Soggy sandwich: Food firm Greencore sinks to first-half loss May 25, 2021 Convenience food producer Greencore has sunk to a loss in the first half, but there is “cause for optimism” as people head back to the office. The FTSE 250 firm reported a group loss before tax of £1.8m in the first half of the year down from a group profit of £27.3m a year earlier. [...]
Covid-19 leaves bad taste at Greencore as firm seeks £90m to shore up against virus costs November 24, 2020 Food producer Greencore is targeting a £90m equity placing to mitigate the cost of Covid-19 to the business, after the group’s pre-tax profits stood at £17.3m - down 81 per cent on 2019.
Former M&S CFO Helen Weir named new chair of National Express September 8, 2022 Former M&S CFO Helen Weir has been named the new Independent Non-Executive Director and Chair Designate of National Express.
Asos shares jump after posting ex-Paddy Power boss to board January 13, 2022 Asos has posted the former boss of Paddy Power to its board today, in a move which helped pushed the retailer’s share price up over 10 per cent. The online retailer also announced this morning that it would be shifting to London’s main market, after two decades on the junior AIM index. Patrick Kennedy, who [...]
M&G gobbles up responsAbility in ethical investment push January 27, 2022 British investment giant M&G has taken a majority stake in sustainable investor responsAbility amid a string of recent takeovers.
Upper Crust owner SSP Group results show it’s ‘still in the recovery phase’ December 8, 2021 SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, announced a revenue fall of down 41.8 per cent from last year to £834.2m in its full year results this morning.
Baked goods maker Finsbury Foods whisks up dividends for June May 26, 2021 Baked goods maker Finsbury Food had a stronger second half to its financial year, the group said this morning, expecting a profit before tax of at least £15m. Its profit before tax is ahead of market expectations, the cake maker said, as it prepares to reintroduce its dividend for the year ending 26 June 2021. [...]
Staff at M&S sandwich supplier self-isolate after coronavirus outbreak August 13, 2020 Nearly 300 people have tested positive for coronavirus after an outbreak at a food plant in Northampton. A local council representative told the BBC that 297 people had tested positive, after Greencore in Northampton started “proactively testing” workers. Northampton is one of 29 regions in England to be put on a watchlist for a potential [...]
Exclusive: City fund managers on the winners and losers from the Brexit deal January 12, 2021 The Christmas Eve announcement of a UK-EU trade deal promised an end to four and a half years of uncertainty and speculation. Whilst there are areas of the relationship still to be finalised, it has brought some much-needed clarity to many UK businesses, even though uncertainty for the financial services space and the City remains. [...]
Marks and Spencer appoints new chief financial officer February 11, 2020 Marks and Spencer has announced the appointment of a new chief financial officer, at a time when the group is trying to revive its fortunes. Eoin Tonge will join from Irish convenience food retailer Greencore in June after his predecessor Humphrey Singer stood down in September last year. Marks and Spencer boss Steve Rowe said: [...]