latest – Page 107
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Danone first quarter sales edge up 0.8% amid volumes slide
French dairy giant Danone has posted a 0.8% like for like sales growth in the first three months of the year as performance was hampered by tough comparatives, a consumer boycott in Morocco and weaker sales volumes.
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City snapshot: Card Factory profits hit by mounting costs
Greeting cards and gifts chain Card Factory has posted flat like for like annual sales despite a “tough consumer environment” but saw profits hit by rising costs. Plus, all the rest of the latest news from the City.
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Bidfood owner BFS Group suffers £14.8m loss driven by logistics weakness
Bidfood owner BFS Group slumped to a headline loss of £14.8m in its most recent financial year due to heavy losses outside its core foodservice business.
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Fiddes Payne losses deepen after international sales decline
Revenues at the Cake Angels owner dropped 2% to £14.3m in the year to 30 June 2018
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US expansion boosts first half sales at WH Smith
Travel revenues continues to rise at WH Smith, which has announced 8% growth in first half sales after its acquisition of US travel retailer InMotion. Plus all the rest of the latest news from the City.
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Lewis 'very confident' on turnaround goals after Tesco profits surge
Pre-tax profits jumped to £1.7bn for the year to 23 February 2019
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City snapshot: Tesco profits surge as turnaround nears completion
Tesco beat analyst expectations to deliver a 29% surge in pre-tax profits, Diageo and Greggs add non-executive directors and the rest of the news from the City
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Tesco set to reveal bumper profits boost
Tesco is set to announce its biggest annual profit since the accounting scandal that dogged the UK’s biggest supermarket in 2014. Plus, board changes at Total Produce, a look forward to the week in the City and all the rest of the latest finance news.
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Bumper sales at Inspired Pet Nutrition but profits fall back
The owner of pet food brands Wagg and Harringtons grew annual sales by 17.3% last year to £91.3m but profits were held back by its reluctance to push cost increases though to higher prices.
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Ella's Kitchen sales and profits surge amid sustainability push
The organic baby food supplier saw profits soar 23% to £10.4m during the year to 30 June 2018
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Profits slide at Tayto despite acquisition sales boost
The Northern Irish crisp giant saw pre-tax profits fall 62% despite new acquisitions boosting sales
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City snapshot: Booming food sales drive profits boost at The Co-op
The Co-op has posted a double-digit rise in annual sales and profits last year as strong food performance boosted growth. Plus, March’s high street figures fail to rebound from Beat from the East all the rest of the latest news from the City.
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Global Brands sales surge 19% on back of product innovation
Sales growth accelerated at VK-owner Global Brands, taking annual sales past the £50m mark for the first time
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Mothercare posts 10.8% annual UK sales slump
Baby and child retail specialist Mothercare has announced a further slump in a UK sales in its fourth quarter as it battles to turn around its struggling business.
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Ornua reports strong results but warns Brexit will be 'costly'
The Irish dairy co-op saw global operating profit up 14.8% last year to €40.4m, boosted by strong performance by the Kerrygold brand
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Grocery sales growth drops to slowest rate in a year
Grocery sales growth has fallen to its lowest level since March 2018 as the late Easter and Mother’s Day hit year-on-year comparisons, according to Kantar. Plus, profits slump at palm oil producer MP Evans and all the rest of the latest news from the City.
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Recovery begins at Accolade Wines after turnover growth
Revenues at the troubled Echo Falls and Hardys owner grew £3m to £476m for the year ending 30 June 2018
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Food-to-go chain Eat swallows £17m loss after sales slump
Food-to-go retailer Eat has swallowed a £17.3m loss for the past year, after sales slumped 4.3% amid pressure on the UK high street
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Central England Co-op reports jump in profits and sales
Capital expenditure of £28.7m was invested in 10 new food stores and the refurbishment of 35 others
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Salmon demand boosts Mowi revenues
The supplier, which rebranded from Marine Harvest to Mowi last November, saw total revenues rise by 4.5% to €3.8bn in 2018