Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Pin to quick picksCoca-Cola HBC Share News (CCH)

Share Price Information for Coca-Cola HBC (CCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,712.00
Bid: 2,712.00
Ask: 2,716.00
Change: 36.00 (1.35%)
Spread: 4.00 (0.147%)
Open: 2,688.00
High: 2,728.00
Low: 2,686.00
Prev. Close: 2,676.00
CCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Food retailers defend sugar record after SACN report slashes sugar guidance

Fri, 17th Jul 2015 10:38

(ShareCast News) - A government-backed report on carbohydrates has called for the British recommended daily allowance of sugar to be cut in half, which has forced retailers to robustly defend their efforts to cut the sugar content and calorie counts of their products.As expected, the Scientific Advisory on Nutrition (SACN), on Friday published a report where it said it was now "recommending that population average intake of free sugars should not exceed 5% of total dietary energy" from its previous draft guidance of 10%.The report from SACN, which advises Public Health England and other government agencies on nutrition matters, specifically said consumption of sugar-sweetened beverages "should be minimised by both children and adults".This has been predicted weigh on producers of soft drinks such as Coca Cola HBC, Britvic, AG Barr and SAB Miller as well as supermarkets, sweet snacks makers such as Premier Foods and Finsbury Food, as well as sugar producers, including the like of Tate & Lyle and Associated British Foods. Food labelling may also need to change."The evidence is stark - too much sugar is harmful to health and we all need to cut back," said Professor Ian Macdonald, chair of the SACN Carbohydrates and Health working group. "The clear and consistent link between a high-sugar diet and conditions like obesity and type 2 diabetes is the wake-up call we need to rethink our diet. Cut down on sugars, increase fibre and we'll all have a better chance of living longer, healthier lives."But the UK retailers argued that they had already implemented a variety of initiatives to cut the sugar content and calorie counts of their products, which the SACN acknowledged, in line with an increasing consumer interest in health and diet issues.Soft drinks have been in particular focus of retailers, the British Retail Consortium said, with thousands of tonnes of sugar removed from an array of fizzy beverages and juices.In a statement defending the record of its members, the BRC pointed out that Tesco has removed 1.5bn calories from its soft drinks division in the last year, while Morrisons removed 122 tonnes of sugar from its high juice squashes and 72 tonnes from its energy drinks.Asda remains a lead partner in the Change4Life sugar swap campaign and has cut added sugar across all its soft drinks by 22%. Marks & Spencer has removed 59 tonnes of sugar from their yoghurts and over 70% of Aldi's own-label soft drinks are now sugar-free.Aside from reformulating products, retailers have made efforts to improve nutritional labeling, promote fruits and vegetables and offer in-store healthy eating advice, the BRC pointed out."Retailers have demonstrated both individually and also collectively through government initiatives, a progressive approach to reducing sugar in their products," said Andrew Opie, the BRC's director of food and sustainability."We know there is further to go and we are happy to discuss future reductions in sugar, building on the progress we have made so far. However, we believe that the focus needs to be on those initiatives that will make a difference and, crucially, getting the entire food industry to adopt retailers' positive approach," he added.
More News
11 Aug 2022 16:52

LONDON MARKET CLOSE: US inflation elation fades; GSK and Haleon weigh

(Alliance News) - Equities in London failed to sustain gains into Thursday despite further data showing price pressures may finally be easing in the US.

Read more
11 Aug 2022 12:27

LONDON MARKET MIDDAY: Stocks down; Haleon and GSK hit by Zantac worry

(Alliance News) - Stock prices in London were mostly lower at midday on Thursday as a rally fuelled by cooling US inflation lost steam, while Walt Disney shares surged in New York after posting huge subscriber growth.

Read more
11 Aug 2022 08:58

LONDON MARKET OPEN: Network International surges on share buyback

(Alliance News) - Stock prices in London opened mixed on Thursday on a busy day of company news, with Coca-Cola HBC leading the FTSE 100 after well-received interim results, while Network International boosted the FTSE 250.

Read more
11 Aug 2022 08:51

TOP NEWS: Coca-Cola HBC interim sales growth overcomes Russia fallout

(Alliance News) - Coca-Cola HBC AG on Thursday said its first half was "strong" despite a severe drop in profit, knocked back by the significant costs involved in exiting from Russia.

Read more
11 Aug 2022 07:52

Coca-Cola HBC H1 profits drop despite revenue growth

(Sharecast News) - Bottling group Coca-Cola HBC said on Thursday that revenues had grown in the six months ended 1 July but contracting margins had led to a drop in interim profits.

Read more
11 Aug 2022 07:50

LONDON MARKET PRE-OPEN: Antofagasta slashes dividend as profit slumps

(Alliance News) - Stock prices in London are seen opening slightly higher on Thursday, following gains by US and Asian equity markets overnight, after data on Wednesday showed US inflation finally easing from a four-decade high.

Read more
9 Aug 2022 08:32

Coca-Cola HBC buys mixer product line Three Cents for EUR45 million

(Alliance News) - Coca-Cola HBC AG on Tuesday said its wholly-owned subsidiary CC Beverages Holdings II BV has bought ESM Effervescent Sodas Management Ltd, which operates the brand Three Cents.

Read more
9 Aug 2022 07:07

Coca-Cola HBC to acquire ESM Effervescent Sodas

(Sharecast News) - Beverage company Coca-Cola Hellenic Bottling has agreed to acquire ESM Effervescent Sodas from Greece's IDEAL Holdings' wholly-owned SICC Holdings subsidiary.

Read more
14 Jul 2022 09:45

LONDON BROKER RATINGS: Berenberg lifts Hunting; Goldman downgrades BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
13 Jul 2022 10:02

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
13 Jul 2022 09:37

Deutsche Bank raises target price on Coca-Cola Hellenic

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475.0p to 2,525.0p on Wednesday, stating they were expecting "another solid release" from the firm.

Read more
21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
14 Jun 2022 16:11

UK shareholder meetings calendar - next 7 days

Wednesday 15 June 
Angling Direct PLCAGM
888 Holdings PLCAGM
Christie Group PLCAGM
Deltic Energy PLCAGM
Distribution Finance Capital Holdings PLCAGM
Ferrexpo PLCAGM
Foresight Solar Fund LtdAGM
Foxtons Group PLCAGM
IGas Energy PLCAGM
NAHL Group PLCAGM
NB Global Monthly Income Fund LtdAGM
Phoenix Spree Deutschland LtdAGM
Science in Sport PLCAGM
SourceBio International PLCAGM
Standard Life Investments Property Income Trust PLCAGM
Tortilla Mexican Grill PLCAGM
WANdisco PLCAGM
Whitbread PLCAGM
Xaar PLCAGM
Thursday 16 June 
AEX Gold IncGM re name change to Amaroq Minerals Ltd
AEX Gold IncAGM
Anexo Group PLCAGM
Anpario PLCAGM
Baillie Gifford China Growth Trust PLCAGM
Bisichi PLCAGM
Engage XR Holdings PLCAGM
EPE Special Opportunities LtdAGM
Evraz PLCAGM
Informa PLCAGM
Kape Technologies PLCAGM
Martin Currie Global Portfolio Trust PLCAGM
Ruffer Investment Co LtdEGM re authority to issue shares
S4 Capital PLCAGM
TBC Bank Group PLCAGM
UK Commercial Property REIT LtdAGM
Friday 17 June 
Blackstone Loan Financing LtdAGM
boohoo Group PLCAGM
Directa Plus PLCAGM
Tesco PLCAGM
EnQuest PLCAGM
Octopus Renewables Infrastructure Trust PLCAGM
Monday 20 June 
Armadale Capital PLCAGM
Bank of Georgia Group PLCAGM
Globalworth Real Estate Investments LtdAGM
MetalNRG PLCAGM
Midatech Pharma PLCAGM
Silver Bullet Data Services Group PLCGM re fundraise
Venture Life Group PLCAGM
Tuesday 21 June 
1Spatial PLCAGM
Altus Strategies PLCAGM
Coca-Cola HBC AGAGM
FireAngel Safety Technology Group PLCAGM
HC Slingsby PLCAGM
HSS Hire Group PLCAGM
Mission Group PLCAGM
Novacyt SAAGM
Pendragon PLCAGM
RTW Venture Fund LtdAGM
Velocys PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
9 Jun 2022 09:53

LONDON BROKER RATINGS: Credit Suisse prefers Shell over BP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
13 May 2022 12:07

Jefferies ups Coca-Cola HBC to 'buy'

(Sharecast News) - Jefferies upgraded Coca-Cola HBC to 'buy' from 'hold' on Friday and lifted the price target to 2,000p from 1,800p, as it said that although there is still no visibility on the endgame for Russia/Ukraine, it has more confidence in the underlying earnings prospects of the business.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.