latest – Page 142
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Roberts still solidly profitable despite pensions deficit blow
Bread maker Roberts Bakery defied “difficult” market conditions to post flat revenues and profits last year, but fell to a headline loss due to a recalculation of its pensions deficit.
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Gusbourne to raise £4.2m in placing to expand wine production
English sparkling wine producer Gusbourne is aiming to raise £4.2m of fresh funds in a share placing to invest in new vineyards and expand production.
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Iceland range and store improvements deliver 4.4% sales growth
Like-for-like sales were up 2% in the year to 24 March
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City snapshot: Ocado finally signs first international deal
Ocado has signed its first long-awaited international partnership to provide its technology to an unnamed European retailer. Plus Iceland’s annual sales rise 4.4% and EBITDA jumps 6.3%, FRC drops probe into PwC over Tesco profits overstatement and all the rest of the latest news from the City
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Big four supermarkets in growth, but City remains unconvinced
On the surface, the monthly market share numbers from Kantar Worldpanel contained plenty of cause for encouragement
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Lucozade Zero and Highland Spring help boost sales at LRS
In the year to 31 December 2016, the UK subsidiary of Japanese drinks giant Suntory managed to grow sales from £424.9m to
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Charlie Bigham's sales near £50m as efficiencies aid growth
The food manufacturer said investment in efficiencies in recent years had helped bottom-line growth
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City snapshot: Rising food sales boost Applegreen
Petrol forecourt retailer Applegreen has made a “positive” start to 2017
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Nomad ups earnings expectations after promotion-driven organic sales growth
Birds Eye and Findus owner Nomad Foods has upped its full year earnings expectations after heavy promotions in the UK drove it to a 1.1% rise in organic sales in the first quarter
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Five things we learned from the M&S results
Steve Rowe was upbeat about ongoing plan to revamp estate and further integrate two sides of business
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Marks & Spencer shares hold firm despite profit slump
Long-time supporters of Marks & Spencer found cause for comfort but there was plenty for bears to get their teeth into
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Fever-Tree shares net £73m for Charles Rolls
Fever-Tree co-founder and former executive chairman Charles Rolls has netted £73.1m from a share sale this week
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City snapshot: Leisure spend slowdown continues as sales slide at Restaurant Group
More suggestions of a UK consumer slowdown have emerged this morning as Frankie and Benny’s owner Restaurant Group reported a slide in sales at the start of the year
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City snapshot: Organic growth and new stores drive bumper year for B&M
B&M European Value Retail has recorded a double-digit rise in sales and profits driven by increased organic growth and its rapid store roll-out programme
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Britvic’s shares rise despite profits drop
Robinsons owner Britvic has posted a double-digit rise in first half sales, but restructuring costs hit pre-tax profits.
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M&S results: analyst reaction
Annual profits at Marks & Spencer have fallen by 64% to £176.4m, here’s how leading City and retail analysts reacted
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Cranswick export push and poultry expansion drives record sales
Growing pork exports to the Far East and soaring poultry sales have fuelled a record year at meat supplier Cranswick.
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Premier Foods targets 'balanced' strategy as shares collapse
Premier Foods pacified investors with promises of super-charged growth driven by its partnership with Nissin Foods
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Buoyant Booker defies Tesco deal distraction talk
Tesco’s proposed £3.7bn takeover of Booker has not distracted the wholesale giant as it delivered a 15% growth in pre-tax
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Dairy Crest profits rise 5% despite sales slump
CEO Mark Allen describes interim results as a ‘robust performance in a tough market’