All Financial Results articles – Page 221
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NewsGreggs raises profit forecast thanks to new product range
Greggs has upped profit expectations for the year as customers responded to the baker’s new coffee blend and healthier sandwich range.
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Analysis & FeaturesOcado can reflect on a solid 2014 but the fireworks are still to come
Ocado’s growth may have slowed a touch in the fourth quarter, but it seems a little churlish to pick holes in solid figures that show the company surviving the current grocery retail chaos and coping with tough comparables.
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NewsOcado's sales growth slows to 14.9% in fourth quarter
Growth at online supermarket Ocado has slowed in the fourth quarter with gross retail sales up 14.9% to £311.4m, compared with a 15.5% boost during the previous three months.
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Analysis & FeaturesGlanbia bulks up for 2015 growth
This week Irish food group Glanbia was selected as one of Jefferies’ top 15 top buy-rated stocks primed for growth 2015…
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NewsAfrican troubles lead to first half PZ Cussons profits drop
PZ Cussons saw a 4% drop in first half profits, driven by “challenging trading conditions” in Africa and the devaluation of the Nigerian Naira.
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Analysis & FeaturesMargin resets and junk status looming: analysts' views of Tesco
We look at analysts’ reaction to Tesco’s latest profits warning and where this leaves Dave Lewis’ plans to turn around the ailing grocery giant as we head into 2015.
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News
Waitrose 'likely' to sever ties with Ocado, say analysts
Waitrose is “more likely than not” to sever its partnership with Ocado, with its notice to end the agreement…
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Analysis & FeaturesSoft drinks slowdown: poor weather or price war?
Last week it was Britvic, now it’s AG Barr talking of a second half slowdown in the UK soft drinks market.
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NewsLosses escalate at Tesco-backed Harris + Hoole
Annual losses at Tesco-backed coffee chain Harris + Hoole have widened to £12.8m as it counts the cost of its rapid expansion plans.
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Analysis & FeaturesMcColl's reports solid numbers but investors want more
When McColl’s floated in February it was one of the few early year IPOs that did not garner a euphoric reception. Despite its solid full-year sales this morning, wary investors will be feeling vindicated by their caution.
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Analysis & Features2015 could be the year Ocado goes international
After a catastrophic late summer share price fall, Ocado has been quietly recovering ground in November.
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NewsPayPoint plans to roll-out retail technology after revenue hike
Payment technologies business PayPoint believes the company can tap into iBeacon to the benefit of its retail customers.
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NewsPoundland on the expansion trail after 15% first half sales growth
Poundland has has given a further indication of the enduring strength of the discount sector with a strong set of half-year results.
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Analysis & FeaturesBritvic investors left with sour taste as growth goes decidedly flat
Britvic has been one of the 2014 stars of the UK-listed food and drink sector so far this year, defying the chaotic grocery retail conditions to post revenue increases and share price growth.
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NewsProfits up 18% at Britvic as UK competition intensifies
Shares in drinks maker Britvic fell this morning despite it exceeding full-year profit forecasts as it warned 2015 revenue growth would be constrained by fierce competition.
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NewsGreencore benefits from double-digit food-to-go growth
Greencore has posted a 7.4% like-for-like full-year revenue increase on booming food-to-go sales after a period of significant strategic change.
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Analysis & FeaturesCranswick shows strategic investment can pay off despite food retail woes
Meat producer Cranswick admitted today it was feeling the effects of changing consumer shopping habits and the rise of the discounters and convenience stores – but its share price is currently 28% up year-on-year and rose another 5.4% today after solid first half results.
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Analysis & FeaturesCould the big four become the big three?
Goldman Sachs’ contention that the supermarkets needed to cut 20% of retail space created plenty of headlines this week, but the bank’s suggestion that the industry could be ripe for consolidation went almost unnoticed.
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Analysis & FeaturesBig four supermarkets dive to deepest rate of deflation yet
Food prices hit new lows last month as the big four supermarkets experienced the highest rate of deflation to date…
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NewsPomeGreat returns to 'core values' after disastrous rebrand
PomeGreat boss Adam Pritchard has admitted he got it “spectacularly” wrong after a revamp…