All Finance articles – Page 39
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News
Butcher’s Pet Care back in the black after £30m sales growth
Petfood player Butcher’s Pet Care has bounced back into the black following stellar sales growth, driven by growth in its range and international reach
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News
Harvey Nichols recovery hampered by cost increases and discounts
Latest accounts add further detail to what was a difficult period for the retailer
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Analysis & Features
Revealed: trends driving record growth for UK’s ‘Fast 50’ food and drink brands
Despite inflation and supply disruption, the Fast 50 report reveals unprecedented growth rates, with a record number of women-led businesses
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News
City snapshot: UK consumer confidence continues to improve as inflation eases
UK consumer confidence improved once more in April as inflation eases, according to the monthly GFK consumer confidence index
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News
Media Bites 26 April: Sainsbury’s, Nestlé, Unilever
A packed morning in the papers sees Sainsbury’s latest annual results grabbing the most headlines
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News
CBD pioneer Trip tops Fast 50 list of food & drink brands
Surging growth pushed Trip to the number-one spot in the annual Fast 50 ranking conducted by mid-market financial services firm Alantra
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News
PZ Cussons flogging St Tropez in bid to simplify the group
PZ Cussons is selling self-tanning brand St Tropez after admitting the group is “too complex for its size”
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News
City snapshot: Sainsbury’s forecasts profits of £1bn in 2024 on strong grocery growth
Sainsbury’s has posted an uplift in underlying annual profits and forecast another rise in profits in the current financial year. Plus updates from Unilever, Nestlé, CCEP, WH Smith and more
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News
Media Bites 25 April: PZ Cussons, Heineken, Reckitt Benckiser
A decision by PZ Cussons to offload self-tanning brand St Tropez and explore a sale of its Africa business makes headlines this morning
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News
Hogs Back owner buys London’s Mondo Brewing Co in pre-pack deal
Financial terms of the deal have yet to be disclosed
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News
Kerrygold owner sees 8% profit slump due to market challenges
The dairy company reported a turnover of €3.4bn, which was flat on last year when the company reported a record sales performance
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News
Media Bites 24 April: Grocery market share, ABF, Getir
Grocery inflation fell to a 30-month low in April, helped by a rise in promotional spending from consumers
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City snapshot: PZ Cussons to sell-off St Tropez to refocus group
PZ Cussons is kicking off a sale process for self-tanning brand St Tropez as part of reorganisation of the group. Plus, Reckitt Benckiser, Heineken and Nichols report Q1 numbers, Supreme issues a year-end trading update, and Haleon appoints Tate & Lyle CFO as its new CFO.
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News
Jacksons of Yorkshire acquires craft bakery Lottie Shaw’s
William Jackson Food Group has acquired Yorkshire-based craft bakery Lottie Shaw’s to add to its Jacksons of Yorkshire bakery arm
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News
Wholebake hires new CFO as turnaround makes progress
Snack bar supplier Wholebake has appointed a CFO and NPD & innovation manager as the business works on a turnaround
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News
Birds Eye makes two senior hires for UK & Ireland board
Birds Eye has appointed a new UK & Ireland finance director and a country manager for the UK to take responsibility for the Birds Eye, Aunt Bessie’s and Goodfella’s brands, which are all owned by parent group Nomad Foods
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News
Arla Food Ingredients swoops for Volac’s whey nutrition business
Arla Food Ingredients has agreed a deal with dairy business Volac to take over its whey nutrition division and turn the Welsh factory into a global production hub
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News
Samworth Brothers expands food-to-go operation with Real Wrap Co deal
Samworth Brothers has taken full ownership of food-to-go supplier The Real Wrap Company following the purchase of a minority stake in the business last year
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News
City snapshot: Grocery price inflation falls amid increase in promotions
Grocery price inflation fell for the 14th consecutive month back to 3.2% last month, aided by a significant increase in promotional spending
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News
Media Bites 23 April: Asda, Tesco, Chill Brands
Asda is in focus in this morning’s papers after releasing its annual results