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more results news & analysis – Page 181
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NewsMorrisons launches six-point turnaround plan in wake of store closures and profits slump
Morrisons CEO David Potts has revealed a six-point turnaround plan after reporting a 47.2% fall in half year profits
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NewsHilton Food Group hints at more expansion after solid results
Meat packing firm Hilton Food Group has not ruled out further expansion in both the UK and Australia
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NewsKarro Food Group returns to profitability
Karro Food Group has returned to profitability in its second year of trading as an independent business after years of annual losses.
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NewsPick Your Own ‘not hitting profits’, says Waitrose CEO
Mark Price has insisted the scheme is boosting sales and margins have not declined
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NewsWaitrose profits hit as property woes blight JLP
Waitrose has seen its profits fall again as ‘turmoil’ in the grocery market and a loss of property profits hits
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NewsPalmer & Harvey grows sales but makes net loss from Costcutter 'teething problems'
P&H said that it, along with Costcutter, invested heavily in unplanned net start-up costs amounting to £15.2m
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NewsMcBride returns to annual profit despite 5.4% sales dip
McBride, the provider of private label household products to major retailers, has vowed to focus on “manufacturing excellence”
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NewsCurrencies and sugar woes hit ABF’s full-year trading
Associated British Foods hasreaffirmed that the impact of currencies and the weak performance of its sugar division will see an overall decline in annual profits.
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NewsAbsolut drives spirited Pernod Ricard performance in UK
Absolut vodka - the brand responsible for a €404m write-down in Pernod Ricard’s annual results - has driven a strong performance by the business in the UK.
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NewsThe Co-op Group rules out any move into online grocery sales
The Co-operative Group has ruled out launching an online grocery business
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NewsMcColl's points to premium store "outperformance" despite sales dip
McColl’s strategy of concentrating on premium convenience stores has been vindicated, according to chief executive James Lancaster, despite a 2.3% fall in third quarter like-for-like sales.
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NewsStrong food performance puts The Co-op back in the black
A “robust” trading performance from the food business has put The Co-operative Group back in the black, the business announced this morning
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NewsArla’s first half revenues drop 3.8% as milk prices plunge
Arla Foods saw overall revenues drop 3.8% in the first six months of the year as declining global milk prices hit the dairy industry.
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NewsCity news: Grocery stocks and 'Black Monday'
Grocery and fmcg stocks didn’t escape the carnage of ‘Black Monday’
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NewsBooming Urban East sales boost buoyant Adelie
The booming food-to-go sector has helped drive annual revenues up 14.9% at HIG Capital-owned Adelie Food Group
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NewsPernod Ricard suffers €404m Absolut write-down
Pernod Ricard undershot industry performance expectations for the 2014/15 financial year after the drinks company decided to book an impairment charge of €404m on its biggest brand, Absolut
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NewsHappy Egg Co becomes biggest US free-range supplier
The Happy Egg Co is now the largest free-range egg supplier in the US by market share…
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NewsStock Spirits aims to treble UK revenues
European drinks group Stock Spirits has set its sights on trebling sales in the UK over the next two years after trading difficulties in Poland led to sales and profits plunging in its first half.
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NewsWH Smith shrugs off VAT row to upgrade earnings forecast
WH Smith has shrugged off the ongoing row about allegations that retailers are pocketing VAT savings
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NewsWH Smith ignores VAT furore as it beats profit forecasts
Shares in WH Smith fell 1.3% today after the retailer avoided any mention of the ongoing row over alleged pocketing of VAT savings at airports.