Produce Investments swings to loss as frost hampers harvests
12th Oct 2018 09:21
(Sharecast News) - Potato and Daffodil farmer Produce Investments swung to an annual loss after unusually poor Winter and Spring weather limited harvests and the company wrote down the value of its assets.
Read moreProduce Investments appoints Neil Davidson as non-executive director
29th Jun 2015 08:17
Produce Investments has appointed Neil Davidson as non-executive director with immediate effect. Davidson has over 30 years of experience in the agri-food sector and has worked with Northern Foods, Express Dairies and Arla Foods. He was also non-executive director of Persimmon from 2004 until 2013
Read moreProduce Investments shares mashed by potato salad contamination drama
13th May 2015 15:09
Shares in potato and daffodil grower Produce Investments (PIL) were hit after traces of metal were found in a potato salad made by one of its subsidiaries. The AIM-listed company said it was "too early to quantify" the potential financial impact of the recall for the year ending 27 June, but that th
Read moreProduce Investments chairman buys shares showing confidence
27th Mar 2015 15:48
The chairman of Produce Investments bought some new shares showing confidence in the group after disappointing first half of the year. Barrie Clapham bought 100,000 shares for an individual price of 127p, spending a total of £127,000 in the transaction. Clapham now holds 6.3m shares in the potato f
Read moreProduce Investments eyes acquisition of potato firm
8th Jan 2014 12:41
Produce Investments, which operates in the potato business, prompted a jump in its share price on Wednesday after confirming it had entered into a heads of terms agreement to acquire Jersey Royal Company. The AIM-listed group has agreed a period of exclusivity for a potential acquisition of Jersey
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreProduce Investments records loss as wet weather hits potato crops
22nd Mar 2013 11:16
Potato company Produce Investments on Friday reported a loss as wet weather in 2012 impacted crops and pushed up costs. The group posted an operating loss of £0.68m for the 26 weeks to December 29th, 2012, down from the prior year's profit of £4.76m. Chief Executive Angus Armstrong said high rai
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