latest – Page 144
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Just Eat's sales jump 46% in first quarter
The UK’s appetite for takeaway food shows no sign of waning despite concerns over a squeeze on consumer spending as Just Eat reported another 46% jump in first quarter sales
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Premium gin producer Brockmans reports "record" year
Brockmans has benefited from new listings in 115 M&S branches, Wine Rack, Harvey Nichols and Punch Taverns…
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Pepsi adapting quicker than Coke, earnings updates reveal
Pepsi beat analyst expectations with a 41% jump in first-quarter net income and a better than forecast 1.6% rise
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Tate & Lyle Sugars blames EU for annual trading loss
Tate & Lyle Sugars is pinning turnaround hopes on a new post-Brexit regulatory approach to sugar imports after blaming the EU for another annual trading loss.
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P&G looks to ‘irresistible superiority’ to boost performance after Q3 slide
The principle will apply to everything from R&D to marketing
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Pret A Manger notches up 12th consecutive year of growth
Across the period, Pret opened 50 new stores including 31 in the UK
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P&G sales down 1% in third quarter amid tough market conditions
P&G has reported a 1% drop in third quarter revenues amid market growth slowdown, geopolitical disruptions and foreign exchange headwinds.
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Tiptree profitability dips amid “uncertain” post-Brexit world
The owner of jam and marmalade maker Tiptree has reported a reduction in full-year gross profitability as the post-Brexit rise in input costs hit its margins.
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Bottling restructure costs hit Coca-Cola’s first quarter earnings
Coca-Cola’s first quarter earnings dropped by 20% amid a double-digit sales decline and high than expected costs relating to the restructuring of its bottling operations.
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HelloFresh nearly doubles revenue and reduces losses by 20%
The recipe box company posted a 96% year-on-year increase in revenue to over £500m for 2016
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Connect Group reports 4.8% fall in interim pre-tax profits
The group posted a pre-tax profit of £23.3m for the six months to 28 February 2017
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City snapshot: Double-digit Costa sales rise boosts Whitbread’s annual profits
Annual pre-tax profits were up 6.2% at leisure group Whitbread as 10.7% total growth in its Costa Coffee chain boosted performance - however the shares have plunged as the group undershot City expectations
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Chapel Down reports 'excellent' growth despite EU uncertainty
Producer left untouched by Brexit uncertainty, according to accounts
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Tequila sees sales boom as premium trend takes hold
Volume sales of the spirit is up 7% while value sales are up 5%
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Danone upgrades earnings expectations despite slow first quarter sales
French dairy giant Danone has upgraded its 2017 earnings guidance despite reporting “slow sales” in the first quarter
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City snapshot: Reckitt on track to hit growth target despite flat first quarter
Reckitt Benckiser has reported flat like-for-like revenues in the first quarter but favourable currency rates boosted reported sales by 15%. Plus, Danone upgrades its 2017 earnings guidance and all the rest of this morning’s news from the City.
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Unilever steadies ship with impressive first-quarter growth
Unilever comfortably beat City expectations for its first-quarter organic sales growth, posting a revenue rise of 2.9%
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Fiddes Payne upbeat as restructure costs drive it into the red
Fiddes Payne has slipped into the red as restructuring costs hit the Cake Angels owner
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Pernod Ricard reports 'dynamic' sales growth in the UK
The company said performance was boosted by advance shipments linked to recent price increases…
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Scotmid Co-operative records 7% drop in trading profit
Society’s turnover was up 1.6% to £376m for the year to January 2017