All Financial Results articles – Page 135
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NewsCity snapshot: Sainsbury’s stems sales slowdown amid store estate shake-up
Sainsbury’s has posted a small 0.2% drop in second quarter like-for-like sales (ex fuel), while announcing it plans to axe as many as 125 stores across its supermarkets, convenience stores and Argos outlets amid 200 openings.
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NewsFentimans profit growth hit by sugar tax and Brexit stockpiling despite sales jump
The premium soft drinks producer saw gross profits rise 14% last year but the growth was softened by costs associated with the sugar tax and Brexit stockpiling
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NewsHenderson Wholesale reports rocketing sales and profits
The company-owned stores division, Henderson Retail posted a 12% increase in turnover to £384m and a 12.9% jump in pre-tax profit to £8.7m
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NewsCity snapshot: Hotel Chocolat annual sales and profits jump amid global expansion plans
Hotel Chocolat has shrugged off “economic headwinds” on the UK high street to post a 14% full year sales surge and a 9% rise in underlying earnings. Plus, sales and profits drop at AG Barr after “disappointing” first half and all the rest of the latest news from the City.
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NewsGrenade sales soar as protein bar popularity continues
The “continued success” of its range of protein bars, shakes, spreads and biscuits boosted sales by 30% to £37.6m in 2018
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NewsAldi results: what next as sales rise and profits fall?
There’s no sign of shrinking confidence as Giles Hurley sets out the way forward, from his Aldi Local plans to overtrading
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Comment & OpinionAre Aldi’s lower profits really such a bad thing, PR-wise, in these uncertain times?
Aldi isn’t bothered by short-term shareholder concerns. It’s investing in the future
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NewsOcado continues to surge ahead, outgrowing UK grocery rivals
Ocado has been keen to show the impact of its Andover fire was minimal
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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.