Panmure Gordon

ABF reported that weak sugar prices had been offset by a strong performance from its Primark clothing business

Associated British Foods results undermined by sugar

By Michael Stones

Weak sugar prices will be offset by a strong performance of its budget clothing business Primark, according to Associated British Foods’s (ABF’s) pre-close trading statement, covering the first half of its financial year to March 1 2014.

Greencore ceo Patrick Coveney said the business had realigned resources behind a food to go led strategy

Greencore shrugs off horsegate in full year results

By Michael Stones

Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon.

The stronger performance of Greencore’s UK and US businesses during the fourth quarter should help the firm achieve 9% earnings per share in 2014, said Panmure Gordon.

Greencore’s Food to Go to be the driver: City

By Mike Stones

Greencore’s “resilient business model” means the food manufacturer is poised for growth, with its Food to Go business remaining the driver, says City analyst Panmure Gordon.

Vimto maker Nichols has made

Nichols drinks firm ‘makes strong start’ to 2012

By Mike Stones

Vimto producer Nichols has made “a strong start” to the year and is well placed to deliver “strong medium-term growth through new UK product launches” and exports, say city analysts.


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