All Financial Results articles – Page 224
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NewsTesco results: what the analysts say
We round up reaction to Tesco’s interim results and the findings of its accountancy investigation.
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NewsTesco confirms profit hole of £263m
The black hole in Tesco’s finances was even worse than expected and “similar practices” have been going on in previous reporting periods, the Deloitte investigation into the retailer has found.
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NewsBAT cigarette volumes decline in 'challenging' market
British American Tobacco has reported a small fall in cigarette volumes in the first nine months of the year as its headline revenues were hit by currency movements.
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Analysis & FeaturesTesco facing a marathon not a sprint as titanic Thursday looms
The anticipation around Thursday’s half-year announcement from Tesco shouldn’t overshadow the importance of taking a long-term view.
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NewsFour new Booker Makro dual format C&C depots on the way
Booker is rolling out its new Booker/Makro combined format to four new depots over the next few months…
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NewsWarren Buffett’s Berkshire Hathaway slashes Tesco stake
Warren Buffett’s Berkshire Hathaway has slashed its interest in Tesco, reducing its stakeholding below 3%.
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Analysis & FeaturesThere's more to WH Smith's profit growth than cost cutting
WH Smith seems to be doing its best to disprove the theory that a business can’t cut its way to success.
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NewsNestlé sales punished by negative exchange rates
Swiss food group Nestlé recorded a 3.1% fall in sales in the first nine months of the year, as it was hit by negative foreign exchange rates.
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NewsDiageo sales drop 1.5% in first quarter
Uncertainty arising from the Ukraine crisis and weak consumer confidence has hit Diageo’s sales in Russia and Eastern Europe.
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NewsWH Smith enjoys full-year profit boost despite falling sales
WH Smith shares jumped by 3.5% in early trading after the newsagent group posted an 8% increase in full-year pre-tax profit.
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Analysis & FeaturesDanone's headline growth hides worrying trends
Danone’s 6.9% like-for-like third-quarter growth reported this morning comfortably beat expectations, but the headline figure potentially hides some more worrying trends.
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NewsHome Bargains owner TJ Morris boosts revenues by 21%
TJ Morris, which trades as Home Bargains with more than 320 stores, is on track to achieve its stated aim of at least 700 stores within five years.
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NewsDanone's sales boosted by recovery in baby foods
Danone’s sales rose 6.9% on a like-for-like basis in the third quarter, driven by strong sales growth in baby food.
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NewsSABMiller’s volumes dip on Australia and China weakness
Global brewer SABMiller announced a 1% dip in second-quarter beverage volumes after a marked slowdown of beer sales in Asia Pacific.
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Analysis & FeaturesOverall picture for Thorntons not as gloomy as sales plunge suggests
Thorntons’ shares plunged by as much as 12.5% today after it announced a double-digit first-quarter sales fall – but those looking at the longer term might find more reason for cheer.
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NewsThorntons reports double-digit sales fall in first quarter
Thorntons has seen a 11.9% first quarter sales fall as its shift to an fmcg-focussed business causes fluctuations in quarterly sales.
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NewsGarden centre acquisition hits Roys of Wroxham profits
Investment in new technology and improvements to stores layout contributed to an almost 40% fall in profits at Roys of Wro…
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NewsReady meals specialist Bigham's doubles its retail sales
Upmarket ready meals specialist Charlie Bigham’s almost doubled its sales last year as it scaled up investment…
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Analysis & FeaturesAsda's profits may be strong but it is not immune to changing market
Companies House figures for Asda today showed the supermarket’s operating profits up by 18% to almost £1bn last year.
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NewsAsda’s operating profit rockets by 18.3% in 2013
Asda saw a significant profit hike last year despite losing market share, new accounts in Companies House reveal.