All Financial Results articles – Page 53
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NewsCity snapshot: PayPoint profits at top end of expectations after ‘positive’ year
Payments specialist PayPoint has grown revenues by £10m last year and said profits will be at the top end of expectations
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NewsCity snapshot: Rémy Cointreau reports profits rise but warns of US slowdown
Rémy Cointreau has reported a double-digit jump in sale and profits last year, but warned sales growth will be wiped out in the current financial year by a sharp slowdown of consumption in the US
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NewsCity snapshot: B&M boosted by price-conscious shoppers
Revenues at B&M have jumped 6.6% to £5bn as cost-conscious shoppers turned to discounters to help manage the cost-of-living crisis. Plus, the latest NIQ supermarket till roll data, and trading updates from WH Smith and Bakkavor.
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NewsReduced shopper spending power hits sales at Spar retailer
The multi-site retailer said it had been exposed to ’the downturn in spending power’ among shoppers in the north west of England
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NewsBettys & Taylors hit by soaring tea and coffee supply costs
Yorkshire Tea supplier Bettys & Taylors recorded a slowdown in growth last year and profits hit by soaring costs in its tea and coffee supply chain
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NewsM&S impresses City as ‘longest’ turnaround gathers momentum
Marks & Spencer shares jumped to 15-month highs this week on evidence it is finally emerging from what has been dubbed the ’longest turnaround in corporate history’
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Comment & OpinionWhy is the Ocado and M&S joint venture still struggling on collaboration?
Nothing sums the lack of collaboration up more than the marketing
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NewsCity snapshot: Pets at Home posts record sales but margins shrink
Retail group Pets at Home posted record revenues of more than £1.4bn last year, but margins were hit by rising costs and energy prices. Plus trading updates from Fever-Tree and Tate & Lyle
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NewsNo sign of ‘greedflation’ in food supply chain, says M&S chief
Stuart Machin’s claim comes as ministers pile pressure on the sector to reign in food price inflation
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NewsCity snapshot: M&S food and clothing profits decline
Marks & Spencer has taken a hit on margins as it invested in keeping its food and clothing prices competitive. Plus, food prices remain near 45-year highs, and C&C Group reports annual results.
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NewsCity snapshot: Wincanton posts record underlying profits
Wincanton has lifted underlying profits to record levels despite pressure on consumer spending depressing volumes at the logistics group.
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NewsPremier Foods shares surge following upgrade to expectations
Premier Foods shares surged to 12-year highs this week after the ambient supplier beat upgraded expectations
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NewsCity snapshot: C&C Group CEO steps down amid €25m hit from software upgrade
C&C Group has announced a change in leadership as it revealed to the City it faces a €25m charge associated with a problematic upgrade of its software for its distribution operations
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NewsCity snapshot: Premier Foods profits beat expectations
Premier Foods has posted double-digit annual growth in sales and trading profits as price rises and cost savings mitigated ’exceptionally high’ input cost inflation
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NewsHigh interest rates take a slice off British Land's portfolio value
The UK’s largest owner and operator of retail parks saw its portfolio fall 12.3% in value to £8.9bn
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NewsPricecheck reports double digit growth for second year running
Pricecheck said that its core delivered wholesale offering remained the biggest contributor to turnover
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NewsCity snapshot: Britvic profit rises following pricing hikes
Robinsons owner Britvic has posted a double-digit rise in profits in the first half, as margins improved on pricing growth and a reduction of marketing spend
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NewsSymington’s profits increase despite drop in sales
The food group’s profits rose in its first full year under ownership of Newlat as it reduced ranges to focus on profitable categories
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Comment & OpinionIn a difficult week for supermarket chairs Sharon White is safe for now
The JLP chairman comfortably survived a vote of confidence but she cannot afford to relax
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NewsCompass Group bolstered by resurgent leisure and tourism markets
Workers returning to the office and resurgent leisure and tourism bolstered the first-half profits and share price of catering giant Compass Group