Marston’s shares jump after it books £206m windfall from Carlsberg split to focus ‘entirely on pubs’ July 8, 2024 Pub group Marston's has sold its stake in Carlsberg for more than £200m as bosses outlined plans to focus "entirely on pubs".
Retailers including Cadbury and Unilever will have to re-apply to use Royal Arms imagery under new King September 12, 2022 Retailers including Cadbury and Selfridges will have to re-apply for permission to use the Royal Arms in association with their products. More than 100 food and drink brands have had a Royal Warrant of Appointment, providing them with permission to use the imagery on their packaging. After Queen Elizabeth II’s death on Thursday last week, [...]
Britvic sales hit by coronavirus restrictions May 27, 2020 Britvic has reported volatile sales across the board due to the pandemic, with its out-of-home channel adversely hit by lockdown restrictions. The figures In the six months to 31 March, revenue rose 1% to £698m with profit before tax up 16% to £53m. Britvic said while it is confident of its liquidity the board will [...]
Britain needs to run in circles, especially when we buy new clothes and other goods January 23, 2023 It might not make a dent in the cost-of-living crisis, but soon people will be able to get a small cash sum for every plastic bottle they recycle. The scheme, lauded by environmental campaigners, was finally approved last Friday. A rare slice of positive news, however, was overshadowed by a familiar problem in this Broken [...]
Britvic profit loses its fizz as France law hurts sales November 27, 2019 Fizzy drink maker Britvic suffered almost a 25 per cent plunge in annual profit, it revealed today, following a writedown of French assets. Read more: Squashed: Britvic looks to cut final salary pensions The figures Profit before tax sank 24.3 per cent to £110.3m for the year to the end of September after Britvic struggled [...]
Britvic revenue slumps in challenging market July 24, 2019 Drinks producer Britvic warned this morning that revenue dipped in the third quarter of the year due to a “more challenging” market. The company, which owns brands such as 7up, Tango and Robinsons, said revenue was £360.1m, a decrease of 1.5 per cent on last year. Read more: Britvic installs Tesco finance guru as new [...]
Squashed: Britvic looks to cut final salary pensions August 11, 2019 Drinks producer Britvic is planning to slash the money it pays out to 6,000 members of its final salary pension scheme. The FTSE 250 firm, which produces Robinsons soft drinks, is looking for court approval to stop measuring inflation according to the retail prices index (RPI), and instead switch to the consumer prices index (CPI). [...]
Euromoney Institutional Investor restores dividends as revenue dips May 20, 2021 B2B information provider Euromoney Institutional Investor saw subscriptions grow this year but took a hit to both its revenue and profits as social distancing foiled events. Revenue fell by 17 per cent to £155.5m from £186.3m last year, due to social distancing measures fumbling physical event plans, in the six months to 31 March. “The [...]
Exclusive: London food hall Mercato Metropolitano to raise £5m to fund international expansion January 28, 2021 London street food market Mercato Metropolitano is aiming to raise up to £5m in a funding round in the coming months. The firm, which this week announced it will open three new sites in the capital in 2021, will raise capital in the second quarter after its plans were delayed due to coronavirus. City A.M. [...]
Britvic installs Tesco finance guru as new chief financial officer March 11, 2019 Soft drinks giant Britvic has brought in the financial boss of a firm which is part of Tesco as its chief financial officer, in a move which pushed shares up one per cent on Monday morning. The company, which acts as Pepsico’s producer in the UK, has appointed Joanne Wilson, who will leave her role as [...]