Results – Page 79
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NewsCity snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
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NewsWeak pound hits first quarter sales at Raisio
Finnish food group Raisio has announced an 18.9% fall in first quarter revenues as the weak pound hit sales of Benecol and its confectionery products in the UK.
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News58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
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NewsAB InBev's UK volumes grow in double digits in first quarter
Global volumes dropped –0.5%, but revenues were up 3.7% (organic) compared with the same quarter in 2016
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NewsMondelez sees commodities costs rise despite falling cocoa prices
Confectionery giant was unable to take advantage of lower prices because of hedging arrangements
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NewsMults record the best growth since 2013 as discounters power on
The UK grocery market posted its best growth figures since 2013 over Easter
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NewsSainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages
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NewsMahou San Miguel reports 'record-breaking' full-year results
The San Miguel owner attributed much of its success to the brand’s relaunch in 2015
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Analysis & FeaturesMorrisons results: what the analysts say
Morrisons’ like-for-like sales rose 3.4% in the 13 weeks to 30 April – its highest growth rate yet under CEO David Potts
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NewsCity snapshot: Morrisons reports 3.4% first quarter like-for-like sales jump
Morrisons’ like-for-like sales has risen by 3.4% in the 13 weeks to 30 April – its sixth consecutive quarter of like-for-like growth. Plus, Kerry Group confirms full year expectations after solid first quarter, Carlsberg’s revenues up 4% in first quarter, Sainsbury’s shares plunge and all the latest news from the City
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Comment & OpinionIt’s been ‘challenging’ – but Sainsbury’s might enjoy a long-term gain
Sainsbury’s, the UK’s second largest supermarket chain, may be under the cosh at the moment for its falling sales, but its online investment is where things could really start to pay off
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NewsGrocery sales growth hits highest level since 2013
The UK grocery market recorded its best three months of sales since September 2013, according to market share figures from Kantar Worldpanel
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Analysis & FeaturesSainsbury's results: what the analysts say
Sainsbury’s has reported a 1% drop in profit before tax for the year to 11 March. Here’s how leading City and retail analysts reacted to the news
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NewsSainsbury's bullish in face of third year profit decline
Chief executive Mike Coupe is confident in strategy to accelerate Argos proposition and grow online
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NewsCity snapshot: Sainsbury’s profits dip in 'challenging' grocery market
Sainsbury’s underlying profit before tax fell by 1% in the year to 11 March amid a ’competitive and uncertain trading environment’
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NewsProduct recall hits first quarter sales at Altria
Net revenues at Marlboro cigarette maker Altria were held back by a sharp drop sales of non-tobacco products after a product recall in January.
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NewsJust Eat's sales jump 46% in first quarter
The UK’s appetite for takeaway food shows no sign of waning despite concerns over a squeeze on consumer spending as Just Eat reported another 46% jump in first quarter sales
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NewsPremium gin producer Brockmans reports "record" year
Brockmans has benefited from new listings in 115 M&S branches, Wine Rack, Harvey Nichols and Punch Taverns…
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NewsPepsi adapting quicker than Coke, earnings updates reveal
Pepsi beat analyst expectations with a 41% jump in first-quarter net income and a better than forecast 1.6% rise
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NewsTate & Lyle Sugars blames EU for annual trading loss
Tate & Lyle Sugars is pinning turnaround hopes on a new post-Brexit regulatory approach to sugar imports after blaming the EU for another annual trading loss.