All Financial Results articles – Page 19
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NewsInspired Pet Nutrition confident after transformative Butcher’s deal despite widening losses
Losses have widened at Inspired Pet Nutrition ahead of the transformative acquisition by the private equity-owned petfood group of Butcher’s Pet Care
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NewsCity snapshot: Eagle Eye confident of hitting £100m revenue goal
Eagle Eye is aiming to propel revenues towards £100m following a reset of the business to focus more on its software as a service operation
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NewsAsda’s Allan Leighton axes 6,000 SKUs and warns of major profit drop
Executive chairman Allan Leighton said Asda planned to slash thousands of SKUs
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NewsDeliveroo shares stall despite first-ever profit for food delivery group
Deliveroo’s share price fell by as much as 8% as the group pushing back its earnings target despite making it’s first-ever profit
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NewsWaitrose has ‘turned the dial’ on recent struggles, after ‘transformed’ annual results
‘We are transforming the profitability of the Waitrose business,’ declared Waitrose executive director James Bailey, after the John Lewis Partnership’s annual results
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NewsBidfood sees profits fall as revenues rise amid ‘operation costs pressure’
Bidfood’s revenue growth in the year to 30 June 2024 was thanks to ‘strong trading and continued food inflation’, the accounts said
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NewsCity snapshot: John Lewis scraps bonus as Deliveroo records first ever profit
The retailer scrapped the bonus for the third year in a row despite tripling its annual profits. Also, Deliveroo goes into the black for the first time
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NewsC&C Group blames budget and ‘softer trading’ for earnings miss
C&C said the trading environment and October budget had placed additional pressure on hospitality and impacted consumer confidence
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NewsStaff miss out on bonus as profits triple at John Lewis Partnership
Profits have tripled at the John Lewis Partnership as the retail group made ‘solid’ progress on its turnaround but staff still missed out on a bonus for the third year in a row
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NewsDeliveroo records first-ever annual profit
Deliveroo co-founder and CEO Will Shu said the results show the company’s ‘strategy is working’
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NewsJollyes falls into the red after Asda owner buyout but sales growth remains healthy
Asda owner TDR Capital bought a majority stake in pet retailer Jolleys last year
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NewsCity snapshot: Cake Box to buy Ambala Foods with £7m of new shares
Ambala is a family-run manufacturer and retailer of Asian sweets. Also, Applied Nutrition announces joint business plan with Holland & Barrett
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NewsVimto eyes breakfast space to help fulfil growth ambitions
Owner Nichols is aiming to grow revenue by 30% over the next five years
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NewsCity snapshot: Vimto and Domino’s both deliver profits boost
Vimto owner Nichols saw profits jump after it switched to a higher-margin model in Africa. Domino’s profits grew but its situation remains sticky
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NewsVimto owner Nichols sees profits leap after African strategy shift
Nichols said it is switching to selling higher-margin concentrate in its African markets
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NewsGreggs shares sink on news of more flakey growth
Greggs took a hammering on the markets this week as investors were alarmed at the high street bakery chain’s continued slowdown in sales
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NewsPukka Pies profits decline amid attempted £100m sell-off
Pukka kicked off a process to potentially sell the business early last year
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NewsCity snapshot: Reckitt Benckiser shares down 2% after annual results
Reckitt Benckiser saw revenue and profit both fall last year as it looks to gather momentum with its turnaround. Also, Barry Williams is made permanent MD of Poundland
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NewsRadnor Hills doubles profits after convenience launch
Radnor Splash launched a new range this month to try and boost its presence in convenience stores
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NewsReckitt Benckiser sees sales and profits fall amid turnaround
Reckitt Benckiser’s shares hit an 11-year low in July but a turnaround strategy in the summer has seen it regain momentum