All Financial Results articles – Page 128
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NewsBrewDog heralds record results with 55% revenue surge
UK retail sales grew 83%, while revenue from BrewDog’s fast-expanding bar division almost doubled, growing 92%
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NewsHiggidy sales fall flat following 'major brand restructure'
Sales at premium pie maker Higgidy flat-lined last year as a major restructure of the brand hit revenues, though sales have picked up in recent months.
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Analysis & FeaturesRussia World Cup sales boom boosts Carlsberg's second quarter
Denmark may have knocked out in the second round of this summer’s World Cup but the country’s brewing giant Carlsberg had plenty to celebrate this summer.
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NewsCrediton Dairy posts 9.7% sales increase to £68.5m
Despite the increase in turnover, its profits took a £1m hit as it focused on R&D
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NewsAsda reports second quarter growth of 0.4%
Asda has now recorded five consecutive quarters of like-for-like growth
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NewsCarlsberg upgrades earnings forecast after strong first half
Carlsberg has upgraded its full-year earnings expectations after posting a 5.1% rise in organic net revenue in the first half of the year. Plus, Henkel has downgraded its full year earnings expectations as currencies hit its annual results and all the rest of the latest news from the City.
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NewsSales suffer at Thorntons after first full year under Ferrero
Chocolate retailer and supplier Thorntons has suffered a sharp drop in sales and an expansion of losses in its first full financial year under Ferrero ownership.
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NewsCoca-Cola European partners flattened by France and Spain despite levy boost
The soft drink levy provided a much-needed boost for CCEP despite being expected to stifle fizzy drink makers as sales dived elsewhere in Western Europe
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NewsNakd sales growth slows under Lotus ownership
The maker of Nakd healthy cereal bars Natural Balance Foods has continued to grow sales under the ownership of Lotus Bakeries, but its rate of growth has slowed dramatically since its £60m sale.
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NewsNew owners bring cereal bar maker Halo Foods back in profit
The Harvest Cheweee maker completed a turnaround in 2017 to jump up to a £361k pre-tax profit from a £3.1m operating loss
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NewsVolumes slide at CCEP after second quarter sales slumps in western Europe
CCEP’s total comparable revenues grew 1% in the half-year to 29 June 2018, as it was supported by strong sales growth in the UK.
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NewsCity snapshot: World Cup boosts first half sales at Coca-Cola HBC
European FTSE 100 coke bottler Coca-Cola HBC has reported a 6.4% first half jump in sales as the World Cup and warm weather boosted volumes in the second quarter. Plus, half year results from Irish groups Kerry Group and Glanbia and all the rest of the latest news from the City.
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NewsFirst half profits rise 8.6% at Stock Spirits Group
Premium spirit supplier Stock Spirit Group (STCK) saw profits jump 8.6% for the half-year, despite “challenges in its core markets”.
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NewsProfits tumble at Wrigley UK as chewing gum sales wane
Profits at Extra and Juicy Fruit chewing gum maker Wrigley tumbled by a third last year, as category sales continued to decline
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NewsKraft Heinz shares jump as condiments and sauces drive European growth
Kraft Heinz shares jumped 8% after booming sales outside of North America helped it record second quarter top-line growth.
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NewsHeineken drops 5% after Brazil expansion hits margins
Heineken’s expansion in Brazil took the fizz out of its growth in the first half of 2018, meanwhile AG Barr shrugged off a ‘volatile’ period by delivering 5% sales growth
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NewsHot weather helps AG Barr recover to 5% sales growth
Irn Bru and Rubicon manufacturer AG Barr recorded a 5% increase in sales for the first half of 2018.
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NewsMedia Bites 1 Aug: Greggs, Food inflation, P&G
Bakery chain Greggs reported a rise in sales yesterday despite a challenging high street and extreme weather conditions, driven by growth in its breakfast and healthier choices ranges
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Comment & OpinionIFRS 16 accounting change will be momentous for UK retailers
Savvy retailers have a window of opportunity to proactively negotiate with their banks, says MUFG’s Simon Lello
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NewsCity snapshot: Hot weather hits first half trading at Greggs
Food to go bakery chain Greggs has reported a slowdown in first half like-for-like sales and a drop in profitability as hot UK weather and falling footfall hit performance. Plus, UK food to grow drives 8.1% pro forma third quarter sales rise at Greencore, first half sales up and profits down at Just Eat and all the rest of the latest news from the City.