All Financial Results articles – Page 3
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News
Pets at Home retail sales maintain drag on thriving vet business
The business said it was impacted by subdued growth in the whole pet sector
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News
Tennent’s and Bulmers owner C&C Group back in black as Roger White takes helm
This morning’s annual results are the first for the company under the leadership of former AG Barr boss Roger White, who took the helm in January.
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News
Seabrook owner Calbee ‘disappointed’ by profit slip
Calbee’s profit fall was mainly due to delays expanding its Bradford factory
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News
Yorkshire Tea owner Bettys & Taylors sees sales top £300m for first time
It marks a 40% rise since before the year before the pandemic
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News
Tate & Lyle says ‘transformation complete’ after CP Kelco deal
Tate & Lyle’s acquisition of CP Kelco will boost revenue by about 40%
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News
CBD drinks brand Trip racks up losses amid global expansion
The business, launched by Olivia Ferdi and Dan Khoury in 2019, accumulated losses of £5.6m in the year ended 28 February 2024, according to unaudited accounts filed at Companies House. It comes on top of a similar deficit in the prior year and takes total losses at the business to £13.9m
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News
Poundland cuts profit guidance as sales slump escalates
Efforts to sell the business are still ongoing with a deal expected by the end of September
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News
Filippo Berio sales down in 2024 as olive oil price hikes lingered
The olive oil brand has started to recover in 2025 after sales slumped last year due to record-high retail prices
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News
This improves margins as meat-free brand halves losses
The business has slashed the total number of SKUs produced from 100 to 44 as part of its strategy to become profitable
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News
M&S cyberattack ‘nothing to do with underinvestment’ in tech, says chief
M&S CEO Stuart Machin has said the retailer was ‘unlucky’
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News
Froneri’s ice cream profits hit by factory closure
A wet British summer was also a drag on Froneri’s sales last year
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News
M&S cyberattack to cost £300m as disruption continues until July
The cyberattack, which took place over the Easter weekend, forced M&S halt to online orders and is expected to continue affecting availability until July
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News
Upper Crust owner SSP boosts profits despite geopolitical disruption
The FTSE 250 company said recent geopolitical events had triggered a ‘heightened level of uncertainty’
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News
Cranswick to review animal welfare as it posts record revenues and profits
Cranswick announced the ‘new, fully independent, expert veterinarian review’ this morning as it reported record annual revenues and profits over the past year
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News
Diageo hints at substantial brand disposals to aid cashflow goals
Offloads would go beyond portfolio trimming seen in recent years, CFO Nik Jhangiani revealed
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News
US tariffs to cost Diageo $150m a year
The drinks giant believes it can mitigate about half the impact without price rises
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Comment & Opinion
Tesco 30% share aim puts different complexion on profit warning
The last time Tesco enjoyed 30% share in UK grocery sales was October 2013. Then the wheels came off
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News
Premier Foods eyes M&A push as sales of brands pass £1bn
CEO Alex Whitehouse called the 52 weeks ended 29 March “another strong year” for the group and highlighted further M&A as a central pillar of the growth strategy
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News
M&S cyberattack costing retailer £43m a week in lost sales
The cyberattack’s impact on sales will cut M&S’ full-year 2026 earnings before interest and taxes by around 7%, the Bank of America Global Research report notes
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News
Campari misses sales forecasts on ‘soft’ first quarter trading
Revenues at the Aperol supplier declined by 4.2% to €665.6m in the three months ended 31 March