All Financial Results articles – Page 141
-
NewsMcColl's profits suffer after P&H collapse disruption
Pre-tax profits for the six months to 27 May felll to £2.3m as supply costs increased
-
NewsMedia Bites: Nestlé, Diageo and stockpiling food
Shares in Switzerland’s Nestlé rose yesterday after better sales in the US and China helped chief executive Mark Schneider pep up the performance of the world’s largest food and drinks group
-
NewsCity snapshot: Reckitt Benckiser ups sales targets after baby formula growth
Durex and Clearasil maker Reckitt Benckiser (RB.) lifted sales targets after half-year revenues were boosted by its acquisition of Mead Johnson, Danone’s growth slows after consumer boycotts in Morocco, and the rest if this morning’s finance updates
-
NewsSecond quarter sales up 4.7% at AB InBev despite US slowdown
The world’s largest brewer AB InBev has reported second quarter revenue growth of 4.7% largely driven by pricing as volumes grew by just 0.8% in the quarter.
-
NewsDiageo sees 8% GB growth on back of gin and craft beer boom
Global net sales are up a more modest 0.9% to £12.2bn
-
NewsCity snapshot: Nestlé reports first half organic growth of 2.8%
Swiss food giant Nestlé has reported it is on course to hit full year growth targets after reporting organic growth of 2.8% in the first half. Plus, on a hectic morning, AB InBev has reported second quarter revenue growth of 4.7% largely driven by pricing, Diageo announces 0.9% full year sales growth and new share buyback, updates from British American Tobacco and PayPoint and all the rest of the latest news from the City.
-
NewsGSK announces £1.7bn cost savings but stops short of consumer healthcare demerger
SK’s consumer healthcare sales fell 1% to £1.8bn in the second quarter, but the company failed to split off the consumer arm as recently predicted
-
NewsCoca-Cola grows organic second quarter sales by 5%
Soft drinks giant Coca-Cola Company (KO) has reported 5% growth of organic sales in the three months to the end of the June, though headline revenues fell 8% due to the refranchising of its bottling operations.
-
NewsEagle Eye losses grow despite 33% sales boost
Grocery tech firm Eagle Eye Solutions has recorded a 33% jump in full year sales, but its losses grew and customer volumes remain below expectations.
-
NewsCO2 shortage hits Britvic's third quarter sales
Britvic has reported a 3.4% increase in third quarter revenues to £366.9m, though revenue excluding the soft drinks levy fell 0.6% in the period as the CO2 shortage hit sales.
-
NewsFever-Tree raises full year earnings expectations after strong first half
Fever-Tree expects its full year results to be “comfortably ahead of expectations” after posting first half revenue growth of 45%.
-
NewsWorld Cup and hot weather drive supermarket sales surge
Grocery sales have jumped 3.6% in the 12 weeks to 15 July as the World Cup and the prolonged hot weather boosted trading according to Kantar Worldpanel.
-
NewsQuorn to invest £7m in new R&D centre after 12% sales growth
The boom in meat-free has helped Quorn to double-figure growth which has prompted the business to announce a £7m R&D investment.
-
Comment & OpinionMcColl’s results are a reminder of the dark days of November
CEO Miller admitted today the fallout from the P&H collapse was “unlike anything he had experienced in his almost 30 years in the business”
-
NewsCity snapshot: McColl's profits plunge after P&H collapse disruption
Like-for-like sales at convenience chain McColls grew 2.7% in the “most challenging six months the company has faced” as the company was impacted by the failure of Palmer & Harvey. Plus, Tesco readies discount chain launch and all the rest of the latest news from the City.
-
NewsBrazil truck strikes drag growth down at Unilever
Unilever has spent much of the past few weeks trying to unite shareholders over its planned corporate relocation to the Netherlands, but it was left frustrated by South American affairs on Thursday as shrinking profits were blamed on trucking strikes in Brazil.
-
NewsEnco sales and profits hit by stalling Nurishment performance
Newly filed accounts for the Grace Foods UK-owned supplier show 2017 sales dropped by 2.7% to £48.5m.
-
NewsPizza and savoury foods drive rise in frozen food sales
Pizzas and savoury foods led the category growth in the year to June, with their combined value up more than £100m on 2017
-
NewsCity snapshot: Brazil truckers strike hits Unilever's Q2 growth
Unilever has posted underlying sales growth of 2.5% in the first half of the year after organic growth slowed to 1.9% in the second quarter, excluding its spreads business. Plus, strong Vimto sales boost Nichols’ first half, trading updates from Hilton Food Group and Science in Sport and all the rest of the latest news from the City.
-
NewsCity snapshot: Premier Foods' growth slows ahead of crunch AGM
Premier Foods has announced first quarter sales growth of 1.7% ahead of a crucial shareholder vote on the future of CEO Gavin Darby later this morning. Plus, Hotel Chocolat Group grows revenues by 12% in the year to 1 July 2018, M&S signs energy supply deal with Octopus, Real Good Foods to raise £1m from investors and all the rest of the latest news from the City.