latest – Page 145
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Heineken in global growth despite UK sales dip
The brewer’s global volumes were up 0.6% organically to 44 million hectolitres
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City snapshot: Price increases drive Unilever underlying sales growth of 2.9%
Unilever has posted underlying sales growth of 2.9% in its first quarter, entirely driven by price increases as sales volumes edged down. Plus LDC confirms backing of Addo Food Group buyout, quarterly results from Nestle and Pernod Ricard and all the latest news from the City.
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Tesco continues turnaround journey but the City proves hard to please
Analysts hailed Tesco’s turnaround under the leadership of Dave Lewis on Thursday
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Laila's Fine Foods expands workforce as sales soar 45%
Fast-growing ready meals supplier Laila’s Fine Foods has posted another year of stellar sales growth
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Young's boss insists business is 'performing solidly'
CEO Bill Showalter insists business is on sound financial footing amid claims of ‘broken’ capital structure
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Branston profits hit by surging potato prices
Sales were up 23% to £123.3m in 2016, according to full-year accounts to 31 July 2016
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City snapshot: Tesco posts first full-year UK sales rise for seven years
Tesco has posted its first full-year like-for-like UK sales growth since 2009/2010 as the supermarket’s recovery under CEO Dave Lewis continues to gather pace
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Spar wholesaler Henderson sees record financial year
Henderson increased pre-tax profits by 11% to £24m and invested a record £34m throughout retail infrastructure and employment
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Tayto Group sees profits slump on sales decline and investment
Pre-tax profits at Tayto Group more than halved to £3.1m last year as sales declined and the Northern Irish snack maker continued to invest in the business.
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Bidfood profits soar 12% as it slashes administration costs
BFS Group, parent company of Bidfood, has reported a pre-tax profits rise of 12% to £45.9m for the year to the end of June 2016
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Halewood International back in profit
Despite sales falling by £16m to £215m, the group secured a £2.6m profit, up from a loss of £8.2m the previous year
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Walgreens Boots revenues slump despite 'solid' Christmas for UK stores
A Christmas sales boost at Boots in the UK was not enough to stop a decline in group revenues at parent Walgreens Boots Alliance during the second quarter.
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Booker shares fall as Tesco shareholders protest merger
It comes as Booker reported a strong end to its financial year
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Yoplait sales fall as yoghurt lovers exit traditional formats
Yoplait blamed “category slowdown” and changes to promotional strategies and market dynamics for the sales drop
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Hilton Food Group profits rise by 18.4% after 'strong year'
Tesco supplier’s operating profit climbed from £29m to £34.3m, and revenue rose 12.8% to £1.2bn
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Birds Eye owner Nomad falls to a Q4 loss but says conditions improving in the UK
Birds Eye and Findus owner Nomad Foods recorded a loss in the fourth quarter of 2016 but the decline in the UK market slowed as the group battled to turnaround its performance in the challenging frozen market.
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City snapshot: Booker’s non-tobacco like for likes up 4.7% in fourth quarter
Booker Group has a reported a strong end to the year, with non-tobacco group like-for-like sales up 4.7% in the fourth quarter ahead of its £3.7bn buyout by Tesco
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AG Barr profits sparkle as Irn Bru maker cuts sugar across its range
Shares in the Irn-Bru maker fizzed 2.2% higher to 559.5p on the back of its results in the year to 28 January.
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City snapshot: Tesco fined £129m for profit overstatement scandal
Tesco (TSCO) has announced this morning it has agreed with the UK Serious Fraud Office to pay a £129m fine to avoid prosecution for its 2014 accounting scandal
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Science in Sport makes gains in supermarket sector
Sports nutrition specialist Science in Sport grew its UK grocery sales by 25% last year as the category receives more shelf space in the traditional supermarkets.