All Financial Results articles
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News
Hovis turnaround picks up under new management team
Hovis has made big strides in its turnaround as significant price hikes helped boost revenues and profitability
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News
City snapshot: Ocado Retail hails “strong” Q1 performance
Ocado Retail has made a “strong” start to the year as the joint online venture with M&S continued to grow its market shares. Plus, the grocery latest market share data from Kantar and full-year results from Fever-Tree and AG Barr
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News
City snapshot: Virgin Wines UK confident of meeting full-year profit forecasts
Underlying profits have more than doubled at Virgin Wines UK in the first half as the DTC group implemented a turnaround strategy
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Rankings
Britain’s Biggest Brands 2024: Who’s about to enter the top 100?
Fabric and air freshener brand Febreze is wafting ever closer to the top 100, having put an extra £11.1m through tills
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News
City News: Hangover for Naked Wines investors
Shareholders in Naked Wines suffered another hangover this week as media reports on the online wine retailer hiring Interpath to refinance its debt sent the shares tanking by more than 20%
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News
City snapshot: General Mills Q3 profits beat expectations
Profits at US consumer packaged goods group General Mills have risen more than expected in its third quarter as price hikes and cost cutting offset volume declines
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News
Valeo Foods secures €50m cash injection from Bain as turnaround begins
Valeo Foods has secured a €50m cash injection from private equity owner Bain Capital as a turnaround at the ambient giant gets underway
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News
Parfetts enjoys 6.7% turnover boost to £646m
The Stockport-based wholesaler said the sales growth was driven by development of product ranges and more frequent promotions
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News
City News: Deliveroo shares rise as it progresses towards break-even
Deliveroo shares were up on Thursday as the delivery giant moved closer to breaking even, but concerns persist over its ability to meet demanding growth forecasts amid cuts to marketing
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News
Genius losses rise to £2.4m in first year of Katjes ownership
Losses increased at gluten-free bakery Genius Foods in the year of its takeover by German confectionery group Katjes
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News
City snapshot: John Lewis Partnership bounces back to profit on strong Waitrose performance
The John Lewis Partnership has rebounded into annual profit on strong sales and profit growth at Waitrose, but it will not pay a staff bonus again for the year
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News
City snapshot: Resurgent Tesco and Sainsbury’s supports first-half profit growth at Supermarket Income REIT
Property investor Supermarket Income REIT has boosted operating profits by 18% to £45m in the first half following a 10% increase in rent at the company to £104.7m
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News
City snapshot: Domino’s Pizza grows sales and profits as costs ease
UK takeaway franchise player Domino’s Pizza group posted a rise in order count and sales last year on new store openings and increased market share
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Comment and Opinion
How do you solve a problem like meal kits?
HelloFresh should focus on its core, affluent, loyal and happy customers, of which there are fewer, but are worth more
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News
Some green shoots for food companies despite fall in confidence
In the last quarter of 2023, half of SMEs reported business conditions had deteriorated
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News
Greggs is a ‘well-oiled machine’ as sales and profits soar
The public’s appetite for sausage rolls and baked slices has remained steady despite the pressures of the cost of living crisis, as shown in bumper results from Greggs this week
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News
Lindt & Sprüngli improves margins on double-digit sales growth
Global confectionery giant Lindt & Sprüngli has posted double-digit sales growth and margin improvement last year, helped by price increases and a rebound in travel retail
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News
City snapshot: Vimto appeal boosts Nichols in 2023
Soft drinks group Nichols has hailed a “strong” performance in 2023 as the strength of the Vimto brand in the UK and overseas boosted revenues and profits. Plus, Premier Foods will suspend deficit contribution payments from the 1 April and Science in Sport issues a full-year trading update
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News
EG Group sees full-year profits dip as fuel prices fall
Forecourt giant EG Group saw full-year profits dip last year on lower fuel prices and ‘oil volatility’
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News
Nomad Foods predicts 2024 volume growth as frozen trend rebounds
The Birds Eye owner has surpassed expectations with a record financial performance last year, with the frozen foods giant forecasting a return to volume growth in 2024