latest – Page 4
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NewsDeliveroo records first-ever annual profit
Deliveroo co-founder and CEO Will Shu said the results show the company’s ‘strategy is working’
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NewsJollyes falls into the red after Asda owner buyout but sales growth remains healthy
Asda owner TDR Capital bought a majority stake in pet retailer Jolleys last year
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NewsCity snapshot: Cake Box to buy Ambala Foods with £7m of new shares
Ambala is a family-run manufacturer and retailer of Asian sweets. Also, Applied Nutrition announces joint business plan with Holland & Barrett
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NewsVimto eyes breakfast space to help fulfil growth ambitions
Owner Nichols is aiming to grow revenue by 30% over the next five years
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NewsCity snapshot: Vimto and Domino’s both deliver profits boost
Vimto owner Nichols saw profits jump after it switched to a higher-margin model in Africa. Domino’s profits grew but its situation remains sticky
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NewsVimto owner Nichols sees profits leap after African strategy shift
Nichols said it is switching to selling higher-margin concentrate in its African markets
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NewsGreggs shares sink on news of more flakey growth
Greggs took a hammering on the markets this week as investors were alarmed at the high street bakery chain’s continued slowdown in sales
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NewsPukka Pies profits decline amid attempted £100m sell-off
Pukka kicked off a process to potentially sell the business early last year
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NewsCity snapshot: Reckitt Benckiser shares down 2% after annual results
Reckitt Benckiser saw revenue and profit both fall last year as it looks to gather momentum with its turnaround. Also, Barry Williams is made permanent MD of Poundland
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NewsRadnor Hills doubles profits after convenience launch
Radnor Splash launched a new range this month to try and boost its presence in convenience stores
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NewsReckitt Benckiser sees sales and profits fall amid turnaround
Reckitt Benckiser’s shares hit an 11-year low in July but a turnaround strategy in the summer has seen it regain momentum
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NewsPermanent Poundland MD named as Pepco ‘explores’ sale
The Pepco Group board is ‘actively exploring separation options for Poundland, including a potential sale’
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NewsAvara sees losses grow to almost £50m in wake of major restructuring
The business also saw a near 12% fall in turnover, but stressed its restructure now left it with a ’more efficient and productive supply chain’
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NewsCampari beats expectations but warns ‘transitional year’ ahead due to tariffs
In the last three months of 2024, organic sales at the Aperol maker rose 3.4%
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NewsElla’s Kitchen sees 17-year run of unbroken sales growth come to an end
Revenues at Ella’s Kitchen have declined as branded babyfood pouches came under increased pressure from own label as parents looked to save money
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NewsGreggs CEO defends bakery chain’s health record
The chain hopes new foods like fish finger sandwiches, chicken wraps, and chicken burgers can help draw greater sales after 4pm
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NewsNomad Foods back on track after major tech disruption
Nomad Foods’ share price rose 5% on Monday after reporting its fourth-quarter results
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NewsCity snapshot: Greggs shares plummet 10% as slowdown continues
Greggs’ slowdown has been worrying investors since it posted disappointing results in January. Also, Bakkavor and Kitwave report strong annual results.
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NewsKitwave revenue grows 10% due to latest buying spree
The AIM-listed business completed the acquisition of three businesses last year
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NewsBakkavor delivers strong results despite strike disruption
Bakkavor has outperformed expectations as the prepared food business grew volumes ahead of the market in the UK