The Tuborg and Somersby Cider-maker saw annual net profits sink to £155million from £536.1million.
DISNEY LAUNCH Entertainment group Disney has continued its push into online entertainment with a new on-demand version of its ESPN sports channel.
The $4.99-a-month (£3.60) service will be its first major foray into Netflix-style streaming.
POWER SWOOP Infrastructure firm J Murphy and Sons has bought bust builder Carillion’s power framework business for an undisclosed sum.
Murphy will take on Carillion’s work refurbishing and replacing parts of National Grid’s electricity network in England and Wales. Around 22 employees will be taken on.
RECORD SUM A record £8.3billionn was pumped into British start-ups in 2017, according to analysts at research firm Beauhurst.
LENDING RISE Swedish lender Handelsbanken saw lending to UK customers jump 12 per cent to £19.2billion last year. Deposits at its 208 British branches rose 27 per cent to £13.4billion.
HOUSING FALL London’s most exclusive houses are selling for an average 10 per cent less than their asking price as a property slump continues at the top end of the market, says research by Lonres.
PLANTS BLOOM Sales of house plants have shot up at Waitrose with 40 per cent more being spent by customers in the week to February.
HEALTH MOVE Support services firm DCC is buying US tablet maker Elite One Source Nutritional Services for £35.9million, entering the US healthcare market for the first time.
DCC has spent £670million on acquisitions so far this financial year.
PROFITS HIT Specialty chemicals group Johnson Matthey is to take a £50million hit to annual profits after settling a contract dispute lawsuit in the US.
Meanwhile it is expecting a £30million immediate boost from changes to tax law in the US. The firm said its outlook for the year was unchanged.
ROYALTY ROSE Mining firm Anglo Pacific expects a 90 per cent increase in royalty income for the year ending December 31, 2017, from £19.7million to £30.7million – a record.
The board is recommending a final dividend increase of 1p to 2.5p.
TOP DIY INVESTING PLATFORMS