All Finance articles – Page 534
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NewsCity snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
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NewsMedia Bites 23 Feb: Unilever, Fox's Biscuits, Hotel Chocolat
“Unilever forced to review strategy after aborted Kraft bid” is the lead business story in The Times (£) this morning.
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NewsBranded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
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NewsGlanbia sells off Irish dairy division for £95m to form jv with farmers co-op
Glanbia has agreed to sell off a controlling stake in its Irish diary business to the Glanbia Co-operative Society for €112m (£94.8m).
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NewsHotel Chocolat's Angus Thirlwell on cocoa, Brexit and online
Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder
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NewsPark Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment
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NewsMedia Bites 22 February: Asda, business rates, Burger King
Asda provided an update on its turnaround attempt yesterday, revealing like-for-like sales declined for the tenth quarter in a row with a 2.9% fall in the final three months of its financial year.
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NewsCity snapshot: Christmas hampers boost first-half sales and profits at Hotel Chocolat
Luxury chocolatier Hotel Chocolat has reported sweet growth in first-half sales and profits thanks to new store openings and strong Christmas trading.
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Comment & OpinionAsda’s quiet man Sean Clarke is right to focus on more than price
Today’s results provide some encouragement that Asda is at least heading in the right direction, but there’s still a long way to go …
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NewsAsda's Project Renewal quietly wound up by Sean Clarke
Chain reports 10th consecutive period of like-for-like sales decline but rules out ’nuclear’ price option
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NewsStan McCarthy to retire as Kerry Group chief executive
He will be replaced by Edmond Scanlon, currently president and CEO of Kerry Asia Pacific
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NewsAsda like-for-like sales fall 2.9% in the fourth quarter
Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke
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NewsConsumer spending stays high despite economy concern
The proportion of Britons positive about making purchases was 53% at the end of 2016, the highest ever recorded by Nielsen
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NewsSales of organic food increase for fifth year
Consumers spent an extra £138m on organic during the past year, according to the Soil Association
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NewsMedia Bites 21 February: Kraft Heinz failed bid for Unilever examined
The fallout from Kraft Heinz tilt at Unilever continues to generate significant column inches in the papers today.
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NewsExports of food and drink break through the £20bn barrier
The new figures from the FDF show China was the fastest growing market, with sales up more than 50% year on year
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Comment & OpinionKraft Heinz wash-up will put ‘Persil Paul’ and Unilever growth in the spotlight
With the announcement that the offer is off the table from the Americans, we ask where does all this manouvering leave Unilever and Kraft Heinz?
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NewsMike Coupe hits out at 'failing' business rates system
Coupe criticised the system for failing to take into account new online players in the market
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NewsAlternative milk brand A2's global revenues leap 84%
Growth reflected “outstanding results” in A2’s Australia, New Zealand and Chinese markets
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NewsAmazon reveals plans to add 5,000 UK jobs in 2017
The recruitment drive will take its UK workforce to 24,000 – up from 15,500 at end of last year