All articles by Alec Mattinson – Page 204
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News
Media Bites 31 July: Brakes, Coca-Cola Enterprises, M&S
Brakes Group, the UK’s biggest food distributor, has begun preparing for a stock market listing in London that could see it valued at up to £2.5bn, according to Sky News.
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News
Second quarter revenues up 3.2% at Delhaize
Belgian supermarket group Delhaize has reported solid revenue and profit growth in the second quarter.
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News
Media Bites 30 July: Supply chains, Sainsbury's, Greggs
The major supermarkets will all have to set out how they are preventing slavery and human trafficking taking place in their supply chains, under rules announced by the UK government.
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News
City Snapshot: United Spirits acquisition pushes Diageo’s annual revenues up 5%
Diageo’s reported net revenues were up 5% in the year to 30 June largely thanks to the full consolidation of United Spirits last year, plus a new CFO for Britvic, recovery for the FTSE and all the latest news from the City.
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Comment & Opinion
Compelling indications of some recovery in latest Kantar Worldpanel data
This morning’s market share data is both positive and negative, depending on how you read it
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News
Media Bites 28 July: Card payments, Reckitt Benckiser, Tesco
Shoppers could enjoy lower prices next year as the government announced plans to cap credit and debit card fees charges by banks to businesses.
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News
City snapshot: Convenience sales drive Greencore's third quarter revenues up 6.2%
Greencore has reported a 6.2% increase in third quarter revenues after strong US growth and increased convenience sales, profits grow at McColl’s despite like-for-like sales fall and all the rest of the news from the City.
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News
Reckitt Benckiser raises earnings forecast after solid first half
Consumer products group Reckitt Benckiser (RB) saw first half revenues edge up 1% to £4.36bn despite currency headwinds.
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News
Former B&M owners sell £408m worth of shares
The Arora family, founders of the B&M Bargains retail chain, and its former private equity owners have sold a further 12% of B&M European Retail for over £400m.
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News
City News: The earlier Easter hit Premier Foods’ first-quarter revenues
The earlier Easter hit Premier Foods’ first-quarter revenues, but analysts were nevertheless upbeat about trading figures…
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News
AG Barr shares slide on “subdued” first half trading
AG Barr has blamed tough comparatives and poor weather for a “subdued” first half of the year.
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News
Haywood & Padgett sees rise in profits as it looks to expand
Specialist baker Haywood & Padgett is looking to expand its product range and international reach…
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News
Sweet treats drive a quarter of progress at Premier Foods
The timing of Easter hit first quarter revenues at Premier Foods, but a 1.6% sales fall beat analysts expectations and have been welcomed as a further sign of progress in the firm’s turnaround.
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News
Britvic buys Brazilian drinks firm Ebba for £121m
Britvic has this morning announced it has agreed a deal to buy independent Brazilian soft drinks company Ebba in a deal worth £120.8m.
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News
City snapshot: First quarter sales slip 1.6% at Premier Foods
First quarter sales have fallen 1.6% at Premier Foods, while first half turnover up 12% at Unilever
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News
Media Bites 23 July: Groceries Code Adjudicator, Coca-Cola
The Groceries Code Adjudicator faces “embarrassment” after some of its own invoices may not have been paid on time, writes The Times
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News
Tate & Lyle raises $400m to finance future growth
UK-listed Tate & Lyle has raised US$400m (£256m) in a private corporate bond placement to refinance existing debt and underpin future growth.
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News
M&A adviser McQueen bought by Houlihan Lokey
UK-based consumer sector M&A specialist McQueen has been bought by US investment bank Houlihan Lokey.
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Analysis & Features
OC&C Global 50: Still waiting for glut of fmcg mega-deals
The number of global fmcg deal hit record highs last year, according to the OC&C Global 50, but the sector is still waiting for those industry-defining mega-deals.
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News
Media Bites: Living wage, Ikea, Seabrook Crisps
It’s not the busiest morning for coverage of the grocery sector, but the “living wage” row is continuing to generate column inches