All articles by Ed Devlin – Page 147
-
NewsCity News: Booker shares steady ahead of CMA decision
The City was unmoved by a healthy first half at Booker as investors awaited the preliminary decision by the CMA
-
NewsChris Dee switches to 'brand incubator' role with Manílife
Peanut butter startup Manílife expected to be first of many startups Dee helps…
-
NewsLoss of major customer hits Cott revenues
Cott Beverages’ revenues tumbled as it battled a declining UK fizzy drinks market and lost a private-label contract
-
NewsMedia Bites 13 October: Booker, WH Smith, Just Eat
Financial results from Booker and WH Smith are examined by today’s papers, along with the CMA decision on the Just Eat acquisition of Hungry House.
-
NewsCity snapshot: Burton's profits sink in declining biscuit category
Underlying profits have more than halved as sales slumped yet again at Jammie Dodgers maker Burton’s Biscuits.
-
NewsJust Eat shares jump as CMA paves way for £200m Hungry House takeover
Shares have soared more than 6% at takeaway delivery service Just Eat after the Competition and Markets Authority (CMA) gave the £200m takeover of Hungry House the all clear.
-
NewsWestons targets 40% growth in five years with brand overhaul
A new logo will roll out from late October across all consumer and trade touchpoints…
-
NewsMedia Bites 12 October: Booths/Amazon, Bakkavor, 2 Sisters, Unilever
Amazon expanding its UK grocery delivery with the ‘Waitrose of the North’ grabbed the attention of the papers.
-
NewsCity snapshot: Healthy first half for Booker as it awaits CMA verdict on Tesco merger
Profits at Booker leapt 9% in the first half as the wholesaler increased revenues by 2.5% to £2.6bn despite a declining tobacco market. Plus, the travel arm of WH Smith overtakes the high street for the first time as the retailer announced full-year results; and the CMA gives the green light to Just Eat for the £200m takeover of Hungry House
-
NewsOverhang hits £150k crowdfunding target
It has raised £153,000 from 237 investors on the Crowdcube platform in return for 5.8% equity, valuing the business at about £2.5m.
-
NewsWestons Cider doubles bottling capacity with £1.5m funding package
Westons Cider has invested in new bottling technology to double its production capacity after securing a £1.5m bank funding package.
-
NewsCity snapshot: P&G denies activist investor Trian a board seat in proxy battle
Procter & Gamble looks to have successfully fended off the attempt by activist investor Nelson Peltz to win a seat on the consumer giant’s board after one of the biggest ever proxy battles witnessed in the US
-
NewsMedia Bites 11 October: Nisa/Co-op, Bakkavor, Tesco, P&G, HelloFresh
Nisa recommends £143m Co-op takeover to members; Bakkavor unveils plans to float in London; the Tesco trial continues; and P&G fends off activisit investor.
-
NewsClarence Court duck egg supplier expands production
A Devon duck and quail egg producer that supplies the Clarence Court brand has secured a six-figure bank funding package to expand its output.
-
NewsHeron Foods sales and profits leap ahead of B&M takeover
Frozen food discounter Heron Foods, which B&M Bargains snapped up for £152m in August, has increased revenues by almost 9% despite a challenging trading environment.
-
NewsGousto moves towards profitable status as revenues rocket 88%
Recipe box service has posted a £6.6m annual loss as the cost of attracting new customers weighed on the bottom line
-
NewsBirds Eye claims it's recovering despite slump in 2016 sales
Birds Eye has suffered another heavy decline in sales as conditions in the branded frozen space remain challenging
-
NewsMedia Bites 6 October: Tesco, Unilever, Accrol
Tesco remains in the news as the papers continue coverage of the fraud trial, the aftermath of Wednesday’s results and the ongoing CMA investigation into the Booker merger.
-
NewsCity snapshot: Finsbury Food confirms closure of lossmaking Grain D'Or bakery
Finsbury Food Group has this morning confirmed that it will close its London-based bakery business Grain D’Or, with 250 staff facing redundancy.
-
NewsMindful Chef smashes £1m crowd target in less than a week
Mindful Chef has smashed its £1m crowdfunding target in less than a week, adding 500-plus investors to the recipe box delivery company’s army of shareholders.