All Finance articles – Page 8
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WH Smith sells Funky Pigeon to Card Factory
WH Smith is selling the business after a strategic review that followed the sale of its high street business to Modella Capital
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Greggs confirms profit slip as sales growth continues to slide
Greggs’ like-for-like sales grew just 2.6% in the first half of the year, a slowdown it attributed to January’s heavy snow and strong winds and June’s unusually hot weather
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Mighty Drinks brand rescued by plant-based protein supplier The Mighty Kitchen
The Mighty Drinks brand will live on after administrators at the dairy-free milk alternatives business secured a sale to The Mighty Kitchen
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Former Manchester United sponsor Wow Hydrate set for relaunch following administration
Replenish+ Ltd, which is connected to Wow Hydrate by a common director, agreed to rescue the brand, buying the business and assets as a going concern
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Wasabi explores expansion plans despite hit to profits
The sushi giant is set to deliver on its plans to expand and is ‘exploring opportunities to work with franchise partners’
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Heineken sales fall due to supermarket disputes
The world’s second-largest brewer said volumes were worse than analysts’ estimates
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William Grant & Sons sees sales and profits slide amid ‘industry-wide challenges’
Turnover in the year ended 31 December 2024 fell by 6.5% to £1.83bn
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Cranswick to boost investment as demand for meat grows
Cranswick added an independent review into its animal welfarepractices is now “well advanced”
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Strong partnerships deliver 36% sales growth for Lakes Free Range Egg Co
Revenues for the egg supplier rose by £25m to £94.5m in the year to 30 October 2024
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Reckitt Benckiser shares power ahead as turnaround gains traction
Reckitt Benckiser is back in the City’s good graces as investors mopped up news of significant progress in a long-awaited turnaround at the Dettol to Durex multinational
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Rémy Cointreau raises full-year profit guidance as tariff threat recedes
The Cointreau liqueur maker said sales in the three months of its financial year grew by 5.7% – well ahead of analysts’ expectations
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Majestic backs project to build ‘UK’s largest urban winery’ by Vagabond Wines
The winery will have a production capacity of up to 100,000 bottles per year
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Treatt shares crash on profits warning
Treatt has lost more than a quarter of its market value as shares in the drinks ingredients firm crashed yesterday following a profits warning
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Supermarket sales bounce back in June as shoppers soak up the sunshine
June’s heatwave has been good news for supermarkets as food sales bounced back from a decline in May
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Consumer confidence falls as Brits save cash ahead of autumn budget
Brits are saving their cash as worries over never-ending inflation continue to haunt consumer confidence ahead of the coming autumn budget
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Bristol Beer Factory completes move to new £1.2m brewery
The 12,000 sq ft brewery is double the size of the brewer’s original site
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Ella Eyre invests in CBD drinks brand Intune
Eyre has also played an active role in a packaging refresh for the brand
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Juice inflation squeezes profits at Purity Soft Drinks
The cost of orange and apple juices have dragged on margins at the Juice Burst supplier
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Reckitt Benckiser lifts growth projections after cleaning up portfolio
Reckitt Benckiser has upgraded forecasts for its annual sales growth as the drive to simplify the health, hygiene and nutrition multinational showed early results
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Nestlé suffers decline as consumers react to higher coffee and chocolate prices
Sales and profits have fallen at Nestlé in the first half as the world’s largest food group continued to suffer from weak consumer sentiment