more results news & analysis – Page 148
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Young's boss insists business is 'performing solidly'
CEO Bill Showalter insists business is on sound financial footing amid claims of ‘broken’ capital structure
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Branston profits hit by surging potato prices
Sales were up 23% to £123.3m in 2016, according to full-year accounts to 31 July 2016
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City snapshot: Tesco posts first full-year UK sales rise for seven years
Tesco has posted its first full-year like-for-like UK sales growth since 2009/2010 as the supermarket’s recovery under CEO Dave Lewis continues to gather pace
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Spar wholesaler Henderson sees record financial year
Henderson increased pre-tax profits by 11% to £24m and invested a record £34m throughout retail infrastructure and employment
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Tayto Group sees profits slump on sales decline and investment
Pre-tax profits at Tayto Group more than halved to £3.1m last year as sales declined and the Northern Irish snack maker continued to invest in the business.
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Bidfood profits soar 12% as it slashes administration costs
BFS Group, parent company of Bidfood, has reported a pre-tax profits rise of 12% to £45.9m for the year to the end of June 2016
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Halewood International back in profit
Despite sales falling by £16m to £215m, the group secured a £2.6m profit, up from a loss of £8.2m the previous year
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Walgreens Boots revenues slump despite 'solid' Christmas for UK stores
A Christmas sales boost at Boots in the UK was not enough to stop a decline in group revenues at parent Walgreens Boots Alliance during the second quarter.
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Booker shares fall as Tesco shareholders protest merger
It comes as Booker reported a strong end to its financial year
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Yoplait sales fall as yoghurt lovers exit traditional formats
Yoplait blamed “category slowdown” and changes to promotional strategies and market dynamics for the sales drop
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Hilton Food Group profits rise by 18.4% after 'strong year'
Tesco supplier’s operating profit climbed from £29m to £34.3m, and revenue rose 12.8% to £1.2bn
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Birds Eye owner Nomad falls to a Q4 loss but says conditions improving in the UK
Birds Eye and Findus owner Nomad Foods recorded a loss in the fourth quarter of 2016 but the decline in the UK market slowed as the group battled to turnaround its performance in the challenging frozen market.
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City snapshot: Booker’s non-tobacco like for likes up 4.7% in fourth quarter
Booker Group has a reported a strong end to the year, with non-tobacco group like-for-like sales up 4.7% in the fourth quarter ahead of its £3.7bn buyout by Tesco
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AG Barr profits sparkle as Irn Bru maker cuts sugar across its range
Shares in the Irn-Bru maker fizzed 2.2% higher to 559.5p on the back of its results in the year to 28 January.
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City snapshot: Tesco fined £129m for profit overstatement scandal
Tesco (TSCO) has announced this morning it has agreed with the UK Serious Fraud Office to pay a £129m fine to avoid prosecution for its 2014 accounting scandal
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Science in Sport makes gains in supermarket sector
Sports nutrition specialist Science in Sport grew its UK grocery sales by 25% last year as the category receives more shelf space in the traditional supermarkets.
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Fever-Tree to take on Coke in US dark spirits battle
Premium mixer brand Fever-Tree is targeting winning market share from the North American soft drinks giants as it looks to build the US into its largest market.
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2 Sisters blames rising input prices for £2.5m loss
2 Sisters slipped back into loss in the second quarter as rising input prices slashed margins at the UK food giant
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Fever-Tree shares lose momentum on 'encouraging' growth
Fever-Tree became a victim of its own success this week as shares lost some sparkle on Tuesday
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City snapshot: Higher input prices hit profits at 2 Sisters
2 Sisters Food Group owner Boparan has reported a £2.5m loss in the second quarter to 28 January despite a rise in like-for-like sales