All Financial Results articles – Page 82
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NewsThe Original Factory Shop sees profit growth as concessions open in Co-op
The performance in the 12 months to 27 March 2022 was also up on a two-year basis
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NewsPilgrim’s UK sees £16m loss but promises strong recovery
The pork giant reported significant inflation throughout the supply chain and lower pig prices meant results had been negatively impacted
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NewsGeary’s warns of impact of soaring energy costs as it returns to growth
Geary’s Bakeries returned to double-digit growth last year, but has warned of the impact of soaring energy costs on top of mounting input inflation last year
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NewsPlanet Organic sets new store estate target despite losses
Planet Organic is now aiming to open 100 new stores across the UK over the next three years
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NewsArla Foods reports strong first-half results, but warns of downturn ahead
Prices will continue to rise amid soaring on-farm inflation, the dairy co-op has warned
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NewsYo Sushi owner sees sales jump following retail and kiosk push
Yo Sushi owner Snowfox Group saw a near 50% jump in sales last year, driven by its concerted push into grocery retail and in-store kiosks
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NewsCity snapshot: Hain Celestial blames UK economic struggles for sharp drop in sales
US consumer foods giant Hain Celestial has blamed soaring food prices and falling consumer confidence in the UK for a steep drop in full-year revenues
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NewsAsda claims sales going in the right direction despite cost of living crisis
Asda has also expanded its ‘Dropped & Locked’ pricing campaign to include more than 250 products, which will remain for the rest of the year
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NewsCity snapshot: Delivery Hero first half losses near €1.5bn
German food delivery group Delivery Hero lost almost €1.5bn in its first half after rising marketing, technology and impairment costs increased its losses
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NewsIceland’s debt rating downgraded as it slips to annual loss
Iceland’s debt rating has been downgraded by Moody’s as newly filed accounts show the supermarket fell to a pre-tax loss last year
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NewsMoy Park sees near 60% profit slump amid ‘challenging headwinds’
The Northern Ireland-based poultry giant saw operating profit fall by 58.1% (or £50m) to £36.2m in the face of significant cost increases in feed, utilities and labour
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NewsCity snapshot: Inflation drives grocery growth as convenience outstrips supermarket sales
Grocery sales rose 4.5% in the four weeks to 13 August as inflation drove top-line growth despite falling volumes
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NewsUnited Wholesale Scotland posts £4.9m pre-tax profit
UWS said its strong partnership with suppliers and loyal customer base had allowed it to perform strongly in a competitive market
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NewsCrediton Dairy continues to see turnover growth despite challenges
The Devon-based company saw turnover increase by 16.3% to £101.5m while profit before tax was down to £9.6m compared with £9.8m the previous year
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NewsSouth Caernarfon Creameries reports rise in sales and profits
Sales for the year to 31 March rose by 17% to £71.5m, while year-on-year operating profit jumped by 20.6% to £4.1m
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NewsCity News: Carlsberg sales surge but instability concerns weigh on shares
Sales at Carlsberg have soared past pre-pandemic levels as warm summer weather and the resurgent on-trade boosted performance. However, shares remain down for the year due to concerns over its second half outlook and instability in eastern Europe
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Comment & OpinionGlobal brewers ride on-trade rebound but second half looks tougher
Business is booming for the world’s largest brewers – but the real tests for the post-Covid health of the industry are yet to come
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NewsCCEP launches sustainability-linked supply chain financing programme
GB Coke bottler Coca-Cola Europacific Partners has launched a new finance programme to encourage suppliers to make their businesses more sustainable
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NewsCity Snapshot: Food prices soar to 14-year high
Food and drink prices have jumped sharply once again as inflation in the sector continued to race ahead of the UK headline rate. Plus, first-half results from Carlsberg and Glanbia.
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NewsTreatt shares plunge on inflation-driven profits warning
Shares in Treatt have lost a third of their value after the ingredients business warned its profits would be much lower than expected as a result of sluggish consumer confidence in the US and soaring cost inflation