Associated British Foods (ABF) saw a £171M boost to its operating profits in its interim results posted today, boosted by its ingredients and grocery businesses.
Food and drink manufacturers reported mixed trading updates this week. Soft drinks producer AG Barr, sausage casing manufacturer Devro and dairy company United Dairy Farmers all reported updates to sales.
Online grocery distribution business Ocado will not deliver cash flow growth in the short term, according to City analyst Shore Capital, after the online grocery distribution business released its results for the 16 weeks to December 1 2013.
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.
Justifying capital expenditure (Capex) in today’s tough economic environment is probably more difficult than ever. For many food and drink manufacturers, many investment plans have been put on hold – apart from the most essential items.
Retail giant Tesco announced today (December 5) a review of its US enterprise Fresh & Easy and the departure of the business’ boss, Tim Mason, after years of disappointing financial results.
