more results news & analysis – Page 213
-
NewsWhittard profits climb as it chases global presence
Tea and coffee specialist Whittard of Chelsea saw annual profit rise by 43% last year as it extended its London retail footprint.
-
NewsAldi profits soar 65% as it boasts of ‘best value’ groceries
Pre-tax profits at Aldi soared 65.2%, the discounter revealed today, as it claimed to offer “the best value in UK grocery retail”.
-
NewsMPK Garages sees profits and sales rocket
Forecourt operator MPK Garages has posted double-digit increases in full-year sales and profit after picking up new stores…
-
NewsCooltraders help hike Heron Foods turnover to £250m
The acquisition of 54 Cooltrader stores a year ago boosted turnover at Heron Foods by 28% to £250m in 2013…
-
NewsMars Chocolate profits fall despite turnover growth
After its profit revival in 2012, Mars Chocolate saw pre-tax profit fall by 7% last year.
-
NewsBirds Eye owner Iglo Group records revenue dip
Iglo Group, the European owner of Birds Eye, saw a 0.9% slide in constant currency sales during the second quarter due to “tough market conditions”.
-
NewsTesco admits McIlwee not in charge of finance for five months
Tesco faced yet more questions over its financial management today after it admitted it had effectively been without a director in charge of finance for the past five months.
-
NewsGrocery market growth at record low as Tesco and Sainsbury's take a hit
Overall grocery market growth has slowed to a record low of just 0.3% as inflation fell to zero according to the latest Kantar Worldpanel market share figures for the 12 weeks to 14 September.
-
NewsPZ Cussons shrugs off Nigerian market disruption
St Tropez brand ambassador Kate Moss helped give PZ Cussons a healthy glow in its most recent quarter despite tough UK trading conditions and disruption in its African markets.
-
NewsAG Barr signs Snapple distribution deal after strong first half
Irn-Bru manufacturer AG Barr has posted a near 15% jump in first half pre-tax profits and announced a 10-year deal to distribute the Snapple brand in the UK.
-
NewsTesco shock profit warning: the City reacts
Tesco shocked the City today by announcing it had discovered it had overstated its profits by £250m. Here’s our round-up of how leading City and industry analysts reacted to the news.
-
NewsTesco admits a £250m overstatement of profits
Tesco has stunned the city this morning by admitting that it may have overstated its profits for the half year by as much as £250m.
-
NewsRobin Terrell to lead Tesco UK as investigation into £250m profit hole kicks off
Tesco head of online operations Robin Terrell is to lead the retailer’s UK business as it kicks off an urgent investigation into how its half-year profit guidance ended up being overstated by £250m.
-
NewsFinsbury Food set to drive growth through acquisitions
Cakes and baked goods supplier Finsbury Food Group has revealed it is looking to double in size through acquisitions.
-
NewsDairy Crest to close two sites amid 'challenging' market conditions but profits on track
Dairy Crest has announced plans to close two of its sites – with the potential loss of 260 jobs – as it warned about growing pressure from falling retail milk prices and “extremely volatile” dairy commodities markets.
-
NewsHovis sales back on uphill trend after split from Premier
Hovis – which lost £56m in retail sales last year – has returned to growth…
-
NewsMorrisons honours dividend pledge despite plummeting profits
Morrisons’ underlying profits before tax plunged 51% to £181m in the six months to 3 August…
-
NewsMorrisons’ profits plunge in first half as price war eats margin
Morrisons’ underlying profits before tax fell 51% to £181m in the six months to 3 August on the back of the retailer’s price-cutting strategy, while like-for-like sales fell 7.4%.
-
NewsWaitrose profits fall as store investment soars
Waitrose’s operating profit plunged by 9.4% during the first half despite rising sales.
-
NewsGlorious! soup-maker TSC Foods Group in 36% profit boost
TSC Foods Group saw a 36% boost to pre-tax profit in the year before it was bought by The Billington Group…