Ed Devlin

London

Chief Finance Reporter at The Grocer

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thegrocer.co.uk

Articles

Humantra set for Boots rollout following investment from JamJar

1 week ago | thegrocer.co.uk | Ed Devlin

Hydration startup Humantra has secured backing from JamJar, the consumer-facing investment firm set up by the founders of Innocent, to support the acceleration of a UK retail rollout alongside ongoing international expansion. British entrepreneur Charlie Wright founded the brand in Dubai in 2022, entering the UK market the following year with its range of electrolyte and antioxidant drink sachets. Humantra said it was experiencing rapid growth and forecast revenue would triple in 2025.
Shoppers to tighten belts as grocery inflation ramps up in May

1 week ago | thegrocer.co.uk | Ed Devlin

Prices in supermarkets soared to their highest levels for 15 months, with hikes rising fastest for chocolate, butters & spreads and suncare, according to the latest data out this morning. Kantar’s monthly grocery sales figures also revealed M&S maintained strong growth levels despite being hit by a high-profile cyber-security incident. The retailer generated a 12.3% rise in spending on groceries in the 12 weeks to 18 May 2025.
Tennent’s and Bulmers owner C&C Group back in the black as Roger White takes the helm

1 week ago | thegrocer.co.uk | Ed Devlin

C&C has returned to the black and significantly improved underlying profitability following turnaround efforts at the drinks group. This morning’s annual results are the first for the company under the leadership of former AG Barr boss Roger White, who took the helm in January. Adjusted EBITDA increased 19.5% to €112m in the year to 28 February, while operating profits registered growth of 28.5% to €77.1m.
CBD drinks brand Trip racks up losses amid global expansion

2 weeks ago | thegrocer.co.uk | Ed Devlin

CBD drinks sensation Trip has racked up losses of almost £14m as it invested heavily into building a global brand with booming sales, new documents have revealed. The business, launched by Olivia Ferdi and Dan Khoury in 2019, accumulated losses of £5.6m in the year ended 28 February 2024, according to unaudited accounts filed at Companies House. It comes on top of a similar deficit in the prior year and takes total losses at the business to £13.9m.
This improves margins as meat-free brand halves losses

2 weeks ago | thegrocer.co.uk | Ed Devlin

This has taken a big step towards profitability as it scored a positive gross margin for the first time in the meat alternative brand’s history. Under new boss Mark Cuddigan, who took charge in February last year, the business has slashed the total number of SKUs produced from 100 to 44 as part of its strategy to become profitable.
Food & drink M&A momentum continues as UK activity hits eight-year high

2 weeks ago | thegrocer.co.uk | Ed Devlin

M&A in food & drink has continued its recovery in 2025, with UK deals at an eight-year high, but the uncertainty caused by Donald Trump’s tariff agenda in the US could disrupt the positive momentum, according to a new report. Volumes in the sector for the first quarter matched the 40 recorded in the final three months of 2024, data from professional services firm Grant Thornton showed.
Cranswick’s new animal welfare review is money well spent

2 weeks ago | thegrocer.co.uk | Ed Devlin

Leading UK meat supplier Cranswick has committed to a fully independent veterinary review of its existing animal welfare policies, following the shocking revelations last week of abuse at one of its farms. It also announced a comprehensive review of its livestock operations across the UK.
Cranswick launches comprehensive animal welfare review as it posts record revenues and profits

2 weeks ago | thegrocer.co.uk | Ed Devlin

Cranswick launches comprehensive animal welfare review as it posts record revenues and profitsBy Ed Devlin2025-05-20T06:51:00+01:00
Cranswick to review animal welfare as it posts record revenues and profits

2 weeks ago | thegrocer.co.uk | Ed Devlin

Cranswick is launching a review of its existing animal welfare policies and livestock operations across the UK following revelations last week of mistreatment of pigs at one of the meat processor’s farms. The group announced the “new, fully independent, expert veterinarian review” this morning as it reported record annual revenues and profits over the past year. Cranswick was rocked last week as shocking footage emerged revealing multiple breaches of animal welfare at a farm in Lincolnshire.
Premier Foods eyes M&A push as sales of brands pass £1bn

3 weeks ago | thegrocer.co.uk | Ed Devlin

Premier Foods is plotting to snap up more brands to bolster surging growth at the ambient supplier as annual profits beat expectations and branded sales reached £1bn. CEO Alex Whitehouse called the 52 weeks ended 29 March “another strong year” for the group and highlighted further M&A as a central pillar of the growth strategy.