more results news & analysis – Page 18
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NewsVirgin Wines to pump £20m into ‘turbocharging’ growth
The company is hoping the strategy will deliver £100m in annual revenue by 2030
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NewsFood business confidence crashes amid fears over taxation and EPR costs
A bombardment of taxation and regulation has led to a drastic fall in food industry business confidence, according to a damning report released by the FDF
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NewsAG Barr to scrap Strathmore bottled water brand as part of restructure
The discontinuation could lead to the closure of AG Barr’s manufacturing facility in Forfar
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NewsMP Evans notches record profits amid high palm oil prices
Palm oil prices have proven volatile in recent years and are now on the rise again, the company said
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NewsCity snapshot: Fever-Tree shares up 5% after profits boost
Fever-Tree’s revenue rose 4% as sales recovered some lost momentum in the second half of the year
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NewsFever-Tree profits rise as sales recover momentum
Its growth in the second half was primarily led by the US, the brand’s biggest market
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NewsCity snapshot: Wetherspoons shares trading at two-year low after profit hit
Its share price fell over 9% after it released half-year results, bringing its total fall to over 11% since the start of the year
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NewsCranswick raises medium-term profit target amid strong meat demand
Cranswick’s share price hit a record high in September after raising its profit forecast for the year
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NewsMedia Bites 20 March: interest rates, budget impacts, Ben & Jerry’s
The Bank of England is expected to keep interest rates on hold at a rate of 4.5% when the Monetary Policy Committee makes its announcement today
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NewsInspired Pet Nutrition confident after transformative Butcher’s deal despite widening losses
Losses have widened at Inspired Pet Nutrition ahead of the transformative acquisition by the private equity-owned petfood group of Butcher’s Pet Care
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NewsCity snapshot: Eagle Eye confident of hitting £100m revenue goal
Eagle Eye is aiming to propel revenues towards £100m following a reset of the business to focus more on its software as a service operation
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NewsAsda’s Allan Leighton axes 6,000 SKUs and warns of major profit drop
Executive chairman Allan Leighton said Asda planned to slash thousands of SKUs
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NewsDeliveroo shares stall despite first-ever profit for food delivery group
Deliveroo’s share price fell by as much as 8% as the group pushing back its earnings target despite making it’s first-ever profit
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NewsWaitrose has ‘turned the dial’ on recent struggles, after ‘transformed’ annual results
‘We are transforming the profitability of the Waitrose business,’ declared Waitrose executive director James Bailey, after the John Lewis Partnership’s annual results
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NewsBidfood sees profits fall as revenues rise amid ‘operation costs pressure’
Bidfood’s revenue growth in the year to 30 June 2024 was thanks to ‘strong trading and continued food inflation’, the accounts said
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NewsCity snapshot: John Lewis scraps bonus as Deliveroo records first ever profit
The retailer scrapped the bonus for the third year in a row despite tripling its annual profits. Also, Deliveroo goes into the black for the first time
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NewsC&C Group blames budget and ‘softer trading’ for earnings miss
C&C said the trading environment and October budget had placed additional pressure on hospitality and impacted consumer confidence
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NewsStaff miss out on bonus as profits triple at John Lewis Partnership
Profits have tripled at the John Lewis Partnership as the retail group made ‘solid’ progress on its turnaround but staff still missed out on a bonus for the third year in a row
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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