Results – Page 142
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Cranswick reinvests £11m as profits climb 16%
Cranswick has pledged an £11m overhaul of its cooked meat facilities this year, having posted a 16% increase in pre-tax profits, to £26.1m.
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JTI takes up fight against underage tobacco sales
Japan Tobacco International (JTI) has launched a pilot scheme to combat underage sales, which it claims is the first to be undertaken by a tobacco supplier.
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PayPoint sales rise as Collect+ turns a profit
Sales and profits are up at PayPoint, while its Collect+ parcel scheme has turned a profit for the first time, half-year results have shown.
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Majestic pledges online growth won’t erode bricks and mortar
Majestic Wine is aiming to grow its online sales to around 15% of its UK business over the next five year, chief executive Steve Lewis has said.
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Vion losses hit £50m before UK exit
Losses at Vion Food UK Limited – the company that covered Vion UK’s former pork, poultry and head office operations – had …
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Majestic Wine sales bolstered by e-commerce
New customers and an increasing focus on online sales helped Majestic Wine in the first half of the year, the company has reported.
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Co-op members 'disgusted' as half-year dividend is scrapped
Members of The Co-operative Group have taken to social media to berate it for scrapping its interim dividend…
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Booths profits drop as staff bonus hits costs
Booths’ annual profits fell by a third to £6.4m Booths has reported a drop in annual profits after reinstating an annual bonus to staff. The northern supermarket’s operating profit fell by a third to £6.4m in the year to 31 March, according to accounts filed on Companies ...
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Sainsbury’s profits jump 7% as own-brand powers sales
Sainsbury’s has trumped its rivals by posting strong first-half trading figures, with own brand growing twice as fast as branded goods.
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Carr’s milling business reaps rewards from poor weather
Poor weather in the US and UK helped boost profits at milling and agricultural business Carr’s by 21.5% year-on-year.
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Morrisons sales fall again as online debut approaches
Morrisons’ like-for-like sales for the third quarter fell 2.4% with CEO Dalton Philips insisting the retailer will return to positive like-for-like growth in Q4.
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Dairy Crest half-year results reveal cheese as the star
Dairy Crest has reported a strong first-half performance in its cheese business, with total sales increasing by 12% year o…
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Imperial Tobacco profits rise despite volume fall
Imperial Tobacco’s full-year profits rose despite falling volumes, the company revealed yesterday, as it forecast “modest” growth for the coming year.
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Bernard Matthews posts £20m loss as costs spiral
Bernard Matthews has posted a dramatic £20m loss in its latest full-year results, as bad grain harvests, poor weather and operational inefficiencies took their toll.
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Tesco meat packer Hilton returns to growth in UK
Hilton Food Group has reported a return to growth in its UK meat-packing operations as the impact of ‘Horsegate’ on the market has eased and economic conditions have improved.
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AB InBev’s MacFarlane to head up combined European division
Former AB InBev UK boss Stuart MacFarlane, who developed the brewer’s hit Stella Artois Cidre and Stella 4%, is to head up a new combined European division for the company.
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Premier Foods sales drop despite focus on power brands
Premier Foods’ outlook for the full year remains unchanged despite a 3.2% fall in total sales in its third quarter.
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Boparan suffers £33.5m loss as horsegate takes a toll
Protein giant Boparan Holdings has suffered a £33.5m full-year loss as a result of a “perfect storm” of inflation, the horsemeat scandal and its acquisition of Vion’s UK operations.
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Half-year sales boost for Nisa
Nisa has posted strong half-year trading figures thanks to its new contract with c-store chain McColl’s…
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99p Stores 'testing the waters' online as costs hit profits
A transactional website from 99p Stores is “at least 12 months away”, according to commercial director Hussein Lalani, as it reported a marginal fall in gross profits.