Results – Page 76
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NewsCity snapshot: Profits soar at Conviviality as Bibendum beds in
Profits have more than doubled at Bargain Booze owner Conviviality (CVR) as the integration of Matthew Clark and Bibendum continued ahead of schedule. Plus, growth overseas helps Finsbury Food Group offset UK struggles and Stock Spirits acquires a 25% stake in Quintessential Brands Group’s Irish whiskey division for up to €18.3m (£16m).
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NewsHolland & Barrett profits under pressure from supermarkets
Holland & Barrett’s UK retail sales rose 4.6% in the year before its £1.8bn takeover by a Russian billionaire
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Marks & Spencer puzzles analysts with sales fall
The market was left distinctly unimpressed this week by Marks & Spencer’s first quarter organic sales fall
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NewsNoble delays IPO to focus on rebuilding sales and profitability
Happy Egg Co owner Noble Foods has put its mooted IPO on ice as it focuses on regrowing revenues
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NewsB&M benefits from late Easter and sunshine as shoppers hunt for bargains
B&M Bargains has recorded its strongest first quarter of like-for-like growth in three years as the late Easter and hot weather boosted sales and the return of inflation sent shoppers searching for a bargain.
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NewsSSP Group sees sales grow as air passenger numbers rise
Travel concession operator SSP Group has reported like-for-like sales growth of 3.6% in its third quarter results and a 21.7% jump in total group revenues.
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NewsWaitrose hit by £41.5m property writedown cost
The retailer focused on improving its existing estate rather than aggressive expansion in the past year
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NewsM&S trading update: What the analysts say
M&S shares have fallen 4.7% today despite improving trends in general merchandise and grocery and headline sales growth of 2.7%.
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NewsCity snapshot: Marks & Spencer’s first quarter like-for-like sales drop 0.5%
Marks & Spencer has reported a 0.5% fall in first quarter like-for-like sales, as the timing of Easter and improved performance in general merchandise led to an improved overall sales performance. Plus, retail sales rise 1.2% last month amid best food sales since 2012, McBride’s annual sales drop 5.9% and all the rest of the latest news from the City
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NewsPukka Herbs slips into the red as it invests in growth
Rapidly growing herbal tea brand Pukka Herbs has slipped into the red as it invested in accelerating growth
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NewsSainsbury's exceeds expectations but shares fail to respond
The market’s negative stance on the grocers is increasingly at odds with the solid growth figures
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NewsNorthern Bloc to ramp up production with growth funding
Since launching its first ice cream from a vintage van at Leeds Trinity Kitchen in 2014, Northern Bloc has grown rapidly and is on course to generate turnover of more than £1m this year.
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NewsC&C UK cider sales miss targets in 'flat' market
The supplier said it anticipated volumes to normalise over key summer trading months…
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NewsOcado half-year results: what the analysts say
The expert take on the rise in sales versus downturn in profits
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NewsInnocent back in the black as exports make up majority of total sales
Innocent also bounced back into the black in 2016, with profits of £8.5m compared with a £700,000 loss in the previous year as it increased investments in European markets and NPD.
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Analysis & FeaturesSainsbury's Q1 results: What the analysts say
Analysts have hailed the 3% rise in grocery sales as a positive development
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NewsCity snapshot: Sainsbury’s first quarter like for like sales jump 2.3%
First quarter like-for-like sales (excluding fuel) at Sainsbury’s have surged by 2.3%
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NewsTulip reports losses but has 'put the brakes on' decline
Newly released accounts for the year to 30 September 2016 reveal a 9% drop in sales to £1.05bn
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NewsNestlé gets more aggressive with updated strategic plan
Daniel Loeb’s Third Point hedge fund called for “bold action” at the “staid” group
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NewsChaucer sees earnings rocket as it opens new US facility
Reported sales at the freeze-dried fruit supplier fell 0.9% to $138m in the year to 31 December 2016…