latest – Page 120
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NewsEnco sales and profits hit by stalling Nurishment performance
Newly filed accounts for the Grace Foods UK-owned supplier show 2017 sales dropped by 2.7% to £48.5m.
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NewsPizza and savoury foods drive rise in frozen food sales
Pizzas and savoury foods led the category growth in the year to June, with their combined value up more than £100m on 2017
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NewsCity snapshot: Brazil truckers strike hits Unilever's Q2 growth
Unilever has posted underlying sales growth of 2.5% in the first half of the year after organic growth slowed to 1.9% in the second quarter, excluding its spreads business. Plus, strong Vimto sales boost Nichols’ first half, trading updates from Hilton Food Group and Science in Sport and all the rest of the latest news from the City.
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NewsCity snapshot: Premier Foods' growth slows ahead of crunch AGM
Premier Foods has announced first quarter sales growth of 1.7% ahead of a crucial shareholder vote on the future of CEO Gavin Darby later this morning. Plus, Hotel Chocolat Group grows revenues by 12% in the year to 1 July 2018, M&S signs energy supply deal with Octopus, Real Good Foods to raise £1m from investors and all the rest of the latest news from the City.
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NewsCity snapshot: Air travel underpins 7.3% third quarter sales rise for SSP Group
Travel retailer SSP Group has grown sales by 7.3% in the third quarter, with like for like growth of 2.7% in the period. Plus, key brands grow 6% at Dairy Crest in the first quarter and all the rest of the latest news from the City.
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NewsAnnual sales dip 3.4% at Finsbury Food Group
Full year sales at baked goods manufacturer Finsbury Food Group (FIF) dropped 3.4% as it was impacted by bakery closures and declining overseas sales.
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NewsAdelie Foods sinks to £28.8m loss after losing contracts
The food-to-go supplier fell dramatically in the year-and-a-half after recording a £5.5m profit in the previous 12-month period
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NewsWeetabix profits fall as Post takes the reins
Profits at Weetabix slid in the run-up to its £1.4bn sale to US group Post Holdings amid “management distraction” around the sales process and rising costs, according to newly filed accounts.
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NewsB&M’s first quarter sales rise 21.3% despite organic slowdown
B&M Bargains owner B&M European Value Retail has reported a 21.3% jump in first quarter group revenue, driven by new store openings, international growth and a small rise in organic sales.
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NewsOcado working on rapid delivery option to boost growth
Currently Ocado can deliver by 4pm on the same day for orders placed before 11.30am, while Amazon Prime Now can deliver in as little as one hour
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NewsOcado swings to first half loss amid increased investment
Ocado has posted a first half pre-tax loss of £9m as its investments capacity, technology and international expansion hit its bottom line.
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NewsNoble Foods sees pre-tax profits drop amid falling egg prices
Newly filed accounts at Companies House show pre-tax profits slumped by 78.8% in the year to 30 September 2017.
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NewsYoung's reveals losses as bidders raise interest
The seafood supplier recorded a 5.4% upturn in sales over the year
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NewsCity snapshot: Low sugar prices temper Primark growth at ABF
Associated British Foods has announced it expects hit full year expectations despite a reduced profit in its sugar division as the group has enjoyed higher margins than expected at its Primark clothing retail business. Plus, Premier Foods and Oasis row continues, World Cup helps positive trading at C&C Group, new non-exec at Ocado and all the rest of the latest news from the City.
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NewsSainsbury's sales growth slows following price investments
Like-for-likes were up 0.2% compared to 0.9% in the previous quarter
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NewsCity snapshot: Sainsbury's like for like growth slows to 0.2% in first quarter
Sainsbury’s like-for-like sales growth slowed to 0.2% in the first quarter of 2018 as it instigated price cuts to battle a “competitive market”.
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsTate & Lyle Sugars blames 'uncompetitive' EU regulations for huge loss
Brexit backer Tate & Lyle Sugars has blamed the ‘uncompetitive’ European Union sugar regime for annual losses that have ballooned to more than £25m.
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NewsFruit Bowl maker back in profit despite sales decline
Fruit Bowl snacks maker Stream Foods is back in the black after improving profitability, despite a drop in sales.
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NewsPoundland defies high street turmoil with positive results
This whole story of the demise of the high street is actually the demise of poor retailers, says Poundland MD Barry Willia…