latest – Page 184
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NewsC&C Group sales climb despite challenging environment
C&C also revealed a €67.8m loss due to a €150m impairment charge related to its US operations
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NewsCoca-Cola HBC boosts FTSE 100 as first quarter sales fizz
Coke bottler Coca-Cola HBC helped drive the FTSE 100 higher this morning after posted an unexpected rise in first-quarter sales.
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NewsAles By Mail brewing huge growth
On the back of 88% growth in Q1, the online beer retailer launches first pop up beer shop in London
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NewsBargain Booze sales slip, but Conviviality profits rise by 2.3%
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, but a dip in like-for-like sales as it fought against a slower than expected rate of store openings and heavy discounting in the alcohol retail sector.
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NewsMorrisons share shorting points to City jitters over recovery
Figures from financial information specialist Markit show the proportion of Morrisons stock out on loan reached 13.7% on 29 April, up from 12.4% at the beginning of the month
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NewsKettle Foods notches up 31% pre-tax profit increase
Newly filed accounts at Companies House reveal Kettle Foods’ pre-tax profit leapt from £9.2m to £12.1m, with turnover rising from £81.3m to £84m in the year to 31 July 2014
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NewsImperial Tobacco sees benefits of savings
The company’s cost optimisation programme is on track to deliver further incremental savings of £85m in the full year
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NewsMetro Group’s sales rise 2.5% in second quarter but losses widen
German supermarket Metro Group has reported growing sales in its second quarter, but the negative impact of currency movement helped its losses expand to €394m during the period.
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NewsPrice war set to drive M&A consolidation, warns Grant Thornton
UK M&A volumes held up in the first quarter of 2015, but deal values were significantly down as small-scale consolidation dominated the market.
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NewsBirds Eye sales slump as Nomad steps in
Newly filed accounts at Companies House for the UK business revealed pre-tax profits plunged more than £20m (26%) to £62.7m on sales down 4.6% to £446.3m in 2014
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NewsChicken and beef at forefront of fresh/chilled price deflation
Data from mySupermarket revealed average retail prices for fresh and chilled meat fell in March 2015, with fresh whole chickens showing the biggest year-on-year decline
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NewsThornton's UK commercial sales decline thanks to unnamed specific customer
UK commercial sales declined 6.1% because of fewer orders from one specific customer, which analysts have speculated is Tesco, while sales in retail fell 5.4% to £27.7m
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NewsGreggs share price soars after sales uplift
Shore Capital analysts Darren Shirley and Clive Black reiterated a “buy” rating on the stock
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NewsABF: Kingsmill loaves lost from Tesco have already been replaced
FD John Bason said the Allied Bakeries subsidiary had already replaced the lost business
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NewsDivine Chocolate hits its highest profit since 2008
It attributed the increase to NPD such as its Milk Chocolate with Toffee & Sea Salt bar, as well as strong sales in the US
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NewsScotmid warns of 'challenging market' despite sales boost
Scotmid has reported a 1.2% increase in total sales for the year to 31 January 2015.
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NewsLincolnshire Co-op says profits up £1m, pays out £2.2m dividend
The society said sales in the six months to March were boosted by its Love Local range of products from local suppliers, which increased sales by 22%
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NewsHeineken impresses in Americas and Asia Pacific with strong growth
The group’s total sales were up 8.1% to €4.83bn before currency exchange rates. In the Americas, that growth rate was 18%, while in Asia Pacific, it was 21%.
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NewsTesco posts worst results in its history with £6.38bn loss
However Tesco said its trading profits were in line with expectations at £1.4bn, while UK like-for-like sales volumes rose for first time in over four years
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NewsAssociated British Foods stock falters as sugar woes hit
Shares in Associated British Foods have slipped back 4.7% to 2,735p