Page 16 - Fevertree Drinks News Today

Top story Supermarket customers shopped less online and more in store in April following the latest easing of coronavirus restrictions, new figures showed this morning. The growth in online grocery sales slowed considerably to 25% last month, compared to 92% in March, according to the latest till roll data from NielsenIQ. Online sales growth had remained above 70% since the start of the pandemic in the UK, supercharging e-commerce shopping at the major grocers. However, in the four weeks ended ...

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By Alec Mattinson2021-04-20T08:01:00+01:00 Top story Associated British Foods has seen ‘record’ sales on the reopening of its stores last week to bounce back from a first half of a double-digit revenue fall and shrinking profits. Revenue for the group for the 24 weeks to 27 February was down 17% to £6.3bn at actual exchange rates driven by the loss of Primark retail sales as a consequence of the trading restrictions. Adjusted operating profit of £369m was 46% lower than last year at act...

The hospitality trade is hoping the nation charges out to spend their pent-up savings in beer gardens and outdoor cafes. But could you benefit from an alfresco boom with some shrewd investments?

By Edward Devlin2021-04-07T07:40:00+01:00 Top story Shoppers treated themselves as lockdown restriction began to ease in the run up to Easter, spending £439m on chocolate and sweets over the last month, according to the latest data from NielsenIQ. It represented a 34% increase in confectionery sales in the four weeks ended 27 March 2021 compared with a year ago as the UK was left reeling by the coronavirus outbreak and the first full national lockdown. With non-essential shops remaining clos...

Start every week on the front foot with a preview of what’s on the global agenda

-Chinese fixed asset investment, retail sales and industrial production growth data -Empire State (New York Fed) manufacturing survey -In Asia, quarterly results from drinks giant Meituan Tuesday 16 March -Antofagasta full-year results: Shares in the Chilean copper miner are up by more than 120% in the past 12 months, reflecting a booming copper price, up by 60% over the last year. Ebitda is expected to rise by 8% for 2020 to $2.6bn as lower costs and higher prices offset lower production, with...

Jabran Khan details how he uses some of Warren Buffett’s sayings and methods to invest in FTSE stocks for his own portfolio.

Company Shop Ltd for an enterprise value of £82.5m. CSG prevents waste by identifying surplus produce and then collecting, processing and redistributing it for sale through its unique network of membership-based outlets, with surplus produce including production overruns, trial products, or produce that has been incorrectly labelled or packaged. CSG is the only commercial redistributor of scale in the UK, with “unrivalled operational capabilities and infrastructure which underpin its strong ...

By Alec Mattinson2021-02-23T08:59:00+00:00 Top story Household goods manufacturer McBride has seen an uplift in sales and profits in the second half of the year as the coronavirus outbreak continues to boost the sale of cleaning products. For the six months to 31 December 2020, McBride posted sales of £362.9m, which were 3.6% higher, or 1.7% higher at constant current rates. The sales uplift reflected continued strong demand for cleaning products due to the Covid-19 pandemic. The group’s f...