Morrisons’ bid to profit from the horse meat scandal will provide a ‘short-term bounce’ rather than a long-term turnaround, say City analysts. Morrisons' gain from the horse meat scandal is likely to be short-term: City ...
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
Britain’s biggest food manufacturer Premier Foods has confirmed the completion of the sale of its sweet pickles and table sauces business to Mizkan for pound 92.5M in cash. Premier Foods has completed the sale of its sweet ...
Tags: food manufacturer, Premier Foods, sweet pickles, table sauces
Meat firm Cranswick has fought off still competition to win a pound 30M contract to become Asda’s main fresh pork supplier. An Asda spokeswoman told FoodManufacture.co.uk: “We have moved the majority of our pork business ...
Tags: Meat firm, Cranswick, fresh pork supplier
Meat firm Cranswick has offset rising pig prices to deliver "impressive growth" in the three months to December 31, according to City analysts. Cranswick delivered "impressive growth", despite soaring pig prices Panmure Gordon analyst ...
Tags: Cranwick, pig prices, Meat firm
Scottish food manufacturer Browns Food Group has acquired the Hall's brand from Dutch multi-national Vion for an undisclosed sum, safeguarding 50 jobs. Browns' aquisition of the Hall's brand has saved 50 jobs Browns finance director ...
Tags: Food Group, food manufacturer, meat industry
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
Premier Foods' "short and sweet" trading statement issued yesterday (January 17) reveals the progress senior management is making in reviving the fortunes of the debt-laden food manufacturer, according to City analysts. Premier Foods ceo ...
Rising sugar prices in Europe helped boost revenues and offset flat grocery sales for Associated British Foods in its third quarter. Group sales climbed 13% in the 16 weeks ended 23 June, the Ryvita maker said today (12 July). Sugar ...
Tags: sugar prices, grocery sales, Associated British Foods, third quarter
Premier Foods plc has refused to be drawn on reports it has hired Goldman Sachs to talk to potential suitors for its bread business. Sky News and The Times reported the UK food maker had asked the investment bank to sound out whether ...
Tags: Premier Foods plc, Goldman Sachs, bread business, food industry
Convenience food group Greencore has reported a rise in third-quarter sales, boosted by growth across its business. The company today (31 July) posted a 6.7% increase in underlying sales for the 13 weeks to 29 June. The 6.7% "core ...
Tags: Greencore, sales, underlying sales, company news
A management buyout is the"most likely"result of Vion's dramatic exit from the UK's meat processing market,according to City analysts. Investec Securities analyst Nicola Mallard told FoodManufacture.co.uk:"A management buyout is the most ...
Tags: Vion, meat processing market, management buy out, food businesses
A management buyout is the"most likely"result of Vion's dramatic exit from the UK's meat processing market,according to City analysts. Investec Securities analyst Nicola Mallard told FoodManufacture.co.uk:"A management buyout is the most ...
Tags: buyout, meat processing market, Vion
Efficiency improvements and successful price negotiations are helping meat firm Cranswick offset the impact of rising feed costs,according to City analysts commenting on its interim results for the six months to September 30. Reported ...
Tags: Cranswick, feed costs, input costs
Morrisons appears to be upping its game after its"very disappointing"third quarter,according to Shore Capital analysts Clive Black and Darren Shirley. Black and Shirley's comments followed the latest Nielsen report on supermarkets'market ...