Dairy Crest will reap big rewards from its spreads business, Shore Capital analyst Darren Shirley claims, raising his profit forecast for the division by £26M as he covered its interim...
Leading analyst Clive Black was withering regarding Ocado’s move into profit for the first time since its launch 15 years ago.
Seabrook Crisps could “investigate areas for potential investment” to speed up growth after appointing independent corporate finance advisor McQueen, according to ceo Jonathan Bye.
Associated British Foods (ABF) has blamed low oil prices and the weakening euro for its £98M write down on its investment in the joint venture bioethanol business Vivergo Fuels.
Tesco has agreed to pay ceo Philip Clarke £1.2M and chief financial officer Laurie McIlwee £970,000 in damages, having suspended payments following their 2014 departure from the business.
Vimto soft drinks maker Nichols has reported positive trading results for the second half of 2014, in a statement released last month.
Weetabix has refused to confirm or deny whether one of China’s largest food companies is preparing to buy out the firm completely, despite city analysts calling the move “inevitable”.
Suppliers to the retail sector can expect seismic changes in their relationships with customers over the year ahead as the multiples attempt to fight back against the rise of the...
The supermarket price war has saved shoppers up to £5 a week over the past year, according to an independent shopping and comparison website.
Cranswick’s third-quarter results, boosted by strong Christmas sales, continued to buck the flat or downward trend in the UK grocery market, said City analysts.
Food and drink manufacturing mergers and acquisitions (M&A) have been mainly driven by intense competition in the UK retail sector, according to analysis from Grant Thornton.
Food and drink manufacturers’ exports could be threatened by the recent Greek election result, if the successful Syriza party destabilises the euro, warns a specialist foreign exchange provider.
Chilled products and food-to-go drove Greencore’s global growth in its first financial quarter (Q1), the company has reported.
Unrivalled access to top food and drink manufacturing executives was the top reason singled out by the sponsors of the Food Manufacture Group’s Business Leaders’ Forum for backing the event....
Waitrose’s plan to create 2,000 new jobs in stores and a new e-commerce grocery depot this year is expected to boost the retailer’s manufacturing businesses.
Bennett Opie aims to double sales from £25M to £50M in five years and has opened a new warehouse facility as it seeks to boost UK and overseas business.
Obesity, skills and the changing retailer landscape were some of the key issues debated at last week’s Business Leaders’ Forum at the Walkie Talkie building in central London.
Findus Group’s UK arm has become a more attractive acquisition target after the global business confirmed it had experienced its second consecutive year of positive growth, although it has denied...
Food and drink manufacturers should prepare for the threats and opportunities arising from the General Election in May, according to law firm DWF.
Quorn has revealed plans for substantial new product development (NPD) activity this year, including gluten-free and vegan lines, which it expects to fuel UK and international growth.
Morrisons’ food manufacturing links will play a key role in restoring the fortunes of the troubled retailer, which will take up to five years, says its new chairman Andrew Higginson.
Debate about taxing ‘unhealthy’ foods provoked division at Food Manufacture’s Business Leaders’ Forum and was a top hot topic singled out by Geoff Eaton, chairman of New England Seafood International....
Premier Foods has reported another fall in sales for the fourth quarter of last year, while reaffirming its pledge to drive down costs .
The Federation of Small Businesses (FSB) has assembled a cross-party group of members of parliament (MPs) to tackle supply chain bullying following criticism of the practices of 2 Sisters Food...
A “catastrophic collapse” in retail profitability was one of five top food industry trends highlighted by Greencore ceo Patrick Coveney at Food Manufacture’s Business Leaders’ Forum on January 20.