latest – Page 197
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Treasury Wine Estates hit by AU$100m loss
Troubled Australian wine company Treasury Wine Estates has seen profits tumble by 30% following a “challenging” year that saw it lose $100m.
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Symington's reports falling profits amid 'challenging' UK market
Pinched consumers, the cost of promotions and the rise of the discounters have led to slump in full-year profits at Symington’s.
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Heineken beer volumes boosted by the World Cup
Heineken saw overall beer volumes rise 3.1% and a “mid-single digit” figure in the UK as the World Cup and warm weather helped boost first half trading.
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Imperial Tobacco reports a 1% slide in global sales
Imperial Tobacco Group said today it remained on course to acquire a range of US cigarette brands as it reported a 1% fall in global revenue for the first nine months of the year.
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Andy Clarke: Asda staff morale 'not as bad as I had feared'
Staff morale at Asda is holding up better than expected in light of its ongoing in-store management restructure…
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Raisio blames sales slump on flailing Honey Monster
Raisio Group has reported further losses and sales decline in its troubled UK business…
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Asda sales grow 0.5% in second quarter
Asda’s like-for-like sales grew 0.5% in the 10 weeks ending 30 June, it revealed today.
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Kerry Group battles changing shopping trends to post first-half profit growth
Irish food supplier Kerry Group overcame fickle UK shoppers and turmoil in its emerging markets businesses to grow profits in the first six months of 2014.
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Waitrose sales struggle to match 2013's golden summer
Waitrose has experienced a dramatic sales slowdown this summer, according to its publicly released figures…
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Greggs one of biggest risers on FTSE thanks to strong first half
Trading improved significantly in the second half of last year…
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AB InBev scores World Cup beer boost in Q2
Beer sales during the World Cup boosted the UK fortunes of Belgian brewery giant AB InBev.
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Diageo sales growth stalls as emerging markets weaken
Weakness in emerging markets has continued to affect the performance of Diageo, which today reported a “mixed performance” in the year to 30 June.
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Strong pound dents British American Tobacco’s revenues
British American Tobacco saw first half headline revenues decline by 10% after being hit by adverse exchange rate movements.
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Revamped coffee and sandwiches help drive Greggs profit surge
Greggs has reported an almost 50% rise in first half pre-tax profit after diversifying its product range
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PZ Cussons defies currency headwinds to post profit growth
Soap maker PZ Cussons has recorded a 7% rise in full year profits despite negative currency movements and unrest in Nigeria.
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Reckitt Benckiser spins off pharma to focus on consumer goods
Reckitt Benckiser is to spin off its pharmaceutical division to concentrate on its core business of consumer goods.
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African demand boosts SABMiller’s global volumes
SABMiller’s first quarter global drinks volumes grew by 3%, driven by increased demand in South Africa and the African region.
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Vimto maker Nichols reports half-year profit boost
Vimto brand owner Nichols has reported a double-digit increase in half-year profits – boosted by strong UK sales.
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Britvic raises profit forecast as fizzy drinks sparkle
Britvic has raised its profit forecast for the full year after enjoying strong fizzy drink sales in the third quarter.
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Coca-Cola revenues slide despite World Cup boost
Coca-Cola reported a fall in second quarter revenues and profits despite a huge marketing effort around the FIFA World Cup.