Results – Page 53
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Burton’s Biscuits slumps into red after Cadbury licence sale
The Jammie Dodgers maker suffered a £15m pre-tax profit loss as the result of ‘lower co-manufactured volumes’ by 27%
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Concha y Toro sales return to growth as premium focus pays off
Revenues at the Chilean wine giant grew £5.9m to £134m for the year ending 31 December 2017
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Red Bull grows UK sales as regulatory energy drinks threat looms
Red Bull has posted doubled-digit annual sales and volume growth in the UK and Ireland as the UK government mulls legislation to curb energy drink sales to children.
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Kettle Foods falls to pre-tax loss amid 'intense' competition
Kettle Foods has fallen to a pre-tax loss in the UK after it lost a big chunk of market share and was dragged into an intense promotional war for shelf space.
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Fentimans reports another year of bumper sales growth
Premium soft drinks and mixer producer Fentimans has reported another year of booming sales, though its profits were hit by investment in brand growth.
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Meantime posts drop in profitability after Asahi acquisition
Meantime pro-rata sales have fallen 9.4% from £21.2m
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Costcutter sales slump on P&H effect and MFG contract loss
The P&H collapse resulted in Costcutter incurring exceptional charges of £42m
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Booker acquisition helps drive Tesco to first half sales and profits jump
Tesco has posted a double-digit rise in group sales and operating profits as the integration of Booker and a strong second quarter boosted performance
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Pepsico tops earning estimates in Nooyi's final quarter as CEO
Pepsico beat earning expectations as its beverage sales returned to growth, in Indra Nooyi’s final quarter in charge.
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Media Bites 2 October: Aldi, Unilever, Tesco
Aldi has pledged to keep the “contract” with its customers by cutting prices below Tesco’s budget brand Jack’s, as sales hit an all-time high of £10bn in the UK and Ireland
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Hovis to cut 100 jobs after posting £11m losses
The baker has sold its Manchester and Selby mills, and will close its Southampton mill at the end of the year
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City snapshot: Aldi UK and Ireland sales top £10bn as it pledges 130 new store openings
The UK and Irish arm of German discounter Aldi grew annual sales by 16.4% last year to £10.2bn and has pledged to open a further 130 stores over the next two years
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Karro plans "significant M&A" after CapVest takeover
“Significant M&A” is planned at Karro Foods after the pork processor was bought by CapVest last year.
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Müller losses deepen on back of Dairy Crest dairies takeover
Müller’s UK and Ireland business fell further into the red as costs from its Dairy Crest dairies acquisition in 2015 continued to eat into profits.
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AG Barr defies soft drinks headwinds to post sales jump
Customers may have kicked up a stink about the reformulation of AG Barr’s Irn-Bru, but the soft drinks maker kept sales bubbling in the first half despite the UK sugar levy and CO2 shortage.
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City snapshot: Growth for UK food and drink suppliers soars 7.5%
UK food and drink suppliers have surged to their highest growth levels since 2009, but profit margins are suffering amid escalating input and labour costs
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City snapshot: Gusbourne's losses grow as it invests in double-digit growth
AIM-listed English wine producer Gusbourne has posted double-digit growth in the first half of 2018, but losses grew due to investment in capacity. Plus all the rest of the latest news from the City.
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Sales dive 12.5% at Laila's Fine Foods after major contract loss
The manufacturer of frozen and chilled meals had a “disappointing” year, its directors said, as margins also decreased
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Rising costs hit St Austell Brewery profits despite 'record' sales increase
Sales surged, but operating profits drooped amid “challenging” market conditions
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City snapshot: SSP Group shrugs off weak rail sector to post full-year growth
Travel food to go specialist SSP Group (SSPG) expects to post full-year like-for-like growth of between 2%-3% after a solid fourth quarter