http://www.execdigital.co.uk/FoodandDrink/ Food and drink news for executives in the UK. Covering issues in food technology, consumer satisfaction, ethical sourcing, healthy eating, marketing. Pubs and brewing group Marston's posted a 13 percent drop in annual earnings on Friday, broadly in line with forecasts, and said it remained cautious about the immediate trading outlook http://www.execdigital.co.uk/FoodandDrink/Marston-s-year-earnings-dip_12457.aspx http://www.execdigital.co.uk/FoodandDrink/Marston-s-year-earnings-dip_12457.aspx Fri, 05 Dec 2008 08:24:26 GMT Food and Bev UK The fish supplier John West has appointed Stephen Thorpe to the position of Managing Director, replacing Ian Meadows http://www.execdigital.co.uk/FoodandDrink/John-West-appoints-new-Managing-Director_12412.aspx http://www.execdigital.co.uk/FoodandDrink/John-West-appoints-new-Managing-Director_12412.aspx Thu, 04 Dec 2008 14:10:34 GMT Food and Bev UK The Real Good Food Company plc has said that the continued deterioration in the economic climate in the UK has affected all its trading divisions http://www.execdigital.co.uk/FoodandDrink/Real-Good-Food-Co-2009-outlook--uncertain-_12298.aspx http://www.execdigital.co.uk/FoodandDrink/Real-Good-Food-Co-2009-outlook--uncertain-_12298.aspx Wed, 03 Dec 2008 09:24:58 GMT Food and Bev UK The economic downturn provides an opportunity for discount grocers to extend their influence in European retailing and in particular make headway in the UK and France, a report said on Friday. http://www.execdigital.co.uk/FoodandDrink/UK-set-for-surge-in-discount-grocers_12047.aspx http://www.execdigital.co.uk/FoodandDrink/UK-set-for-surge-in-discount-grocers_12047.aspx Fri, 28 Nov 2008 14:01:12 GMT Food and Bev UK Finsbury Food Group plc has reported that its rate of growth has slowed versus last year, although sales in its cake division were up three percent year on year http://www.execdigital.co.uk/FoodandDrink/Finsbury-sees-growth-rate-slow_12006.aspx http://www.execdigital.co.uk/FoodandDrink/Finsbury-sees-growth-rate-slow_12006.aspx Thu, 27 Nov 2008 11:59:14 GMT Food and Bev UK Germany-based coffee shop and retail chain Tchibo is considering exiting the British market, its largest outside its home market, Financial Times Deutschland (FTD) reported on Wednesday, citing unnamed sources. http://www.execdigital.co.uk/FoodandDrink/Germany-s-Tchibo-mulls-exit-from-UK_11916.aspx http://www.execdigital.co.uk/FoodandDrink/Germany-s-Tchibo-mulls-exit-from-UK_11916.aspx Wed, 26 Nov 2008 11:37:01 GMT Food and Bev UK Soft drinks maker Britvic reported a 14 percent increase in full-year pretax profit on Wednesday and said each of its key brands had gained market share outperforming the broader market http://www.execdigital.co.uk/FoodandDrink/Britvic-profit-rises-as-brands-gain-market-share_11912.aspx http://www.execdigital.co.uk/FoodandDrink/Britvic-profit-rises-as-brands-gain-market-share_11912.aspx Wed, 26 Nov 2008 07:59:53 GMT Food and Bev UK British-based beer company Cobra Beer has appointed Rothschild to assist with either a sale or a "strategic partnership" as its founder Lord Bilimoria seeks brand expansion in India http://www.execdigital.co.uk/FoodandDrink/Cobra-Beer-considers-sale-or--strategic-partnership--_11850.aspx http://www.execdigital.co.uk/FoodandDrink/Cobra-Beer-considers-sale-or--strategic-partnership--_11850.aspx Tue, 25 Nov 2008 12:22:43 GMT Food and Bev UK Pubs operator and brewer Fuller, Smith & Turner reported a decline in underlying interim profit on Friday as trading conditions remained challenging. http://www.execdigital.co.uk/FoodandDrink/Fuller-s-profit-down-in--challenging--conditions_11613.aspx http://www.execdigital.co.uk/FoodandDrink/Fuller-s-profit-down-in--challenging--conditions_11613.aspx Fri, 21 Nov 2008 15:08:21 GMT Food and Bev UK InBev NV closed its purchase of U S brewer Anheuser-Busch Cos Inc to create the world's largest brewer in the biggest cash acquisition in history, despite a global financial crisis that has stymied other deals http://www.execdigital.co.uk/FoodandDrink/InBev-closes-Bud-deal-to-become-No--1-brewer_11345.aspx http://www.execdigital.co.uk/FoodandDrink/InBev-closes-Bud-deal-to-become-No--1-brewer_11345.aspx Wed, 19 Nov 2008 08:07:02 GMT Food and Bev UK Premier Foods, the country's biggest food manufacturer, said Tuesday it will not pay an interim dividend in 2008 as it looks to reduce its debt. http://www.execdigital.co.uk/FoodandDrink/Premier-Foods-scraps-dividend_11285.aspx http://www.execdigital.co.uk/FoodandDrink/Premier-Foods-scraps-dividend_11285.aspx Tue, 18 Nov 2008 09:10:59 GMT Food and Bev UK Premium pork supplier and pet food maker Cranswick on Monday beat analyst expectations with a 5 percent increase in first-half profit and said it believes cost pressures have peaked. http://www.execdigital.co.uk/FoodandDrink/Cranswick-profit-up-5-percent_11216.aspx http://www.execdigital.co.uk/FoodandDrink/Cranswick-profit-up-5-percent_11216.aspx Mon, 17 Nov 2008 09:36:47 GMT Food and Bev UK Global consumer foods group, Kerry Group, reported that its underlying performance across its global ingredients and flavours businesses remained solid in the four months ended October 31 http://www.execdigital.co.uk/FoodandDrink/Kerry-Group-s-business-remains-solid_11133.aspx http://www.execdigital.co.uk/FoodandDrink/Kerry-Group-s-business-remains-solid_11133.aspx Fri, 14 Nov 2008 14:21:27 GMT Food and Bev UK Bar operator Regent Inns said on Friday that recent sales trends remained unchanged from its last trading update, when it reported a 13 percent drop in like-for-like sales for the 15 weeks to October 12 http://www.execdigital.co.uk/FoodandDrink/Regent-Inns-says-recent-trading-remained-weak_11087.aspx http://www.execdigital.co.uk/FoodandDrink/Regent-Inns-says-recent-trading-remained-weak_11087.aspx Fri, 14 Nov 2008 08:20:35 GMT Food and Bev UK Brewing giant SABMiller warned it is looking to cut back investment spending as a global economic slowdown hits beer drinking, after the group reported half-year earnings growth at the top end of forecasts. http://www.execdigital.co.uk/FoodandDrink/SABMiller-earnings-rise-but-warns-of-weakening-demand_10981.aspx http://www.execdigital.co.uk/FoodandDrink/SABMiller-earnings-rise-but-warns-of-weakening-demand_10981.aspx Thu, 13 Nov 2008 15:41:32 GMT Food and Bev UK Diageo , the world's largest alcoholic drinks group, said it was reviewing a possible collaboration with India's United Spirits after Indian media reports concerning Diageo taking a stake. http://www.execdigital.co.uk/FoodandDrink/Diageo-reviewing-collaboration-with-United-Spirits_11003.aspx http://www.execdigital.co.uk/FoodandDrink/Diageo-reviewing-collaboration-with-United-Spirits_11003.aspx Thu, 13 Nov 2008 15:13:54 GMT Food and Bev UK Northern Foods reported a drop in first-half profit on Tuesday but shares in the company rose as it trumpeted its new ranges of budget products aimed at cash-strapped shoppers. http://www.execdigital.co.uk/FoodandDrink/Northern-Foods-profit-down_10807.aspx http://www.execdigital.co.uk/FoodandDrink/Northern-Foods-profit-down_10807.aspx Tue, 11 Nov 2008 17:19:08 GMT Food and Bev UK Food manufacturer Northern Foods reported a 16 percent fall in first-half pretax profit on Tuesday and said it was cautious about the strength of consumer spending this Christmas http://www.execdigital.co.uk/FoodandDrink/Northern-Foods-hit-by-currency-movements_10773.aspx http://www.execdigital.co.uk/FoodandDrink/Northern-Foods-hit-by-currency-movements_10773.aspx Tue, 11 Nov 2008 09:15:31 GMT Food and Bev UK The following is a round-up of key small cap movers on the London stock market on Monday. http://www.execdigital.co.uk/FoodandDrink/Hot-small-caps--Majestic-Wine-lower-as-interim-profits-fall_10682.aspx http://www.execdigital.co.uk/FoodandDrink/Hot-small-caps--Majestic-Wine-lower-as-interim-profits-fall_10682.aspx Mon, 10 Nov 2008 20:58:52 GMT Food and Bev UK The board of C&C Group plc has appointed John Dunsmore as Chief Executive Officer, effective immediately, following the resignation of Maurice Pratt on October 9 http://www.execdigital.co.uk/FoodandDrink/C-C-appoints-new-CEO_10703.aspx http://www.execdigital.co.uk/FoodandDrink/C-C-appoints-new-CEO_10703.aspx Mon, 10 Nov 2008 12:23:40 GMT Food and Bev UK (Reuters) - Dairy Crest Group posted a 7 percent fall in first-half pretax profit, mainly on costs related to the disposal of its speciality cheese business, and warned its full-year underlying pretax profit will be 10 percent lower than last year. http://www.execdigital.co.uk/FoodandDrink/Dairy-Crest-pretax-profit-down-7-percent_10681.aspx http://www.execdigital.co.uk/FoodandDrink/Dairy-Crest-pretax-profit-down-7-percent_10681.aspx Mon, 10 Nov 2008 09:37:41 GMT Food and Bev UK Cadbury plc has announced the appointment of Colin Day as a Non-executive Director, with effect from December 1, 2008 http://www.execdigital.co.uk/FoodandDrink/Cadbury-appoints-new-Non-executive-Director_10592.aspx http://www.execdigital.co.uk/FoodandDrink/Cadbury-appoints-new-Non-executive-Director_10592.aspx Fri, 07 Nov 2008 14:23:18 GMT Food and Bev UK Scottish dairy group Robert Wiseman on Friday warned that lower cream prices may hit its second half profits by 7 million pounds, sending shares down as much as 8 percent http://www.execdigital.co.uk/FoodandDrink/Robert-Wiseman-sees-H2-soured-by-cream-price_10558.aspx http://www.execdigital.co.uk/FoodandDrink/Robert-Wiseman-sees-H2-soured-by-cream-price_10558.aspx Fri, 07 Nov 2008 09:18:05 GMT Food and Bev UK Sugar refiner and sweetener maker Tate & Lyle beat forecasts with a 4 percent rise in half-year profit and said it was more resilient than many to recession, helping to push its shares higher. http://www.execdigital.co.uk/FoodandDrink/Tate-Lyle-profits-beat-forecasts-with-4-percent-rise_10404.aspx http://www.execdigital.co.uk/FoodandDrink/Tate-Lyle-profits-beat-forecasts-with-4-percent-rise_10404.aspx Thu, 06 Nov 2008 13:39:07 GMT Food and Bev UK Danish brewer Carlsberg will focus its operations on just one brewery at Northampton after its decision to close its Leeds Tetley's brewery on Wednesday due to falling beer sales. http://www.execdigital.co.uk/FoodandDrink/Carlsberg-to-have-one-brewery-with-Leeds-closure_10328.aspx http://www.execdigital.co.uk/FoodandDrink/Carlsberg-to-have-one-brewery-with-Leeds-closure_10328.aspx Wed, 05 Nov 2008 21:25:07 GMT Food and Bev UK