latest – Page 225
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NewsCo-op Group loses £559m as banking woes bite
The Co-operative Group’s food business has reported a 1.1% fall in half-year like-for-like food sales, but banking woes hit the society hard.
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NewsBaking a Mary Berry sponge will cost an extra 27p this season
The return of The Great British Bake Off this week brings with it at least two certainties…
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NewsHain Celestial chalks up record UK sales
Fmcg giant Hain Celestial chalked up record UK sales in its fourth-quarter and full-year results, it announced yesterday.
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NewsCarlsberg profits drop in second quarter
Carlsberg said today its full-year sales and profits forecast remained unchanged despite lower than predicted pre-tax profits in the second quarter.
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NewsGlanbia sales rise 13% despite Dairy Ireland challenges
Glanbia has posted a 13% increase in turnover, driven by its Global Performance Nutrition business, but admits that challenges remain in its Dairy Ireland division.
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NewsHeineken sales dip as European beer market remains sluggish
Heineken has reported a fall in organic group sales in its half yearly results, down 1%, as volumes of beer continued to slide across Western Europe.
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NewsConviviality Retail hails success of stock market float
Conviviality Retail CEO Diana Hunter is delighted with the company’s performance since floating on AIM…
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NewsAsda explains discrepancy in Walmart Q2 figures
Asda’s parent company Walmart created confusion over the retailer’s second quarter results last night after reporting weaker figures than Asda had provided earlier in the day.
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NewsAsda sales growth slows in second quarter
Asda’s like-for-like sales grew 0.7% in the second quarter, down from 1.3% in the first three months of the year, it said today.
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NewsLeaner Bakkavor grows profits and turnover
Ready-meal maker Bakkavor grew like-for-like sales by 6% in the second quarter, after selling off its French and Spanish businesses.
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NewsQuality improvements fuel buoyant outlook for e-cigarette market
The UK electronic cigarette market will grow from just £48m last year to £339m by the end of 2015…
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NewsKerry Foods posts growth despite drag on frozen meals
Kerry Foods’ frozen meals felt the impact of the horsemeat scandal in the first half of the year, but didn’t stop the ciompany recording a 12.2% rise in profits.
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NewsGreggs targets food on the go as it blames weather for sales hit
Profits at Greggs fell nearly 29% in the first half of 2013, the high-street baker revealed today, as it outlined plans to seize more of the ‘food-on-the-go’ market.
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NewsDiageo profits jump 8% on back of emerging markets and spirits
Premium spirits and continued strength in emerging markets helped Diageo offset a “challenging” performance in Europe, the company reported today.
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NewsCranswick turnover rises 10% as pork sales soar
Cranswick has reported a 10% uplift in Q1 turnover but operating margins have taken a hit due to higher input costs, and the start-up costs of a new gourmet pastry facility.
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NewsHeatwave helps AG Barr and Britvic shares climb
The heatwave has given investors in Britvic and AG Barr reason to cheer after their merger deal collapsed…
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NewsWincanton trading 'on track' despite 'competitive pressures'
Wincanton has said its trading for the past three months has been in line with expectations, despite “competitive pressures” in the marketplace.
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NewsUnilever sales rise 5% as growth slows in emerging markets
Economic ‘headwinds’ in emerging countries have slowed down Unilever’s growth, it said today, as the fmcg giant warned of sluggish conditions continuing to hit its major markets.
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NewsCompass Group sales buoyed by US as Europe struggles
Compass Group has reported third-quarter sales growth of 4%, buoyed by strong performances in the US and emerging markets.
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NewsWilkinson's profits rise 21% but fall short of expectations
Pre-tax profits at Wilkinson have risen 21% to £27.5m in the past year but came in lower than expected, the retailer has said in its annual review.