All articles by Ed Devlin – Page 173
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Diageo appoints former Bacardi CEO as chairman
Javier Ferrán will replace outgoing chairman Dr Franz Humer
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SSP Group profits take off but rail affected by Paris terror attacks
Travel concession group SSP (SSPG) has reported a more than 40% hike in first-half profits as air passenger numbers swelled but trading in railway stations in the UK and Europe slowed in the wake of the terrorist attacks in Paris and Brussels.
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Media Bites 18 May: Premier Foods, Greencore, BHS, Carlsberg
Premier Foods annual results were in the spotlight yesterday as Gavin Darby faced the media for the first time since US suitor McCormick walked away from takeover talks.
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City snapshot: SABMiller blown off course by currency headwinds
Revenues have fallen 10% to $19.8bn at SABMiller in the face of the strong US dollar
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Greencore focus on food-to-go reaps dividends
Double-digit growth in food-to-go helped Greencore push up revenues 8.1% to £691.6m during the first half and raise its dividend.
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Hain Celestial juice deal squeezed by CMA
Hain Celestial acquisition of Orchard House Foods could lead to higher prices for supermarkets and consumers, the competition watchdog warns.
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Chapple & Jenkins expands warehouse to meet growing demand
The Bristol-based business has used financing from Barclays to buy an additional 33,000 sq ft of warehouse space
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Pinkster Gin breaks into US and Australia
Specialist gin producer Pinkster Gin is exporting its products to the US and Australia after securing a £200,000 bank funding package.
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Pieminister expansion heats up with £1.4m funding
Pieminister is heating up its expansion plan after securing a £1.4m bank funding package.
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Media Bites 16 May: Premier Foods, Asda, Tesco, BHS
Premier Foods was in the spotlight again this weekend ahead of its full-year results on Tuesday; Asda boss Andy Clarke under more pressure ahead of Q1 results; and Tesco boss Dave Lewis says there is more rebuilding to do.
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City snapshot: Tyrrells takes a bite of German crisp maker
Tyrrells has continued its focus on international markets with its first European acquisition
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Fragmentation drives deals in wholesale and distribution
The wholesale and distribution sector was one of the key drivers of M&A activity during the first quarter
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Fentimans' posh pop sales fizz up by more than 25%
Overall sales grew 25% to £19.4m, with a 60% rise in export sales to £6.1m in the year to 31 July 2015…
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Hotel Chocolat's impresses investors on successful AIM debut
The chocolatier raised £55m in a 148p a share placing last week…
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Media Bites 13 May: Tesco, M&S, BHS
Tesco boss Dave Lewis was paid £4.6m including a £3m bonus last year, when he stabilised the crisis-hit retailer and returned it to profit, The Guardian writes. The paper reports on the annual report of the retailer published this morning. Lewis received a salary of £1.3m, a ...
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City snapshot: Coca-Cola HBC blown off course by currency headwinds
Volumes were stable at European Coke bottle Coca-Cola HBC in the first quarter but “considerable pressure” from exchange rate headwinds harmed sales
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Refresco Gerber sales fall as private label volumes tumble
Falling private label volumes at Refresco Gerber have pushed down sales 2.3% in the first quarter as the group turned its focus to co-packing.
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Bakkavor reports good start to 30th year in business
Revenues nudge up 1.4% at Bakkavor to £415.8m in Q1 despite falling prices as the food manufacturer manges to shift more volume.
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Carlsberg sales slump as Tesco delisting bites
Sales at Carlsberg have fallen 5% in the first quarter as a result of being delisted by Tesco last year.
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Bells of Lazonby bakes up sales rise
Bakery group Bells of Lazonby has increased sales by more than 13% and grown its profits to continue the rapid expansion experienced in recent years.