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Panmure Gordon
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Britvic Is Apparently Having Second Thoughts About Its Plans to Merge with AG Barr
Jul 11, 2013Soft drinks firm Britvic has signalled its willingness to either renegotiate the terms of its merger with business rival AG Barr or abandon the deal, after the Competition Commission issued a final approval today (July 9) Britvic is ...
Tags: Agriculture, Food, Soft drink
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Vimto Manufacturer Nichols Is Poised for UK Growth Despite Cutting Promotional Strategy
Jun 18, 2013Vimto manufacturer Nichols is poised for UK growth despite cutting its promotional strategy, according to City analyst Panmure Gordon. Nichols' strategy of reducing UK promotional activity appears to be paying off, said Panmure Gordon ...
Tags: Vimto, Nichols, Panmure Gordon
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AG Barr Is Still Committed to a Merger with Britvic
May 29, 2013Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
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Dairy Crest Is Poised for UK Growth After The Sale of Its French Spreads Business
May 28, 2013Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
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Greencore Will Continue to Benefit From The Long-Term Trend Towards Convenience Food
May 24, 2013Chilled food manufacturer Greencore will continue to benefit from the long-term trend towards convenience food but, in the UK, the horsemeat scandal is continuing to depress its performance. Patrick Coveney predicted adjusted earnings per ...
Tags: Greencore, Convenience Food
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Britvic Is to Close Two Factories and a Warehouse
May 22, 2013Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
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Cranswick Is in "a Strong UK Position" After Reporting Revenue up by 7% to £875M
May 21, 2013Food producer Cranswick is in “a strong UK position” after reporting revenue up by 7% to £875M for the year to March 31, according to City analysts. Damian McNeela, analyst with Panmure Gordon, said: “We ...
Tags: Full year results, Cranswick, Meat, Pork
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Specialist Meat Packing Business Hilton Food Group Benefits From "Broad Geographic Reach"
May 16, 2013Specialist meat packing business Hilton Food Group is benefiting from its "broad geographic reach" despite the tough economic conditions, said City analyst Pamure Gordon. Hilton's wide geographic spread is helping to mitigate the full ...
Tags: Meat Packer, Hilton, Food
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Premier Foods Gavin Darby Says The Firm Has Too Many Suppliers
Apr 25, 2013The boss of Britain's biggest food manufacturer Premier Foods Gavin Darby says the firm has too many suppliers. Premier Foods' Power Brands recorded their fifth successive quarter of sales growth. But doubts remain about the firm's debt ...
Tags: Agriculture, Food
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Premier Foods Has Been Driven Down by One Newspaper Article
Apr 12, 2013The share value of debt-laden food manufacturer Premier Foods has been driven down by one newspaper article, according to City analyst Investec. Martin Deboo, analyst with Investec, said: “Premier’s shares continue their drift ...
Tags: Premier Foods, Food
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Premier Foods Has Been Driven Down by One Newspaper Article
Apr 11, 2013The share value of debt-laden food manufacturer Premier Foods has been driven down by one newspaper article, according to City analyst Investec. Restructuring its bread division remains a key challenge for Premier Foods Martin Deboo, ...
Tags: Agriculture, Food
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Meat Firm Cranswick Has Posted "Outstanding Trading" Both for The Year to March 31 2013
Apr 8, 2013Meat firm Cranswick has posted “outstanding trading” both for the year to March 31 2013 and its fourth quarter, according to City analyst Shore Capital. Cranswick's results were driven by 'new product development, robust ...
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Premier Foods Is Probably "a Zombie Company",According to City Analyst Panmure Gordon
Mar 29, 2013Debt-laden food manufacturer Premier Foods is probably “a zombie company”, according to City analyst Panmure Gordon. Premier Foods is ‘probably a zombie company’, said City analyst Panmure Gordon Its executive ...
Tags: Premier Foods, food manufacturer, food
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Hilton Food Is Likely to Suffer a Short-Term Impact From The Horsemeat Scandal
Mar 25, 2013Meat packing firm Hilton Food is likely to suffer a short-term impact from the horsemeat scandal, despite none of its products being involved, according to City analyst Panmure Gordon. Hilton Food Group was likely to suffer a short-term ...
Tags: Hilton Food, Horsemeat, Food
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2 Sisters Food Group Expects Horsemeat Scandal to Cause "Considerable Volume Reduction"
Mar 20, 2013The 2 Sisters Food Group expects the horsemeat scandal to cause "considerable volume reduction" to its ready meals business, according to its latest financial results for the 13 weeks to January 26. 2 Sisters said the horsemeat crisis ...
Tags: Horsemeat, Food Group, Food
