more results news & analysis – Page 149
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NewsSterling slump causes 14% drop in Coca-Cola European Partners' British sales
The recently formed Coca-Cola European Partners saw sales in Great Britain slide by 14% once translated into euros in 2016 as the collapse in the value of the pound hit reported revenues
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NewsFinsbury Food Group bets on Mary Berry to boost flat sales
Finsbury has turned to former Bake Off judge Mary Berry to sweeten sales with a new range of cakes as inflationary cost pressures squeeze the business.
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NewsManufacturing investment helps Sykes Seafoods post 9% annual sales rise
Manchester-based Sykes Seafoods has grown annual sales and profits after investment in its manufacturing base and a concentration on higher margin products.
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NewsSupermarket shorting on the rise despite retailer recoveries
Short trading in supermarket shares is picking up as worries mount over listed grocers coping with rising food prices
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NewsSainsbury's like-for-like decline is propped up by Argos
Like-for-like sales fell 0.5% at the supermarket in its fourth quarter
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NewsEfficiencies and weak pound boost earnings at Moy Park
Northern Irish poultry producer Moy Park has reported a four-fold increase in pre-tax profit despite the “economic turbulence” and “uncertainty” resulting from Brexit.
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NewsFourth quarter like for like sales up 7.4% at Moy Park as annual volumes increase
JBS-owned Norther Irish poultry processor Moy Park saw annual revenues dip 0.3% but profits increase as the volume of birds processed rose over the year.
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NewsEagle Eye turnover up as more brand partnerships are sealed
The company made a loss of £879,000 due to its investment in a “very significant” client in Canada
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NewsApplegreen to pay first dividend as profits rise 16%
Applegreen opened 32 new food outlets in 2016, as well as launching its new food offering, Freshii…
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NewsCity snapshot: Ocado remains in double-digit growth but points to pricing pressures
Ocado recorded overall sales growth of 13.3% in the first quarter to 26 February 2017, but CEO Tim Steiner warned of a “change in market pricing dynamics” hitting the industry
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NewsCity snapshot: Management team to depart early at troubled Aryzta
Swiss bakery goods supplier Aryzta is accelerating wholesale changes to its management team after its first half earnings slumped by more than 30%. Plus a look ahead to the week in the City and all the latest news from the markets this morning.
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NewsWalker's Iceland tops 2017's Top 50 ranking
Iceland has gone straight to number one as it enters the Top 50 Independents ranking for the first time
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NewsMorrisons struggles to impress City despite strong growth
The City is hard to please. One might expect an enthusiastic reception to Morrisons growth
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NewsTyrrells boosts annual sales at Amplify
US food group Amplify Snack Brands saw fourth quarter sales almost double following its acquisition of UK crisp brand Tyrrells.
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NewsMorrisons delivers a 1.7% jump in like-for-like sales
Retailer to extend Morrisons Daily deal with Rontec to 50 sites
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NewsWaitrose posts 0.2% fall in like-for-like sales
Retailer warns of “significant one-off costs” and trading pressures ahead
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NewsCity snapshot: Morrisons turnaround well under way as profits surge
Morrisons has delivered its first year of like-for-like growth and underlying pre-tax profit since 2011/12
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NewsGrocery deflation hits annual sales at Yeo Valley
Annual sales at UK dairy firm Yeo Valley have fallen back for the first time in six years as industry deflation hit shelf prices.
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NewsUS Customs investigation drives PureCircle to first half loss
PureCircle has slumped to a first half loss amid a double-digit sales plunge after it was denied access to the US market during an investigation by US Customs & Border Protection last year.
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NewsLindt & Sprüngli’s global sales rise by 6.8%
Swiss chocolatier Lindt & Sprüngli has grown global sales by 6.8% to CHF3.9bn (£3.15bn) amid stronger sales in Europe and the UK.