Results – Page 88
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Tasties of Chester owner PK Food Concepts invests in growth
Losses have widened at foodservice supplier PK Food Concepts despite a healthy jump in revenues as investment in future growth and start-up costs in new operations dragged on the bottom line.
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DCS Group hits 'personal target' of £200m in sales
DCS set the £200m target eight years ago when it reached the £100m mark
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Brexit cost hikes loom for Bart as its losses widen to £551k
Losses have widened at herb and spices brand Bart Ingredients despite another year of double-digit sales growth
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City snapshot: Ocado sales growth slows in fourth quarter
Ocado has announced a 13.1% rise in gross retail sales in the fourth quarter, which represents a slowdown on its annual growth of 13.6%
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Seabrook Crisps hit by heavy promotions but profits rise again
Aggressive promotions have taken a bite out of revenues at Seabrook Crips but failed to dent rising profits at the LDC-backed business.
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Real Good Food shares plunge after commodities price warning
Shares in Liverpool-based food group Real Good Food dropped 5,2% after it warned increased raw material and commodity costs could hit future earnings.
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Fortnum & Mason thanks Aldi for Christmas hamper sales boost
The upmarket retailer also announced record-breaking sales and profits for the third year running…
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New stores drive full year sales growth at McColl's
Convenience store and newsagent chain McColl’s Retail Group (MCLS) has announced a 1.7% rise in fourth quarter sales driven by new stores and food and wine conversions
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TJ Morris targets 450 Home Bargain stores by June 2017
Pre-tax profits for the year to 30 June fell 6.9% to £137m while sales were up 9% to £1.6bn
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Crawshaw confident turnaround strategy is working
The value meat retailer reported “good progress” in restoring sales momentum since the trading update in September.
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Cranswick calls for clarity from government on EU workers
It comes as the group posted strong half-year results, with revenues up 16% to £581m on the back of double-digit volume growth.
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City News: Finsbury Food shares hit by Brexit woes
Investor enthusiasm for Finsbury Food Group cooled significantly this week.
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Typhoo tea sales fall as Brexit brews up further trouble for tea brand
Typhoo is the latest casualty in the tea category as falling retail prices, heavy supermarket promotions and flagging demand in the everyday black tea market led to a more than 9% fall in annual sales.
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North America boosts annual results for Compass Group
FTSE 100 catering giant Compass Group has reported to 5% boost to annual organic revenues. Plus all the rest of today’s news from the City …
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Eagle Eye growth accelerates in first quarter
Grocery tech group Eagle Eye has accelerated its growth rate in its first quarter as relationships with Asda and Sainsbury’s powered revenues 74% higher year on year.
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City News: Majestic shares rise as dividend returns
Majestic Wine insisted this week its turnaround plans remain firmly on track despite plunging to a first-half £4.4m loss
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One Stop franchise arm makes £2m trading loss in year two
The franchise business continues to be impacted by set-up costs, though the loss had shrunk from the previous year’s £3m
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Majestic Wine recovery on track despite plunging into the red
Majestic Wine insisted its turnaround strategy is working despite swinging to a loss in the first half, with the wine retailer at the “tipping point” of transforming growing sales into profits.
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Walmart warns Asda turnaround ‘will take time’ as like for likes fall 5.8%
Walmart stressed it remained confident in the management team and said progress had already been made
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City Snapshot: Majestic Wine insists sales growth will boost profits after first half loss
Majestic Wine has posted a £4.4m first-half loss after weak commercial performance and the failure of a US marketing campaign despite sales growth of 13%.