All articles by Ed Devlin – Page 195
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Fiddes Payne seeks new MD as it looks for a 'punchy' price
Home baking specialist Fiddes Payne is searching for a new managing director as the shareholders seek to conclude a sale
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Pork Farms underlying profits slip despite sales rise
Pork Farms has increased sales almost 4% to £158.4m but pressure on margins led to a slight dip in underlying profitability.
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Bernard Matthews sales slump continues
Underlying losses at Bernard Matthews have deepened and sales continue to fall
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Media Bites 15 Jan: Tesco, Christmas trading, Sainsbury's ABF
Tesco’s surprise like-for-like sales rise over Christmas generates plenty of headlines this morning as the papers decided what it means for the beleaguered supermarket sector.
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City snapshot: Finsbury Food records "hard won" sales rise
Bakery group Finsbury Food has increased sales by 46% in its first half to £156.6m, including like-for-like growth of 7.4% and a strong Christmas trading period.
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Media Bites 13 Jan: Asahi, AB InBev, Kantar, Morrisons, Greggs
Rumours Asahi is weighing up a bid for SABMiller’s Peroni and Grolsch lager brands, which first appeared in a Japanese newspaper at the weekend, have made more headlines this morning
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Sainsbury's sales performance improves over Christmas as Mog proves a success
Sainsbury’s like-for-like sales over the third quarter fell just 0.4%, with total revenues rising 0.8%
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Typhoo stirs up sales rise with NPD
Typhoo Tea has increased sales and underlying profits thanks to a steady growth of the flagship brand, NPD and continued focus on lowering costs.
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Metro sales fall despite strong Christmas in home market
Sales at Metro have slipped 1.5% to €17.1bn in the first quarter as the crash in the value of the Russian rouble and the sell-off of assets in Denmark and Vietnam hurt the top line.
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Greggs shares slump as high street conditions toughen
Shares in Greggs crash 11% as like-for-like sales growth slows and footfall on the high street weakens.
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Shoppers turn to online this Christmas as the high street struggles
UK retail sales rose just 0.1% in the run up to Christmas as the appeal of shopping online grew, with supermarkets dragging themselves into the black.
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Kettle Chips owner takes bite of Metcalfe’s Skinny
The US owner of Kettle Chips has snapped up a minority stake in popcorn brand Metcalfe’s Skinny.
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Media Bites 11 Jan: Asahi, Sainbury's, Netto, Christmas trading
Asahi is reportedly planning a £2.4bn bid for Grolsch and Peroni and the shock takover approach by Sainsbury’s for Home Retail continues to gain column inches.
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Asda to invest another £500m in price war
Asda has committed another £500m to fight the price war as CEO Andy Clarke predicts 2016 will be another year of “intense pressure” for supermarkets.
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Border Biscuits to expand production with funding win
Border Biscuits has secured a seven-figure bank funding package as it aims to take a bigger bite out of the baked goods market in the UK.
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West Cornwall Pasty Co completes stage one of turnaround
Danny Mills-backed The West Cornwall Pasty Co has started on its turnaround with losses narrowing thanks to a repositioning of the brand.
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Bob Martin expands European footprint with Nestlé deal
Family-run pet healthcare brand Bob Martin has completed the acquisition of a pet care business from Nestlé to open up three new European markets.
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Sainsbury's bid for Home Retail Group baffles analysts
Sainsbury’s shock move for Argos and Homebase owner Home Retail Group left analysts scratching their heads
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Steve 'Trader Rowe' hailed as ideal CEO for Marks & Spencer
Marc Bolland’s heir apparent at M&S is hailed as ‘incredibly effective trader’
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Cook notches up record sales & profits in 'decent' year
Frozen ready meal specialist Cook Trading has generated record sales and profits