By Alec Mattinson2021-04-15T08:08:00+01:00
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Newly listed Deliveroo has posted a 130% jump in first quarter turnover, but the delivery giant pointed to dramatic slowdown for the rest of the year as restaurants and pubs reopen.
Growth accelerated for the fourth consecutive quarter, with group orders up 114% year-on-year to 71m. The fourth quarter of 2020 saw order growth of 77% and Deliveroo’s growth in the corresponding first quarter of 2020 was 27%.
UK orders were up 121%, while international orders grew by 108%, both primarily driven by new customers.
Gross transaction values (GTV) were up 130% year-on-year to £1.65bn
UK growth came from all regions and the company has strengthened its leadership position in London, with GTV in London growing by over 120% year-on-year.
Coca-Cola s Australian rightsholder set to be sold off to Europe
Posted 1
AprApril 2021 at 7:06pm
Coca-Cola has been made in Australia by a local company for decades but that is about to change.
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It has been sold in Australia for decades with help from local celebrities and even become part of Sydney s cityscape. But now Coca-Cola is set to lose its local flavour.
Key points:
Europe is offering $9.8 billion
CCA controls the rights to the famous brand Coca-Cola in Australia and has many factories here to make it
Investors will today vote on whether to sell the Australian bottler Coca-Cola Amatil (CCA) to Coke s European offshoot for $9.8 billion.
Retail sales continued to recover in March, though this recovery was centred on specific ‘home centric’ categories as most sectors remain in significant decline
13th April 2021
Coca-Cola European Partners (CCEP) has expanded the Capri-Sun portfolio with the launch of a Multivitamin Squash in the wholesale and convenience channels.
As with the rest of the Capri-Sun range, the new squash drink contains no artificial colours or flavours, or added sugar, and is enhanced with B and C vitamins. Capri-Sun Multivitamin Squash comes in Orange and Apple & Blackcurrant variants in recyclable, 1L packs made from recycled plastic.
As part of Capri-Sun’s investment in the brand this year, the new range will benefit from a £3m above the line campaign to raise consumer awareness and help drive sales. A TV advert will see Capri-Sun’s mascot unveil Capri-Sun Multivitamin Squash to viewers from this week and will run across the summer on social media, broadcaster video on demand (BVOD) and VOD.