All Financial Results articles – Page 48
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NewsPilgrim’s UK hails bounceback as losses shrink
The pork giant saw operating losses fall from £16m in 2021 to £2.26m last year, its latest accounts have shown
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NewsCity snapshot: Tesco raises profit guidance after “strong” first half
Tesco has lifted its outlook for the year as revenues and profits jumped in the first half, with CEO Ken Murphy expecting food inflation to continue to slow over the coming months.
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NewsCity snapshot: Greggs sales growth tops 20% as evening shoppers boost trading
Sales are continuing to boom at food-to-go stalwart Greggs as new openings and increased customer visits boosted third quarter revenues
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NewsLittle Moons’ meteoric rise continues as it plans new UK factory
Mochi ice cream pioneer Little Moons is to open a new factory to meet booming global demand after more than doubling sales last year
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NewsCity news: AG Barr boosted by revenue growth and Boost acquisition
Acquisitions and organic revenue growth helped AG Barr boost its first-half revenues by a third, but profits were hit by a rise in lower-margin sales and soaring costs.
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NewsCity snapshot: East Imperial hit by production halt amid funding delay
Premium mixers supplier East Imperial saw second quarter revenues hit by funding delays to reduce overall first half revenues despite strong first quarter growth
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsCity snapshot: Diageo remains on course despite cost pressures and economic uncertainties
Diageo said this morning it would ‘move with speed and agility and continue to invest in marketing and innovation’
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NewsDavid Potts steps down at Morrisons as Carrefour chief is named new CEO
US owners Clayton Dubilier & Rice (CD&R) revealed it had appointed Rami Baitiéh, formerly chief executive of Carrefour France, as its new boss
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NewsPaper products supplier Accrol sees volumes rise 7.7% on own label growth
In its latest annual results, dated to 30 April 2023, revenues rocketed 52% to £241.9m
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NewsCity snapshot: Chapel Down posts strong and profitable first half growth
England’s largest winemaker Chapel Down has posted first half growth of 21% amid strong domestic sales for English sparkling wine and increased exports
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NewsCity snapshot: AG Barr revenues jump but profits hit by cost inflation
Acquisitions and organic revenue growth helped AG Barr grow first half revenues by a third, but profits were hit by lower margin business and soaring costs. Plus trading updates from PZ Cussons, Finsbury Food Group and Supreme
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NewsAldi latest supermarket to give workers body cameras
The trial of the technology was revealed by Aldi UK & Ireland CEO Giles Hurley as he announced the discounter’s annual results
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NewsCity snapshot: Cash-strapped shoppers drive record sales at Aldi
Aldi has boosted sales to a record high as the cost-of-living crisis pushed more shoppers through the doors of the discounters.
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NewsCity News: Naked Wines shares plunge on £15m loss
Naked Wines shares plunged to new multi-year lows this week after it fell to a £15m loss and downgraded earnings expectations amid a “slower than expected” start to its trading year
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Analysis & FeaturesFmcg’s global giants see record growth in OC&C Global 50 report
The world’s largest consumer goods companies surged to their highest growth in a decade last year, driven by soaring prices and solid sales volumes
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NewsCo-op Food MD Matt Hood vows to put more pressure on police over shoplifting
Co-op Food like-for-like sales were up 4% in the first of 2023 – but ‘leakage costs’ came to about £33m
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NewsCity News: Fever-Tree enjoys US boost but UK sales fall flat
Fever-Tree shares this week have been quite mixed following a sharp drop in profits as UK sales fell flat
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NewsLidl posts £76m loss after low price investment
Despite revenues climbing 18.8% to £9.3bn, the discounter made a loss before tax of £75.9m in the 52 weeks to 28 February 2023
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Comment & OpinionFrom Lidl to Waitrose, it’s hard to find a grocery retailer making it look easy
Investment and debt are two sides of the same coin