more results news & analysis – Page 191
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Carslberg beer volumes fall 3% on Eastern Europe weakness
Carlsberg’s UK business grew about 1% last year on the back of a growing off-trade business, the Danish brewer has reported.
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Coke bottler Coca-Cola HBC share price falls as profits lack fizz
Coke’s European bottler is one of the day’s biggest fallers on the FTSE 100 after posting a sharp fall in fourth quarter profits as a result of currency headwinds and challenging conditions in Russia and Greece
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Whitworths sees sales rocket following Equistone acquisition
Health food specialist Whitworths has reported booming sales in its first year under new private-equity control…
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Warburg Pincus nets £142m from Poundland shares sale
The majority shareholder of Poundland has netted £142m from the sale of almost half its remaining stake…
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Kellogg reports $293m loss in Q4 as US cereals market goes soggy
Kellogg has posted large losses in its final quarter and lowered sales expectations as consumers in the US turned their backs on cereals and snack bars.
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Pernod Ricard sees gradual improvement despite "challenging" conditions
Pernod Ricard says it expects profits to grow between 1% and 3% this financial year, after announcing its first half results.
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Reckitt Benckiser impresses investors with solid set of results
Reckitt Benckiser’s full-year earnings release would not have delighted enemies of management speak…
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PepsiCo launches share buyback programme after solid year
After Coca-Cola’s upbeat full-year earnings release yesterday, PepsiCo beat market earnings expectations today while announcing a major share buyback.
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Reckitt Benckiser targets margin expansion with "project supercharge" efficiency drive
Reckitt Benckiser is embarking on a major cost efficiency drive after beating market expectations with 4% full-year revenue growth.
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Innocent consolidation hurts Coca-Cola's European results
The consolidation of the Innocent juice and smoothie business impacted The Coca-Cola Company’s financial performance in Europe last year. The company said the consolidation of Innocent unfavourably hit operating margins because of the higher cost structure associated with finished goods businesses and because of Coca-Cola’s level of ...
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MillerCoors CEO Tom Long to retire in June
Tom Long is to retire as CEO at MillerCoors at the end of June sparking a search for a succesor by the brewing business.
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Rouble devaluation hits Metro's first quarter earnings
German retail giant Metro experienced a 2.2% fall in reported group sales as the sharp drop in the value of the Russian rouble hit its first quarter trading.
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Diageo CEO Ivan Menezes backs firm with $1m share purchase
Diageo (DGE) may be fighting a global drop in sales volumes, but CEO Ivan Menezes seems to have placed a bet on the spirit group’s share price rising after investing over $1m in Diageo shares.
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Ocado divides City opinion despite turning first profit
Few companies split opinion more in the grocery sector than Ocado…
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Tim Steiner: Ocado better-placed than Tesco to face deflation
Ocado is in a “much better position” to weather the storm of deflation and gross margin attrition than Tesco…
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Partner in Pet Food trebles its UK sales after Tesco supply deal
European petfood supplier Partner in Pet Food (PPF) has trebled its UK sales in the past year after securing a deal to supply Tesco with own-label dry and wet foods.
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Tate & Lyle issues another profits warning on US sweetener weakness
Sucralose producer Tate & Lyle (TATE) has cut profit guidance for the third time in a year as it suffers from low US volumes and low sweetener prices.
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City snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.
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Cost cutting drives profit growth at McBride
Private label household goods firm McBride has reported a 4.1% revenues fall to £364.7m in the six months to 31 December 2014.
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City Snapshot: Dairy Crest in talks with CMA to push through Müller sale
Dairy Crest holds its breath as it awaits watchdog review of Müller sale. Plus McBride’s first half results and the latest share price movements.