All articles by Henry Saker-Clark – Page 23
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NewsMedia Bites 30 May: Ocado, Pret A Manger, Deliveroo
A surge in the value of online supermarket Ocado in recent weeks means it is poised to become one of Britain’s top 100 stock market-listed companies following the quarterly reshuffle of the FTSE 100 index.
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NewsCawston Press raises £1m investment for continued expansion
Upmarket soft drinks brand Cawston Press has secured £1m in investment following an equity fundraising round to support the fast-growing company’s expansion
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NewsSquirrel Sisters and Create a Crisp reach to crowd for funds
A pair of London snacking companies have reached out to the crowd for increased investment ahead of new supermarket listings
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NewsFood & drink exports boosted by EU sales growth
UK Food and drink exports jumped up 5.5% in the first quarter of 2018, driven by strong growth in EU markets
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NewsM&S profits plunge 62% amid store closure costs
Marks and Spencer’s pre-tax profits have plunged by 62.1% to £66.8m for the year, with performance hit by tightening food margins and the cost of store closures.
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NewsMedia Bites 23 May: Tesco, Sainsbury's, Costa Coffee
Numerous papers are this morning covering the news that Tesco will be closing its non-food website Tesco Direct, putting around 500 jobs at risk.
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NewsExport growth boosts annual sales at Cranswick
Fresh food supplier and producer Cranswick saw sales jump 17% for the year, boosted by strong growth in the export market.
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NewsCity snapshot: Greencore beats expectations despite £18.1m first half loss
Food-to-go manufacturer Greencore has suffered a “challenging” first half of the year, impacted by its struggling US business, but its figures this morning were ahead of analysts’ expectations. Plus, strong exports help boost Cranswick’s annual sales by 17%, Ocado on the rise again and all the rest of the latest news from the City.
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NewsCampbell Soup Co CEO resigns as company posts profit warning
The CEO of Campbell Soup Company has resigned as shares dived following a profit warning as the company announced its quarterly results
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NewsBatchelors Super Noodles fuel Premier Foods growth
Batchelors Super Noodles pots have “exceeded expectations” since hitting shelves last year
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NewsHealthy snack bar supplier Squirrel Sisters reaches out for £185k investment
Healthy snack bar business Squirrel Sisters is looking for £185k in investment to pump into increasing distribution, marketing and NPD
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NewsTurnover up 19% at premium petfood supplier MPM
Sales have surged a premium petfood manufacturer MPM Products, two years after being purchased by a private equity group
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NewsGluten-free biscuit supplier Northumbrian Fine Foods bought by Biscuit International
Northumbrian Fine Foods, the UK’s leading gluten and milk-free biscuit manufacturer, has been purchased by French giant Biscuit International.
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NewsMedia Bites 16 May: Discounters, Premier Foods, Deliveroo
Lidl and Aldi could be forced to reveal details of the inner workings of their growing empires as part of the investigation into Sainsbury’s merger with Asda.
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NewsPremier Foods moves forward debt targets after accelerating sales
Premier Foods has pushed forward its target for paying down its debts by a year, following better than expected growth in 2017-18.
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NewsCity Snapshot: Premier Foods annual growth surges to 3.6%
Premier Foods heralded its “strongest annual performance in five years” after sales grew 3.6%, driven by double figure growth in international and non-branded sales. Plus, Patisserie Valerie, saw revenues climb 9.1% in its first half and all the rest of the latest news from the City.
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NewsCotswolds Distillery raises £2.2m from crowd for promotion, distribution and site investment
The Cotswolds Distillery is overfunding after smashing its £2m crowdfunding target to boost its advertising and promotion, increase its distribution network and pay for the building of a new visitor centre.
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NewsSimano Foods rescued from administration
Simano hired administrators after suffering “unforeseen losses” on a number of major contracts over the past year…
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NewsEast London Liquor and Cotswolds smash crowdfunding targets
Two craft gin and whisky distilleries have exceeded their seven-figure crowdfunding targets to scale up and tap the UK’s growing thirst for craft spirits
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NewsMeatsnacks slips into the red as soaring costs offset growth
ltong and jerky manufacurer, Meatsnacks Group, saw more than £1m in cost increases result in an £80k loss despite growing sales