Archives for March 19, 2013

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Horsemeat scandal to hit 2 Sisters Food Group results

By Mike Stones

The 2 Sisters Food Group expects the horsemeat scandal to cause “considerable volume reduction” to its ready meal business, according to its latest financial results for the 13 weeks to January 26.

Sainsbury dodges horsemeat to post strong Q4 results

By Mike Stones

Supermarket chain Sainsbury has dodged the worst impact of the horsemeat scandal and posted better than expected financial results for its fourth quarter and year to March 16, driven mainly by non food items.