
England’s largest winemaker Chapel Down has posted first half growth of 21% amid strong domestic sales for English sparkling wine and increased exports
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NewsMedia Bites 29 September: AG Barr, Pret a Manger, Amazon
AG Barr’s half-year earnings have soared thanks to recent takeovers and a rise in soft drinks sales
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NewsCity snapshot: AG Barr revenues jump but profits hit by cost inflation
Acquisitions and organic revenue growth helped AG Barr grow first half revenues by a third, but profits were hit by lower margin business and soaring costs. Plus trading updates from PZ Cussons, Finsbury Food Group and Supreme
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NewsMedia Bites 25 September: THG, Wilko, retail sales
A £200m sale of a business park owned by THG boss Matthew Moulding has fallen through
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NewsCity News: Naked Wines shares plunge on £15m loss
Naked Wines shares plunged to new multi-year lows this week after it fell to a £15m loss and downgraded earnings expectations amid a “slower than expected” start to its trading year
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NewsSnowfox revenues surge as sale to Zensho completes
The acquisition of sushi specialist Snowfox Group by Japanese foodservice giant Zensho has been completed as new accounts show the strength of growth under its previous owner
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Analysis & FeaturesFmcg’s global giants see record growth in OC&C Global 50 report
The world’s largest consumer goods companies surged to their highest growth in a decade last year, driven by soaring prices and solid sales volumes
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NewsAnne de Kerckhove to take over as chair at Eagle Eye Solutions
De Kerckhove will join on 1 October as non-executive director and will take over as chair at the conclusion of the AGM in November, when Malcolm Wall will step down
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NewsCity snapshot: UK retail sales rebound in August despite lower fuel sales
UK retail sales rebounded in August as volumes recovered from a wet July, despite a drop in fuel sales as prices rose
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Analysis & FeaturesHow the Global 50 largest fmcg companies are turning defence into attack
The world’s fmcg giants have soaked up plenty of pressure, and are looking to go back on the attack. Can they prosper in the post-Covid environment?
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NewsCity snapshot: SSP Group annual revenues to reach £3bn on travel rebound
Travel retail specialist SSP Group has forecast its annual revenues will jump 37% to £3bn on the rebound in travel passenger numbers at home and abroad
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NewsMedia Bites 20 September: Ocado Retail, Naked Wines, Instacart
Ocado has reported better than expected sales and returned to positive volume growth
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NewsCity snapshot: September heatwave help UK supermarket grocery sales bounce back
UK grocery growth rebounded last month as the early September heatwave helped lift grocery sales at UK supermarkets back into double-digit growth. Plus trading updates from Ocado, McBride, C&C Group and Eagle Eye
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NewsMedia Bites 18 September: Wilko, Loyalty schemes, Served/Heineken
Wilko’s demise looks set to take the number of jobs lost in British High Street collapses to more than 100,000 since 2020
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NewsCity News: Fever-Tree enjoys US boost but UK sales fall flat
Fever-Tree shares this week have been quite mixed following a sharp drop in profits as UK sales fell flat
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NewsCity snapshot: Supermarket Income REIT completes £290m debt refinancing
Listed property investment specialist Supermarket Income REIT has announced a comprehensive refinancing of almost £290m of debt
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NewsCity snapshot: John Lewis Partnership cuts losses but transformation plan needs more time
John Lewis Partnership has cut its first half losses by more than 40%, but extended the timescale of the completion of its turnaround plan by two years. Plus Lidl GB and THG post signficant losses
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NewsMedia Bites 13 September: Wilko/Poundland, grocery market share, ABF
The owner of Poundland has struck a deal to take over up to 71 stores occupied by Wilko, giving hope to hundreds of workers at its stricken rival
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NewsCity snapshot: Grocery inflation falls to lowest level for over 12 months
Grocery price inflation has dropped to its lowest level in over 12 months at 12.2% for the four weeks to 3 September 2023, according to the latest data from Kantar