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FRANCE: Council clears Dairy Crest acquisition of St Hubert

11 Dec 2006

Dairy Crest Group has been given the green light by the French Works Council for its EUR370m (US$488) proposed acquisition of spreads firm St Hubert.

UK: Uniq says recovery on-track, posts H1 loss

21 Nov 2006

UK convenience food group Uniq said today (21 November) that its operating losses, excluding exceptional items, declined by one third during the first six months of the year as the company’s recovery gained momentum.

BELGIUM: Uniq sells salad business

20 Nov 2006

European convenience food group Uniq has announced the unconditional sale of its Belgian salad business, Uniq Belgium NV, to Gilde, the Benelus investment group, for a total of EUR 60m (US$77.02m).

UK: Dairy Crest H1 profits surge 25%

10 Nov 2006

Dairy Crest yesterday (9 November) posted a 25% increase in adjusted profit before tax, which rose to GBP31.8m (US$60.9m), on an improved performance from its dairies division and key brands. The company said that it expects to deliver a good outcome for the full year, with sales in the half having increased 6% to GBP622.6m.

FRANCE: Uniq sells St Hubert to Dairy Crest

9 Nov 2006

European convenience foods group Uniq has announced the sale of its French spreads business St Hubert to the Dairy Crest Group for EUR370m (US$473m).

FRANCE: Dairy Crest expresses a cross-Channel interest

6 Nov 2006

Dairy Crest could be preparing to buy French diet butter and spreads business Saint Hubert for EUR300m (US$378m) from Uniq, according to trade talk on both sides of the Channel.

UK: Uniq sees early benefits of recovery initiatives

28 Sep 2006

European convenience food group Uniq today (28 September) revealed that it has begun to see the early results of its recovery plan. The group indicated that trading for the half-year to 30 September was in line with management expectations with sales up 2% overall.

FRANCE: Candidates line up for Uniq’s French spreads sale

6 Sep 2006

According to a report in French newspaper, La Tribune, investment funds and industry players are lining up to acquire convenience food group Uniq’s French spread brands - St Hubert and Le Fleurier - which were put up for sale in June.

Dairy companies target the health-conscious

15 Aug 2006

The health and wellness revolution has clearly arrived in the dairy sector but this has been coupled with increasingly sophisticated segmentation by consumer group. Elena Ruiu of Euromonitor International looks at how these trends have influenced new product development in the dairy market.

UK: Uniq looks to sell salad and spread businesses

6 Jun 2006

Uniq, the embattled convenience food group, has announced that it is considering the sale of two of its divisions as it looks to refocus its struggling business.

UK: Uniq posts "unsatisfactory" full year, looks to refocus

6 Jun 2006

Uniq, the embattled convenience food group, believes that it will experience a recovery next year, despite today reporting what its CEO called “ highly unsatisfactory” full year trading.

UK: Panmure raises Uniq rating

20 Feb 2006

Panmure Gordon has raised its rating of the UK convenience food company Uniq to “hold” from “sell”.

UK: Third quarter sales down 7% for Uniq

13 Jan 2006

Chilled foods company Uniq has reported third-quarter group sales decreases of nearly double the first two quarters and said its recovery pace is uncertain.

UK: Uniq posts narrower H1 loss but sales slide

14 Nov 2005

UK-based chilled convenience food group Uniq has reported a narrower interim loss but said sales slid amid a lack of focus on customer needs in the UK.

UK: Uniq to reorganise UK business

30 Sep 2005

UK-based convenience food group Uniq has said it is planning a major reorganisation of its UK business that will result in 75 to 90 job cuts.

UK: Uniq warns full-year outlook is below expectations

27 Sep 2005

UK-based convenience food group Uniq has said that its outlook for the full year is “substantially below expectation”, as it expects operating profit for the first half to be close to breakeven due to a disappointing second quarter in the UK and Northern Europe.

UK: Uniq appoints new UK managing director

15 Sep 2005

UK-based chilled convenience foods group Uniq has announced the appointment of Rick Turnbull as managing director of Uniq Prepared Foods, the company’s UK division.

NORWAY: Reiber buys K-Salat brand from Uniq

1 Aug 2005

Food group Rieber & Søn ASA has today (Monday) acquired 100% of the shares in Uniq Nordic AS and Uniq Denmark AS as well as the K-Salat brand from Uniq Plc.

UK: Uniq blames poor UK performance for lower sales, higher losses

23 May 2005

UK convenience foods group Uniq has announced a fall in sales and an increased loss for the year to 31 March 2005, but says action has been taken to address its disappointing performance in the UK.

UK: Uniq chairman leaving after strategic review

15 Mar 2005

Convenience food group Uniq today (Tuesday) announced that its chairman Bill Ronald is leaving after the conclusion of a strategic review.

UK: Uniq announces board changes

11 Mar 2005

Convenience foods group Uniq today (Friday) announced that two of its non-executive directors will be standing down later this year having served nine years on the board.

UK: Uniq says talks over possible offer ended

1 Mar 2005

UK based convenience foods group Uniq says that it has terminated discussions with a possible bidder for the company.

UK: Uniq says tough UK market will impact profits

11 Feb 2005

UK-based convenience foods group Uniq has said it expects trading in the UK to be adversely affected by an increasingly tough marketplace, which would hit group profits for the 2005/2006 financial year.

UK: Uniq reveals narrower sales decline

13 Jan 2005

UK convenience food group Uniq has said its continuing sales slid 0.6% in the third quarter, but added that its sales performance had improved from the first half, when continuing sales fell 4.8%.

UK: Uniq issues update on takeover proposals

20 Dec 2004

UK-based convenience food group Uniq has issued an update on the status of a takeover proposal made in October, saying a number of parties are still interested in buying the company.

UK: Uniq gives positive outlook despite H1 losses

8 Nov 2004

UK-based convenience food group Uniq has said its first-half results, which were impacted by prior year UK business losses, were in line with expectations.

UK: Uniq receives revised takeover approach

26 Oct 2004

UK-based convenience food group Uniq has said that it has received a revised approach in respect of a potential offer for the company.

Offshoring and consolidation: The end of the UK food industry?

25 Oct 2004

Production is moving to cheaper locations, while an increasingly small number of powerful buyers squeeze every last chance for profit out of processing. Or can UK food processing build a rosier future? The Institute of Grocery Distribution’s annual convention last week looked at the truth behind the fears of the UK food sector. Chris Lyddon reports.

UK: Uniq rejects two potential takeover offers

21 Oct 2004

UK-based chilled foods group Uniq has confirmed that it has recently received unconnected approaches from two parties in respect of potential takeover offers for the company.

UK: Uniq says UK market remains challenging

16 Sep 2004

UK convenience food group Uniq has said that it has won new business in the UK during the first half, but that market conditions in the UK and Northern Europe remain challenging.

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