Finance news – Page 683
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NewsFirst Milk returns to annual profit after 15% sales boost
First Milk has reported a 15% hike in revenue and a return to profit in its financial results for the year ending 31 March 2014.
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NewsIrn-Bru maker AG Barr outperforms soft drink market with sales up 5%
AG Barr has posted a final quarter trading performance “well ahead” of the soft drinks market with revenue growth of 5% for the period ended 25 January.
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NewsLargest family income increase for over five years means shoppers feel flush
Real wage growth from the fall of fuel and food puts the consumer of the front foot for the first time since the recession
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NewsPZ Cussons profits hit by unrest in Nigeria
Profits at PZ Cussons have fallen as the Imperial Leather manufacturer continued to suffer from political unrest in Nigeria.
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NewsBritvic first quarter revenues slide on tough UK trading conditions
Britvic has announced a 1.4% fall in GB revenues amid “challenging trading conditions”, but insists it remains confident of hitting full year profit expectations.
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NewsGreencore registers sales rise despite challenges of the big four
Revenues jumped 3.6% at Greencore Group to £331.9m in the first quarter thanks to continued good growth in the UK food-to-go market and strong double-digit rises in the US.
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NewsBusiness booming for Tyrrells following Investcorp takeover
Premium snacks supplier Tyrrells has enjoyed booming sales in its first year…
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NewsFood retailers issue record number of profit warnings in 2014
Listed UK food and drug retailers issued a record number of profit warnings in 2014 as the grocery sector came under attack from discounters.
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NewsB&M Bargains' shares rise on Christmas sales uplift
B&M Bargains’ shares were up by over 5% this morning after it reported a like-for-like sales uplift of 4.5% in the 13 weeks to 27 December.
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NewsPremier Foods shares soar as Mr Kipling puts in ‘stand-out’ performance
A stand-out performance from Mr Kipling has helped Premier Foods put the brakes on power brand slowdown.
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NewsCity sceptical over supermarket share price rallies
Supermarket share prices recovered in early 2015, but City investors remain unconvinced the pain of last year is over.
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NewsHoliday periods in the UK and US just the tonic for Fever-Tree growth
Strong sales in the final two months of 2014 have pushed Fever-Tree’s full-year revenue comfortably ahead of expectations.
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NewsGrocery deflation hits record high in the run-up to Christmas
Festive bargain-hunters got an early present as supermarket deflation accelerated to its highest level to date in the run-up to Christmas.
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NewsSABMiller hit by third quarter China slowdown
Peroni brewer SABMiller has reported a 1% dip in third quarter lager volumes, driven by a significant decline in China.
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NewsDelayed store openings take the shine off Poundland's record Christmas
More than seven million customers were served at Poundland in the peak Christmas trading week helping the discount chain to a record festive period.
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NewsWH Smith focuses on margin as group sales slip again
WH Smith’s gross margin continues to grow, despite a 2% fall in like-for-like sales in the 20 weeks to 17 January.
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NewsReckitt Benckiser fined £540k for share dealing reporting lapses
The UK’s Financial Conduct Authority (FCA) has fined Reckitt Benckiser Group £539,800 for “inadequate systems and controls” to monitor share-dealing by its executive team.
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NewsWhitworths owner Real Good Food snaps up Rainbow Dust for £7.5m
Real Good Food has completed the acquisition of Rainbow Dust Colours in a deal worth up to £7.5m.
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Unilever sales hit by challenging market conditions
Unilever has posted lower than expected full-year sales as growth remained mixed in emerging markets and Europe.
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NewsFaccenda Foods grows sales for fourth year running
Poultry processor Faccenda Foods has increased its top line for the fourth consecutive year with profits more than doubling.