All news articles for January 2019

Princes makes a range of branded canned and packaged fish, fruit, meat, ready meals, pies, pastes and juices

Princes Foods takes profit hit

By Rod Addy

Raw material cost increases and deflationary pressures hit Princes Foods’ pre-tax profit in the past financial year, according to a spokesperson for the business, although the company succeeded in boosting sales.

Brexit may cause some investors to hold off on further deals for a time

Pending EU exit fails to slow industry deals

By Rod Addy

Food industry merger and acquisition (M&A) activity in 2018 remained unhampered by the UK’s pending exit from the EU, with the overall volume of deals up on the previous year.

Nichols' sales outperformed the UK soft drinks market in 2018

Nichols’ sales outperform market

By James Ridler

Vimto owner Nichols has outperformed the UK soft drinks market, reporting sales of £142m for the year ending 31 December 2018.

Weetabix: 'great fit'

Weetabix in logistics shake-up

By Rod Addy

Weetabix is switching from XPO to Wincanton for certain transport, warehousing and co-packing services, with effect from 1 February.

Avondale posted turnover growth in 2018 however pre-tax profits were down

Avondale Foods warns against currency fluctuations

By Aidan Fortune

Fresh foods provider Avondale Foods has reported a record turnover for the past year, but has warned that fluctuations between euro and sterling could cause issues in the future.