Finance news – Page 534
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NewsGreencore focus on food-to-go helps sales rise
Greencore has increased sales 5.2% to £1.34bn in the year to 25 September as its strategy to focus on food-to-go pays off.
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NewsB&M hands audit contract to KPMG
B&M has ended its 18-year relationship with Grant Thornton as chooses a new auditor.
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NewsSupermarket price war squeezes SME supplier profit margins
The gap between profit margins of Britain’s smallest food producers is widening versus their bigger competitors thanks to the supermarket price war.
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NewsMoy Park set to invest further in Derbyshire poultry facilities
finanThe investment is part of a wider growth strategy that remains on track following its sale to JBS
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NewsCity snapshot: Small food suppliers are the main casualties of price war
Small food manufactures are being hit the hardest by the raging supermarket price war, with margins being squeezed by more than a third, according to a new research.
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NewsMedia Bites 23 November: Black Friday, Autumn Statement, Morrisons
The papers reflect the fact that this week brings the Chancellor’s Autumn Statement and Black Friday.
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NewsOmsco wins licence to export UK organic dairy to China
The deal means Omsco can also supply milk to dairy processors who want to export to China
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NewsSurplus redistributor Company Shop gets £7.6m expansion cash
Surplus food redistributor Company Shop has secured a £7.6m funding package
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NewsAsda Price Guarantee placed under review
CEO Andy Clarke confirmed a decision on the scheme would come early next year
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NewsCity News: Poundland's dramatic tumble
Shares in fixed-price discounter Poundland took a dramatic tumble to all-time lows
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NewsWayne Hudson named Birds Eye managing director
Hudson to replace Andy Weston-Webb as he takes on newly created role of chief commercial officer
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NewsCity snapshot: Seabrook profits soar as business enters 'growth phase'
Bye said it was the first year of the “growth phrase” at Seabrook after completing a three-year turnaround
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NewsResurgent Seabrook Crisps sees profits soar 60%
Profits have climbed more than 60% at Seabrook Crisps in the year leading up the £35m buyout by LDC
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NewsPoundland stock hits all-time low
Poundland shares plunged 20% in early morning trading to a record low
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NewsGenius plans to hike frozen sales with Chapel acquisition
The free-from bakery brand has bought the supplier in a £3.5m deal
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NewsMedia Bites 19 November: Online sales, McVitie's, Network Rail
After a day with little activity to speak of in the grocery and fmcg sector, the papers are light on retail stories this morning.
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NewsCity snapshot: Poundland to speed up 99p conversion with losses expected
Poundland has accelerated the conversion process of the acquired 99p Stores in an attempt to stop sales and profits haemorrhaging at the format it bought for £55m earlier this year.
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NewsCurious Drinks eyes more crowdfunding cash after smashing target
Chapel Down has increased its fundraising target for its fast-growing beer and cider business Curious Drinks to £3.7m after smashing its £1m crowdfunding bid in less than a month.
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NewsSweet maker secures tasty funding package
Asian sweets producer Mushtaq Sweet Centre has set up a manufacturing hub in Birmingham after receiving a six-figure funding package.
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NewsXottle launches £200k fundraising drive
The makers of an innovative new drinking container for enjoying beer-on-the-go are looking to raise £200,000 to support further product development.