Finance news – Page 512
-
NewsBlends expands with £4.6m funding
Specialist food ingredients business Blends has doubled the size of its manufacturing facility after securing a £4.6m bank funding package.
-
NewsSainsbury's first sales rise in two years: what the analysts say
What did City analysts make of Sainsbury’s managing its first quarterly rise in sales for two years, with like-for-like retail sales nudging up just 0.1% in the fourth quarter?
-
NewsOcado shares surge on solid first quarter results
Gross group sales climbed 15.3% to £312.4m in the 12 weeks to 21 February from £271.1m in the same period in 2015
-
NewsMedia Bites 15 March: CBI, Fever-Tree, BHS, The Fresh Market, Co-op Bank
The CBI has ventured where the Food and Drink Federation daren’t by coming out strongly in favour of remaining in Europe after a poll of members found overwhelming support to stay.
-
NewsSainsbury's improves sales in Q4
Sainsbury’s reports first positive quarterly like-for-like sales growth for more than two years
-
NewsApplegreen reports 30% profit growth as it builds estate
Irish forecourt operator Applegreen saw gross profit rise 30% in its first year as a listed company as it grew its estate from 152 to 200.
-
NewsSimply Cook kicks off £600k crowdfunding push
Recipe kit start-up Simply Cook is targeting £600,000 in a crowdfunding campaign to expand its marketing efforts and launch a distribution partnership with Ocado.
-
NewsAhold and Delhaize shareholders give merger green light
Shareholders at European food retailers Ahold and Delhaize have voted overwhelmingly in favour of the proposed €9.8bn merger of the two groups.
-
NewsFever-Tree toasts “exceptional” first full year as listed company
Premium mixers manufacturer Fever-Tree has posted a 71% revenue rise and 82% increase in earnings in its first full year as a London listed company.
-
NewsJeff van der Eems steps down as United Biscuits CEO
Executive chairman Jim Zaza will assume the CEO’s responsibilities for the foreseeable future
-
NewsRevenues and profits soar at Fever-Tree on UK growth
Revenues for the full year to 31 December 2015 were up 71% to £59.3m
-
NewsMedia Bites: Sainsbury's/Argos, Dave Lewis, BHS
Sainsbury’s is preparing to raise its £1.3bn bid for Argos as the deadline looms in its takeover shoot-out with a South African furniture giant.
-
NewsFDF members dismiss EU stay campaign
The UK’s biggest fmcg suppliers have refused to give a mandate for the Food & Drink Federation to campaign against Brexit
-
NewsBeef & lamb exports fell in 2015, reports trade body
Total UK beef exports were down 11% at 100,400 tonnes, while total sheepmeat exports were down at 79,460 tonnes
-
NewsThe Grocer Price Index shows record deflation
Plus annual revenues soar at Baxters and the market takes a dim view of Morrisons’ turnaround progress
-
NewsMedia Bites 11 March: Morrisons, John Lewis, Home Retail Group
On a busy day for retail, the papers examine annual results from Morrisons, Waitrose owner John Lewis Group and Argos owner Home Retail Group.
-
NewsBaxters revenues soar as Wornick deal drives up US sales
Revenues leapt 40% at soup manufacturer Baxters last year after huge US growth saw international revenues outstrip UK sales.
-
NewsTesco could attract major third party investment for O2 buyout
Tesco is currently in talks with O2 in a bid to buy its share of Tesco Mobile
-
NewsWaitrose operating profits up 4% despite tough conditions
Like-for-like sales at Waitrose fell 1.3% during the last year
-
NewsGovernment suffers defeat on Sunday Trading reform
MPs voted 317 to 286 against the proposals to relax Sunday Trading laws