All articles by Ed Devlin – Page 214
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NewsCoca-Cola HBC boosts FTSE 100 as first quarter sales fizz
Coke bottler Coca-Cola HBC helped drive the FTSE 100 higher this morning after posted an unexpected rise in first-quarter sales.
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Analysis & FeaturesCrowdfunding: the advantages and the risks
More and more fmcg start-ups are turning to crowdfunding to raise cash. So what makes a successful crowdfunding bid?
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NewsPrice war set to drive M&A consolidation, warns Grant Thornton
UK M&A volumes held up in the first quarter of 2015, but deal values were significantly down as small-scale consolidation dominated the market.
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Analysis & FeaturesNomad Foods sets sights on frozen empire in wake of Iglo deal
Findus tipped but there are many candidates ripe for netting
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NewsBirds Eye sales slump as Nomad steps in
Newly filed accounts at Companies House for the UK business revealed pre-tax profits plunged more than £20m (26%) to £62.7m on sales down 4.6% to £446.3m in 2014
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NewsCity Snapshot: Former Morrisons boss takes home £2.1m in final 12 months
Sacked Morrisons CEO Dalton Philips was given a total pay package of £2.1m last year, which included a £1m annual bonus. Plus East of England Co-op reports full-year results and Divine Chocolate merges UK and US businesses.
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NewsMedia Bites 28: Morrisons, Brew Dog, Diageo
Morrisons annual report reveals Dalton payout, BrewDog admits mistakes in crowdfunding documents, Diageo faces tussle with India’s ‘king of bling’, and China overtakes France in terms of hectares of lands devoted to vineyards.
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NewsCity Snapshot: United Spirits dispute leaves Diageo with a hangover
An emergency meeting by the board of United Spirits has given the Indian drinks company’s biggest shareholder Diageo a headache today.
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NewsMedia Bites 27: Supermarkets, Tesco, Co-op
City analysts predict more profits pain for the listed supermarkets, Co-op chairman Allan Leighton readies himself for society’s AGM and GCA to hold surgeries to encourage more suppliers to come forward.
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NewsNew Birds Eye owner has 'ambitious' plans, says Nomad source
The firm sees grocery as ripe for consolidation and will be “nimble and opportunistic” in building on its anchor investment in the iconic frozen food company, sources close to Nomad told The Grocer this week
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NewsCity Snapshot: Reckitt Benckiser beats Q1 expectations
Reckitt Benckiser has a good start by beating expectations in its first quarter. Elsewhere stevia producer PureCircle takes full control of Chinese subsidiary and Waitrose weekely sales figures. Plus all the latest share price movements.
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NewsMedia Bites 24 April: Tesco, Sainsbury’s, Brew Dog
Tesco’s annual results is still generating column inches, Sainsbury’s job cuts also make headlines, and Brew Dog snubs the City with £25m crowdfunding campaign.
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NewsPork Farms acquisition gets thumbs up from competition watchdog
Pork Farms is a step closer to completing its acquisition of Kerry Foods chilled savoury pastry business after the monopoly regulator provisionally cleared the deal.
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NewsAssociated British Foods stock falters as sugar woes hit
Shares in Associated British Foods have slipped back 4.7% to 2,735p
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NewsCity Snapshot: Profits tumble at Associated British Foods thanks to sugar business
ABF CEO puts brave face on half-year results
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NewsElla's Kitchen into the red but sales and profits rise
The one-off cost stemmed from the write-off of a loan between the UK company and US cousin Ella’s Kitchen Inc, which was formed following the sale to Hain Celestial in May 2013
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NewsSupermarket price war devastates UK food suppliers – Begbies Traynor
Food and drink manufacturers across the UK are suffering the most as the big supermarkets slash prices to compete with each and fight back against the rise of the discounters.
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NewsBirds Eye owner reeled in by investment group for €2.6bn
Birds Eye owner Iglo has been sold to an investment company for €2.6bn (£1.84bn), private equity backer Permira has confirmed.
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NewsCity Snapshot: Supermarket war takes toll on suppliers and producers
Supplier and food producers are feeling the pain of the long and brutal supermarket price war in what recovery specialist Begbies Traynor said was a “savage landscape”.
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NewsMedia Bites 20 April: Tesco, Birds Eye, Co-op
Tesco readies itself for ‘horror show’ results, Birds Eye owner Iglo set to be sold for €2.6bn, and Co-op can’t commit to Fairtrade in tough trading environment