latest – Page 166
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BrewDog profits slip as it invests in boosting capacity
The fastest-growing company in The Grocer’s Fast 50 reported another year of stellar growth, with revenues rising 51%
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David Wood resurgent after factories revamp
The own-label bakery has grown rapidly from a standing start in 2008, breaking into the latest Grocer Fast 50 at number 2
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M&S growth is flat but update 'better than feared'
M&S shares jumped 3.8% to 436.2p on Thursday morning – touching the highest level since early January
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The Co-op pledges continued investment in quality as price cuts set to hit £200m in 2016
Group CEO Richard Pennycook has also volunteered to take a 60% pay cut
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Co-op’s full year food like for like sales up by 1.6%
The Co-op said its core convenience business grew ahead of the market after investment in price and products
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Profits edge down at BrewDog after year of big investments
Self-styled “punk” brewer BrewDog has reported a 51% rise in revenues in 2015, but profits edged down after overheads almost doubled.
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Boots increases high street sales over Christmas
Boots has increased UK high street sales in the second quarter thanks to a strong performance for its Christmas ranges and No7 brand.
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Hilton Food boss backs Tesco farm range as profits soar
Hilton Food Group profits jump 11% thanks to ongoing Tesco recovery with the boss of the red meat supplier backing the supermarket’s new farm-based range.
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City snapshot: Fourth quarter like for likes down 2.5% at Booker
Tobacco sales continued to be adversely impacted by the ban on small store display
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AG Barr shrugs off sugar tax worries
Shares in the group are down 5% since George Osborne revealed sugary drinks would be face a levy
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City snapshot: AG Barr to focus efforts on sugar reduction as profits grow
The share price has slipped 0.4% since the markets opened this morning to 517.2p
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Easter sales predicted to grow 3.7% to £775m this year
Two-fifths of shoppers will visit a discounter for Easter eggs and dinner ingredients
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How the sugar tax will hit soft drinks pricing
Britvic would escape taxation on 63.5% of its range, compared with 49.7% for Coca-Cola
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Tayto owner Manderley reports higher earnings but sales drop
The owner of Northern Irish snacks manufacturer Tayto has reported a boost in earnings despite a sales drop in a “challenging” market.
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Majestic Wine-owned Naked Wines hits £100m of annual sales
The company’s now has more than 300,000 ‘mature’ angels – customers who have been customers for over four months
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Lily O’Brien’s finding life sweet in the UK
Irish chocolatier Lily O’Brien’s has taken a bigger bite out of the UK retail market with sales in the country jumping 30% in 2015.
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Moy Park posts 1.4% full year sales growth on stronger volumes
Northern Irish Poultry producer has posted a 1.4% full year revenues increase in 2015 after 6.7% volume growth and strong trading in the UK.
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City News: Soft drinks producers up in arms
Osborne’s levy on high-sugar soft drinks caused an immediate sell-off of UK-listed beverage firms
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Authentic Food Company sales up following Heinz Dundalk deal
Sales at Authentic Food Company jumped 20% to close in on £50m following acquisition of frozen factory from Heinz…
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2 Sisters warns over Brexit uncertainties
UK food giant 2 Sisters has warned of the “uncertainty” leaving the EU would place on the food sector.