latest – Page 34
-
NewsCity snapshot: Marston’s optimistic about future as a focused pub group
Marston’s has outperformed the market and pointed to significant opportunities ahead as a focused pub group.
-
NewsPepsiCo cuts sales outlook due to weakening demand
The fmcg giant saw volumes slip in the third quarter across most divisions
-
NewsCity snapshot: Greencore upgrades profit forecasts after ‘outstanding performance’ in Q4
Profits at Greencore will be ahead of expectations thanks to “an outstanding performance” in the final quarter of its financial year. Plus, trading updates from Imperial Brands and Cooks Coffee, the latest data from Kantar, BRC and Barclays, and Gusbourne secures additional funding
-
NewsFramptons back in profit 18 months after £5m cash injection
Plant-based co-packer Framptons has completed a remarkable turnaround by returning to profit less than 18 months after it sought a £5m cash injection to ensure its survival
-
NewsAlt-meat brand This losses continue as it pushes for profitability
Alt-meat producer This has reiterated its plan to hit profitability this year after failing to stem widening losses in its latest accounts
-
News‘Back to the future’ as volumes fall at big 50
Volumes at the world’s largest consumer packaged goods companies tumbled for the first time in a decade last year as battered consumers sought out cheaper options in the face of constant price increases
-
NewsTesco shares race higher on profits upgrade and healthy dividends
Tesco increased group revenues 3.5% to £31.5bn in the 26 weeks ended 24 August
-
NewsBart Ingredients improves losses as price rises pass through to retailers
Inflation has proved tough on the herbs and spices manufacturer, which made a second consecutive loss in 2023
-
NewsKen Murphy ‘betting on’ bumper Christmas for Tesco as Finest sales surge
Tesco said sales grew by 4% to £31.5bn over the 26 weeks to 24 August, compared with the same period last year
-
NewsCity snapshot: Tesco raises profit expectations on strong first half
Tesco has upgraded profit forecasts for the year after boosting volumes by more than expected in the first half. Plus, a Q4 trading update from SSP Group
-
NewsMindful Chef narrows losses as it withdraws from retail
The meal kit provider was forced to radically trim costs last year ‘to align to the lower turnover levels’
-
NewsBooths hails ‘solid’ performance after customer investment pays off
Results were helped by ‘record’ Christmas sales and Booths’ investment in stores
-
NewsCity snapshot: Record sales as Shepherd Neame shifts focus away from off-trade
Britain’s oldest brewer Shepherd Neame has posted record revenues and a “good” uplift in profit as it pivoted away from the off-trade to focus on its pubs.
-
NewsFilippo Berio volumes hit by spike in olive oil prices
Filippo Berio has marked another “challenging year” as record olive oil inflation continues to weigh on profits
-
NewsFentimans sinks into the red as sales lose fizz
The group swung from a £610k profit to pre-tax losses of £656k in the year ended 31 December 2023 as revenues sank 7.6% to £39m
-
NewsAG Barr shares lose fizz despite Irn-Bru and Rubicon owner outperforming soft drinks market
AG Barr shares lost ground this week despite the Irn-Bru supplier reporting a strong set of first-half results in a challenging soft drinks market
-
NewsMorrisons makes turnaround headway but sales growth slows in Q3
Like-for-like sales growth has slowed at Morrisons in a ’noticeably softer’ third quarter as new CEO Rami Baitiéh continued his turnaround efforts
-
NewsVita Coco credits emerging ‘natural hydration’ trend for double digit sales growth
Sales of Vita Coco in the UK were up by 23% in 2023
-
NewsScotmid Co-op enjoys 40% surge in trading profit to £2.1m
During the six months to 27 July, Scotmid also reported an almost 1% rise in turnover to £214m
-
NewsHenderson Retail sees turnover jump 7.6% to £614.9m
The Spar retailer, which owns 100 supermarket, convenience, and forecourt stores across Northern Ireland, said its turnover was driven by strong grocery sales