Finance news – Page 590
-
NewsCity sceptical over supermarket share price rallies
Supermarket share prices recovered in early 2015, but City investors remain unconvinced the pain of last year is over.
-
NewsHoliday periods in the UK and US just the tonic for Fever-Tree growth
Strong sales in the final two months of 2014 have pushed Fever-Tree’s full-year revenue comfortably ahead of expectations.
-
NewsGrocery deflation hits record high in the run-up to Christmas
Festive bargain-hunters got an early present as supermarket deflation accelerated to its highest level to date in the run-up to Christmas.
-
NewsSABMiller hit by third quarter China slowdown
Peroni brewer SABMiller has reported a 1% dip in third quarter lager volumes, driven by a significant decline in China.
-
NewsDelayed store openings take the shine off Poundland's record Christmas
More than seven million customers were served at Poundland in the peak Christmas trading week helping the discount chain to a record festive period.
-
NewsWH Smith focuses on margin as group sales slip again
WH Smith’s gross margin continues to grow, despite a 2% fall in like-for-like sales in the 20 weeks to 17 January.
-
NewsReckitt Benckiser fined £540k for share dealing reporting lapses
The UK’s Financial Conduct Authority (FCA) has fined Reckitt Benckiser Group £539,800 for “inadequate systems and controls” to monitor share-dealing by its executive team.
-
NewsWhitworths owner Real Good Food snaps up Rainbow Dust for £7.5m
Real Good Food has completed the acquisition of Rainbow Dust Colours in a deal worth up to £7.5m.
-
News
Unilever sales hit by challenging market conditions
Unilever has posted lower than expected full-year sales as growth remained mixed in emerging markets and Europe.
-
NewsFaccenda Foods grows sales for fourth year running
Poultry processor Faccenda Foods has increased its top line for the fourth consecutive year with profits more than doubling.
-
News
Strong retail growth at Thorntons pulled back by commercial sales weakness
Thorntons has reported like-for-like retail sales growth of 7.8% in the run-up to Christmas, but total second quarter revenues fell due to poor UK commercial sales.
-
NewsGreggs targets retail parks as it gets back on expansion trail
Greggs plans to reverse its recent programme of store reductions by expanding its estate away from the high street in 2015…
-
NewsPork Farms accounts reveal Kerry Foods deal terms
Pork Farms’ acquisition of the chilled savoury and pastry business of Kerry Foods has given the Irish food giant…
-
NewsMorrisons shares rise as Dalton Philips is axed
Deposed Morrisons CEO Dalton Philips will probably conclude Tuesday was not one of his best days.
-
NewsSupermarket price war to spell the end for hundreds of suppliers
Begbies Traynor predicts the collapse of more than 100 suppliers in new research
-
NewsBooming Latin American sales help Carrefour post 3.9% annual revenue increase
French retail giant Carrefour has posted full-year organic sales growth of 3.9%, boosted by strong growth it Latin America.
-
NewsSainsbury’s chooses EY as auditor as it drops PwC
Sainsbury’s’ board intends to drop PwC as its auditor in favour of Big Four rival EY for the upcoming financial year.
-
NewsLakeland Dairies looks to move into frozen yoghurt with acquisition of Taste Trends
Management team will remain in place, say deal allows company to grow
-
NewsOppo ice cream raises £300k through crowdfunding
Waitrose-listed Oppo ice cream has secured over £300k of crowd-sourced funding to support its ambitious expansion plans.
-
NewsStrong Christmas at Primark fails to sweeten profits at Associated British Foods as sugar woes continue
Further problems at Associated British Foods’ sugar business are set to hit profits in 2015.