All Finance articles – Page 3
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News
WH Smith downgrades annual profit forecast by £30m in shock update
WH Smith has downgraded the profits for its North American division by £30m in a surprise update to the London Stock Exchange
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News
Premier Foods snaps up Merchant Gourmet for £48m
Premier Foods has snapped up premium ready-to-eat grain and pulse pouch brand Merchant Gourmet
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Crediton Dairy sees turnover rise against ‘challenging’ backdrop
The drinks producer saw turnover increase by £20m to £131.3m in the year to 4 January 2025
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News
DropWorks Rum readies £450k crowdfund campaign to support retail push
DropWorks’ rums are sold in over 400 venues, including a third of the UK’s top 50 bars and several Michelin starred restaurants
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News
‘Dinner for tonight’ drives grocery growth as Brits stay home
Brits are increasingly favouring healthier, home-cooked meals over dining out, according to NIQ
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News
UK inflation accelerates amid higher food prices
Food and drink prices have risen 4.2% compared with a year ago, their fastest rate in 18 months
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News
Milk & More on ‘sustainable growth’ path despite revenue fall
Milk & More saw revenues fall 13.8% year on year to £121.97m in light of volume contraction and portfolio reshaping
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News
Vita Coco sales race higher as coconut water demand booms
Vita Coco has continued to capitalise on consumers switching to healthier, less sugary beverages as UK sales at the business soared once again
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News
Genius Foods sales plummet but management confident of turnaround in 2025
Sales at Genius Foods have plunged by almost a fifth as the gluten-free baker struggled with a long-running turnaround attempt
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News
Food brands overcome inflation to outpace own label
It is the largest gap in favour of brands since March last year
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News
Lakrids By Bülow ready for global expansion following IDG Capital buyout
The business said the deal marked a significant milestone in its evolution from a local artisanal liquorice brand into a globally recognised premium confectionery player
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News
Lipton Teas & Infusions reports top-and-bottom line growth despite PG Tips woes
The supplier saw turnover increase by 11.5% to £111.7m in the year ended 31 December 2024, according to new results filed at Companies House
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News
Paramount Retail Group snaps up meat wholesaler DB Food Group
Paramount said DB Foods had built a ‘strong reputation as a trusted supplier of premium meat’, and was ‘recognised as a pioneer of sustainable practices’
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News
Inspired Pet Nutrition expands European foothold with strategic DTC acquisition
Inspired Pet Nutrition has moved to cement its entry into Europe with the purchase of Ultra Premium Direct, France’s leading DTC petfood brand
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News
Microsalt cuts sales forecast over US food dye ban
It is the latest problem for the startup this year after unauthorised debt repayments of $500k sent shares plummeting
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Finsbury Food Group acquires 70% stake in Lola’s Cupcakes
The acquisition forms part of Finsbury Food’s long-term growth strategy, targeting investments in high-growth segments of the bakery market
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News
Kingsmill owner ABF acquires Hovis in major bakery merger
Kingsmill owner Associated British Foods has inked a deal to acquire Hovis Group, after months of speculation
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Analysis & Features
Why are the UK’s biggest pizza delivery players struggling?
Papa Johns is an outlier in a market where sales are being sliced
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News
Ex-Diageo CEO Debra Crew awarded $5m pay packet
Crew received a 4.5% increase in base salary to $1.8m
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News
Carlsberg shares plummet following ‘mixed bag’ results
Shares in Carlsberg have plummeted after the brewing giant reported weaker than expected trading