Results – Page 46
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NewsCentral England Co-op reports jump in profits and sales
Capital expenditure of £28.7m was invested in 10 new food stores and the refurbishment of 35 others
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NewsSalmon demand boosts Mowi revenues
The supplier, which rebranded from Marine Harvest to Mowi last November, saw total revenues rise by 4.5% to €3.8bn in 2018
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NewsSalad supplier Kanes in turnaround after plunging to £9.8m loss
The supermarket supplier is in a ”secure” position after agressive cost-cutting
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NewsCCEP secures London Stock Exchange listing
The Coca-Cola producer for the UK and Europe has secured a listing on the main market of the London Stock Exchange.
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NewsCostcutter posts loss but pushes 'investment in people'
The symbol group was heavily impacted in the first half of the year by the collapse of its former distributor Palmer & Harvey
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NewsHilton Food Group sales and profits beat expectations
Sales surged 21.5% at Hilton as it was buoyed by the integration of fresh fish supplier Seachill and new business wins, Imperial Brands told investors it expects to hit sales targets and the rest of the news from the city
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NewsStrong Roots takes top spot from Pots & Co in Alantra Fast 50 list
The supplier of frozen plant-based burgers and sides has rocketed to £9m in annual sales
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NewsGeneral Mills shares jump after raising profit guidance
While competitors Kraft Heinz and Kellogg’s have cut profit guidance in recent months, General Mills is expecting to beat its targets
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NewsCasella and Kingsland buck wine trend to post solid sales
Casella, which owns Yellow Tail, saw UK revenues surge 17.7% in the year 30 June 2018
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NewsCity snapshot: Frozen supplier Strong Roots jumps to top of Fast 50
Challenger brand Strong Roots has surged to the top of Alantra’s Fast 50 list, amid a resurgence of the frozen food category
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NewsLosses deepen at Science in Sport despite sales surge
AIM-listed sports nutrition supplier Science in Sport slipped to a £2.5m loss amid significant investment, despite surging revenues
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NewsOcado sales growth dented by Andover warehouse fire
Sales jumped 11.2% at Ocado in the past 13 weeks, but its performance was dented by the fire at its Andover warehouse last month
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NewsProfits plummet at Butcher's petfood maker after costs soar
The company made “rapid progress” in the 2018 financial year amid significant invesment
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NewsCity snapshot: Casino plans €2.5bn of asset sales as its targets convenience and online growth
French hypermarket chain Groupe Casino has raised its target from the sale of non-core assets from €1.5bn to €2.5bn over the next year. Plus, the pound rises to multi-month highs as ‘no deal’ Brexit threat recedes and all the latest news from the City.
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NewsMorrisons refuses to rule out Brexit driven price hikes
Morrisons chief executive David Potts refused to rule out passing Brexit-related cost increases onto customers, after ‘no deal’ tariff rates were confirmed
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Analysis & FeaturesMorrisons results: what the analysts say
Here’s what experts have to say about this morning’s results from Morrisons
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NewsHatch Mansfield sees sales fall in 'competitive' wine market
But despite falling sales, protfits were largely stable
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NewsCity snapshot: PureCircle counts the cost of switch to new stevia generation
Stevia producer PureCircle has posted a 5% drop in sales and an escalation of first half losses after reformulation and writedowns hit its performance. Plus, Domino’s Pizza Group reports on “mixed year” as international business drags down performance, staffing changes at Carlsberg and all the rest of the latest news from the City.
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NewsConsumer confidence dents sales and profits at Big Prawn Co
The company said market uncertainty and Brexit-driven currency impacts could affect growth in 2019