All Financial Results articles – Page 53
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NewsCity news: M&S delights investors as turnaround finally takes hold
Investors lapped up declarations from Stuart Machin of Marks & Spencer entering a new era as a hard-fought and long-awaited turnaround started to bear fruit
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NewsPoundland first half performance ‘behind expectations’
The variety discounter’s like for like sales were down by 0.7% in the six months ended 31 March, according to a trading update from parent Pepco Group
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NewsCity snapshot: ‘Robust’ year for Tate & Lyle as it completes transformation with $350m sale of Primient
Tate & Lyle has completed its transformation to become a growth-focused speciality food and beverage ingredients business with the sale of its remaining interest in Primient for $350m. Plus, full-year results from Tate & Lyle, a Q1 update from Bakkavor, Coca-Cola Europacific Partners appoints CFO and Gusbourne publishes annual results
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NewsYorkshire Tea grabs highest-ever share of black tea category as Bettys & Taylors profits soar
Hot drinks supplier Bettys & Taylors has returned to double-digit sales growth, pushing revenues close to £300m as Yorkshire Tea extended its number-one position in the UK black tea market
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Comment & OpinionM&S finally puts turnaround doubts to bed with ‘glittering results’
The business is being hailed as the UK’s new ‘retail champion’
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NewsKay Group turnover rises 11% to over £200m
With the addition of the two new sites, employee numbers increased to 287, resulting in an increase in staff costs from £4m to £6.9m
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NewsM&S chief adamant final joint venture payment is not owed to Ocado
It could put the two on course for a legal showdown
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NewsCity snapshot: New beginnings for M&S as profits soar
Marks & Spencer has declared the start of a new era as its turnaround plan delivered bumper profits and sales growth. Plus, UK inflation falls to “normal” levels and losses widen at brewer Adnams
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NewsCity snapshot: Demand for chicken and pork boosts Cranswick
Meat processor Cranswick has hailed a year of “strong” financial progress as demand for chicken and pork recovered. Plus, the latest Kantar grocery market share data, first-half results for Greencore and SSP, and a trading update from Naked Wines
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NewsCity snapshot: Volumes rise at Hilton thanks to good Easter trading
Meat and fish processor Hilton Food Group has benefitted from a “strong” Easter in the UK and Ireland, pushing volumes and revenues higher in 2024
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NewsCity News: Britvic enjoys double-digit share boost as volumes increase
Robinsons supplier Britvic enjoyed a double-digit boost to its share prices this week
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NewsPremier Foods hails volume growth return
Premier Foods has returned to volume growth and pricing stability, and is now mooting M&A to further boost its branded portfolio
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NewsAsda finance chief insists Aldi and Lidl price matching is working despite market share losses
Michael Gleeson defended the price matching initiative as Asda made a quarter one trading update
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NewsPricecheck sales surge past £150m for the first time
The results mark the 10th consecutive year of growth for the company
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NewsCity snapshot: Premier Foods returns to volume growth after bumper year
Premier Foods has posted a double-digit rise in sales and profits as it gained market share and volumes returned to growth in its fourth quarter
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NewsDiscount Dragon owner Huddled Group plots UK surplus goods ramp-up
The owner of e-commerce brand Discount Dragon is plotting a significant scaling up of its surplus fmcg goods operations to take advantage of booming demand for cheaper branded goods
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NewsCity snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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NewsPoundland aiming for 50% operational carbon reduction by end of 2024
The variety discounter wants to ‘lead the value retail sector on the transition to a low carbon economy’
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NewsCity News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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NewsCrawshaws successor Sterling Meat Co posts more strong growth
The Manchester-based retailer delivered a 54.3% jump in sales to £22.8m in the year to 31 December