All Financial Results articles – Page 226
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NewsTesco admits McIlwee not in charge of finance for five months
Tesco faced yet more questions over its financial management today after it admitted it had effectively been without a director in charge of finance for the past five months.
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NewsGrocery market growth at record low as Tesco and Sainsbury's take a hit
Overall grocery market growth has slowed to a record low of just 0.3% as inflation fell to zero according to the latest Kantar Worldpanel market share figures for the 12 weeks to 14 September.
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NewsPZ Cussons shrugs off Nigerian market disruption
St Tropez brand ambassador Kate Moss helped give PZ Cussons a healthy glow in its most recent quarter despite tough UK trading conditions and disruption in its African markets.
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NewsAG Barr signs Snapple distribution deal after strong first half
Irn-Bru manufacturer AG Barr has posted a near 15% jump in first half pre-tax profits and announced a 10-year deal to distribute the Snapple brand in the UK.
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Analysis & FeaturesTesco: the key questions surrounding its £250m profit shock
The Grocer looks at the big questions facing Tesco after its £250m profit overstatement and what happens next for the beleaguered supermarket.
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NewsTesco shock profit warning: the City reacts
Tesco shocked the City today by announcing it had discovered it had overstated its profits by £250m. Here’s our round-up of how leading City and industry analysts reacted to the news.
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NewsTesco admits a £250m overstatement of profits
Tesco has stunned the city this morning by admitting that it may have overstated its profits for the half year by as much as £250m.
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NewsRobin Terrell to lead Tesco UK as investigation into £250m profit hole kicks off
Tesco head of online operations Robin Terrell is to lead the retailer’s UK business as it kicks off an urgent investigation into how its half-year profit guidance ended up being overstated by £250m.
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NewsFinsbury Food set to drive growth through acquisitions
Cakes and baked goods supplier Finsbury Food Group has revealed it is looking to double in size through acquisitions.
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NewsDairy Crest to close two sites amid 'challenging' market conditions but profits on track
Dairy Crest has announced plans to close two of its sites – with the potential loss of 260 jobs – as it warned about growing pressure from falling retail milk prices and “extremely volatile” dairy commodities markets.
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Analysis & FeaturesBooker could benefit from tempting customers into impulse buys
New research suggests there are a number of key opportunities in the wholesale sector for Booker to tap
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Analysis & FeaturesWill investors buy into Premier Foods' transformation?
Departing Premier Foods commercial director Ian Deste proclaimed that the “turnaround phase is complete” and the “transformational phase” has begun after this week’s restructure.
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Analysis & FeaturesWinners and losers from Horsegate begin to emerge
There’s little doubt that Horsegate was the major food story of 2013, but so far there has been little concrete evidence the horsemeat scandal had much of an impact on the meat industry’s bottom line.
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NewsHovis sales back on uphill trend after split from Premier
Hovis – which lost £56m in retail sales last year – has returned to growth…
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Analysis & FeaturesOcado bullish as it chases first full-year profit
Ocado is on track to turn a profit this year, chief financial officer Duncan Tatton-Brown reaffirmed today, as the online retailer reported Q3 sales up 15.5% to £218.5m.
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Comment & OpinionMorrisons sales slump hides a silver lining
Morrisons’ interim results weren’t great. So why are some industry watchers seeing a light at the end of the tunnel for the supermarket?
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NewsMorrisons honours dividend pledge despite plummeting profits
Morrisons’ underlying profits before tax plunged 51% to £181m in the six months to 3 August…
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NewsMorrisons’ profits plunge in first half as price war eats margin
Morrisons’ underlying profits before tax fell 51% to £181m in the six months to 3 August on the back of the retailer’s price-cutting strategy, while like-for-like sales fell 7.4%.
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NewsWaitrose profits fall as store investment soars
Waitrose’s operating profit plunged by 9.4% during the first half despite rising sales.
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NewsGlorious! soup-maker TSC Foods Group in 36% profit boost
TSC Foods Group saw a 36% boost to pre-tax profit in the year before it was bought by The Billington Group…