All Financial Results articles – Page 90
-
NewsJempson’s sales dip 1.2% but ‘holds on’ to majority of growth gained in pandemic
During the year to June 2021 the company made two bonus payments to all employee
-
NewsHome Bargains sales soar 20% to £3.3bn, boosted by store openings
The estate grew by 27 stores during the period
-
NewsCity snapshot: Deliveroo posts double-digit first quarter growth against 2021 lockdowns
Deliveroo posted double-digit growth in its first quarter despite benefitting from Covid lockdowns last year, although spend per order fell. Plus retail growth slows in March, Parsley Box targets recovery from “tough” year and all the rest of the latest news from the City.
-
NewsCity Snapshot: Treatt flags higher margin forecasts for H2 as momentum continues
Revenues at the group increased 9% to £66.3m in the first half to 31 March, driven by its expertise in citrus, its largest category, Treatt said in a trading update.
-
NewsWing Yip profits soar by 75% to reach £11m in 2021
The company, which specialises in supplying Chinese and oriental groceries, recorded a pre-tax profit of £11m, up from £6.3m in 2020
-
NewsCity snapshot: Revenues soar as Hilton Food Group diversifies further
Meat and fish supplier Hilton Food Group has reported a surge in revenues and profits as it extended its reach across protein categories around the world. Plus, trading updates for Imperial Brands and Distil.
-
NewsMorrisons new owners look to speed up refinancing despite profits warning
Sources said despite the gloomy predictions in the update given yesterday, it had “cleared the way” for CD&R to seek bank support to refinance more than £6bn of short-term borrowing
-
NewsMorrisons warns on impact of inflation and ‘geopolitical environment’
Private equity owned Morrisons has warned its profits will come under pressure from mounting inflation and the situation in Ukraine.
-
NewsUpfield UK bounces back into profit but warns on plant oil prices
The UK arm of Flora owner Upfield bounced back into profit in its first year of separation from former owner Unilever, but warned over the impact of soaring plant oil prices
-
NewsIPN revenues hit £120m following CapVest deal
Inspired Pet Nutrition, the UK’s largest manufacturer of dry petfood, saw further double-digit growth last year as it was snapped up by the private equity player
-
NewsCity News: AG Barr propelled above pre-Covid levels as hospitality reopened
The resurgence of the leisure sector and out-of-home consumption helped propel Irn-Bru maker AG Barr back above pre-Covid levels
-
NewsDiscounters win share from big four as shoppers prioritise value
The discounters are once again rapidly taking market share from mainstream grocers as soaring food prices push consumers to prioritise value and own-label products
-
NewsHuel mulls IPO as it passes £100m sales mark
Revenues have jumped 43% as demand for the brand’s “nutritionally complete, sustainable food” rocketed
-
NewsParfetts to invest in logistics technology as pre-tax profits soar by 25%
The wholesaler recorded a 25% rise in pre-tax profits for the year to June 2021
-
NewsCity snapshot: Huel sales pass £100m on surging global growth
Plant-based meals brand Huel saw revenues top £100m last year amid strong growth in the UK and its international business
-
NewsAsda like-for-likes down 2.9% in quarter four of 2021 against tough comparatives
The supermarket is also launching a new value range called Just Essentials, as first revealed by The Grocer
-
NewsCity News: MP Evans profits surge on soaring prices
Surging commodity prices are not bad news for all food industry players, as UK-listed palm oil producer MP Evans proved this week with soaring annual profits
-
NewsBestway Wholesale turnover climbs 10% to £2.66bn
The wholesaler said operating profit was £37.2m over the period, up from £7.3m the previous year
-
NewsSurging palm oil prices boost profits at MP Evans
Palm oil producer MP Evans has posted a surge in profits in 2021 as the palm oil sector went “from strength to strength” amid spiralling prices
-
NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.