Finance news – Page 593
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NewsCity snapshot: Strong fourth quarter drives Premier Foods to full-year sales growth
Premier Foods has recorded full-year sales growth of 0.6% after a better than expected sales boost of 1.4% in the fourth quarter.
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NewsPinkster Gin breaks into US and Australia
Specialist gin producer Pinkster Gin is exporting its products to the US and Australia after securing a £200,000 bank funding package.
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NewsPieminister expansion heats up with £1.4m funding
Pieminister is heating up its expansion plan after securing a £1.4m bank funding package.
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NewsP&H warns national living wage will lead to staff cuts
One in three independent convenience retailers say wage will force them to reduce staff hours and increase their prices
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NewsTyrrells swoops for German organic crisp maker Aroma
Tyrrells has made its first European acquisition after snapping up German organic crisp maker Aroma Snacks for an undisclosed sum.
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NewsMedia Bites 16 May: Premier Foods, Asda, Tesco, BHS
Premier Foods was in the spotlight again this weekend ahead of its full-year results on Tuesday; Asda boss Andy Clarke under more pressure ahead of Q1 results; and Tesco boss Dave Lewis says there is more rebuilding to do.
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NewsCity snapshot: Tyrrells takes a bite of German crisp maker
Tyrrells has continued its focus on international markets with its first European acquisition
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NewsFragmentation drives deals in wholesale and distribution
The wholesale and distribution sector was one of the key drivers of M&A activity during the first quarter
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NewsFentimans' posh pop sales fizz up by more than 25%
Overall sales grew 25% to £19.4m, with a 60% rise in export sales to £6.1m in the year to 31 July 2015…
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NewsLucozade Ribena Suntory posts big jump in profitability
The UK subsidiary of Japanese drinks giant Suntory managed to post a 0.5% rise in value sales
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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.