Results – Page 124
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Analysis & Features
City News: Diageo unveils mixed results
Fittingly for a company whose products often wind up in cocktails, Diageo’s first-half results…
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News
Strong Christmas for Cranswick but pig price deflation hits revenue
Deflation in pig prices has continued to act as a drag on Cranswick revenues in its third quarter but failed to make a dent in the group’s profits.
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News
Diageo sees improving sales trends despite first half revenue dip
Diageo CEO Ivan Menezes hailed an improved first half performance despite posting lower than expected sales this morning after a slowdown in Latin America and Asia.
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Analysis & Features
Bernstein: “In current shape, the UK does not need Morrisons”
Morrisons’ investors may be breathing a sigh of relief after the supermarket’s near 10% share price recovery so far this year, but Bernstein analyst Bruno Monteyne poured the coldest of waters on the retailer’s recovery today.
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News
First Milk returns to annual profit after 15% sales boost
First Milk has reported a 15% hike in revenue and a return to profit in its financial results for the year ending 31 March 2014.
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News
Irn-Bru maker AG Barr outperforms soft drink market with sales up 5%
AG Barr has posted a final quarter trading performance “well ahead” of the soft drinks market with revenue growth of 5% for the period ended 25 January.
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Analysis & Features
Food-to-go continues to drive Greencore in 2015
Greencore posted a robust Q1 performance today but the best is yet to come from its food-to-go business in 2015.
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News
Business booming for Tyrrells following Investcorp takeover
Premium snacks supplier Tyrrells has enjoyed booming sales in its first year…
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News
Food retailers issue record number of profit warnings in 2014
Listed UK food and drug retailers issued a record number of profit warnings in 2014 as the grocery sector came under attack from discounters.
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Analysis & Features
Premier Foods flying high as investors cling to shreds of good news
At first glance it may seem somewhat surprising to witness shares in Premier Foods flying today as its power brands once again failed to perform. What’s behind it?
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News
B&M Bargains' shares rise on Christmas sales uplift
B&M Bargains’ shares were up by over 5% this morning after it reported a like-for-like sales uplift of 4.5% in the 13 weeks to 27 December.
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News
Premier Foods shares soar as Mr Kipling puts in ‘stand-out’ performance
A stand-out performance from Mr Kipling has helped Premier Foods put the brakes on power brand slowdown.
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News
City sceptical over supermarket share price rallies
Supermarket share prices recovered in early 2015, but City investors remain unconvinced the pain of last year is over.
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News
Holiday periods in the UK and US just the tonic for Fever-Tree growth
Strong sales in the final two months of 2014 have pushed Fever-Tree’s full-year revenue comfortably ahead of expectations.
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News
SABMiller hit by third quarter China slowdown
Peroni brewer SABMiller has reported a 1% dip in third quarter lager volumes, driven by a significant decline in China.
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News
Delayed store openings take the shine off Poundland's record Christmas
More than seven million customers were served at Poundland in the peak Christmas trading week helping the discount chain to a record festive period.
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News
WH Smith focuses on margin as group sales slip again
WH Smith’s gross margin continues to grow, despite a 2% fall in like-for-like sales in the 20 weeks to 17 January.
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Analysis & Features
Unilever’s subdued revenue growth is only part of the story
Unilever shares were 2.5% down in early trading after it revealed a drop in full year revenues this morning and under par fourth quarter sales.
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News
Unilever sales hit by challenging market conditions
Unilever has posted lower than expected full-year sales as growth remained mixed in emerging markets and Europe.
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News
Faccenda Foods grows sales for fourth year running
Poultry processor Faccenda Foods has increased its top line for the fourth consecutive year with profits more than doubling.