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Panmure Gordon
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Hilton Foods to Acquire UK Fish Processor Icelandic Group
Oct 24, 2017Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
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Tesco Has Signed a Multi-Million Pound Deal with Specialist Meat Packing Business Hilton
Dec 4, 2013Tesco has signed a multi-million pound deal with specialist meat packing business Hilton Food Group to boost the supply of packed fresh meat products in the UK from its plant near Huntingdon. Hilton's new partnership with Tesco was ...
Tags: Agriculture, Food
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Greencore's Full-Year Results Reveal Both The Resilience of The Convenience Foods Sector
Nov 27, 2013Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon. Greencore ...
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Britvic Was Hit by 9.6M in Costs Through Its Abortive Merger with AG Barr
Nov 27, 2013Britvic was hit by 9.6M in costs through its abortive merger with AG Barr, but has shrugged this off with strong annual results and is targeting greater efficiencies and cost savings. Britvic's Fruit Shoot has recovered its market share ...
Tags: Britvic, streamline, production, supply, fizz, return
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Fresh Pork Business Was "The Stand out Performer" in The Firm's Interim Results
Nov 26, 2013Meat processor Cranwick’s fresh pork business was “the stand out performer” in the firm’s interim results for the six months to September 30, says City analyst Panmure Gordon. Year-end debt Cranwick’s net ...
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Premier Foods Is Remaining Tight-Lipped
Nov 19, 2013Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion. Premier Foods' plan to seek a financial ...
Tags: Premier Foods, tight, bread
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Premier Foods Has Confirmed Press Reports That It Is Seeking a Partner to Raise Funding
Nov 7, 2013Premier Foods has confirmed press reports that it is seeking a partner to raise funding for its troubled bread business. Sliced and diced: Premier Foods is looking for a partner for its troubled breads business The debt-laden food ...
Tags: Agriculture, Food
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Premier Foods Is Considering Selling Its Hovis Brand to Grupo Bimbo
Sep 17, 2013City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world's biggest baker Grupo Bimbo. Panmure Gordon was sceptical about rumours suggesting Grupo Bimbo will acquire ...
Tags: Agriculture, Food
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Hilton Food Group's Half-Year Posted Results Received a Mixed Reception From City Analysts
Sep 11, 2013The Hilton Food Group's half-year results posted today (September 10) received a mixed reception from City analysts. Hilton Food's Australian joint venture with Woolworths would become 'a major profit centre', predicted Panmure Gordon ...
Tags: Agriculture, Food
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ABF's Sugar Division Disappointed City Analysts, While Its Primark Business Shined
Sep 10, 2013The performance of Associated British Foods' (ABF's) sugar division has disappointed City analysts, while its Primark business continues to shine. The UK bread market remained 'intensely competitive' with 'some pressure on margins', said ...
Tags: Agriculture, Food, bread market
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Greencore's Third Quarter Results Tell a Tale of Two Regions
Aug 5, 2013Greencore's third quarter (Q3) results tell a tale of two regions, with strong progress in the US offsetting declines in its UK home market. Greencore's product mix includes a range of prepared meals Italian ready meals, poor weather ...
Tags: Agriculture, Food
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The Cold Spring Threatened to Put The Chill on Unilever's Ice Cream Sales
Jul 24, 2013The cold spring and problems in emerging markets are likely to put a chill on Unilever's second-quarter and half-year results, predicts City analyst Investec. The cold spring in the northern hemisphere threatened to put the chill on ...
Tags: Agriculture, Food, ice cream
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Specialist Meat Packer Hilton Food Group Could Lead It to Benefit From Horsemeat Crisis
Jul 23, 2013Specialist meat packer Hilton Food Group's strategy of operating with one customer per market could lead it to benefit from the horsemeat crisis, predicted City analyst Shore Capital. Hilton Foods' business model of one customer per ...
Tags: Hilton Foods, Agriculture, Food
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AG Barr Is Remaining Tight-Lipped About Press Reports
Jul 16, 2013Irn Bru maker AG Barr is remaining tight-lipped about press reports that it is preparing a £1bn bid for Glaxo Smith Kline’s iconic drink brands Ribena and Lucozade, in the wake of its failed merger bid with Britvic. He ...
Tags: Glaxo Smith Kline, Failed merger deal, AG Barr, Ribena, Lucozade
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Allied Bakeries' Deal to Co-Op Stores Has Helped Grocery Division Achieve 7% Growth
Jul 12, 2013Allied Bakeries' deal to supply bread to Co-op stores has helped the grocery division of its parent company Associated British Foods (ABF) achieve 7% growth in the third quarter of its financial year. ABF's grocery division posted third ...
Tags: Agriculture, Food