Results – Page 66
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Fever Tree and Diageo shares benefit from G&T boom
Two complementary drinks businesses at either end of the growth curve updated the market this week
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Kitwave reports record growth thanks to refinancing deal
Kitwave’s EBITDA has increased nearly 100% over the past four years…
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Wm Jackson margins hit by tough market
Aunt Bessie’s and Abel & Cole owner William Jackson has posted a rise in annual sales but saw margins squeezed
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Short sellers lose out as Sobeys deal sends Ocado shares soaring
A surge in Ocado’s share price after signing another international supply deal has cost bearish investors over £90m
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Wholesaler LWC Drinks sees sales soar by £35m
Revenues at the business grew by 16.2% (£34.5m) to £247.2m for the year ending 30 September…
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Sweet Christmas for Hotel Chocolat
Luxury chocolatier Hotel Chocolat has reported a sweet Christmas trading period as sales recorded a double-digit rise in the 13 weeks to 31 December.
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Frank Field MP blasts accounting 'deficiencies' at Palmer & Harvey
The chairman of the House of Commons’ work and pensions committee has blasted the management and auditors of Palmer & Harvey after a report by administrators revealed the failed wholesaler significantly understated its losses in the 2015/16 financial year.
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Trewithen Dairy boosted by new contracts and expansion
Turnover rises to £32m according to supplier’s accounts, while branded sales top £11m
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City snapshot: SSP Group’s revenues up 13.5% in first quarter
Travel food specialist SSP Group has increased sales by 13.5% in the first quarter, driven by like-for-like growth, contract wins and global expansion. Bacardi buys Patrón Spirits for $5.1bn, UK snow hits Christmas trading at Marston’s, Ocado’s shares surge 28% on Canada tie-up and all the rest of the latest news on a busy morning in the City
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Symington's recovery on track following drive to reduce costs
Symington’s is back into the black as a turnaround strategy has started to yield results…
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Lindt boosted by UK performance as group sales pass 4bn Swiss Francs for first time
A particularly strong performance in the UK has helped propel sales at Lindt & Sprüngli to more than CHF 4bn Swiss francs (£3bn) for the first time in its 175-history.
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Fortnum & Mason reports record Christmas trading performance
Like-for-like festive sales at Fortnum were up 13%; online sales were up 23%
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Lily’s Kitchen sales up 36% but investment results in loss
Turnover at the premium petfood supplier rose to £19.8m in the year ended 31 March 2017
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Thomas J Fudge's records loss in first year of PE ownership
Thomas J Fudge’s Remarkable Bakery slipped to a £1.5m pre-tax loss in its first year under private equity ownership
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Booker reports strong third-quarter growth
Booker recorded strong growth in the third quarter, despite a drag from falling tobacco sales…
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Tesco and M&S both fall short of City expectations
“Super Thursday” proved anything but super for the grocers this week
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Buoyant sales for Buckfast but Brexit hits profit margins
Annual accounts for owner J Chandler & Co for the year to 31 March 2017 show a 3.1% rise in sales
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Faccenda credits profit rise to focus on lower costs
The chicken, duck and turkey supplier is expected to complete a joint venture with the UK poultry arm of US meat giant Cargill
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Wyke Farms profits rise despite butterfat cost hikes
The cheesemaker had to contend with a near £1m loss in turnover from its butter division
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Aspall sales surged by £7.4m in run up to Molson Coors acquisition
Operating profits fell into the red (–£187k) thanks to “greater than expected” costs