latest – Page 113
-
NewsCranswick sees sales growth slow in 'year of consolidation'
The processor saw sales grow by 0.6% for the six months to 30 September, compared to a 23% uplift this time last year
-
NewsCity snapshot: Lower pig prices hold back Cranswick’s first half growth
Protein supplier Cranswick has posted first half revenue growth of just 0.6% as export sales fell back. Plus, Greggs upgrades full year expectations on strong autumn trading and William Jackson Food Group agrees to buy premium olive oil brand Belazu.
-
NewsCake Box half year profits jump 34% in first post-IPO trading update
Cream cake retailer Cake Box saw adjusted profits surge 34% in its first half year results since launching its IPO on the AIM market in June
-
NewsProfits slide 25% at Stateside Foods
The supplier saw pre-tax profit slide 25% to £5.2m for the year ended 28 Feb 2018
-
NewsMajestic slips to first half loss amid Naked investment and “sluggish” UK market
Majestic Wine has fallen to a first half loss of £0.2m as investment in growth and the “tough” retail market were a drag on performance.
-
NewsSSP Group CEO Kate Swann steps down after “record” year
Travel food-to-go specialist SSP Group has announced its CEO Kate Swann is to step down next year after it posted 22.7% surge in full year underlying operating profit and revenue growth of 9.5%.
-
News2 Sisters losses deepen in fourth quarter
2 Sisters owner Boparan Holdings’ pre-tax losses more than trebled to £53.8m in the fourth quarter of 2017/18
-
NewsCompass Group annual profits rise 7% despite UK margin pressures
Food service giant Compass Group reported a 5.5% jump in full year organic sales to £23.2bn.
-
NewsNational Lottery ticket sales leap by 5.4% this year
Sales across the National Lottery’s range of scratchcards and online instant win games also rose by £136m
-
NewsThird quarter earnings slump 9% at Dole after oversupply
Earnings fell 9% for the third quarter at fresh produce supplier Dole, after an oversupply resulted in lower pricing
-
NewsAsda reports sixth quarter of like-for-like sales growth
Asda said it had benefited from a 13.8% growth in online grocery sales in the quarter
-
NewsDevro warns on volume growth over Russia slowdown
Sausage skin supplier Devro has warned that weaker than expected sales in Russia will result in lower than expected full year sales volumes as it begins the search for a new chairman.
-
NewsGavin Darby announces Premier Foods departure as it seeks Ambrosia sale
Premier Foods’ CEO Gavin Darby has announced he is to step down in January, while it has also said it is in talks to sell its Ambrosia brand
-
NewsKellogg's UK sales drop £50m as Pringles decline continues
Kellogg’s recorded a £50m plunge in UK sales in its most recent financial year as its Pringles lost sales to add to the structural decline of its cereals.
-
NewsCity snapshot: Sainsbury’s posts first half underlying profit growth as second quarter sales improve
Sainsbury’s grew underlying profits by 20% in the 28 weeks to 22 September 2018 and recorded improved second quarter sales driven by the warm summer. Plus all the rest of the latest news from the City.
-
NewsM&S interim results: what the analysts say
Analysts react to another tough trading period for Marks & Spencer, with like for like food and clothing sales continuing to slide.
-
NewsM&S warns 'further significant change is still needed'
Like-for-like food sales sunk 2.9% in the six months ended 29 September 2018
-
NewsCity snapshot: Marks & Spencer warns 'change needed' as sales continue to slide
Marks & Spencer has warned that “further significant change is needed”, as it reported a decline in food and clothing sales. Plus all the rest of the latest news from the City.
-
NewsCity Snapshot: Morrisons third quarter like-for-like sales rise 5.6% but retail growth slows
On a busy morning, wholesale growth boosts Morrisons’ third quarter sales but core retail sales slow, UK retail sales edge up by just 0.1% in October, ABF posts profit growth despite sugar woes, Greene King CEO steps down and P&H collapse hits profits at Imperial Brands.
-
NewsCity snapshot: Just Eat warns investments will hit full year profits
Takeaway delivery marketplace Just Eat has posted a 41% jump in third quarter revenues, but warned its investments back into the business mean full years profits will be at the lower end of expectations. Plus trading updates from Hilton Food Group and Glanbia, Applegreen completes Welcome Break takeover and all the rest of the latest news from the City.