All Financial Results articles – Page 16
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News
Compass Group bolstered by resurgent leisure and tourism markets
Workers returning to the office and resurgent leisure and tourism bolstered the first-half profits and share price of catering giant Compass Group
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News
Trewithen Dairy slides into the red amid production cost hike
The supplier enjoyed a £10m increase in sales but has faced significant hikes in input costs
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News
Nomad Foods raises earnings expectations on price-driven growth
Frozen specialist Nomad Foods has nudged up its full-year earnings expectations after double-digit price hikes bolstered first quarter earnings
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News
City snapshot: Compass lifts full-year profit outlook as pandemic recovery continues in first half
Workers returning to the office have helped Compass boost first-half profits past £1bn as the catering giant continued its recovery from the pandemic
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News
Oatly hires new CEO to take over from Toni Petersson
Oatly has appointed a new CEO following a difficult two years since the alternative milk brand’s IPO
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News
Heck reduces range to focus on core, profitable lines
The group has dialled back its category expansion ambitions after falling to a loss last year
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News
Kraft Heinz raises earnings expectations following price hikes
Price hikes have driven strong growth in first-quarter sales and helped to expand margins
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News
Sainsbury’s beats market expectations but pledges continued price investment
Sainsbury’s annual profits beat market expectations and its outlook was rosier than City watchers had feared. However, shares fell on Thursday as the supermarket warned it would continue to invest in price to maintain market share.
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Analysis and Features
How falling real estate store values are hitting supermarkets
Falling property values are dragging on retailers’ results, potentially affecting their ability to borrow or invest. How are they responding?
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News
City snapshot: Sainsbury’s profits slide as retail margins contract
Sainsbury’s has reported lower annual profits despite an inflation-driven 5.3% in sales. Plus trading updates from Unilever, Carlsberg, Hotel Chocolat and more
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News
Grosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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News
Coke bottler CCEP to continue raising prices despite easing inflation
Coca-Cola Europacific Partners has said it will continue to take action on pricing in 2023 despite double-digit price increases in the first quarter
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News
Ornua profits fall despite strong turnover growth
The Irish dairy co-op and Kerrygold owner saw turnover grow by €918.3m to €3.4bn in 2022
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News
City snapshot: Reckitt Benckiser reveals new CEO as it beats Q1 expectations
Reckitt Benckiser has appointed a new CEO to take over from interim boss Nicandro Durante, while revealing a strong start to the year
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News
Huel suffers £10m loss despite sales growth
Losses topped £10m at meal replacement brand Huel last year despite surging sales growth
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News
City News: THG investors buoyed by possible takeover as losses deepen
Long-suffering THG investors were buoyed by news of another suitor exploring taking the beleaguered group back private, but enthusiasm was dented by heavier-than-expected annual losses just a day later
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News
Halewood losses hiked by cost of moving JJ Whitley out of Russia
The costs covered repurposing its distillery in Chorley and seeking new glass suppliers amid international shortages
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News
Cook reports Easter sales up by 24% year on year
Sales at Cook’s 96 retail shops increased by 31% over the two-week period before and after Easter
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News
City snapshot: Travel rebound boosts WH Smith sales and profits
A strong rebound in UK and international travel has boosted first-half sales at retail group WH Smith, which plans to open 120 more travel stores to tap this growth
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News
City snapshot: Food prices race to 45-year high to keep UK inflation higher than hoped
Soaring food prices have contributed to a higher-than-expected inflation rate in March, according to the latest government figures. Plus, Heineken and Just Eat Takeaway report first quarter results, while Cake Box issues a full-year trading update.