Results – Page 71
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News
Turnover at John West rises but weak pound hits profit
Turnover jumped from £207m to £222.7m for the 12 months to 31 December 2016
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Jempson's reports profit jump as joint owner announces exit
Pre-tax profits increased to £495,043 for the year ending 31 December 2016…
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Costcutter owner Bibby Line Group plunges to £66m pre-tax loss
Costcutter owner Bibby Line Group has plunged from an annual profit of £30m to a pre-tax loss of £66m amid turmoil in its oil and gas-focussed offshore division.
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News
Barfoots sales up 18.8% but Brexit hits bottom line
Fast-growing vegetable producer and importer Barfoots of Botley saw sales rise a further 18.8% last year, but profits were hit by Brexit-related cost rises and the weak pound.
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News
Irish fuel retailer Maxol reports annual pre-tax profits up 0.5%
The firm opened its largest ever development in Tannaghmore, County Antrim
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News
DCS Group targets £300m revenue as sales rise 13.5%
CEO Denys Shortt said the latest results represented a “huge milestone” for the company…
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Costcutter makes 'step forward' with deal on the horizon
Costcutter Supermarkets Group’s EBITDA has returned to break-even point while pre-tax losses have been slashed
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News
Heron Foods sales and profits leap ahead of B&M takeover
Frozen food discounter Heron Foods, which B&M Bargains snapped up for £152m in August, has increased revenues by almost 9% despite a challenging trading environment.
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News
Tesco turnaround 'on track' but City reaction is lukewarm
Tesco declared its turnaround “firmly on track” this week after posting a 27.3% jump in group operating profit
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News
Gousto moves towards profitable status as revenues rocket 88%
Recipe box service has posted a £6.6m annual loss as the cost of attracting new customers weighed on the bottom line
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Changing breakfast habits hit big three cereal players' sales
Changing habits at Britain’s breakfast tables have shrunk sales and profits at all three of the UK’s biggest cereal player
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Birds Eye claims it's recovering despite slump in 2016 sales
Birds Eye has suffered another heavy decline in sales as conditions in the branded frozen space remain challenging
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Kellogg's sales continue to slide in the UK
A declining UK cereal market continues to hamper sales at Kellogg’s as its Special K, All Bran and Crunchy Nut brands fell out of favour with shoppers.
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Analysis & Features
Tesco first half results: What the analysts say
Tesco has declared its turnaround “firmly on track” after posting a 27.3% jump in group operating profit before exceptional items and its seventh consecutive quarter of sales growth
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City snapshot: Tesco hails turnaround as first half profits jump 27.3%
Tesco has declared its turnaround “firmly on track” after positing a 27.3% jump in first half group operating profit before exceptional items and its seventh consecutive quarter of sales growth. Plus, McColl’s founder James Lancaster steps away and all the rest of the latest news from the City
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News
City snapshot: Greggs’ third quarter sales up 8.6% as better availability boosts trading
Bakery and food to go group Greggs has posted an 8.6% rise in total sales for the 13 weeks to 30 September, driven by strong like-for-like growth and new store openings. Plus, Refresco receives €1.6bn PAI offer, Britvic to shut Norwich factory, Coca-Cola HBC CEO dies and all the rest of the latest news from the City
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News
William Grant & Sons revenues and profits soar in 2016
Sales and profits have leapt at William Grant & Sons as the Scottish spirits giant thanks to “significant” currency tailwinds in the wake of the weak pound.
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News
Real Good Food swings to £5.8m loss after troubled year
Beleaguered Real Good Food has swung to heavy losses after a delay in passing on Brexit-linked price inflation and poor cost controls, the group revealed in its full-year results released unscheduled on the London Stock Exchange this afternoon.
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News
SSP Group continues to ride food-to-go growth
The Upper Crust owner said in a pre-close update that fourth quarter sales were expected to increase by 17.5% year on year
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News
Nespresso and Waters defy UK trend of falling sales for Nestlé
The UK arm reported a 3.2% slide in headline sales in the year to 31 December