All Financial Results articles – Page 120
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NewsNestlé UK profits fall despite soaring sales of Nespresso
Double-digit growth for Nespresso hasn’t been enough to prevent the fall in operating profits
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NewsOC&C Top 150 reveals fall in food and drink growth and profits
Profit margins have declined across the UK as the industry prepares for Brexit
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Analysis & FeaturesOC&C: How the UK’s Top 150 Food & Drink Suppliers are faring in the fog of Brexit
We analyse OC&C’s Top 150 Index of Food and Drink Suppliers in a special report
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NewsCity snapshot: Diageo earnings on target but ‘not immune’ from global trade threat
Diageo has said it expects to post solid organic sales and profit growth, but has warned it is “not immune” from disruption associated with changes to global trade policies. Plus, Coca-Cola HBC buys Italian waters supplier, Tate & Lyle agrees pensions deal and all the rest of the latest news from the City.
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NewsMPM sales continue to rise as owners keep spoiling pets
Sales at premium petfood manufacturer MPM Products have continued to rise as owners splurged on luxury meals for their cats and dogs
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NewsParfetts posts 10% jump in turnover as profits surge
The wholesaler’s like-for-like sales grew by 5%
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NewsCity snapshot: Science in Sport first half losses top £3m despite sales surge
Science in Sport has widened pre-tax losses from £2.6m to £3.1m in the half-year to the end of June on revenue that soared from £9.9m to £24.9m. Plus all the rest of the latest news from the City.
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NewsAsda shrugs off Brexit uncertainty as sales growth accelerates
Fresh food availability had improved as a result of changes to its supply chain and store processes
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NewsAldi may open more than 50 Local stores in London, says Giles Hurley
Hurley said Aldi’s London estate could grow from the current 45 to 250, more than 50 of which could be Aldi Locals
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NewsCity snapshot: Aldi pledges to double London store count despite 18% profits drop
Aldi has announced plans to double its store footprint inside the M25 after posting an 18% drop in pre-tax profits despite a double digit sales increase. Plus, second half growth surges at Finsbury Food Group and all the rest of the latest news from the City.
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NewsJapanese drinks giant Asahi sees sales surge across UK
The company said the growth was achieved “through continued investment in brand marketing campaigns”…
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NewsCity snapshot: Morrisons first half profits rise 5.3% despite first quarterly sales dip since 2016
Morrisons has posted a 5.3% rise in first half pre-tax profits despite recording a second quarter sales fall of 1.9%. Plus, The John Lewis Partnership has posted a £25.9m loss in the first six months of the year, British American Tobacco has announced it is to cut 2,300 jobs globally and all the rest of the latest news from the City.
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NewsHilton Food Group posts double-digit first half profits rise
Hilton Food Group has reported a 10.6% jump in first half pre-tax profits, boosted by growth in UK meat and its Seachill seafood business.
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NewsSugar woes dampen ABF’s grocery and Primark growth
Associated British Foods has issued a pre-close trading update, forecasting that earnings will be in line with last year as profit growth in its grocery and Primark businesses was offset by the continued struggles of AB Sugar.
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NewsCity snapshot: Sales slip at Greene King ahead of £2.7bn takeover
Greene King has reported a fall in like for like sales over the 18 weeks to 1 September ahead of a shareholder vote to approve its £2.7bn takeover.
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NewsHandmade Cake Co attributes ‘strong growth’ to free-from focus
The Handmade Cake Co reported a “year of strong growth” as increased focus on free-from bakery products boosted annual sales
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NewsMcBride profits drop 23% amid ‘difficult trading conditions’
Private label household goods manufacturer McBride has posted a 23% drop in full year adjusted operating profits as performance fell short of its ambitions amid “difficult trading conditions”.
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News‘Short-term challenges’ force Tyson to cut earnings forecast
US meatpacking giant Tyson Foods has cut its 2019 earnings guidance due to “short-term challenges” it said were negatively affecting fourth-quarter earnings.
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NewsJW Filshill posts 7% sales boost despite Brexit concerns
In June, Filshill announced plans to move to a new larger headquarters near Glasgow Airport
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NewsKraft Heinz UK sales climb by almost 5%
Increased consumption was supported by the launches of Bull’s-Eye barbecue sauce and low-sugar Tomato Ketchup.