All articles by Harry Holmes – Page 5
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NewsDiageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits were down almost 30%, below analyst’s expectations
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NewsKimberly-Clark scores strongest volume growth in five years
The Andrex maker consequently raised its profit forecast for the year having cut it in April
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NewsVirgin Wines builds momentum despite market slowdown
In March, Virgin Wines said it would put £20m into “turbocharging” growth
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NewsHaleon cuts sales forecast due to US slowdown
The group is performing better in emerging markets which make up around a third of its revenue
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NewsUnilever sales beat estimates off strong ice cream performance
Unilever’s ice cream division – which it will spin off by the end of the year – performed particularly well
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NewsSSP share price down 7% as sales fall below expectations
In the UK, sales were affected by the cyberattack on M&S
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NewsAG Barr confirms Strathmore sale as it posts H1 revenue boost
The company said it was looking to sell Strathmore in April, just one month after announcing it was scrapping the brand completely
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NewsWH Smith sells Funky Pigeon to Card Factory
WH Smith is selling the business after a strategic review that followed the sale of its high street business to Modella Capital
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NewsGreggs confirms profit slip as sales growth continues to slide
Greggs’ like-for-like sales grew just 2.6% in the first half of the year, a slowdown it attributed to January’s heavy snow and strong winds and June’s unusually hot weather
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NewsHeineken sales fall due to supermarket disputes
The world’s second-largest brewer said volumes were worse than analysts’ estimates
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NewsCranswick to boost investment as demand for meat grows
Cranswick added an independent review into its animal welfarepractices is now “well advanced”
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NewsOatly warns of sluggish sales growth amid US slowdown
The company’s share price fell 5% following the announcement
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NewsPure Pet Food’s sales double after hefty investment
The company secured a £15m investment in October to support further expansion after consecutive years of strong growth
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NewsAsda showing ‘green shoots of recovery’, says NIQ
Asda has been in the midst of a long-term sales drop that pulled the supermarket to a £600m loss last year
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NewsLa Martiniquaise-Bardinet snaps up majority stake in Warner’s Distillery
La Martiniquaise is France’s second-largest spirits group, making drinks including Glen Moray and Cutty Sark
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NewsCoca-Cola sees volumes fall amid price hikes
The business continued to see demand fall in North America, its biggest market, although demand elsewhere is helping to dampen the impact
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NewsLindt & Sprüngli raises outlook as premium chocolate sales hold up
The sales boost came despite the company pushing through some steep price hikes due to high cocoa prices
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NewsGreencore shares jump 10% after lifting profit forecast
Food-to-go manufacturer Greencore has seen its shares surge 10% following an impressive quarterly performance
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NewsNaked Wines appoints new chair to replace founder
Pailing joined the online wine retailer in March as a non-executive director, now replacing founder Rowan Gormley as chair
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NewsLidl hits record high market share as momentum continues
Lidl now holds 8.3% of the British grocery market, according to Worldpanel’s latest figures, up 0.5% over the past 12 weeks