Cathal Kenny

14 results

Stripe founders Patrick and John Collison. The company’s valuation recently rose to €19.9 billion

In a troublesome geo-political environment, business was at times a struggle in the past 12 months. But the cream eventually rises to the top and our (...)

Shareholders in Cuisine de France owner Aryzta will, for now, accept steadiness. Photograph: Nick Bradshaw

Long-suffering investors in Aryzta could be forgiven for growing tired of peering through the greasy oven window for signs of life in the baked goods (...)

Photograph: iStock

Irish-Swiss baking group Aryzta saw its three-year programme to get the business back on track begin to pay off in the second half of the year, as org(...)

Total Produce chairman Carl McCann. The company said it was targeting 2018 full-year adjusted earnings per share on a like-for-like basis in line with 2017.   Photograph: Alan Betson

Total Produce shares fell as much as 8.65 per cent in early trade after the company issued a trading update noting that adverse weather led to lower p(...)

Origin Enterprises chief executive Tom O’Mahony said the group was “well positioned to capitalise on its . . . business platforms, development opportunities and strong cash generation”. Photograph: Eric Luke

Agri-services group Origin Enterprises beat analyst estimates by posting increased profits helped by improved fertiliser and feed volumes at the busin(...)

Aryzta, the company behind Cuisine de France, announced a plan to cut costs by €200 million over three years. Photograph: Nick Bradshaw

Aryzta’s stock plunged a record low on Thursday as the beleaguered Swiss-Irish baked goods group issued a fresh profit warning, sparking fresh concern(...)

 Tom O’Mahony: “we remain committed to expanding Origin’s footprint”

Pre-tax profits at agri-services group Origin Enterprises fell 25.7 per cent to €65.5 million in the 12 months to the end of July as adverse weather a(...)

Danone has been seeking to rebuild its position in China after an infant formula product recall in 2013

French food group Danone is due to report full-year earnings tomorrow, with positive results expected. Davy Stockbrokers said Danone has outperformed(...)

Davy Stockbrokers said the operating environment remains challenging for drinks group C&C across key markets. Photograph: Bryan O’Brien

Drinks group C&C, which owns Bulmers cider and Tennent’s lager, is to release a trading update this Thursday, the day of its agm. The trading upd(...)

Glanbia Co-Operative Society, which currently has a 41.7 per cent shareholding in the group, said it wishes to reduce its stake to 36.5 per cent.

Glanbia’s largest shareholder is seeking to dispose of a portion of its stake in the group at a co-op member vote scheduled for mid-May.Glanbia Co-Ope(...)

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