All Finance articles – Page 4
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Troy Foods deal secures future of Holmesterne Foods
Holmesterne had faced margin pressures stemming from high input costs across ingredients, packaging and its factories
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EG Group sells Australian forecourt business to Ampol in £528m deal
EG Group has followed up the sale of its business in Italy with a divestment in Australia
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Lucozade maker Suntory Beverage & Food GB&I revenues and profits climb despite shortages
Turnover at SBF GB&I in the year ended 31 December 2024 grew by 1.5%, while operating profits climbed 14.0%
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HelloFresh cuts profit forecast as sales fail to deliver
HelloFresh’s share price has already fallen around 30% so far this year and almost 90% since its peak
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Carlsberg growth propped up by Britvic acquisition
The Danish brewer is several facing struggles such as weak demand, tariffs and poor weather
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Vertical farming company Vertical Future appoints administrators
The London-based business was placed into administration on 12 August
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Two Morrisons stores sold to US-based REIT for £51m in latest property deal
The two stores in Loughborough and Ilkeston will be leased to Morrisons on a long-term triple-net basis
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Frugalpac launches £5m crowdfund campaign for Frugal Bottle expansion
The Ipswich-based business has already secured £1m from existing and new investors ahead of the launch of the campaign on the Crowdcube platform
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Stocked readies retail expansion as it secures seven-figure sum in seed funding round
Backers in the £1.3m seed round include consumer-focused investment firm Active Partners, serial fmcg investor Giles Brook, Olympic triathlon champion Alistair Brownlee and former England rugby player Will Greenwood
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Treasury Wine Estates revenues boosted by China exports
Underlying profits at the group jumped 17% for the year to A$770.3m
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Glanbia lifts earning guidance following ‘resilient’ first half
The London-listed nutrition group increased revenues by 6% to $1.9bn in the six months to 5 July, with volumes up 0.9%, prices by 3.4% and 1.7% coming from acquisitions
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EG Group exits Italy with €425m forecourt sale
The deal will mark the Blackburn-headquartered group’s full exit from the Italian market as it continues to execute its strategy to focus on core markets and strengthen the balance sheet
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Dawn Meats agrees to £110m investment in New Zealand red meat processor Alliance Group
Dawn Meats has agreed to invest NZ$250m in New Zealand’s largest processor and exporter of sheepmeat Alliance Group
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Hunter & Gather set for next stage of growth as it raises £1m
Hunter & Gather has secured a further £1m in investment to fuel a retail expansion and support new product development
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Packaging tax driving food inflation and worse to come, says Bank of England
In its Monetary Policy Report for August, the bank says the introduction of EPR is one of the reasons UK food inflation is outstripping that seen in the EU
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Higher food sales ‘barely touching the sides’ of extra labour costs
Rising food inflation meant increased spending was more due to higher prices than rising demand
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Astonish cleans up with double-digit revenue growth
Revenues jumped 15% to £66.5m in the year to 31 May 2025 at the Yorkshire-based family-owned company
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Iceland slips to loss as supply chain and employment costs surge
Iceland warns of food inflation this year due to labour costs arising from last autumn’s budget
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Robbie Williams backs Australian non-alcoholic beer brand Heaps Normal ahead of UK launch
The exact sum invested and equity received by Williams was not disclosed
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UK companies cut back on hiring over tax and labour costs
The Bank of England is watching the jobs market closely as it weighs up further rate cuts