All articles by Ed Devlin – Page 194
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Analysis & FeaturesDiageo sales and profits sink as currency volatility bites
Currency volatility gave Diageo a headache in the first half as operating profits sank £156m to £1.7bn
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NewsMedia Bites 29 Jan: Diageo, diary farmers, waste
Diageo’s first-half results, worrying times for Britain’s dairy farmers and Hugh Fearnley-Whittingstall’s continuing war on waste all makes this morning’s papers.
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NewsCity snapshot: AG Barr sales fizz over Christmas
Soft drinks group AG Barr has increased sales by more than 2.5% in its final quarter of the year despite the intensifying war on sugar and competitive UK market.
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NewsKitwave closes in on private equity deal to fund expansion
Kitwave is close to securing investment to allow it to continue its acquisitive buy-and-build strategy.
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NewsHotel Chocolat back in profit with sweet sales growth
Hotel Chocolat has bounced back into the black after ditching its US trial and keeping a tight hold of costs.
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NewsMedia Bites 27 Jan: Tesco, Sainsbury's, Argos
The GCA’s findings that Tesco “knowingly” withheld cash from suppliers to artificially prop up its results dominates the papers this morning.
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NewsCity snapshot: Sales fall at Britvic amid challenging grocery market
Sales have fallen 2.4% on an organic basis in the first quarter to £290.1m as a result of declines in the UK, French and international markets
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NewsMedia Bites 25 Jan: Sainsbury's, Amazon, Ocado, Tesco
As the Sainsbury’s board tours the City to gather support for its Home Retail/Argos deal, shareholders warn the supermarket not to overpay in the takeover bid.
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NewsFever-Tree raises guidance on soaring sales
Premium mixer brand Fever-Tree has increased full-year sales by 71% to almost £60m on the back of a strong second half
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NewsMedia Bites 22 Jan: SABMiller, Sainsbury's, Premier Foods, Asda
The race for Peroni, Grolsch and Meantime is heating up as Asahi and Chang brewer Thai Beverage reach the next round of bidding, along with a handful of big private equity players.
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NewsCity snapshot: Adelie takeover of Freshpak in doubt
Urban Eat owner Adelie has run into problems in its pursuit of sandwich filling supplier Freshpak Chilled Foods.
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NewsAdelie takeover of Freshpak hit by snarl-ups
Food-to-go group Adelie’s pursuit of sandwich filling supplier Freshpak Chilled Foods has been thrown into doubt after the deal hit hurdles.
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NewsPremier Foods rues warm December as grocery brands struggle
Branded sales at Premier Foods fall as an unseasonably warm December turns shoppers away from its Batchelors, Sharwood’s and Loyd Grossman ranges.
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NewsBart Ingredients slips into the red
Bart Ingredients has been dragged into the red following the acquisition of a lossmaking business,
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NewsMedia Bites 20 Jan: Unilever, Ocado, Holland & Barrett
Unilever’s annual results garners plenty of coverage in a quieter week in retail for the newspapers.
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NewsCity snapshot: Colourful Christmas for WH Smith
WH Smith expects full-year profits to be better than forecast as like-for-like sales on the high street grow 2% over Christmas as shoppers continued to snap up adult colouring books.
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NewsHarry Brompton’s hopes to stir up the crowd with £300k fundraising
Premium alcoholic ice tea maker Harry Brompton’s has already won listings in Waitrose, Sainsbury’s, Ocado, Whole Foods and Harrods.
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NewsMetcalfe eyes fatter future for Skinny popcorn under Diamond
Julian Metcalfe is hoping the backing of Kettle Chips will help the popcorn brand win more listings
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NewsTesco and Morrisons share price fortunes turn on Christmas tidings
Tesco and Morrisons have had a torrid run of things on the stock market but this week their fortunes finally turned around
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NewsMPM petfood sale set to spark flurry of private equity interest
Premium petfood manufacturer MPM Products is expected to spark a dogfight among a handful of private-equity firms