Results – Page 108
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Finsbury Food shares rise as new year starts strongly
Soaring sales in the first four months of the new financial year has pushed Finsbury Food shares close to record highs.
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First Milk announces return to profit
The struggling dairy co-op recorded operating profit of £1.1m for the six months to 30 September
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Greencore to extend food to go facilities amid booming sales
Greencore has announced the opening of a further £12m investment in its Northampton food to go base to open a new facility to cope with stronger than expected volumes.
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Bakkavor Q3 UK sales rise as it drives volumes
Bakkavor has increased UK like-for-like sales in the face of challenging retail conditions as it passed on lower prices to its grocery customers.
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B&M hands audit contract to KPMG
B&M has ended its 18-year relationship with Grant Thornton as chooses a new auditor.
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Supermarket price war squeezes SME supplier profit margins
The gap between profit margins of Britain’s smallest food producers is widening versus their bigger competitors thanks to the supermarket price war.
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Resurgent Seabrook Crisps sees profits soar 60%
Profits have climbed more than 60% at Seabrook Crisps in the year leading up the £35m buyout by LDC
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Poundland stock hits all-time low
Poundland shares plunged 20% in early morning trading to a record low
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Asda sales fall in Q3 as conditions remain “tough” for Andy Clarke
Like-for-like sales at Asda have fallen by -4.5% in the third quarter as the supermarket price war, food price deflation and the continued growth of the discounters all took their toll.
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Iglo sales hit on difficult trading in three biggest markets
Sales at Birds Eye owner Iglo have fallen 8.4% to €315.5m in the third quarter as it exited markets in Romania, Slovakia and Turkey and was hit by currency exchange rates.
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Moy Park sales slip in "challenging" market
Moy Park revenues have fallen 1% in the third quarter thanks to foreign exchange movements, the impact of bird flu outbreaks, commodity price deflation and lower international sales.
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Majestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.