Results – Page 43
-
NewsBell Food warns on profits as China's swine fever drives up pork prices
Switzerland’s Bell Food Group warned of a 9.4% earnings reduction in the first half of its financial year, due to a “massive” jump in pork prices linked to the outbreak of the African swine fever in China.
-
NewsSuperdrug profits slide amid ‘challenging’ conditions
Warm summer weather and growing sales of vegan goods drove a rise in annual revenues at health and beauty chain Superdrug last year, but profits fell back amid “challenging times” on the high street.
-
NewsCharlie Bigham’s sales jump but profits slip into the red
Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
-
Analysis & FeaturesCity uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
-
NewsCity snapshot: Tesco first quarter growth slows amid 'subdued' market
Tesco is continuing to outperform a “subdued” UK grocery market, as its first quarter like for like sales rose 0.8% in the UK and Republic of Ireland. Plus, Majestic Wine confirms “advanced discussions” over the sale of Majestic Retail and Commercial businesses, M&S rights issue undersubscribed, PZ Cussons trading update and all the rest of the latest news from the City.
-
NewsSymington's sees sales and profits rocket as turnaround continues
The Ragu owner reported a rise in sales in the year to 26 August 2018 from £115m to £120.3m…
-
NewsCity snapshot: Global demand for premium spirits boosts Rémy Cointreau
French spirits giant Rémy Cointreau has posted annual sales growth of 7.9% driven by strong global sales of its key premium brands.
-
NewsApplegreen reports solid trading so far in 2019
Forecourt trader Applegreen will continue to explore opportunities in the US, chairman Daniel Kitchen will announce at its AGM this morning.
-
NewsLRS maintains profits despite soft drinks levy and dip in sales
LRS has posted a drop in sales of £5.9m but its pre-tax profits edged up regardless
-
NewsBeavertown off-trade sales surge 500% after Heineken sale
The surge had been largely driven by the popularity of its session IPA
-
NewsQuorn's profits dip as it steps up investment in growth
Veggie foods specialist Quorn grew sales by 7% last year, though profits fell back as it continues to invest in expansion of its meat-free ranges.
-
NewsTate & Lyle sees 75% increase in losses as sugar beet quotas end
T&L Sugars, owned by American Sugar Holdings since 2010, posted a pre-tax loss of €50m (£44m) in the year to 30 September as the end of sugar quoatas caused a glut of supply in the market.
-
NewsCity sours on B&M over core business slowdown
B&M Bargains has been a rare beacon of hope for the beleaguered UK high street, but investors gave the group’s annual results the cold shoulder this week despite its stellar growth.
-
NewsM&S faces FTSE 100 exit as shares reach 10-year low
Marks & Spencer is teetering on the brink of expulsion from the FTSE 100 after its shares plunged to a decade-long low following its annual results on Wednesday.
-
NewsCity snapshot: Annual losses balloon at Tate & Lyle Sugars
Losses ballooned at Tate & Lyle Sugars as the glut of sugar production in the EU following the end of quotas hammered prices and profitability. Plus, annual losses at parent and young children specialist retailer Mothercare rose to £87.3m last year and all the rest of the latest news from the City.
-
NewsLeon expansion behind loss despite 25% sales jump
Leon cited concerns about rising business rates, wages and food inflation as well as uncertainly surrounding Brexit
-
NewsDanish Crown sees benefits of boost in pork exports to China
Danish Crown pointed to the ‘unprecedented recovery’ in the pork market in recent months
-
NewsStore openings boost annual growth at B&M Bargains
B&M Bargains owner BME European Value Retail has delivered another “strong” annual performance with a double-digit rise in sales and underlying earnings.
-
NewsM&S announces £600m discounted rights issue to fund Ocado JV
Marks and Spencer has announced a £600m rights issue to fund its joint venture with Ocado as it reveals a 10% drop in pre-tax profits and a 3% drop in annual revenues.
-
NewsCity snapshot: WH Smith CEO Stephen Clarke steps down
WH Smith chief executive Stephen Clarke has decided to step down at the end of October after 15 years with the company. Plus, trading updates from Cranswick, Greencore, Hilton Food Group, Tesco stops mortgage lending and all the rest of the latest news from the City.