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Tag "debt"

Watchdog criticises Tesco for mistreating suppliers

Groceries Code Adjudicator (GCA) Christine Tacon found that Britain’s biggest retailer had an endemic culture of making unilateral deductions from suppliers’ bills and delaying payments, including packaging firms – in

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Profits Plummet at Premier Foods

    Profits Plummet at Premier Foods

Premier Food, the UK’s largest food producer, has reported a 28.7% drop in trading profit to £67m for the first half ended June 25th 2011. Sales from ongoing business, excluding

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Shepherd Neame Reduces Debt as Trading Remains Strong

    Shepherd Neame Reduces Debt as Trading Remains Strong

Shepherd Neame, the Kent-based English regional brewer and pub owner, has now repaid and cancelled a further £1.25m of the £15m five year term loan that was taken out in

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Premier Foods in the Red But Debt Level Reduced

    Premier Foods in the Red But Debt Level Reduced

Premier Foods, the UK’s largest food producer, has reported a pre-tax operating loss of £98m, against a profit of £42m in 2009, on a continuing basis for 2010 after a

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Premier Foods Approached About Sale of Canning Operations

    Premier Foods Approached About Sale of Canning Operations

Premier Foods, the UK’s largest domestic food processor, has confirmed that it has received approaches regarding a possible sale of its East Anglian canning operations. Since its £1.2b acquisition of

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