more results news & analysis – Page 189
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FrieslandCampina predicts 2015 dairy growth despite end of EU milk quota
Global dairy firm FrieslandCampina has warned that the disappearance of the EU milk quota could lead to more volatility in the dairy market, but remains upbeat about 2015 prospects.
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Morrisons' loss illustrates scale of job for new CEO Potts
The scale of the task facing new Morrisons CEO David Potts was laid bare this wee…
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Morrisons store estate value in £1.3bn writedown
The cut in the value of its store estate is down to the reduced price that Morrisons could raise if it sold its property assets
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Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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Waitrose operating profits tumble 23.4%
A significantly higher level of investment and one-off items have bitten a large chunk out of Waitrose’s operating profits
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Morrisons to close 23 M Local stores as it posts £792m loss
Morrisons has posted a £792m loss for the year to 1 February on the back of a £1,273m property impairment.
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Morrisons results: What the analysts say
Reactions to the Morrisons results are flooding in from analysts
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Ocado’s shrinking basket size is down to deflation, says Steiner
Ocado CEO Tim Steiner has put the continuing fall in basket size at the online grocer down to food deflation and changes to the way customers order at its pet product and kitchen and dining companies.
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Life is sweet for Lindt with double digit growth
Substantial market share gains were made in all the core markets and in the emerging growth markets
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Aldi hits record market share as Tesco posts best growth in 18 months
Aldi share at 5%, Lidl also posts 13.6% sales growth as discounters continue rise
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Findus hit by strong pound but buoyed by Southern Europe
Findus Group saw a fall in revenues in its first quarter, as a result of negative currency impacts from the strong pound
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Brakes top line growth delivers profits boost
Brakes has reported strong full-year sales, with growth in EBITDA and a continued fall in debt/EBITDA ratio…
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Partner in Pet Food to stay independent despite Advent sale
Partner in Pet Food hopes to remain independent despite PE owner Advent hoisting the for sale sign…
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Profits and revenues up at Carrefour as European trading stabilises
French retail giant 2014 Carrefour has posted a 3.9% rise in full-year sales as conditions improve in its home market and trading has ”stabalised” across Europe.
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Yeo Valley profits squeezed as organic brand pushes up sales
Profits have slipped at dairy group Yeo Valley despite a £14m rise in sales to £275m as its margins were squeezed by the steady increase in the cost of its ingredients
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Greggs shares soar on record profits and seven-year like-for-like sales high
Shares in Greggs (GRG) have soared once again today as the high street bakery chain posted record profits and the strongest like-for-like sales seen since 2007.
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McColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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Fourth quarter revenues up at 2015 IPO contender Moy Park
Irish poultry producer Moy Park saw revenues increase by 3.4% for the 13 weeks ended 27 December 2014
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British American Tobacco sparks up auditor search
British American Tobacco is looking for a new auditor after ending its agreement with Big Four firm PwC.
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Thorntons profits hit by major supply reductions
Chocolatier Thorntons has reported a 10% fall in first half profits due to an “unanticipated” plunge in sales to two major grocers