All Finance articles – Page 39
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NewsB&M shares sink to all-time low as investors worry about growth prospects
B&M shares plunged to an all-time low this week despite the discounter returning to growth in the UK for the first time in more than a year
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NewsPepsiCo steadies ship with positive Q2 trading
PepsiCo sales have rallied after a difficult start to the year, with its European division leading the charge
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NewsPremier Foods grocery sales hit by heatwave as demand for gravy, stock and soup falls
Revenues at Premier Foods were almost flat in the first quarter as a leap in sweet treats covered for a slump in grocery sales
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NewsOcado Group focused on moving to positive cashflow after ‘strong’ first half
Ocado Group has delivered a ‘strong’ first-half performance as revenues increased 13.2% to £674m and underlying adjusted profits almost doubled
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NewsMcBride shares tank on worries own-label boom has peaked
Shares in McBride have tumbled as the household cleaning product manufacturer warned of a potential slowdown in the booming demand for own label in supermarkets
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Comment & OpinionMarket reaction shows Diageo was right to ditch Crew as CEO
The tenure of Diageo boss Debra Crew will mostly be recalled with disappointment and her departure should come as no surprise
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NewsWilkin & Sons returns to profit as jam maker sees light at end of ‘very long and dark’ tunnel
Wilkin & Sons has bounced back to the black as the spreads manufacturer boosted revenues and got to grips with soaring input costs
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NewsFood & drink sector most bullish on mergers & acquisitions in 2025
Around five in six leaders in the UK and Irish food and beverage industry expect an increase in M&A in the sector over the next year
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NewsHungryPanda wins £11.7m payout after acquired business breaks contract
After receiving an initial sum worth $45.2m in December 2021, Easi’s owners withheld IT assets from HungryPanda vital to the business’ operation
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NewsDiageo CEO Debra Crew steps down by mutual agreement
The London-listed spirits company is searching for a new boss to lead turnaround efforts
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NewsCarlsberg Britvic to invest in £4m West Midlands logistics depot
The new depot will be designed with a focus on energy efficiency
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NewsOatsu to get Channel 4 TV ad as founder triumphs at ‘Small Business, Big Break’ competition
The challenger overnight oats brand will take a share, along with two other winners, of a marketing package worth more than £300k
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NewsSurprise jump for UK inflation as food prices continue ‘concerning’ rise
Food prices have climbed for the third month in a row, reaching their highest level for more than a year
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NewsRTD challenger Arrowtown Drinks in £400k fundraise to fuel growth
The brand said its revenues were forecast to grow by 300% this year
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NewsHilton Foods secures £22m investment into Foods Connected
Hilton Foods has secured £22m of investment for its supply chain management platform Foods Connected
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NewsB&M UK back in like-for-like sales growth in Q1
B&M UK like-for-like sales were up 1.3% in the 13 weeks to 28 June, assisted by drier weather and Easter timing, according to the retailer
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NewsInflation on supermarket shelves drives surge in UK food sales
Soaring prices in supermarkets has fuelled a jump in UK food sales in the past month, as volumes in store remained under “sustained pressure” and consumer confidence continued to drop
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NewsBakkavor completes £50m exit from China
The cash sale – for CN¥509m (£50m) – is expected to make Bakkavor a net profit of at least £18m
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NewsPladis ploughs £68m into McVitie’s and Jacob’s factory upgrades
The investment will primarily benefit its sites in the north west of England
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NewsCompleat Food Group acquires sandwich filling maker Freshpak
The acquisition – for an undisclosed sum – gives The Compleat Food Group new capabilities in egg processing