Results – Page 99
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NewsMorrisons’ first quarter like-for-likes up 0.7%
Morrisons records second consecutive quarter of like-for-like sales growth
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NewsSainsbury’s results: what the analysts say
Sainsbury’s has returned to profit but underlying profits fell 13.8% amid a “competitive” market
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NewsSainsbury’s posts 13.8% drop in underlying profit
Sainsbury’s has returned to profit after posting a £72m loss last year but underlying profits fell by 13.8%
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NewsTesco shares hit as JP Morgan Cazenove rubbishes progress
Tesco was the FTSE 100’s biggest faller on Wednesday, dropping 4.7% to 174.8p – its lowest level for two months
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NewsCoca-Cola Enterprises struggles in Q1 as sales lack fizz
Sales at European Coke bottler Coca-Cola Enterprises fell 7% in Q1 with volumes declining as consumers turn away from fizzy, sugary drinks.
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Vimto owner Nichols sales propped up by acquisitions
Vimto maker Nichols is set to relaunch its no-added sugar brands ahead of the summer.
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NewsMondelez profits improve but strong dollar hits sales
Mondelez International has increased earnings 71% in the first quarter as a result of its cost cutting programme.
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NewsHome Retail Group profits slump but Argos digital up 7%
Company incurred an “exceptional goodwill impairment charge” of £852m
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NewsCentral England Co-op profit jumps despite 3% fall in sales
Society invested almost £30m in the business last year
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NewsMcCain’s GB profits up after its focus on higher margin products
McCain Foods boosts UK pre-tax profits 16.5% despite competitive pressures and a dip in sales.
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NewsLyons Seafood boosted by improved availability
Lyons said gross profits “returned to more normal levels” in the year to 27 June 2015
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NewsQ&A with Young's Seafood CEO Pete Ward
Young’s Seafood CEO Pete Ward on price wars; going on the acquisition trail and what the business is doing to replace lost contracts.
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NewsScotmid Co-op sees profit rise as business outperforms market
Turnover and gross profits fell due to shorter trading period
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NewsYoung's Seafood casts its net for acquisitions
The UK group is in talks with more than one competitor as it looks to consolidate the market.
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NewsWing Yip pre-tax profits soar by more than a quarter
Wholesaler will begin building work to double the size of its Croydon depot in July
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NewsPret A Manager sales soar as veggie demand increases
Food-on-the-go chain Pret A Manger has hiked sales by 14% to £676.2m in 2015
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NewsDanone confirms full-year target as like-for-like sales grow in Q1
Danone sales fell 3% in the first quarter to €5.31bn as it faced into severe currency headwinds of -7.2% but like-for-like figures grow 3.5%.
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NewsTesco turnaround fails to impress the City
On the face of it there was plenty to celebrate in the Tesco annual results this week
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NewsFletchers Bakeries back in the black under Finsbury
The morning goods & specialist bread supplier reported a pre-tax trading profit of £5m in the 15 months to 27 June 2015
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NewsNisa says Q4 sales are milestone in recovery
Nisa Retail delivered a 4.9% sales increase in the fourth quarter