All Financial Results articles – Page 22
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NewsBritish American Tobacco puts aside £6bn for Canadian lawsuit
A Quebec court ordered tobacco companies to compensate smokers for health problems
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NewsNestlé makes ‘solid’ progress on turnaround journey
Nestlé has hailed a “solid” performance in 2024, with slightly better-than-expected sales growth in the final quarter as the Kit Kat and Nescafé owner hiked the price of coffee and chocolate amid surging commodity costs
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NewsMedia Bites 13 February: Coca-Cola/plastic, Heineken, Kraft Heinz
On a fairly quiet news day, Coca-Cola has said it may have to increase its use of plastic in the US
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NewsUnilever to list ice cream business in London, New York and Amsterdam
Unilever said the separation was on track to complete by the end of 2025
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NewsOatly upbeat on profitability despite missed targets
Oatly has executed a significant transformation in the past two years
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NewsJoe & Seph’s losses bulge in post-pandemic evolution
The gourmet popcorn maker said it is now back in the black and forecasting sales to grow over 20% next year
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NewsCity snapshot: Heineken reassures investors with strong results
Heineken says it is set for growth this year after beating its own profit growth guidance in 2024 thanks to a boost in beer sales. Also, Ella Mills buys Allplants brand from administration
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NewsHeineken beats profit forecasts as beer sales pick up
The world’s second-largest brewer saw beer sales return to growth having taken a hit the year before
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NewsCoca-Cola beats estimates as global demand rises
Its rival PepsiCo posted its third consecutive quarter of missed revenue forecasts last week
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NewsHain Celestial cuts forecasts after another poor quarter
Hain is now exploring a sale of its personal care business, made up of brands including Avalon Organics and Alba Botanica
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NewsCity snapshot: PZ Cussons shares up 11% despite profit plunge
The owner of Carex and Imperial Leather saw pre-tax profits fall 24% due to a huge depreciation in the Nigerian naira. Also, shoppers are trading down into own label ahead of more anticipated price hikes
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NewsPZ Cussons offers signs of hope amid Nigerian damage
After an eye-watering slide for the Nigerian naira, the currency is now enjoying a run of relative stability
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NewsKellanova’s profits surge ahead of Mars takeover
Mars’s takeover is imminent after the deal was approved by Kellanova’s shareholders
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Comment & OpinionSpirit giants Diageo and Pernod Ricard show ‘challenging’ is the new normal
Spirits giants Diageo and Pernod Ricard have both said they can no longer rely on previously outlined sales guidance
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NewsDiageo share price hangover drags on as tariff threat looms
Diageo gave a sobering read on Donald Trump’s burgeoning tariff war this week, blaming the White House for threatening to derail its recovery from a protracted post-Covid hangover
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NewsRiverford Organic Farmers doubles profits as Brits demand sustainable veg
The veg box company grew turnover 11% back to its Covid high water mark
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NewsCarlsberg grows top and bottom line despite volume softness
Sales slowed significantly in the second half of the year, however
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NewsAsda must restore revenue growth to avoid credit derating, Moody’s warns
Chairman Allan Leighton must fix the operational issues plaguing the chain in the coming months to avoid any further declines in its credit rating
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NewsMondelez expects drop in earnings due to ‘unprecedented’ cocoa costs
The chocolate maker’s share price is down almost 30% over the past year
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NewsTony’s Chocolonely sales hit €200m but losses mount due to record cocoa prices
The strong growth came amid a tumultuous year for chocolate makers as cocoa prices hit record highs