All Financial Results articles – Page 223
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NewsToday in the City - 6 November
Morrisons and Tate & Lyle issue trading updates and Dairy Crest sells its milk business
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NewsTate & Lyle first half profits collapse by 40%
Tate & Lyle today laid bare the effects of its supply chain disruption and the increased sucralose market competition as its half-year pre-tax profit plunged by 40%.
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NewsMorrisons 'encouraged' despite 6.3% fall in like-for-like sales
Morrisons chief executive Dalton Philips said he was encouraged by the retailer’s strategic progress despite recording a 6.3% fall in like-for-like sales in the third quarter
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NewsM&S accelerating Simply Food openings as food sales rise 3.6%
M&S is accelerating its Simply Food store opening programme, adding an extra 50 stores to add to the 150 it outlined as part of a three-year plan to 2016 last year.
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Analysis & FeaturesReasons for optimism over ABF's grocery performance despite sugar troubles
Associated British Foods’ earnings announcements have followed a similar pattern of late - Primark good, sugar bad.
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NewsBooming Primark sales mask sugar woes at Associated British Foods
Associated British Foods recorded a 3% decline in reported annual revenues as a 16% boost to Primark’s sales was pegged back by continued weakness in its sugar division.
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NewsTesco teeters on junk status as Morrisons rated 'better risk'
Morrisons is a more financially sound business than Tesco with a more coherent turnaround strategy…
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Analysis & FeaturesM&A may be brewers' easiest route to growth
AB InBev’s third quarter figures came in well below expectations today – illustrating the mounting challenge for global fmcg companies to sustain growth.
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NewsAB InBev hit by slowdowns in US, Russia and China
Global brewing group AB InBev posted below expectation growth this morning, with third quarter revenue rising by 2.3% as overall beer volumes fell thanks to a slowdown in US and China.
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Analysis & FeaturesAlcohol sales: Smirnoff now UK's fastest growing booze brand
Smirnoff has struck gold. Thanks to premium brand extensions featuring gold leaf and a move into frozen cocktails the vodka brand has become Britain’s fastest growing booze brand…
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NewsCook expanding following double-digit growth last year
Frozen ready meals producer and retailer Cook has embarked on an ambitious new expansion phase after posting double-digit sales growth last year.
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Analysis & FeaturesChange in the air for C&C Group whatever happens to Spirit bid
C&C Group caused a stir last week when news broke of its potentially transformative bid for Spirit Pub Company – its first half results this morning were a source of considerably less excitement.
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NewsC&C Group’s profits hit by slowdown in England and the US
Drinks manufacturer C&C Group reported a 2.7% fall in first half operating profit as warned of “intensively competitive trading” in England and Wales and a “disappointing” performance in the US.
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Analysis & FeaturesGloomy predications for European tobacco market
Profits are set to plunge in the European Tobacco Industry as cigarette-makers struggle against the long-term decline in sales volumes.
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NewsBooths sales and profits in growth as it targets expansion
Booths has overcome food deflation and tough promoting in the market to post sales and profit growth.
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Analysis & FeaturesCity news: sheer scale of Tesco's problems sends shares plummeting
Everyone knew Tesco’s day of reckoning would be bad, but the sheer scale of the problems afflicting the UK’s biggest super…
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NewsBritvic blames poor summer weather for Q4 sales drop
Poor summer weather squeezed performance of Britvic soft drinks in European markets in the fourth quarter, the company has reported in a trading update.
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NewsUnilever's third quarter revenues hit by currency headwinds
Unilever has reported third quarter underlying sales growth of 2.1%, but foods remained the group’s worst performing category.
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NewsPremier Foods dampens profit expectations as Q3 sales fall 4.7%
Premier Foods has reported a 4.7% drop in third quarter underlying sales and said its full year profit will be at the lower end of expectations.
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NewsTesco boss Lewis sets out three-pronged turnaround plan
Embattled Tesco boss Dave Lewis Dave today set out a three-pronged strategy to rescue the crisis-hit giant.