latest – Page 117
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NewsCity snapshot: Co-op Group first half sales up 10% as food and Nisa deal drive growth
The Co-op Group has this morning announced a 10% rise in first half sales to £5bn driven by strong like for like food sales growth and its acquisition of Nisa. Plus, Connect Group, the logistics company spun out of WH Smith, has announced a profit warning and all the rest of the latest news from the City.
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NewsBerry Bros & Rudd reports £16m sales hike in 'solid' year
Berry Bros had “restructured the balance sheet”, CEO Dan Jago told The Grocer.
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NewsSales slide at Whitworth's after price squeeze from 'major customers'
The home baking specialist blamed increasing “price pressures” for the drop in sales to £167.1m
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NewsCity snapshot: Morrisons first half sales up 4.5% after strongest quarter for nine years
Morrisons has posted a first half revenue rise of 4.5% to £8.8bn after a like for like sales surge in the second quarter driven by its growing wholesale business. Plus, John Lewis Partnership pre-tax profits plunge 99% despite improving Waitrose performance and all the rest of the latest news from the City.
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NewsFruitapeel sales jump 31% in year of Puratos acquisition
The private label manufacturer drove sales from £10.4m to £13.6m in the year ending 28 February 2018
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NewsCity snapshot: Seachill growth boosts Hilton Food Group sales
Sales jumped 25% at packaging and food processing giant Hilton Food Group (HFG) in the first half of 2018, boosted by the strong performance of Seachill, Unilever revealed plans for a new holding company ahead of its Dutch move, and the rest of the latest news from the City.
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NewsABF profit “progress” dragged back by currency and sugar woes
Associated British Foods has issued a pre-close trading update for the year to 15 September, noting that strong profit performance from Primark, grocery and other divisions will be hampered by lower EU sugar prices.
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NewsFarmfoods annual sales drop 4% amid “competitive” market
Scottish frozen foods retailer Farmfoods posted a 4% drop in annual revenues last year as competitive pressures continued to weigh on the grocery chain.
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NewsCovent Garden Market Authority reports £100m profit boost
Traders within the market saw turnover increase 6% to £626m despite declining occupancy
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NewsMcColl's shares rebound after P&H collapse dragged value down
McColl’s stock had plunged to a two-year low of 125p in late August put is now up 12.1% for the week
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NewsSales rocket 75% at Grenade on back of PE acquisition
The snack bar and drink maker delivered strong growth after being bought by Lion Capital in March 2017
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NewsBakkavor acquires Haydens Bakery after ‘positive’ first half
Ready meals giant Bakkavor has posted a rise in revenues and profits in its first six months as a listed business and announced the £12m acquisition of sweet bakery products supplier Haydens Bakery from Real Good Food.
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NewsPret A Manger sales jump 13% amid overseas expansion
The chain recorded a 13.2% increase in sales, to £878.5m, in the year ending December 2017, prior to its £1.5bn acquisition by JAB this May
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NewsCity snapshot: McColl's like-for-like sales drop as P&H impact continues
Like-for-like sales dropped at convenience store chain McColl’s as it continued to feel the impact of Palmer & Harvey’s collapse last year, Tesco announces a new non-executive director and the rest of the City news
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NewsPoundland to offer more products for over £1, says boss
Poundland reported like-for-like sales up 1.7% for the nine months to 30 June
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NewsJW Filshill reports 2% sales jump in 'competitive' market
The Scottish wholesaler’s pre-tax profits increased 0.9% to £896k
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NewsKP Snacks sales jump 10% after Butterkist acquisition boost
The crisp and nut specialist saw sales jump to £345.7m, driven by its buy-and-build growth strategy
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NewsCampbell Soup Co to sell fresh and international arms
The turnaround plan will see the New-York listed business divest in its overseas and fresh food business, which together make around a quarter of revenues
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NewsArla Foods UK reports 'steady' first half with YOY growth
Growth in the UK was driven by a 6.7% increase in volume sales for Arla’s branded portfolio
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NewsCity Snapshot: Total Produce shrugs off 'unusual weather' to post first half growth
Ireland-based global fruit and vegetable distributor Total Produce has posted a rise in first half sales and EBITDA despite the negative impact of currencies and “unusual” weather patterns in Europe. Plus, WH Smith on course to hit full year targets driven by travel growth and all the rest of the latest news from the City.