Finance news – Page 530
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NewsArtisan bakery Bread Holdings records double-digit growth
The north London business, backed by Luke Johnson’s Risk Capital, leapt up the rankings in the recent Grocer Fast 50
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NewsOcado misses its own deadline for an international deal
Ocado looks set to miss its target of a first international tie-up before the year’s end…
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NewsCity Snapshot: Sainsbury’s leads the pre-Christmas price cuts
Sainsbury’s is leading the way among the supermarket price-cutters as the grocers head into the crucial Christmas trading period, according to this month’s GPI
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NewsMedia Bites: Ocado, Whitbread, plain packaging
The papers coverage of Ocado’s latest trading update unsurprisingly focusses on the lack of an update on international deals.
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NewsTwo thirds of global food sector seeking acquisitions next year
67% of global food respondents expect to pursue acquisitions over the next 12 months
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NewsDiageo's Distill Ventures invests £10m in Danish whisky brand
Stauning’s production capacity will grow from 15,000 to 65,000 litres per year
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NewsReal Good Food acquires sport supplement brand ISO2 Nutrition
ISO2 Nutrition is one of the leading suppliers within the sports supplements market
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NewsPZ Cussons shows 'strong' performance over past six months
A continuous innovation pipeline and a new Carex launch has helped PZ Cussons to a “strong” performance
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NewsCity snapshot: Ocado sales up again but no mention of international agreement
Ocado’s sales grew by 15% to £381.6m in the 16 weeks to 29 November
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NewsMedia Bites 10 Dec: Tesco, Morrisons, Taittinger
Tesco shares hit an 18-year low last night in the latest sign that the City is “losing faith in the grocery chain”.
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NewsRoyal Greenland invests in Canadian rival
Cold water prawn supplier Royal Greenland has taken a stake in a Canadian seafood producer rival in a bid for greater sector consolidation.
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NewsOne Stop profits halve despite sales edging closer to £1bn
Pre-tax profits fell from £21m to £10m on sales up from £789m to £925m
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NewsDavid Glennan joins British crisp maker Corkers as its new MD
Glennan previously founded Glennans, which became the largest manufacturer of vegetable crisps in Europe
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NewsFWD to offer £2,500 skills development grant to wholesalers
Grant aims to help build skills and encourage learning and development
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NewsCity snapshot: Frutarom makes 12th acquisition of 2015
Acquisitive multinational ingredients company Frutarom has snapped up two more companies as it continues to expand its reach in world markets.
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NewsMedia Bites 9 Dec: AB InBev, Dobbies, plain packaging
AB InBev has faced criticism in the US Senate over its takeover of SABMiller; Tesco-owner garden centres Dobbies slides into the red; and four tobacco giants prepares for a visit to the High Court.
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NewsPizza supplier Stateside Foods sees five-fold profits increase
Reported profits for the full-year to 28 February 2015 rose from £1.3m to £7.6m on sales that grew 6.9%
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NewsTreatt beverage focus helps sales rise
Ingredients group Treatt has increased revenues by 8.5% to £86m in the past year, with sales to fmcg suppliers being a particular growth driver.
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NewsSeafish appoints Marcus Coleman as new CEO
Marcus Coleman replaces Paul Williams as Seafish CEO
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NewsTesco business transformation director Jill Easterbrook to exit
Tesco director Jill Easterbrook set to leave after 15 years