latest – Page 143
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Asda sales fall 2.8% but Clarke insists fightback momentum is building
Parent company Walmart released its figures for the first quarter of 2017 today
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Poultry sales help boost Moy Park revenues by 6.6%
Quarterly results posted by the JBS-owned processor this week showed year on year revenue growth of £22.9m to £370.4m
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City snapshot: Booker profits up 15% ahead of Tesco buyout
Tesco-bound Booker saw pre-tax profits rise 15% in its full financial year, driven by rising non-tobacco like-for-like sales growth. Plus, all the rest of the latest news from the City
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Moy Park revenues up 6.6% in first quarter
Northern Irish poultry supplier Moy Park has reported a 6.6% jump in first quarter revenues, according the newly published accounts from its parent company Brazilian meat giant JBS,
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City snapshot: Premier Foods lowers growth target and ups cost savings drive
Premier Foods (PFD) is shifting its strategy away from focussing on revenue growth to a more ’balanced approach’ after full year underlying sales slipped 1.4%
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Coca-Cola Hellenic boosted by growth in emerging markets
Coca-Cola is flatlining, but European bottler Coca-Cola Hellenic continued its run of effervescent results. Plus, the share price movements of Refresco and Premier Foods.
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Kerrygold sales boom boosts revenues at Ornua
The Irish butter brand topped €900m in global sales, with the US reporting 20% volume growth
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City snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
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Weak pound hits first quarter sales at Raisio
Finnish food group Raisio has announced an 18.9% fall in first quarter revenues as the weak pound hit sales of Benecol and its confectionery products in the UK.
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58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
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AB InBev's UK volumes grow in double digits in first quarter
Global volumes dropped –0.5%, but revenues were up 3.7% (organic) compared with the same quarter in 2016
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Mondelez sees commodities costs rise despite falling cocoa prices
Confectionery giant was unable to take advantage of lower prices because of hedging arrangements
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Mults record the best growth since 2013 as discounters power on
The UK grocery market posted its best growth figures since 2013 over Easter
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Sainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages
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Mahou San Miguel reports 'record-breaking' full-year results
The San Miguel owner attributed much of its success to the brand’s relaunch in 2015
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City snapshot: Morrisons reports 3.4% first quarter like-for-like sales jump
Morrisons’ like-for-like sales has risen by 3.4% in the 13 weeks to 30 April – its sixth consecutive quarter of like-for-like growth. Plus, Kerry Group confirms full year expectations after solid first quarter, Carlsberg’s revenues up 4% in first quarter, Sainsbury’s shares plunge and all the latest news from the City
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Grocery sales growth hits highest level since 2013
The UK grocery market recorded its best three months of sales since September 2013, according to market share figures from Kantar Worldpanel
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Sainsbury's bullish in face of third year profit decline
Chief executive Mike Coupe is confident in strategy to accelerate Argos proposition and grow online
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City snapshot: Sainsbury’s profits dip in 'challenging' grocery market
Sainsbury’s underlying profit before tax fell by 1% in the year to 11 March amid a ’competitive and uncertain trading environment’
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Product recall hits first quarter sales at Altria
Net revenues at Marlboro cigarette maker Altria were held back by a sharp drop sales of non-tobacco products after a product recall in January.