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UK: Uniq benefits from M&S supplier consolidation

28 Apr 2009

UK food group Uniq said today (28 April) that it will be the “major beneficiary” of a Marks and Spencer sandwich supplier consolidation process, which will raise its share of M&S’s sandwich supply to 60%.

Climate, credit and calories: just-food's IFE seminar

31 Mar 2009

Two weeks ago, just-food editor Dean Best and Chris Brook-Carter, the site's publishing director, outlined the site's forecasts for the food industry with an address at the IFE trade exhibition in London's ExCel centre. Following high demand, below is the presentation in full.

Top stories on just-food this week

13 Mar 2009

It was a tale of two retailers last week, two companies separated by the English Channel. Ailing French giant Carrefour posted weak 2008 figures and laid out plans to bounce back in 2009. Meanwhile, in the UK, Morrisons, buoyed by a robust 2008, outlined its blueprint for expansion.

UK: Uniq's European future in doubt as losses widen

11 Mar 2009

Uniq, the struggling UK-based food group, has appointed advisers to consider the future of its businesses in France and northern Europe after posting deeper annual losses today (11 March).

Uniq hoping for home comforts

11 Mar 2009

Uniq, the UK-based sandwich-to-desserts maker, serves some of the biggest retailers in Europe. The company, however, has had a rocky few years and today (11 March) its management outlined its latest attempt to turn the business around – and the recovery plan will focus on the UK. Dean Best reports.

UK: Uniq confirms sale of Pinneys

5 Mar 2009

Struggling sandwich and ready meal maker Uniq has confirmed reports it is to sell-off underperforming Pinneys of Scotland.

UK: Uniq silent on Pinneys salmon sale

2 Feb 2009

Struggling sandwich and ready meal maker Uniq has declined to comment on reports that it intends to sell-off underperforming parts of the business.

UK: Uniq bank deal boosts shares; Q4 sales down

9 Jan 2009

Shares in Uniq, the UK-based convenience food group, jumped this morning (9 January) after it said it had secured a refinancing deal.

UK: Milk Link appoints marketing director

12 Nov 2008

UK dairy processor Milk Link has appointed Hamish Renton to the new role of marketing director.

UK: Investor note sends Uniq stock sliding

23 Oct 2008

Investment brokerage Panmure Gordon has warned that Uniq could lose supply contracts over concerns about the chilled convenience food group’s financial stability, causing the company’s share price to dip.

Top stories on just-food this week

10 Oct 2008

The clouds hanging over the financial sector and the problems they are creating for the food industry have dominated this week’s headlines. Kraft Foods announced a swathe of job cuts, Uniq issued a profit warning and Bakkavör surrendered its interest in Greencore after the collapse of Iceland’s investment markets.

UK: Uniq issues profit warning

8 Oct 2008

UK-based convenience food group Uniq warned today (8 October) that it expects to make a loss for the second half of the year.

UK: Uniq to close Devon desserts facility

30 Jul 2008

European convenience food group Uniq has announced it is to shut down its Riviera Desserts operation with the loss of 350 jobs.

UK: Uniq posts pre-tax loss for H1

30 Jul 2008

European chilled convenience food group Uniq posted a pre-tax loss for its first half as a result of rising commodity costs.

UK: St Hubert buoys Dairy Crest

20 May 2008

Dairy Crest has seen annual pre-tax profit jump by almost a quarter thanks to the first full-year contribution from French spreads business St Hubert.

UK: Uniq plans manufacturing consolidation

28 Apr 2008

European convenience food group Uniq has said that it is considering closing one of its UK desserts facilities in a drive to increase profitability.

Uniq faces multiple challenges

28 Mar 2008

While Uniq announced a move into profit this week, little else the UK-based food group had to say will have enchanted investors, and most certainly not its decision to scrap its dividend. The company is suffering from the cost inflation hitting all food processors but, writes Ben Cooper, Uniq’s problems do not end there.

Top stories on just-food this week

28 Mar 2008

In the last five days, Italian buffalo mozzarella has become the talking point in European food circles with concerns over its safety. Elsewhere, French retailers Leclerc and Intermarché quit as associate members of the country's grocery trade association, while European food group Uniq tried to conquer the doubters with its annual results. In the US, ConAgra Foodssold its commodity arm for US$2.1bn, while a retail row is brewing down in Australia. Here are the most popular stories on just-food this week.

UK: Uniq returns to profit

25 Mar 2008

Uniq revealed today (25 March) that it returned to profit in 2007 on the back of increased group revenues and an improved performance at its UK and French businesses.

UK: Strong second half buoys Uniq

15 Jan 2008

UK chilled and convenience foods group Uniq today (15 January) announced an increase in full-year sales of 3% and a return to profit in the second half of the year.

UK: Uniq reaches agreement with pension fund trustees

23 Nov 2007

European chilled convenience food group Uniq has said it has reached an agreement with Uniq Pension Scheme Trustees Limited regarding a scheme specific funding basis in relation to a valuation of the Uniq approved pension scheme carried out on 1 April 2006.

UK: Sales upturn cheers Uniq as losses narrow

13 Sep 2007

UK chilled and convenience foods group Uniq has seen its losses narrow as sales rose during the first half of the year.

Hovis hike signals retail moves to pass costs on

7 Sep 2007

This week, there have been signs that retailers are looking to pass on rising supplier costs to consumers. From discounters in Germany to Tesco in the UK, food processors could soon be getting some relief from rising commodity costs. But, asks Dean Best, will the price hike on Hovis really mean higher food bills will become the bread and butter for consumers?

Consumers face rising food bills as costs mount

16 Aug 2007

Food producers are facing rising raw material costs, particularly for dairy ingredients and wheat, making food price inflation almost inevitable. But, writes Dean Best, in the midst of a continuing price war, supermarket retailers will only pass on cost increases to customers as a last resort, making a further squeeze on supplier margins also extremely likely.

UK: Uniq upbeat on first-half performance

12 Jul 2007

European convenience foods producer Uniq has reported that sales from continuing businesses rose by 4% in the first six months of 2007.

UK: Uniq sees "good" start to the year

17 May 2007

Convenience food group Uniq has seen a good start to the current financial year, with sales for the first half increasing.

UK: Uniq posts pre-tax loss

26 Mar 2007

Convenience foods group Uniq has reported a pre-tax loss of GBP21.9m (US$43.1m) for the nine months to 31 December.

UK: Dairy Crest reports solid year

26 Mar 2007

In a trading statement issued ahead of its year-end results, UK dairy group Dairy Crest has said that the past financial year had been one of "significant progress".

UK: Uniq sales rise but margins down

15 Jan 2007

Convenience food group Uniq said in a trading update today (15 January) that while UK sales increased during the last three-months of 2006, margins were poorer than anticipated - news that sent the company’s shares down more than 4% at time of press.

UK: Merrill Lynch raises Uniq rating

15 Dec 2006

Merrill Lynch has raised its rating on the food group Uniq plc from “Sell” to “Neutral”. The bank’s dealers said the company, which specialises in salads and French spreads, had started to make progress with its restructuring plan.






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