Results – Page 110
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NewsGreencore benefits from double-digit food-to-go growth
Greencore has posted a 7.4% like-for-like full-year revenue increase on booming food-to-go sales after a period of significant strategic change.
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Analysis & FeaturesCranswick shows strategic investment can pay off despite food retail woes
Meat producer Cranswick admitted today it was feeling the effects of changing consumer shopping habits and the rise of the discounters and convenience stores – but its share price is currently 28% up year-on-year and rose another 5.4% today after solid first half results.
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Analysis & FeaturesCould the big four become the big three?
Goldman Sachs’ contention that the supermarkets needed to cut 20% of retail space created plenty of headlines this week, but the bank’s suggestion that the industry could be ripe for consolidation went almost unnoticed.
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Analysis & FeaturesBig four supermarkets dive to deepest rate of deflation yet
Food prices hit new lows last month as the big four supermarkets experienced the highest rate of deflation to date…
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NewsRaisio buys rights to Benecol in the UK ahead of global growth push
Finish food group Raisio has acquired the rights to cholesterol lowering food brand Benecol in the UK, Ireland and Belgium
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Analysis & FeaturesGrocers outside the big four are also feeling the pinch
Today’s Kantar Worldpanel data on the grocers again shows an industry under pressure – but it is no longer just three listed supermarkets suffering in the fallout.
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NewsB&M in talks to buy stores after 30% first half growth
B&M European Value Retail is in talks with six retailers to buy more stores as it looks to match its rapid revenue growth by expanding its estate.
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Analysis & FeaturesNew Britain Palm Oil outperforms Stock Market after knockout bid
It’s been a rollercoaster ride for New Britain Palm Oil, but it’s leaving the FTSE on a high
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NewsSABMiller suffers slight decline in profit margin
SABMiller has reported a fall in first-half profit margins after weak demand in China and competition in the Australian market damaged sales.
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Analysis & FeaturesPureCircle’s sweet success as share price outperforms market
Price of PureCircle’s shares proves stevia’s status as a bona fide sugar substitute
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NewsPeroni and Urquell drive 11% hike in Miller Brands UK revenue
A strong performance by world beer brands Peroni Nastro Azzuro and Pilsner Urquell has driven an 11% rise in Miller Brands UK revenues (less excise and similar taxes) in the six months to September.
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NewsAsda will not react to short-term tactics, pledges Clarke
Grocery market upheaval including the continued rise of the discounters was today described as an industry “shockwave” by Asda boss Andy Clarke.
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NewsBakkavor's UK growth outperforms the market with sales up 3.4%
Fresh prepared foods producer Bakkavor has seen its UK business outperform the market in its third quarter.
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Analysis & FeaturesGreggs pasty tax victory only half the story of resurgence
Greggs is one of the British high street’s best-loved brands, a point that was reinforced when it took on Chancellor George Osborne…
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NewsSainsbury's reports half-year loss as it sets out strategic review
Sainsbury’s has reported a statutory pre-tax loss of £290m for the 28 weeks to 27 September 2014, as it warns the UK grocery market is changing faster than at any time in the past three decades.
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Analysis & FeaturesGreencore's growth: it's all about sandwiches
In the second in our series of articles on top performing grocery stocks in 2014, Greencore has proved that Horsegate is a distant memory
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Analysis & FeaturesCrawshaws revealed as best performing grocery stock of 2014
It’s not all doom and gloom. In a series of articles this week, we present grocery plc’s fastest growing stocks in 2014.
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NewsRecord £16.6m profits for Carr's Milling Industries
Carr’s Milling Industries has posted record profits following the opening of a new mill last year.
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NewsRaisio UK cereals and snacks business returns to profit
Sugar Puffs parent Raisio saw its UK cereals and snacks business return to profit…