latest – Page 194
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NewsGlanbia profits report double-digit growth
Nutrition group’s pre-tax profit before exceptionals up 23.5% to €125.5m (£89.1m)
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NewsCarlsberg's reported profits tumble 12% amid warning
The brewer’s beer volumes sold in Eastern Europe fell by 18%, which resulted in a 5% fall worldwide
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NewsAsda suffers 4.7% second quarter sales slump
Asda’s second quarter like-for-like sales have plunged by 4.7%, declining further from the 3.9% drop it experienced in the first quarter.
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NewsEmmi upgrades earnings forecast after beating first half expectations
Swiss food group Emmi beat revenue expectations in the first half of 2015 despite sales slipping 3.8% to CHF1.56bn.
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NewsNestlé shrugs off troubles to beat second-quarter predictions
Nestlé shrugged off any lingering concerns over the impact of its Maggi noodles health scare in India…
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NewsNestlé growth buffeted by currency headwinds
Organic growth in developed markets accelerated to 2.2% and it saw 7.3% organic growth in emerging markets
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NewsOwn label booming for Bakkavor
Profits are up from £2.9m to £6.2m on revenue up 3% from £842.1m to £846.4m
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NewsMusgrave Group cuts losses by €100m as it awaits decision on GB sale
Musgrave Group is still awaiting a decision from the UK Competition and Markets Authority
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NewsProfits sour further as Real Good Food looks to put sugar woes in the past
Real Good Food has reported widening losses in a year dominated by the market issues in sugar. The group said the “transformational” disposal of Napier Brown had now created a “strong” financial platform for future growth.
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NewsStrong dollar hits Kellogg’s revenues
Kellogg’s has reported a 5.1% fall in second quarter net sales, but insists it is building momentum after a “difficult” 2014.
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Beer volume growth sends Heineken half year revenues up 2%
Group revenues at Dutch brewer Heineken grew by 2% organically in the first six months of the year on improving beer volumes.
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NewsGreggs eyes growth potential of opening for longer on Sundays
A relaxation of Sunday trading laws could give a further boost to fast-growing Greggs, CEO Roger Whiteside has claimed…
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NewsMcColl's confident in premium c-store plan despite flat sales
McColl’s Retail Group boss James Lancaster believes the retailer’s convenience-led strategy has been vindicated…
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NewsSecond quarter revenues up 3.2% at Delhaize
Belgian supermarket group Delhaize has reported solid revenue and profit growth in the second quarter.
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NewsDiageo profits rise despite sales falling flat again
Profits have poured in at Diageo in its financial year to the end of June – up 8% before tax to £2.9bn. However, organic net sales were flat, while volumes declined by 1% as it struggles in emerging markets continued for a third year.
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NewsTate & Lyle reassures market with “solid” start
Investors flocked to Tate & Lyle to send its shares up 6.7% after the ingredients group reassured the market with a steady first quarter trading update.
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NewsGreggs shares punch past £12 on more strong growth
A seventh quarter of unbroken growth at Greggs saw shares in the high street chain leap by more than 60p to break past £12 each as sales in the first half touched close to £400m.
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NewsGreencore sales climb as food-to-go continues to shine
New product lines at Greencore’s £35m Northampton factory have contributed toward the growth of the sandwich maker’s food-to-go business in the UK during its third quarter.
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NewsReckitt Benckiser raises earnings forecast after solid first half
Consumer products group Reckitt Benckiser (RB) saw first half revenues edge up 1% to £4.36bn despite currency headwinds.
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NewsCranswick revenues climb thanks to “strong” volume growth
Meat supplier Cranswick has registered a robust start to its new financial year, with sales in the first quarter up 8% as volumes jump 7%.