Results – Page 93
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NewsRed Bull UK & Ireland sales hit as marketing spend falls
Red Bull put this “mixed” performance down to the “highly competitive” UK marketplace
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NewsGreene King nets growth during Euro 2016
Brewer and pub group Greene King has also appointed former Tesco Ireland boss Gordon Fryett as a non-executive director.
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NewsMcVitie's loses £38m from UK biscuit cuts but profit rises
Revenues at United Biscuits UK, which now falls under the Pladis group, declined amid falling supermarket prices
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NewsAsda grows profits 3.3% at expense of sales
Asda has continued to outperform its peers in terms of profits but the protection of the bottom line saw sales plunge by almost £1bn in 2015.
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NewsApplegreen food sales fuel profit growth
Growing food sales have fuelled a boost in profitability at petrol forecourt retailer Applegreen as the group builds on ambitions to expand in the food-to-go market.
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NewsFyffes shrugs off tough banana market to post 14.7% first half growth
Irish fruit importer Fyffes has announced a near 15% increase in first half sales driven by acquisitions and volume growth
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NewsThird quarter like-for-like sales down 1.8% at McColl’s
McColl’s Retail Group has reported a 1.8% rise in total sales in the 13 weeks to 28 August, but a 1.8% dip in like-for-like sales
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NewsArmaghdown Creameries reports sales drop of more than a third
Northern Ireland-based supplier sees sales plummet due to effects of “continued downturn in the global dairy markets”
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Analysis & FeaturesCity news: Steady WH Smith reassures the market
WH Smith said its new store opening programme in the UK and internationally “is on track”
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NewsArla Foods sees sales fall amid European milk price decline
Dairy co-op saw revenues drop by 5.3% in six months to 30 June
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NewsCity Snapshot: Ahold and Delhaize post pre-merger sales growth
The newly combined Ahold Delhaize (AD) has “kicked off with good momentum” after both Ahold and Delhaize Group reported strong second quarter results
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NewsStrong travel performance puts WH Smith on track
WH Smith (SMWH) has announced this morning it is on track to meet market expectations for its full-year trading after strong performance in its travel division
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NewsSales soar at artisan baker Bread Holdings
The owner of The Bread Factory and GAIL’s Artisan Bakery has seen annual revenues soar by 41.5% as UK consumers’ hunger for artisan bread shows no sign of waning.
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NewsBirds Eye says tough conditions will persist as sales dive again
The decline in sales at Birds Eye has accelerated with another £31m wiped off the top line in the challenging frozen market created by the supermarket price war.
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NewsWalmart shrugs off Asda woes to post second quarter sales growth
Walmart’s shares rose 2.5% in early trading to $74.75 after sales growth in its home market helped it record a second quarter constant currency sales rise of 2.8% to US$123.6bn.
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NewsAsda suffers sharpest quarterly sales decline in history
The retailer has now suffered eight consecutive quarterly declines in sales
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NewsCity snapshot: Nestlé reports first half organic growth of 3.5%
Nestlé (NESN) has undershot analyst expectations by reporting first half organic sales growth of 3.5% to CHF43.2bn, plus full year results from Treasury Wine Estates and all the rest of today’s news from the City.
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NewsGlanbia shrugs off dairy market struggles
Glanbia has reported a “strong” first-half performance driven by its performance nutrition division despite the ”challenging” dairy market.
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NewsCity snapshot: Bear targets international growth after 37% sales jump
Healthy snack brands Bear and Urban Fruit saw sales grow by 37% in the year it was taken over by Belgian bakery Lotus. Poundland hopes to be owned by Steinhoff by 16 September, but like for likes for 19 weeks to 7 August are down 4.9%, plus all the rest of the news from the City.
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NewsBear sales soar in run up to Lotus takeover
Snack brands Bear and Urban Fruit recorded another year of healthy growth in the run up to being snapped up by Belgian bakery Lotus for £71m, as parents looked for easy ways to get their kids to eat fruit.