Dutch grocery giant Ahold has reported a 2.5% increase in third quarter sales to €6.9bn. Profits during the period rose 5.3% to €300m. It also performed particularly well in the US, where sales rose 8.5% to $5.8bn.
Price hikes meant third-quarter profits rose at the world’s largest brewer, despite a slight dip in beer volumes.
Sainsbury’s has posted like-for-like sales growth of 1.9% for the past six months, excluding fuel. Total sales at the supermarket were up 7.6% to £12.8bn, or by 4.3% excluding fuel, in the 28 weeks to 1 October. Underlying pre-tax profits rose 6.6% to £354m.
Sign in to comment on this article
Not logged in before? Register for FREE guest access today.
You will be able to:
Delivering sustainable organic growth is an ongoing challenge for most businesses
Overall food and drink exports from the UK were down 4.4% to £12.3bn
Chichester Crown Court heard that contractor Bradley Watts was lagging pipes in the loft space of the company’s Chichester site when he was electrocuted in June
Site powered by Webvision Cloud