latest – Page 149
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NewsLoss of Sainsbury's salmon strips £90m from Young's sales
Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016
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NewsCranswick posts improved revenues despite rising pig prices
Q3 trading update reveals performance in line with board’s expectations as a result of strong export and Christmas sales
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NewsOcado unveils robotic arm for fruit & veg picking
Technology will remove need for humans to pick easily damaged produce
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NewsDhamecha posts strong sales and profit growth
Sales at the Today’s Group wholesaler are up 2.1% to £668m for the year ending 31 March 2016
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NewsGreencore posts double-digit festive sales jump amid booming convenience sales
Greencore’s sales jumped 17.1% in the 13 weeks to 30 December as US expansion and continued growth of its food-to-go business boosted sales.
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Pepsi Max and 7UP growth boosts Britvic’s first quarter
Britvic has reported first quarter revenue of £351m, an increase of 4.3% on the previous year, driven by increased UK sales of carbonated drinks as its still drinks struggled.
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NewsCity snapshot: Profits up at Ocado but international expansion remains elusive
Ocado has posted a 21.8% jump in annual pre-tax profits before exceptional items, but has given no update on its long-awaited international expansion efforts. Plus all the rest of this morning’s news from the City
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NewsBestway Wholesale profits plunge 56%
The wholesaler suggested its “conscious decision” to invest in the independent retail had contributed to the fall in profits
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NewsCity snapshot: First half revenues treble at Conviviality after Matthew Clark buyout
Bargain Booze owner Convivality (CVR) has posted a 211% jump in first half revenues after its transformative acquisition of Matthew Clark. Plus Us Customs gives PureCircle the green light on held shipment and all the rest of this morning’s news from the City.
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NewsUnilever's shares fall despite underlying sales growth
Marmitegate may have grabbed the headlines in the UK last year, but Unilever has bigger problems
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NewsAunt Bessie's and Abel & Cole owner posts 14.2% sales rise
Profits at William Jackson were hit however by £4m of restructuring costs
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NewsDiageo shares boosted by impressive interim results
Diageo reported growth across all regions on an organic basis
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NewsCity snapshot: Unilever's sales growth slows in "challenging" fourth quarter
Unilever has posted full-year underlying sales growth of 3.7% and a rise in profitability, although growth slowed significantly in the fourth quarter
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NewsAlfred Jones accounts reveal £768k loss in final trading year
The retailer said the market presented an “increasingly bleak outlook for smaller independent retailers”…
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NewsCity snapshot: WH Smith upgrades profit expectations amid strong travels sales
WH Smith has upgraded its earnings forecast after reporting a 1% rise in like-for-like sales for the 21 weeks to 21 January as strong travel sales made up for the a downturn in high street
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News‘Record cost savings’ boost annual profits at Kimberly Clark
Deep cost savings helped boost annual profits at US consumer goods giant Kimberley Clark, despite headline sales falling due to the strength of the dollar.
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NewsFaccenda profits hit by low prices and tough conditions
Combination of currency fluctuations, fierce competition in retail and oversupplied markets materially affected profitability, it says
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NewsPZ Cussons shares drop amid first half profits slump
Shares in beauty and personal care product supplier PZ Cussons have dropped 8.6% in morning trading after the Imperial Leather maker revealed a 38% drop in first half profits.
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NewsSales and profits up at ready meals supplier Oscar Mayer
Own label ready meals supplier Oscar Mayer grew sales by over 5% last year as strong demand from key customers helped negate the “challenging marketplace” in UK grocery.
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NewsWestons profits fizz as cider maker taps into craft
Profits fizzed higher at Westons as the cider manufacturer outperformed the struggling UK market thanks to growing consumer demand for more premium and craft brands.