Page 48 - Cc Group News Today

London’s FTSE 100 was unchanged on Friday, as weakness in miners and energy stocks countered gains in bank shares, while the prospect of further stimulus in the United States made investors optimistic of speedy economic recovery.

Bank of Ireland slides but AIB jumps 4.2%

By Scott Wright

By Edward Devlin2021-05-27T07:57:00+01:00 Marks and Spencer has said it will accelerate the overhaul of its store estate, potentially taking on sites vacated by Debenhams but relocating or closing more than 100 other locations (The Financial Times £). Marks & Spencer will shut 30 stores and convert dozens more to food-only shops after its clothing and home business suffered its biggest sales collapse on record (The Telegraph). Food sales rose by 1.3% at established stores in the year to 3 Ap...

Natural pet food company Bella & Duke has completed a successful investment round of £7 million from a consortium of investors.

Sweeteners maker Tate & Lyle saw its profits expand on the back of higher levels of at-home consumption and a strong showing by new products despite total revenues sliding by £75million. Profits grew by £8million to £253million in the year to the end of March 2021 as increased sales and robust prices for products like corn oil helped almost doubled profits in its commodities category. Adjusted operating profits in its primary products segment also grew by 5 per cent, even as it was hurt by w...

Investegate announcements from C&C Group Plc, Holding(s) in Company

By Alec Mattinson2021-05-27T07:59:00+01:00 Top story The surge in pet ownership during the coronavirus period has boosted trading at the country’s largest pet retailer Pets at Home. The group saw total revenues grow of 7.9% to £1.14bn in the 12 months to 25 March 2020, with retail revenues hitting £1bn for the first time due to growth of 8.7% in the year. Pets at Home said it benefitted from the estimated 8% increase in UK pet ownership over the past year, which has raised the outlook for...

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Investegate announcements from C&C Group Plc, Publication of Prospectus