latest – Page 187
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NewsAssociated British Foods nudges up guidance on weakening pound
Associated British Foods expects its performance for the year to 27 February to be marginally better than previously indicated given the recent weakening of the pound.
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NewsAsda to 'move fast' on biggest-ever range overhaul
The supermarket announces Q4 like-for-likes down 5.8% and yearly sales down 4.7%
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NewsCity snapshot: Coca-Cola HBC beats earnings expectations on margin expansion
Coca-Cola HBC shares on the up as it beats expectations, plus The Grocer has stories on Kraft Heinz and Propercorn and Tesco bid rumour drives Morrisons share price boost.
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NewsNestlé shares fall on lower than expected growth
Nestlé shares dropped by almost 4% today after missing its full-year growth target and reporting a significant fall in profitability.
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NewsTreasury Wine profits rise on Asian demand
Treasury Wine Estates has doubled profits in the first half of its 2016 financial year on the back of soaring sales in Asia.
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NewsL’Oréal sees ecommerce sales soar by 62.5%
The health and beauty group has ramped up investment in digital content, particularly apps
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NewsTesco shows Irish upturn as grocery market continues strong recovery
The Irish grocery market has grown 3.8% over past 12 weeks according to Kantar Worldpanel
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NewsStrong fourth quarter sends Reckitt Benckiser shares up 7%
A strong performance in Reckitt Benckiser’s (RB) consumer health division helped fourth quarter sales beat expectations and drive the fmcg giant’s shares 7% higher today.
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News99p Stores losses balloon in run up to Poundland sale
Losses at 99p Stores grew to £11m and sales went into reverse in the run up to Poundland acquiring the business last year,.
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NewsKitwave enters ranks Big 30 ranking as wholesalers boost profits
Big 30 pre-tax profits rise 8.1% on total sales up 2.4%
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NewsTrewithen continues rapid growth despite challenges in dairy
Cornish processor Trewithen Dairy has continued its rapid expansion with another year of double-digit growth
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NewsQV Foods hit hard by low potato prices
Supermarket price pressure and dwindling potato consumption have hit fresh produce supplier QV Foods
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NewsPernod Ricard reports 3% first half organic growth
Pernod Ricard has delivered “solid” first half results as the spirits maker saw 3% organic sales growth in the six months to 31 December 2015.
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NewsBakkavor international sales surge
CEO Agust Gudmundsson said the deal to regain control of the ready meals supplier last month marked a turning point for Bakkavor.
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NewsTate & Lyle share plunge on commodities weakness
Shares in Tate & Lyle have dropped by 5.9% today after the sucralose maker warned that weak commodity prices would hit 2016 profits.
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NewsImperial Brands volumes dragged down by Middle East troubles
However, price increases helped to offset volume declines and push up revenues 10% in the first quarter to £1.6bn.
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NewsCarlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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NewsCoca-Cola reports earnings progress despite global revenue fall
Coca-Cola has reported a 4% drop in reported net revenues for 2015 after a fourth quarter slowdown.
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NewsAssociated British Foods targets full ownership of Illovo Sugar
Associated British Foods confirmed today it has held discussions over the minority stake in Illovo Sugar
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NewsPaynes Dairies back in the black after cutting farmgate prices
Paynes Dairies has returned to profit after spending two years in the red as it renegotiated the price it pays farmers