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Sector movers: Consumer staples making gains

Tue, 08th Apr 2014 15:16

Consumer staples stocks were among the best performers on Tuesday in London with tobacco, food and beverage stocks leading the advance.Cigarettes and tobacco giant British American Tobacco was among the best performers on the FTSE 100 in afternoon trade, up 1.8%, along with cosmetics and food group Unilever, up 2.2%.Drinks makers Diageo and SABMiller were also higher.The positive moves could have been a result of the International Monetary Fund's World Economic Outlook report, in which it hiked its 2014 growth estimate for the UK economy to 2.9%, up from an initial forecast of 2.4%. This means that the UK will be the fastest-growing economy in the G7 this year.Ingredients manufacturer The Real Good Food Company, dairy group Ukrproduct and a host of food producers were also rising strongly in afternoon trade as investors largely shrugged off negative readacross from German sugar producer Suedzucker which issued a profit warning today. The XETRA-listed stock was down around 20% in afternoon trade in Frankfurt after the company warned that it expects a fall in revenues and profits this year due to tough European sugar and bioethanol markets.Top performing sectors so far todayTobacco 37,744.43 +0.91%Food Producers & Processors 7,485.14 +0.56%Beverages 13,950.45 +0.41%Industrial Metals & Mining 1,031.29 +0.24%Food & Drug Retailers 3,770.19 +0.19%Bottom performing sectors so far todayForestry & Paper 10,846.76 -3.82%Fixed Line Telecommunications 4,229.13 -3.36%Automobiles & Parts 8,844.90 -2.93%Personal Goods 22,604.70 -2.83%General Retailers 2,903.86 -2.60%BC
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9 Mar 2020 18:04

Real Good Food Executive Director Richardson To Leave For New Role

Real Good Food Executive Director Richardson To Leave For New Role

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29 Nov 2019 09:11

Real Good Food Interim Loss Narrows; Confident In Making Progress

Real Good Food Interim Loss Narrows; Confident In Making Progress

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29 Nov 2019 07:38

Food ingredients division helps Real Good Food to narrow losses

(Sharecast News) - Real Good Food posted a narrowing of its interim losses on Friday as a "stellar" performance from its food ingredients business and cost savings helped to offset a more challenging period for the cake decorations segment.

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24 Oct 2019 15:00

Real Good Food Appoints Gail Lumsden As Non-Executive Director

Real Good Food Appoints Gail Lumsden As Non-Executive Director

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10 Oct 2019 12:05

Real Good Food Appoints Frenkel Topping Chair As Executive Director

Real Good Food Appoints Frenkel Topping Chair As Executive Director

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26 Sep 2019 12:48

Real Good Food Reports Mixed Performance In Recently Started Year

Real Good Food Reports Mixed Performance In Recently Started Year

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26 Sep 2019 09:40

Real Good Food hails 'very positive' trading

(Sharecast News) - Food manufacturer Real Good Food said on Thursday that trading in the new financial year had been "very positive".

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3 Sep 2019 11:25

Real Good Food Boss Cawley Resigns Amid Major Role Change On Disposals

(Alliance News) - Cake decoration and food ingredients firm Real Good Food PLC said Tuesday Chief Executive Officer Hugh Cawley will step down from the firm after a series of asset disposals the -

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3 Sep 2019 09:03

Real Good Food CEO Hugh Cawley steps down

(Sharecast News) - Real Good Food said on Tuesday that chief executive officer Hugh Cawley will step down with immediate effect and leave the company at the end of the month.

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30 Aug 2019 14:02

Real Good Food Non-Executive Steve Dawson To Step Down October End

(Alliance News) - Real Good Food PLC on Friday said Independent Non-Executive Director Steve Dawson will be stepping down from the board on October 31.Dawson joined the food business, which

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23 Aug 2019 12:08

Real Good Food secures new ?8.87m credit facility

(Sharecast News) - Real Good Food has secured a total credit facility of £8.87m from Leumi ABL, it announced on Friday, enabling it to repay certain debt facilities provided by its three major shareholders - Napier Brown, Omnicane International Investors, and certain funds managed by Downing LLP.

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23 Aug 2019 10:39

Real Good Food Secures GBP8.9 Million Loan Facility From Leumi

(Alliance News) - Cake decoration and food ingredients maker Real Good Food PLC said Friday it has secured a total credit facility of GBP8.9 million from lender Leumi ABL Ltd.The loan a a a

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16 Aug 2019 10:57

WINNERS & LOSERS SUMMARY: RBS Makes Partial Comeback After Steep Fall

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Hiscox, a

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16 Aug 2019 09:27

Real Good Food Annual Loss Widens; Current Trading Robust

(Alliance News) - Cake decoration and food ingredients business Real Good Food PLC on Friday said impairment charges related to a business turnaround programme led to a sharply widened annual a of

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16 Aug 2019 07:36

Real Good Food annual loss widens to £27m

(Sharecast News) - Real Good Food said it was trading in line with its own modest expectations on Friday as the food ingredients and cake decoration company reported a £27m annual loss.

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