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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 Was The Subject of Media Reports Surrounding The Sale of 100M of Its Debt
Nov 19, 2013Premier Foods was the subject of media reports surrounding the sale of 100M of its debt and its Hovis brand – as well as seeing a number of its directors quit the company – over the last 12 months. On top of this, the firm had ...
Tags: Premier Foods, year, picture
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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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M&S's Food Business Delivered a "Commendable" Performance for The 26 Weeks to September 28
Nov 6, 2013Marks & Spencer's (M&S's) food business delivered a "commendable" performance for the 26 weeks to September 28, according to City analysts M&S's food business delivered 'a commendable performance', said City analyst Shore Capital Shore ...
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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The Global Food and Drink Giant Has Lowered Nestlé's Full-Year Growth Target
Aug 14, 2013A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé
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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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Britvic Planned to Cut Its Operational Costs by £30M , But Came as a "Bitter Blow"
Jun 5, 2013Britvic's announcement last month that it planned to cut its operational costs by £30M by closing factories at Chelmsford, Huddersfield and a warehouse in Belfast may have been well received by City analysts, but came as a "bitter ...
Tags: Britvic, Job losses, Agriculture&Food
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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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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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Unilever's Ice Cream Sales in Europe Have Been Hit by The Poor Spring Weather
Apr 26, 2013Unilever’s ice cream sales in Europe have been hit by the poor Spring weather, it has emerged as the consumer goods giant announced its first quarter (Q1) results today (April 25). Unilever has relaunched Cornetto in Europe The ...
Tags: Poor Spring Weather, Ice Cream, Food
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Two Leading City Analysts Are Recommending Investors Sell Shares in Booker
Apr 5, 2013Two leading City analysts are recommending investors sell shares in Booker – the UK's largest cash-and-carry wholesaler – as the firm posted another rise in sales. Booker is 'the highest rated UK food retailer by a country ...
Tags: Agriculture, Food
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Dairy Crest Has Bought Specialist Milk Business Proper Welsh Milk out of Administration
Mar 13, 2013Dairy Crest has bought specialist milk business Proper Welsh Milk out of administration, saving 40 jobs. Proper acquisition: Dairy Crest has bought specialist milk business Proper Welsh Milk, saving 40 jobs The business and assets ...
Tags: Dairy Crest, Milk Firm, Jobs