latest – Page 160
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Fever-Tree relaxed about potential tonic war as sales and profits continue to fizz
Fever-Tree’s founders are relaxed about the impending entry of Britvic in the premium mixers category after its revenues soared 69% to £40.6m in first half.
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Greencore sees “modest” Brexit impact as food to go drives sales increase
Greencore’s revenues were up 4% in the 13 weeks to 24 June, with Brexit having only a “modest” impact on the convenience food giant’s trading.
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Famous Grouse owner profits hit by ‘fierce’ competition
The Famous Grouse and Cutty Sark brands suffered double-digit falls in sales, offsetting growth for single malts The Macallan and Highland Park.
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Poor weather drives the worst supermarket sales figures for two years
During the four weeks ending 16 July 2016, the value of sales was down 2.4%
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Strong volume growth drives Cranswick's first quarter sales up 11%
Higher volumes and the contribution of acquisitions helped Cranswick’s sales rise 11% in the first quarter to 30 June 2016.
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Company Shop invests heavily as sales double in five years
The Yorkshire company teamed up with an additional 81 manufacturing sites
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Is Britain falling out of love with Heinz Beanz?
Shoppers are turning their backs on Heinz’s iconic beans and soups, hitting the brand’s UK sales and profits
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Premier Foods shareholders protest re-election of chairman over McCormick affair
Premier Foods shareholders have given chairman David Beever a rebuke at the AGM over his handling of the failed McCormick takeover with more than 12% objecting to his re-election to the board.
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Organic sales back to pre-2008 levels as sales near £2bn
A third consecutive year of growth is set to push organic food past sales levels last seen before the 2008 financial crisis
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Unilever posts 4.7% first half growth in “challenging markets”
Underlying growth was partly drive by a 2.2% rise in volumes
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Conviviality share price boosted as sales more than double
Shares in Conviviality leapt 10% today as revenues more than doubled to £864.5m and the drinks group said the integration plan for Matthew Clark and Bibendum was ahead of expectations.
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Finsbury Food confident in face of Brexit uncertainty
Speciality bakery Finsbury Food said the enlarged group was “well equipped” to weather any potential Brexit storm as it reported sales growth of 25% following the integration of Fletchers and Johnstone’s.
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City Snapshot: Conviviality sales more than double after Matthew Clark deal
Full year sales more than doubled at Conviviality in the 53 weeks to 1 May 2016
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Bettys & Taylors Group sales up but profit drops to £10m
Bettys & Taylors Group has increased sales 5% to £163.4m despite “competitive pressures” in its core markets
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Confectionery firm Hancocks enjoys 13% pre-tax profit jump
Finance director Richard Garner said Hancocks is looking to increase its geographical coverage
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First quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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Banham Poultry slips to loss as chicken fillets hit by grocery price war
Fast 50 new entry Banham Poultry tumbled to a pre-tax loss last year after pressure to reduce prices amid rising wage costs hit profits.
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Full-year sales up 12% at Hotel Chocolat
Hotel Chocolat has announced a “slightly ahead” of market expectations 12% rise in sales for the 52 weeks to 26 June
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Higgidy goes into the red despite soaring sales of premium pies
Higgidy has recorded another year of double-digit sales growth
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Tate & Lyle blames EU for soaring losses
Annual losses have ballooned at Tate & Lyle, with the company blaming an EU sugar regime that favours its competitors