Results – Page 110
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Analysis & Features
2 Sisters to put £150m into poultry efficiencies
2 Sisters has pledged to invest £150m in its poultry business in a bid to drive efficiencies as it moves from a period of aggressive acquisition-driven expansion to consolidation.
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News
Walgreens Boots snaps up US rival as sales and profits rise
Walgreens Boots Alliance has agreed a $17.2bn (£11.2bn) takeover of US rival Rite Aid. It comes as the global pharmacy and health giant filed big jumps in sales and profits for the past year thanks to last year’s mega-merger.
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News
Emerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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News
British American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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News
Pizza Express hits £100m of retail sales
Pizza Express has surpassed £100m of brand retail sales for the first time as overall full-year group revenues rose 9.5%.
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News
2 Sisters invests £150m to drive poultry turnaround
2 Sisters has announced a £150m in its poultry business to “revolutionise” its supply chain as it seeks to return to growth after a year of restructuring
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News
Cott Beverages feels effect of own-label soft drinks decline
Revenues have fallen 3% at Cott Beverages as the UK market for own-label soft drinks declined
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Analysis & Features
Reckitt Benckiser's consumer health focus pays off
Sore throats, flu and acne aren’t often cause for autumn good cheer, but Reckitt Benckiser pepped the City back up
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News
Vita Coco coconut water sales rocket despite Innocent entry
Growth at coconut water brand Vita Coco has continued to rocket despite Innocent muscling into the category
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News
Burton's Biscuit Co sales hit by failed UB takeover
Wagon Wheels manufacturer Burton’s Biscuits suffered a sharp drop in sales in its first year under Canadian ownership, as its attempts to grow through acquisitions were thwarted.
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News
Heinz Beanz and sauces growth makes up for sagging soup sales
Heinz Beanz and sauces both saw strong growth in the UK last year to help boost profit margins and negate the impact of a sharp drop in soup sales.
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News
Reckitt beats City forecasts and ups full year sales target
Reckitt Benckiser has topped City expectations after recording a 7% jump in like for like sales during the third quarter.
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News
Vita Coco expands rapidly in UK
Sales and profits at coconut water brand Vita Coco have rocketed in the UK as consumers increasingly look to healthier alternatives to sugary drinks.
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Analysis & Features
Walmart shows it is not only the UK supermarkets fighting structural change
Walmart’s catastrophic earnings downgrade last week was a shock to Wall Street, but Walmart’s problems are by no means unique.
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News
Deals and discounters fuel UK growth at R&R Ice Cream
Ice-cream maker R&R Ice Cream has reaped the benefits of consolidation and the growth of the discounters as sales and profits in the UK soared by 25% and 90% respectively.
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News
Profits fall at Walkers despite sales boost
Walkers Snack Foods saw operating profits drop by 13.5% in the year to 27 December 2014 despite a healthy rise in revenues.
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News
Danone baby food growth drives sales ahead of expectations
French food group Danone has beaten forecasts with like-for-like sales rising 4.6% in the third quarter thanks to double-digit growth in its baby formula division.
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News
Metro Group sees 1.5% full year like-for-like growth
German retailer Metro Group recorded a 1.5% rise in like-for-like sales in the year to 30 September.
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News
Nestlé scales back forecasts as Maggi food scare hurts sales
Food giant Nestlé has downgraded its full-year growth target as the Maggi noodles food scare in India continued to act as a drag on sales.
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News
KP losses up in first year with Intersnack
Losses have escalated at KP Snacks in its first full year under the ownership of Germany’s Intersnack