Results – Page 94
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NewsRefresco volumes hit by bad weather and private label challenges
Refresco has warned that volumes will be below full-year expectations as poor summer weather and challenges in the private label business affected the European soft drinks bottler.
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NewsBakkavor reports strong revenue group in UK and overseas
Food group Bakkavor increased revenues 3.2% to £438.7m in the second quarter as it grew business with the supermarkets in the UK and the overseas business continued to soar.
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NewsJBS move to Ireland set to shake up UK and EU meat sector
The planned relocation of Brazilian meat giant JBS to Ireland could stir up the UK meat and poultry sectors and drive further investment by JBS across Europe.
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NewsStock Spirits new CEO focused on Poland turnaround but deals still on the table
The new CEO at Stock Spirits has reaffirmed the European drinks group’s M&A strategy despite the past disagreements with major shareholders.
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NewsProfits surge at Kraft Heinz but organic sales fall back
Adjusted EBITDA increased 23.1% in the second quarter at recently merged Kraft Heinz despite a dip in organic net sales as integration cost savings kicked in.
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NewsBerry Bros & Rudd slashes losses during year of restructure
The Queen’s wine merchant, Berry Bros & Rudd, has dramatically cut its losses despite a drop in sales
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NewsAG Barr shares hit by weather-driven sales decline
The group has been besieged on a number of fronts in the first half as it battled category deflation
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NewsKellogg’s profits improve in Q2 but Brexit to dent revenues in year ahead
Kellogg’s has boosted profits but sales continued to fall, with weakness in the UK cereal market and the Brexit vote to cause greater currency disruption than expected.
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NewsCity snapshot: First half volumes up but sales flat at Kerry Group
Kerry Group has delivered a “solid” first half, with volume growth of 3.2% during the period while sales edged up 0.3% to €3bn
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NewsSodaStream UK sales fizz as consumers cut down on sugary drinks
SodaStream first-half sales in the UK have fizzed 52% higher as consumers continue to ditch sugary drinks in favour of healthier alternatives.
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NewsProcter & Gamble slows sales decline but currency headwinds weigh on outlook
Procter & Gamble slowed decline in sales during the fourth quarter but currency volatility across the world, including in the UK, dampened its outlook for the new year.
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NewsReal Good Food returns to profit but sales in decline
Real Good Food has swung back into the black thanks to the sale of its beleaguered sugar business but sales still went backwards.
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NewsDanone beats expectations as profits surge on stronger dairy sales
Net income at the French food giant more than doubled in the six months to 30 June to €935m
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NewsStrong dollar drags down Coca-Cola’s second quarter sales
Coca-Cola’s net sales dropped 5% in the second quarter to 30 June as Coke was hit by negative currency movement and tough global economic conditions.
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NewsCity Snapshot: Store growth helps sales rise 2.2% at McColl’s
Total revenues were up to £469.2m, driven by the acquisition of 24 new convenience stores
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NewsFever-Tree relaxed about potential tonic war as sales and profits continue to fizz
Fever-Tree’s founders are relaxed about the impending entry of Britvic in the premium mixers category after its revenues soared 69% to £40.6m in first half.
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NewsGreencore sees “modest” Brexit impact as food to go drives sales increase
Greencore’s revenues were up 4% in the 13 weeks to 24 June, with Brexit having only a “modest” impact on the convenience food giant’s trading.
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NewsFamous Grouse owner profits hit by ‘fierce’ competition
The Famous Grouse and Cutty Sark brands suffered double-digit falls in sales, offsetting growth for single malts The Macallan and Highland Park.
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NewsPoor weather drives the worst supermarket sales figures for two years
During the four weeks ending 16 July 2016, the value of sales was down 2.4%