Premier Foods’ debt still too high: City
Premier Foods’ net debt – estimated to fall to £858M by the end of the year – is still too high, warns City analyst Panmure Gordon.
Archives for September 15, 2013
Morrisons results: ‘another disappointing read’: City
Morrisons’ half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from ‘sell’ to ‘hold’.
DEFRA minister takes fake whisky fight to Moscow
Environment secretary Owen Paterson is taking the fight against fake whisky to Moscow this week in a bid to to protect Scotch whisky from counterfeits.
Brands boost fortunes for Real Good Food Company
An increasing focus on brands and a revamped management structure have been pinpointed as two reasons why profits at the Real Good Food Company (RGFC) rose by 24% to £10.5M this year.
Further salt cuts will pose problems
Even plant bakeries with the latest kit will find it extremely difficult to cope if health chiefs set lower salt levels under the Public Health Responsibility Deal (PHRD)
Fruit and nut firm Whitworths gets private equity backing
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm.
Exhibitions have to stay small but add sparkle
UK packaging industry shows are striking a difficult balance between staying compact and cost-efficient for exhibitors while working harder to attract ever more elusive visitors.
Scotch Whisky Association appoints new boss from BIS
The Scotch Whisky Association (SWA) has appointed David Frost as its new chief executive, with effect from January 2 2014.
Junk-free checkout campaign launched
A new campaign is being launched today (September 16) urging supermarkets to permanently remove unhealthy snacks from checkouts and queuing areas.
City sceptical on Premier Foods’ Hovis Grupo Bimbo sale
City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world’s biggest baker Grupo Bimbo.