latest – Page 214
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City News: Danone and Nestlé cheer investors
Investors still depressed by the results from Danone and Nestlé were cheered this week by Unilever and Reckitt Benckiser….
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Ambrosia, Oxo and Batchelors help boost Premier Foods sales
Premier Foods has reported rising sales for the third quarter.
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C&C Group announces drop in core cider sales
Core cider sales at Magners owner C&C Group have fallen in the six months to the end of August.
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Leiths meals are a hit with Asda shoppers
Asda’s partnership with Leiths School of Food and Wine is already paying dividends, with sales of its Extra Special range soaring…
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Branded cider growth grinds to a halt
The once-booming branded cider market has slowed to a halt this year…
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Fizzy drinks and flat sales in China dominate City news
It’s been a big week for soft drinks businesses, including results from both The Coca-Cola Company and PepsiCo…
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Mars Chocolate reports drop in profits for second year
Profits at Mars Chocolate have slipped for a second year running despite a big improvement in sales…
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Sales growth slows at Nestlé
Nestlé has reported a small deceleration in quarterly sales growth as demand from emerging markets slowed.
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Booker sets its sights on £6bn sales post-Makro deal
Booker has laid out plans to transform itself into a £6bn business if its acquisition of Makro receives clearance from the competition authorities.
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Own-label alcohol sales growth beats brands in every category
Sales of own-label alcoholic drinks have soared over the past 12 months - with growth exceeding that of brands…
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City News 6/10/12
Tesco shares took another knock this week after it reported a 12% drop in group pre-tax profits to £1.66bn…
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Brakes passes on inflation to boost profits
Brakes Group has reported improved first half profits after passing on cost inflation to its customers…
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Asda accounts show profits up 2% in 2011
Asda posted a 1.9% rise in pre-tax profits for 2011, according to account filed at Companies House.
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Tesco turnaround plan takes toll on profits
Tesco is showing signs of life thanks to its £1bn turnaround plan - but at the cost of its first fall in group profits for almost 20 years.
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Aldi rockets into profit after stunning 2011
Aldi has revealed a stunning financial turnaround after returning pre-tax profits of £70.5m for 2011 - compared to a £56.9m loss the year before.
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City News 3/10/12
The economic crisis in southern Europe took the shine off Compass Group’s trading update on Thursday…
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Hornby derailed by retailers’ Olympic discounting
Toy maker Hornby has issued a profit warning after admitting sales of Olympic merchandise were lower than expected.
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P&H price match pays off as non-tobacco lines smash target
Palmer & Harvey has smashed its sales targets for core non-tobacco lines to report 11.5% growth across the 600 products…
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Sales of organic onions and parsnips show healthy growth
Celebrity chefs such as Marco Pierre White may castigate organic food as the preserve of the “smug”…