All articles by Henry Saker-Clark – Page 21
-
NewsHaribo sales jump 4% despite 'challenging' market conditions
Dunhills (Pontefract) grew sales despite a 1.2% decline in the wider consumption of confectionery last year
-
NewsPremier Foods rallies support as activist investor calls for Gavin Darby's departure
Activist investor Oasis Management “intends to vote against” the re-election of Premier Foods CEO Gavin Darby at the company’s AGM next month.
-
NewsCity snapshot: Starbucks' third quarter to undershoot expectations
Starbucks has announced new sales forecasts for its third quarter trading significantly below analysts’ expectations. Plus, Dairy Crest boss Mark Allen’s pay doubled last year to £2.6m and all the rest of the latest news from the City.
-
NewsMedia Bites 20 June: Asda/Sainsbury's, Carbon dioxide, Dairy Crest
MPs have been warned that the £12 billion merger of J Sainsbury and Asda could have “unintended consequences” that will hit British farmers and smaller suppliers hard.
-
NewsNestlé to build £55m UK logistics warehouse
Nestlé is investing £55m into creating a state of the art logistics warehouse in the UK, which it claims will be one of the most advanced distribution centres in the world.
-
NewsMedia Bites 19 June: Sainsbury's/Asda, Ocado, Deliveroo
The proposed £7.3bn merger of supermarkets Asda and J Sainsbury could endanger competition, encourage price co-ordination and result in suppliers charging higher prices to smaller retailers.
-
NewsSales jump 31% at Ferrero after Thorntons acquisition
However as sales grew, profitability suffered
-
NewsCidermaker Thatchers' sales rocket 17% to grow profits
The manufacturer of Thatchers Gold and Thatchers’ Haze brands hit sales of £84.9m on the back of increased marketing investment
-
NewsRejuvenation Water seeks £150k investment from crowd
The drinks company, which has focused on health-driven consumer trends with the high protein drink, has returned to the cr…
-
NewsFood Warehouse expansion drives 8% Iceland annual sales rise
Sales at Iceland rose 8% for the year ending 30 March 2018 driven by the expansion of its Food Warehouse concept and improved organic growth in the fourth quarter.
-
NewsMedia Bites 15 June: Unilever, Majestic Wine, Farmdrop
Unilever has said it is “extremely” unlikely to stay in the UK’s FTSE 100 index once it shifts its corporate headquarters to the Netherlands
-
NewsCity snapshot: Tesco first quarter like-for-likes up 2.1%
Tesco’s growth plans are firmly “on track” after it reported a tenth consecutive quarter of growth, with UK like-for-like sales up 2.1% in the first quarter. Plus, sales at Iceland rose 8% for the year ending 30 March 2018 with like-for-likes up 2.3% and all the rest of the latest news from the City.
-
NewsTayto expands again with buyout of The Real Pork Crackling Co
The Northern Irish snacking group has purchased the company from owner Chris Cunliffe for an undisclosed sum.
-
NewsWarm weather boosts UK retail spending in May
UK retail sales defied expectations to jump up for the second month in a row in May, buoyed by the warm weather, according to the monthly retail statistics from the ONS.
-
NewsProfits up at Fullers Frozen Food after 5.7% sales increase
Sales at Fullers Frozen Foods jumped up 5.7% to £285m in 2017 from £269m, driving up profits despite cost increases
-
NewsCity snapshot: CCEP faces rising costs due to UK sugar levy
Coca-Cola European Partners will today tell investors that revenue is growth for the year is expected to be in the “low-single digits” but that the recent UK soft drinks levy will add 4% to its costs. Plus, Deliveroo is to rapidly expand across the UK and increase its restaurant numbers by around 50% and all the rest of the latest news from the City.
-
NewsMedia Bites 13 June: Sainsbury's/Asda, Deliveroo, BAT
A British parliamentary committee will question the CEOs of the Sainsbury’s and Asda ahead of their proposed combination
-
NewsCity snapshot: Currencies weigh on first half earnings at British American Tobacco
British American Tobacco said its first half-year trading was in line with expectations but warned that currency exchange rates would inhibit growth. Plus, the latest on Poundworld’s plunge into administration and all the rest of the latest news from the City.
-
NewsMedia Bites 12 June: Poundworld, Mars, Ocado
Poundworld has plunged into administration putting 5,100 jobs in jeopardy after efforts to secure a last-minute buyer failed.
-
NewsDr Oetker profits fall 31% after cost increases
Frozen food supplier Dr Oetker has seen profits fall on the back of cost increases despite a 2.4% rise in sales