latest – Page 130
-
NewsCity snapshot: SSP Group’s revenues up 13.5% in first quarter
Travel food specialist SSP Group has increased sales by 13.5% in the first quarter, driven by like-for-like growth, contract wins and global expansion. Bacardi buys Patrón Spirits for $5.1bn, UK snow hits Christmas trading at Marston’s, Ocado’s shares surge 28% on Canada tie-up and all the rest of the latest news on a busy morning in the City
-
NewsSymington's recovery on track following drive to reduce costs
Symington’s is back into the black as a turnaround strategy has started to yield results…
-
NewsGreggs targets evening eating with new hot food trial
Greggs’ company-managed shops saw a like-for-like sales increase of 3.7% in the final quarter of 2017…
-
NewsLindt boosted by UK performance as group sales pass 4bn Swiss Francs for first time
A particularly strong performance in the UK has helped propel sales at Lindt & Sprüngli to more than CHF 4bn Swiss francs (£3bn) for the first time in its 175-history.
-
NewsFortnum & Mason reports record Christmas trading performance
Like-for-like festive sales at Fortnum were up 13%; online sales were up 23%
-
NewsLily’s Kitchen sales up 36% but investment results in loss
Turnover at the premium petfood supplier rose to £19.8m in the year ended 31 March 2017
-
NewsThomas J Fudge's records loss in first year of PE ownership
Thomas J Fudge’s Remarkable Bakery slipped to a £1.5m pre-tax loss in its first year under private equity ownership
-
NewsBooker reports strong third-quarter growth
Booker recorded strong growth in the third quarter, despite a drag from falling tobacco sales…
-
NewsTesco and M&S both fall short of City expectations
“Super Thursday” proved anything but super for the grocers this week
-
NewsBuoyant sales for Buckfast but Brexit hits profit margins
Annual accounts for owner J Chandler & Co for the year to 31 March 2017 show a 3.1% rise in sales
-
NewsFaccenda credits profit rise to focus on lower costs
The chicken, duck and turkey supplier is expected to complete a joint venture with the UK poultry arm of US meat giant Cargill
-
NewsWyke Farms profits rise despite butterfat cost hikes
The cheesemaker had to contend with a near £1m loss in turnover from its butter division
-
NewsAspall sales surged by £7.4m in run up to Molson Coors acquisition
Operating profits fell into the red (–£187k) thanks to “greater than expected” costs
-
NewsSainsbury's raises profits forecasts after record Christmas
Sainsbury’s has lifted its profits expectations for the year after a record Christmas week, but the supermarket’s growth was held back by declining general merchandise sales as Argos struggled.
-
NewsMarket share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
-
NewsLincolnshire Co-operative reports 7% Christmas boost
The society paid out a dividend bonus of £1.9m to its 280,000 members in December
-
NewsPoundworld profits slump following 'significant' investment
Discounter is looking to open “a substantial” number of stores in each of the next three years
-
NewsMajestic hails a 'robust' Christmas performance
Majestic Retail sales grew 1.2%, while Naked Wines put in the strongest performance, growing sales by 13%…
-
NewsMorrisons reports festive sales boost
Morrisons has reported a 2.8% uplift in group like for like sales excluding fuel over the ten weeks to 7 January and a 3.7% jump over the Christmas period.
-
NewsHalewood Wine & Spirits cements turnaround with year of growth
The Lambrini owner ditched underperforming brands to focus on premium and craft spirits…