latest – Page 185
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NewsElla's Kitchen into the red but sales and profits rise
The one-off cost stemmed from the write-off of a loan between the UK company and US cousin Ella’s Kitchen Inc, which was formed following the sale to Hain Celestial in May 2013
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NewsCity News: Diageo's pain is SABMiller's gain
There were contrasting fortunes for the UK’s largest listed alcohol firms on Thursday…
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NewsJim McCarthy: Poundland's growth is not dependent on 99p Stores
Poundland’s rate of store openings slowed during the previous financial year, giving it 547 UK stores
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NewsTayto sales and profits boosted by Golden Wonder resurgence
The sales improvement is partly due to the rebound of the Golden Wonder brand, which has seen double-digit sales value rises recently after coming under Tayto ownership in 2006
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NewsNestlé beats Q1 expectations with sweet organic sales growth
Food behemoth Nestlé registered sales of CHF20.9bn (£14.6bn) in its first quarter thanks to organic growth being ahead of expectations at 4.4%.
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NewsBernard Matthews reduces annual losses as cost cutting takes effect
Turkey giant Bernard Matthews experienced a “significant improvement” in the performance of its UK business during the 12 months to 29 June 2014, despite a fall in revenues of £39.9m to £306.8m.
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NewsDiageo shares drop following sales decline in many markets
Diageo’s share price fell almost 3% today after the drinks giant reported declining sales in many regions. -
NewsCurrency issues drive 2% drop in SABMiller reported revenues
SABMiller’s group net producer revenue (NPR) grew 4% in the financial year from April 2014 to March 2015, the company announced in a trading update today.
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NewsWH Smith profits rise in face of falling sales
Sales have dipped while pre-tax profits continued to grow at high street retailer WH Smith, according to its interim financial results released today.
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NewsPoundland sales break through £1bn despite fourth quarter slowdown
Sales at Poundland soard through the £1bn barrier last year after the fixed price discounter achieved an 11.8% revenue boost on a constant currency basis.
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NewsCarrefour sees 3.2% first quarter sales growth
French hypermarket chain Carrefour has seen revenues grow by 3.2% on an organic basis (ex petrol) in the first three months of 2015.
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NewsCity News: Rollercoaster ride for Poundland as CMA investigation steps up
The announcement caused an immediate plunge in Poundland’s share price before bouncing back minutes later
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NewsCranswick finishes year with ‘strong’ quarter
Listed meat supplier Cranswick has finished the year with a “strong” quarter as underlying sales rose by 1%.
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NewsThe Co-operative Group reports improved results on back of disposals
Underlying operating profits rose 1.5% to £251m thanks to the society’s ongoing True North strategy which saw it make cost savings of £93m
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NewsYoung’s Seafood boss insists it's business as usual despite sale rumours
In an exclusive interview with The Grocer, Young’s Seafood boss Pete Ward has insisted it’s business as usual at despite sale rumours and tough market conditions for frozen foods.
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NewsTate and Lyle reassures the market ahead of full year results
Sucralose producer Tate & Lyle has seen its stock rise 2.3% so far today to 622p on the back of a pre-close trading update for the fourth quarter.
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NewsM&S shares soar as food sales grow and clothing turns a corner
Shares in Marks & Spencer have shot up to a new seven-year high as the group revealed it performed ahead of the grocery market in the fourth quarter and reversed 14 straight quarters of declining fashion sales.
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NewsSteep fall in Scotch exports
The SWA said the decline – following flat value sales in 2013 – had in some areas been a result of political volatility and changes in stock levels
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NewsTreatt stock jumps on positive first half update
Shares in listed ingredients group Treatt jumped 3% today to 144.7p as it reported “solid” revenue growth in its first-half compared with a year ago, with profits also up.
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NewsDrambuie sales suffer as revenues fall in US and Europe
If currency fluctuations were stripped out, it would have meant a 4% rise on the previous year, according to newly filed accounts