latest – Page 148
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NewsAdelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
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NewsCity snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
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NewsBranded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
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NewsHotel Chocolat's Angus Thirlwell on cocoa, Brexit and online
Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder
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NewsPark Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment
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NewsAsda like-for-like sales fall 2.9% in the fourth quarter
Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke
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NewsAlternative milk brand A2's global revenues leap 84%
Growth reflected “outstanding results” in A2’s Australia, New Zealand and Chinese markets
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NewsNestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …
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NewsSymington's sees £6m loss as cooking sauce brands struggle
A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsCity snapshot: Symington’s slumps to £6.1m annual loss
Symington’s has slumped to a loss as a raft of delisting for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsKraft Heinz promotional activity hurts European sales
Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.
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NewsNestlé downgrades growth target after challenging year
Sluggish performance put down to slowdown in Western markets during the second half of 2016
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NewsPepsiCo strength at home adds fizz to Q4 sales
PepsiCo boosted sales 5% in its fourth quarter to $19.5bn thanks to steady demand in its domestic US market and a 53rd week in the financial year.
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NewsActivia relaunch fails to turn around brand's fortunes for Danone
European sales are down 1.4% year-on-year, the French dairy giant says
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NewsTyrrells sales boom as it plans global growth with new owner
Overall turnover, net of discounts and promotional costs, leapt by 25% to £61.6m
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NewsKellogg profits grow faster than expected but UK drags on group sales
US food group Kellogg has beaten profit expectations in the fourth quarter despite revenues falling for the eighth reporting period in a row, with conditions particularly difficult in the UK.
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NewsCity snapshot: Dairy Crest warns cost inflation will hit net debt
Dairy Crest (DCG) has grown volumes in its key brands in the first nine months of the year, but has warned over the impact of rising input prices. Plus Tate & Lyle has upgraded earnings expectations after a strong third quarter, Pernod Ricard grows underlying sales and all the rest of this morning’s news from the City.
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NewsCity snapshot: Cost-cutting helps boost earnings for Carlsberg
Carlsberg has posted full-year organic operating profit growth of 5% despite a fall in sales volumes as the early benefits from its cost-cutting programme boosted earnings
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NewsQ&A with Ocado CFO: Amazon, robotic arms and one-hour delivery
Duncan Tatton-Brown talks emerging threats and Morrisons’ increasingly cosy relationship with its largest competitor
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NewsSayers reports sales decline amid 'challenging year'
North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence