All Financial Results articles – Page 47
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NewsFramptons back in profit 18 months after £5m cash injection
Plant-based co-packer Framptons has completed a remarkable turnaround by returning to profit less than 18 months after it sought a £5m cash injection to ensure its survival
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NewsAlt-meat brand This losses continue as it pushes for profitability
Alt-meat producer This has reiterated its plan to hit profitability this year after failing to stem widening losses in its latest accounts
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News‘Back to the future’ as volumes fall at big 50
Volumes at the world’s largest consumer packaged goods companies tumbled for the first time in a decade last year as battered consumers sought out cheaper options in the face of constant price increases
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NewsTesco shares race higher on profits upgrade and healthy dividends
Tesco increased group revenues 3.5% to £31.5bn in the 26 weeks ended 24 August
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NewsBart Ingredients improves losses as price rises pass through to retailers
Inflation has proved tough on the herbs and spices manufacturer, which made a second consecutive loss in 2023
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NewsKen Murphy ‘betting on’ bumper Christmas for Tesco as Finest sales surge
Tesco said sales grew by 4% to £31.5bn over the 26 weeks to 24 August, compared with the same period last year
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NewsCity snapshot: Tesco raises profit expectations on strong first half
Tesco has upgraded profit forecasts for the year after boosting volumes by more than expected in the first half. Plus, a Q4 trading update from SSP Group
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NewsMindful Chef narrows losses as it withdraws from retail
The meal kit provider was forced to radically trim costs last year ‘to align to the lower turnover levels’
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NewsBooths hails ‘solid’ performance after customer investment pays off
Results were helped by ‘record’ Christmas sales and Booths’ investment in stores
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NewsCity snapshot: Record sales as Shepherd Neame shifts focus away from off-trade
Britain’s oldest brewer Shepherd Neame has posted record revenues and a “good” uplift in profit as it pivoted away from the off-trade to focus on its pubs.
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NewsFilippo Berio volumes hit by spike in olive oil prices
Filippo Berio has marked another “challenging year” as record olive oil inflation continues to weigh on profits
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NewsFentimans sinks into the red as sales lose fizz
The group swung from a £610k profit to pre-tax losses of £656k in the year ended 31 December 2023 as revenues sank 7.6% to £39m
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Analysis & FeaturesWho holds the power in UK dairy?
UK dairy has become ‘more polarised towards the bigger players’ over the past five years. Here’s a look at the 15 biggest and how they’ve risen to the top
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NewsAG Barr shares lose fizz despite Irn-Bru and Rubicon owner outperforming soft drinks market
AG Barr shares lost ground this week despite the Irn-Bru supplier reporting a strong set of first-half results in a challenging soft drinks market
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NewsMorrisons makes turnaround headway but sales growth slows in Q3
Like-for-like sales growth has slowed at Morrisons in a ’noticeably softer’ third quarter as new CEO Rami Baitiéh continued his turnaround efforts
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NewsVita Coco credits emerging ‘natural hydration’ trend for double digit sales growth
Sales of Vita Coco in the UK were up by 23% in 2023
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NewsScotmid Co-op enjoys 40% surge in trading profit to £2.1m
During the six months to 27 July, Scotmid also reported an almost 1% rise in turnover to £214m
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NewsHenderson Retail sees turnover jump 7.6% to £614.9m
The Spar retailer, which owns 100 supermarket, convenience, and forecourt stores across Northern Ireland, said its turnover was driven by strong grocery sales
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NewsCity snapshot: Co-op turnaround strategy gains momentum in first half
Co-op has returned to the black as it boosted food sales and grew membership numbers by almost a million year on year. Plus, Kitwave has acquired family-owned food wholesaler Creed Catering Supplies in a £70m deal
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NewsQuorn parent Marlow Foods restructures as losses race past £60m amid plant-based slump
Losses have raced to more than £60m at Marlow Foods as the owner of Quorn and Cauldron continued to restructure the business amid a further deterioration in the meat alternatives market