All Finance articles – Page 201
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NewsCity Snapshot: Lab grown meat backer Agronomics raises £62.5m in share placing
Cultivated meat group Agronomics has raised more than £60m as investors continued to place big bets on the alternative protein market.
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NewsMedia Bites 13 May: Diageo, Charles Wilson, Delivery Hero, Compass
Diageo is to return billions of pounds to shareholders on the back of higher than expected profit growth, as drinking and partying around the world bounce back from the impact of Covid-19.
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Comment & OpinionWhat’s Valeo's next move with Bain Capital's big money backing?
Valeo has become an expert in snapping up undervalued business, identifying synergies and extracting maximum value
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NewsCannabrew raises £200k from the crowd to win supermarket listings for CBD beer
Elliot Horner started the Lancaster-based business in 2019 after recognising the growing trend for CBD products
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NewsMedia Bites 12 May: Morrisons, THG, Just Eat Takeaway, Deliveroo
Morrisons first-quarter results are the big news this morning in the papers.
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NewsCity Snapshot: Diageo returns to growth as markets recovery from lockdown
Drinks giant Diageo is restarting its programme to return £4.5bn to shareholders as its first-half performance benefitted from strong trading across its global markets. Plus, on a busy morning, Coca-Cola HBC updates on its Q1 performance, Marston’s names a new CEO, Compass Group reports its first-half results and Ahold Delhaize reveals Q1 figures.
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Analysis & FeaturesWhat does Kitwave Group’s IPO mean for the business and what comes next?
The family-owned business is only the second food and drink wholesaler to be listed from The Grocer’s Big 30
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NewsHiggidy profits hit record highs during Covid lockdown
Higgidy said awareness of the brand had grown while consumers were working from home
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NewsRapid grocer Fancy reveals UK expansion plan following Gopuff acquisition
Fancy offers products across several categories, promising delivery within 30 minutes
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NewsMedia Bites 11 May: THG, Greggs, Hotel Chocolat, Waitrose
The Hut Group is in focus this morning in the papers, alongside a flurry of other food and drink news.
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NewsCity Snapshot: “Encouraging” start for Morrisons but sales growth slows in Q1
Growth has slowed at Morrisons in its first quarter as society began to reopen and the supermarket started to lap its own figures from last year when panic-buying was in full force during the first national lockdown. Plus, Q1 figures from Coca-Cola Europacific Partners, THG acquire US beauty product manufacturer, the latest retail sales data from BRC-KPMG and the latest spending report from Barclaycard.
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NewsSmol raises $34m to expand DTC detergent startup
Smol, founded by two former Unilever directors, has raised $34m (£24.1m) in a funding round
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NewsHotel Chocolat shares soar on expectation of post-lockdown profits boom
Revenues at the business in the eight weeks to 25 April were 19% higher than two years ago
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NewsValeo acquired by PE giant Bain Capital
Current PE owner CapVest hired bankers at Goldman Sachs earlier this year to run an auction for Valeo, with a reported price tag of around £1.5bn
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NewsNutri-Genetix secures £50k on Dragons’ Den
The food tech brand, which claims to have developed the world’s first genetically personalised nutrition shake, secured the backing of Peter Jones and Touker Suleyman on the BBC One programme aired on 6 May 2021.
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NewsMedia Bites 10 May: Asda, Gousto, Tesco
Asda is to deliver groceries to customers when they are not at home in a major escalation of the supermarkets arms race for online shoppers.
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NewsCity Snapshot: Greggs profits from easing of lockdown as sales surge
Profits at Greggs look set to return to pre-Covid levels quicker than expected after sales at the bakery chain surged as shoppers flocked back to the high street in April. Plus, a trading update from Hotel Chocolat reveals a strong performance.
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NewsPlenish set for major retail push following acquisition by Britvic
Plant-based drinks maker Plenish is set to take on Alpro and Oatly as part of a major retail push by new owner Britvic following its acquisition this week.
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NewsRiverford Organic Farmers revenues rise on ‘phenomenal surge in demand’
Turnover at the Devon-based company jumped 13.5% to £75.7m for the 52 weeks to 30 April 2020.
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NewsCity News: AB InBev’s new top team will benefit from post-lockdown resurgences
AB InBev confirmed on Thursday that CEO Carlos Brito would step down after 15 years in charge, to be replaced by North America chief Michel Doukeris, amid a strong rebound of first quarter sales as coronavirus restrictions eased across key markets.