Finance news – Page 500
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NewsHotel Chocolat's impresses investors on successful AIM debut
The chocolatier raised £55m in a 148p a share placing last week…
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NewsMRH (GB) vows to continue its aggressive acquisition strategy
The group is “well placed to make further strategic acquisitions” after a “robust” set of financial results
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NewsMedia 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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NewsCity 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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NewsMoy Park's first quarter revenues hit by falling poultry prices
Moy Park’s first quarter revenues fell 1.6% due to falling poultry prices and its exit from the UK corned beef business, according to parent company JBS.
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NewsRefresco 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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NewsBakkavor 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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NewsCity snapshot: Moy Park owner JBS to spin out international business
JBS Foods International will list on the New York Stock Exchange if JBS shareholders approve the plan
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NewsMedia Bites: BHS, Compass, Metro
Sir Philip Green has rebutted a claim by the head of the Pensions Regulator that it only found out about the sale of BHS after reading about it the newspapers.
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NewsCarlsberg 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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NewsLow-income retail workers 'hardest hit' by jobs cuts
BRC has identified a “middle core” 465.000 workers whose jobs are most at risk
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NewsPlanet Organic links with Hubbub for faster delivery service
Hubbub is planning to extend the delivery service to 110 independent shops
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NewsMorrisons fresh products on Amazon Pantry 'an error'
Four pints of Morrisons 1% fat fresh milk had a price tag of £68.75
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NewsMore Brits are choosing eggs for a quick and healthy breakfast
Consumption by young women has grown by 27% over past two years according to research
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NewsCity Snapshot: Profits down 10.3% at Magners-maker C&C Group
C&C Group reports a 10.3% drop in operating profit, Compass Group’s profits up 6.4% on strong North American revenues and Hotel Chocolat soars by 28% on its stock market debut.
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NewsMedia Bites 11 May: BHS, Hotel Chocolat, Amazon
Administrators for BHS have received several offers for all or part of the failed department store chain, raising hopes that a buyer could be found within days.
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NewsBells 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.
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NewsHMV and Tesco could soon get the entertainment rug pulled from under their feet
Physical media’s performance is almost entirely underpinned by music and video games
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NewsRaisio’s first quarter sales down despite Benecol UK sales rise
Finnish food group Raisio has reported a 6.9% drop in first quarter net sales despite seeing “significant” growth for its Benecol brand in the UK.
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NewsCovent Garden Market appoints new CEO to lead redevelopment
Daniel Tomkinson moves from Eden Shopping Centre in High Wycombe