latest – Page 193
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NewsKellogg sales and profits hit by strong US dollar
Profits at Kellogg Co slumped more than 8% in the third quarter as sales at the US cereal manufacturer missed expectations
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NewsIncreased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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NewsKerry shares slip despite rising volumes
Kerry Group has increased volumes in the third quarter as its ingredients business made strong gains in Asia and the consumer foods division shrugged off challenging conditions.
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NewsEnglish wine set to break records following 'Indian summer'
An unusually sunny autumn has brought predictions that English wine growers will enjoy a record-breaking harvest
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NewsHalloween sales growth 'unlikely' due to competitive pricing
Price competition could threaten Halloween sales growth this year
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NewsJack Fulton and Fultons Foods suffer 50% fall in profits
Frozen Value, which trades as Jack Fulton and Fultons Foods, saw pre-tax profits plunge in 2014
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NewsWalgreens Boots snaps up US rival as sales and profits rise
Walgreens Boots Alliance has agreed a $17.2bn (£11.2bn) takeover of US rival Rite Aid. It comes as the global pharmacy and health giant filed big jumps in sales and profits for the past year thanks to last year’s mega-merger.
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NewsScathing external review puts spotlight on First Milk ahead of AGM
The troubled co-op is due to hold its agm on Thursday (29 October)
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NewsEmerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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NewsBritish American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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NewsPizza Express hits £100m of retail sales
Pizza Express has surpassed £100m of brand retail sales for the first time as overall full-year group revenues rose 9.5%.
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News2 Sisters invests £150m to drive poultry turnaround
2 Sisters has announced a £150m in its poultry business to “revolutionise” its supply chain as it seeks to return to growth after a year of restructuring
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NewsCott Beverages feels effect of own-label soft drinks decline
Revenues have fallen 3% at Cott Beverages as the UK market for own-label soft drinks declined
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NewsVita Coco coconut water sales rocket despite Innocent entry
Growth at coconut water brand Vita Coco has continued to rocket despite Innocent muscling into the category
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NewsBurton's Biscuit Co sales hit by failed UB takeover
Wagon Wheels manufacturer Burton’s Biscuits suffered a sharp drop in sales in its first year under Canadian ownership, as its attempts to grow through acquisitions were thwarted.
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NewsJempson's back in the black after sale of Hawkhurst store
East Sussex indie Jempson’s has returned to profit following the sale of its Hawkhurst store to Musgrave Budgens Londis
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NewsHeinz Beanz and sauces growth makes up for sagging soup sales
Heinz Beanz and sauces both saw strong growth in the UK last year to help boost profit margins and negate the impact of a sharp drop in soup sales.
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NewsReckitt beats City forecasts and ups full year sales target
Reckitt Benckiser has topped City expectations after recording a 7% jump in like for like sales during the third quarter.
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NewsVita Coco expands rapidly in UK
Sales and profits at coconut water brand Vita Coco have rocketed in the UK as consumers increasingly look to healthier alternatives to sugary drinks.
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NewsDeals and discounters fuel UK growth at R&R Ice Cream
Ice-cream maker R&R Ice Cream has reaped the benefits of consolidation and the growth of the discounters as sales and profits in the UK soared by 25% and 90% respectively.