All Financial Results articles
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News
PepsiCo cuts sales outlook due to weakening demand
The fmcg giant saw volumes slip in the third quarter across most divisions
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News
City snapshot: Greencore upgrades profit forecasts after ‘outstanding performance’ in Q4
Profits at Greencore will be ahead of expectations thanks to “an outstanding performance” in the final quarter of its financial year. Plus, trading updates from Imperial Brands and Cooks Coffee, the latest data from Kantar, BRC and Barclays, and Gusbourne secures additional funding
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News
Framptons back in profit 18 months after £5m cash injection
Plant-based co-packer Framptons has completed a remarkable turnaround by returning to profit less than 18 months after it sought a £5m cash injection to ensure its survival
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News
Alt-meat brand This losses continue as it pushes for profitability
Alt-meat producer This has reiterated its plan to hit profitability this year after failing to stem widening losses in its latest accounts
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News
‘Back to the future’ as volumes fall at big 50
Volumes at the world’s largest consumer packaged goods companies tumbled for the first time in a decade last year as battered consumers sought out cheaper options in the face of constant price increases
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News
Tesco shares race higher on profits upgrade and healthy dividends
Tesco increased group revenues 3.5% to £31.5bn in the 26 weeks ended 24 August
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News
Bart Ingredients improves losses as price rises pass through to retailers
Inflation has proved tough on the herbs and spices manufacturer, which made a second consecutive loss in 2023
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News
Ken Murphy ‘betting on’ bumper Christmas for Tesco as Finest sales surge
Tesco said sales grew by 4% to £31.5bn over the 26 weeks to 24 August, compared with the same period last year
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News
City snapshot: Tesco raises profit expectations on strong first half
Tesco has upgraded profit forecasts for the year after boosting volumes by more than expected in the first half. Plus, a Q4 trading update from SSP Group
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News
Mindful Chef narrows losses as it withdraws from retail
The meal kit provider was forced to radically trim costs last year ‘to align to the lower turnover levels’
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News
Booths hails ‘solid’ performance after customer investment pays off
Results were helped by ‘record’ Christmas sales and Booths’ investment in stores
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News
City snapshot: Record sales as Shepherd Neame shifts focus away from off-trade
Britain’s oldest brewer Shepherd Neame has posted record revenues and a “good” uplift in profit as it pivoted away from the off-trade to focus on its pubs.
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News
Filippo Berio volumes hit by spike in olive oil prices
Filippo Berio has marked another “challenging year” as record olive oil inflation continues to weigh on profits
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News
Fentimans sinks into the red as sales lose fizz
The group swung from a £610k profit to pre-tax losses of £656k in the year ended 31 December 2023 as revenues sank 7.6% to £39m
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Analysis & Features
Who holds the power in UK dairy?
UK dairy has become ‘more polarised towards the bigger players’ over the past five years. Here’s a look at the 15 biggest and how they’ve risen to the top
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News
AG Barr shares lose fizz despite Irn-Bru and Rubicon owner outperforming soft drinks market
AG Barr shares lost ground this week despite the Irn-Bru supplier reporting a strong set of first-half results in a challenging soft drinks market
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News
Morrisons makes turnaround headway but sales growth slows in Q3
Like-for-like sales growth has slowed at Morrisons in a ’noticeably softer’ third quarter as new CEO Rami Baitiéh continued his turnaround efforts
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News
Vita Coco credits emerging ‘natural hydration’ trend for double digit sales growth
Sales of Vita Coco in the UK were up by 23% in 2023
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News
Scotmid Co-op enjoys 40% surge in trading profit to £2.1m
During the six months to 27 July, Scotmid also reported an almost 1% rise in turnover to £214m
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News
Henderson Retail sees turnover jump 7.6% to £614.9m
The Spar retailer, which owns 100 supermarket, convenience, and forecourt stores across Northern Ireland, said its turnover was driven by strong grocery sales