All articles by Ed Devlin – Page 164
-
NewsMedia Bites 27 January: Unilever, Diageo, Johnson & Johnson
The papers look for Marmite angles in the full-year results of Unilever; and Diageo showed further signs of a turnaround.
-
NewsTesco and Booker to merge in £3.7bn deal
Tesco has swooped in a surprise deal to acquire listed wholesaler Booker in a merger worth £3.7bn
-
NewsM&A deals appetite high despite Brexit uncertainty
Overseas buyers for UK and Irish targets accounted for 32% of the 198 deals in the sector last year
-
NewsPZ Cussons shares drop amid first half profits slump
Shares in beauty and personal care product supplier PZ Cussons have dropped 8.6% in morning trading after the Imperial Leather maker revealed a 38% drop in first half profits.
-
NewsMedia Bites 24 January: Sainsbury's, Tesco, McDonald's
All the papers follow up on news that Sainsbury’s chairman David Tyler used the supermarket’s staff to do up his £1.5m country home; Tesco mounts ‘robust defence’ against more than 100 shareholders suing for loss of value; and McDonald’s sales fall in the fourth quarter.
-
NewsCity snapshot: Fever-Tree sales fizz ahead of expectations
Posh mixer brand Fever-Tree has upgraded its profit expectations for the year after sales continued to rapidly accelerate in the second-half of 2016. Plus, profits sink at PZ Cussons as Nigerian market continues to be challenging.
-
NewsWestons profits fizz as cider maker taps into craft
Profits fizzed higher at Westons as the cider manufacturer outperformed the struggling UK market thanks to growing consumer demand for more premium and craft brands.
-
NewsBon Bon Buddies overseas focus delivers record year
Overseas expansion and new contract wins have helped Welsh confectioner Bon Bon Buddies to record results, with sales up 13% and profits more than doubling in the year to 30 April 2016.
-
NewsPE owner of Hancocks engages advisers to explore sale
The private equity owner of Hancocks Cash & Carry is exploring options for a potential sale of the specialist confectioner
-
Analysis & FeaturesReynolds takeover 'will fire up BAT potential in e-cigs'
The success of Iqos in markets such as Japan and Italy has boosted PMI’s share price
-
NewsBrewDog £10m bond caps a recordbreaking year for Crowdcube
Booming investor demand for food and drink brands has fuelled a recordbreaking year on crowdfunding platform Crowdcube, with popular craft brewer BrewDog hitting its £10m target at the end of 2016.
-
NewsLindt sales boost from higher-than-average UK growth
Lindt said it was now the fastest-growing chocolate brand in Great Britain, where it now has 13 retail shops, as group sales rise 6.8% to CHF 3.9bn (£3.1bn) in 2016.
-
NewsVegemite returns to Aussie roots in £282m Mondelez sale
Vegemite is back in Australian ownership for the first time in more than 90 years after Mondelez International sold the yeast extract spread as part of AU$460m (£281.7m) deal.
-
NewsPremier Foods warns profits to be hit by weak trading and rising costs
Premier Foods has issued a profits warning this morning, despite a strong December, as sales remained weak in the third quarter and costs spiralled following the slump in sterling.
-
NewsMedia Bites 18 January: Greggs, British American Tobacco/Reynolds, Pep&Co
The papers all take a good look at Theresa May’s speech on Brexit, examining it consequences and reaction from various quarters, but in the grocer sector Greggs Christmas trading and BAT’s takeover of Reynolds come under the spotlight.
-
NewsBear shakes up management team as Giles Brook moves on
Kids snack brand Bear has shaken up its leadership team, with a new managing director appointed and Giles Brook leaving the business to focus on his role as European CEO at Vita Coco.
-
NewsBritain to leave single market, says Prime Minister Theresa May
Prime Minister Theresa May has ruled out remaining in the single market as Britain negotiates an exit from the EU
-
NewsGreggs hails strong Christmas buoyed by festive bakes and burritos
Overall, sales at Greggs increased by 7% in 2016
-
NewsBritish American Tobacco takes over Reynolds in £40.7bn deal
BAT has agreed to acquire the remaining 57.8% in Reynolds it does not already own
-
NewsMedia Bites 17 January: Brexit, Pep&Co, courgette shortage
Prime Minister Theresa May grabs all the headlines ahead of here big Brexit speech later today.