Results – Page 68
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NewsDuck specialist Gressingham Foods enjoys 6% value sales boost
Sales for Gressingham, trading under the name Green Label Foods, rose from £100.6m to £106.8m
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NewsCity snapshot: Ocado’s retail sales growth slows to 11.6% in fourth quarter
Ocado has posted a slowdown in fourth quarter retail sales growth to 11.6% amid capacity constraints owing to a shortage of drivers. PZ Cussons announced a rise in first half profits, but a 10% drop in earnings and all the rest of the latest news from the City
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NewsBAT set for second half profit growth but currency tailwind reduces
British American Tobacco has issued a second half pre-close trading update, stating it is on course to hit earnings growth expectations amid market share growth, but currency tailwinds are declining.
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NewsChris Edwards to drive recovery of Poundstretcher as CEO
Value retailer Poundstretcher is understood to have brought in former Poundworld boss Chris Edwards to lead its battle against falling sales
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NewsGraham’s Family Dairy profits fall 9% despite double-digit sales jump
Scottish dairy group Graham’s has boosted annual revenues by 20% but profits declined 9% as margins remained tight amid challenging industry conditions.
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NewsDunnhumby hit by £33m loss in wake of new Tesco terms
With Tesco abandoning its £2bn sale in 2015, Dunnhumby fell to a £33m pre-tax loss in the year to 28 February 2017
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NewsGoldman analysis of Tesco, Morrisons and Sainsbury’s excites City
The fortunes of the three listed grocers are looking up after an unexpected early Christmas present from analysts at Goldman
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News2 Sisters profits hit by site closure and rising commodities
Operating profits at 2 Sisters fell 58% to £8.4m in the 13 weeks to 28 October…
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NewsFortnum & Mason credits record sales to tea and hampers
Tea sales spiked by 18% and the luxury retailer’s hampers also enjoyed a strong year, with sales up by 15%
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NewsGreencore steadies ship after year of 'building foundations'
Greencore’s share price had plunged by about 40% since March before releasing its annual financial results on Tuesday
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NewsMarston's sales surge but core bottled ales struggle
Revenues are up 10% his year, but sales of Pedigree and key brands have plummeted, despite a £1m revamp
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NewsDanish Crown sees record sales despite currency turbulence
Farmers’ co-operative, which also owns Tulip and bacon brand Danepak, saw sales climb by 2 billion Danish Krone
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NewsGraze profits fall as it invests in US expansion
Revenues at Graze rose 8% to £76m last year but profits fell 40% as the snacks business invested heavily to establish a retail presence in the US.
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NewsSainsbury's short selling at highest for over a year
Short selling of Sainsbury’s shares has jumped to its highest level for over a year
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NewsSSP sales hike sends shares soaring
Despite struggles in grocery and restaurants, food to go continues to go from strength to strength
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NewsCity snapshot: Naked Wines drives first half growth at Majestic
Majestic Wine has posted underlying first half sales growth of 4.2% and a return to profitability as its Naked Wines online business saw its US sales jump. Plus, platinum members can read the our full exclusive interview with Tesco’s Dave Lewis and Booker’s Charles Wilson, Remy Cointreau’s first half sales rise and all the rest of this morning’s news from the City.
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NewsAir travel growth boosts SSP Group
Upper Crust and Caffe Ritazza owner SSP Group has reported a double-digit hike in annual sales and profits as a rise in air travel and growth in North America boosted performance.
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NewsCity snapshot: Strong North American growth boosts catering giant Compass Group
FTSE 100 catering giant Compass Group (CPG) has announced a 4% rise in organic revenues as a strong performance in North America underpinned growth. Plus, Tesco and Booker shares rise again and all the rest of this morning’s news from the City
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NewsPremier Foods second quarter group sales leap 6%
Premier Foods may finally be delivering on its promises of progress after announcing stellar second-quarter sales
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NewsAsda reports second consecutive quarter of sales growth
Like for like sales in the third quarter grew by 1.1%