latest – Page 215
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NewsEmmi cuts earnings forecast after poor trading in Italy
Swiss dairy group Emmi’s shares opened 6% lower this morning after it downgraded its full-year earnings forecast.
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NewsMoy Park on course for IPO before the end of the year
Moy Park is already in the “advanced stages” of its IPO preparations and on course to float on the Stock Market…
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NewsPoundland execs decide against bonuses despite successful year
Poundland executives have elected to receive no bonus despite a year of double-digit sales growth and a landmark IPO…
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NewsCo-op Bank making ‘progress’ despite £75.8m loss
The Co-operative Bank has said it is making progress towards stability despite reporting a loss before tax of £75.8m for the six months to 30 June 2014.
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NewsWH Smith short sellers may yet be caught out
A stark split of opinion has emerged in the City over the prospects for WH Smith…
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NewsTreasury Wine Estates hit by AU$100m loss
Troubled Australian wine company Treasury Wine Estates has seen profits tumble by 30% following a “challenging” year that saw it lose $100m.
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NewsSymington's reports falling profits amid 'challenging' UK market
Pinched consumers, the cost of promotions and the rise of the discounters have led to slump in full-year profits at Symington’s.
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NewsHeineken beer volumes boosted by the World Cup
Heineken saw overall beer volumes rise 3.1% and a “mid-single digit” figure in the UK as the World Cup and warm weather helped boost first half trading.
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NewsImperial Tobacco reports a 1% slide in global sales
Imperial Tobacco Group said today it remained on course to acquire a range of US cigarette brands as it reported a 1% fall in global revenue for the first nine months of the year.
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NewsAndy Clarke: Asda staff morale 'not as bad as I had feared'
Staff morale at Asda is holding up better than expected in light of its ongoing in-store management restructure…
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NewsRaisio blames sales slump on flailing Honey Monster
Raisio Group has reported further losses and sales decline in its troubled UK business…
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NewsAsda sales grow 0.5% in second quarter
Asda’s like-for-like sales grew 0.5% in the 10 weeks ending 30 June, it revealed today.
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NewsKerry Group battles changing shopping trends to post first-half profit growth
Irish food supplier Kerry Group overcame fickle UK shoppers and turmoil in its emerging markets businesses to grow profits in the first six months of 2014.
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NewsWaitrose sales struggle to match 2013's golden summer
Waitrose has experienced a dramatic sales slowdown this summer, according to its publicly released figures…
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NewsGreggs one of biggest risers on FTSE thanks to strong first half
Trading improved significantly in the second half of last year…
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NewsAB InBev scores World Cup beer boost in Q2
Beer sales during the World Cup boosted the UK fortunes of Belgian brewery giant AB InBev.
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NewsDiageo sales growth stalls as emerging markets weaken
Weakness in emerging markets has continued to affect the performance of Diageo, which today reported a “mixed performance” in the year to 30 June.
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NewsStrong pound dents British American Tobacco’s revenues
British American Tobacco saw first half headline revenues decline by 10% after being hit by adverse exchange rate movements.
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NewsRevamped coffee and sandwiches help drive Greggs profit surge
Greggs has reported an almost 50% rise in first half pre-tax profit after diversifying its product range
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NewsPZ Cussons defies currency headwinds to post profit growth
Soap maker PZ Cussons has recorded a 7% rise in full year profits despite negative currency movements and unrest in Nigeria.