All Financial Results articles
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News
Pernod Ricard wine sale expected ‘in the next week’, CFO says
The disposal represents a significant downsizing of Pernod Ricard’s business in the UK
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News
Ornua sees profits surge but warns of Trump tariffs impact
The Irish dairy co-op warned ’global trade tensions’ remained among ’the key potential shock factors in the months ahead’
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News
City snapshot: Sainsbury’s shares up 4% after ‘record year’
The supermarket warned that its profits would fall this year as it spent to ‘maintain its competitive position’
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News
Pernod Ricard blames sales forecast miss on disruption in China and India
Sales in the three months ended 31 March fell organically by 3% to €2.3bn
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News
City snapshot: WH Smith looks to shake off tariff concerns ahead of high street sale
WH Smith saw profits in its travel arm rise 12% in the first half of the year
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News
WH Smith travel profits jump ahead of high street sell-off
The retailer confirmed the sale to Modella Capital should complete in the summer
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News
Cruzcampo and Murphy’s shine for Heineken amid wider beer declines
Despite volumes falling, performance was ‘better than the market’, Heineken insisted
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Comment & Opinion
B&M can’t keep relying on new stores for sales growth
That challenge is not looking any easier after today’s update highlighted fmcg as the area of weakness
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News
City snapshot: B&M looks to shore up sales after another weak quarter
B&M is planning to open 45 new stores this year despite weaker sales across its stores
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News
B&M taking steps to improve performance as weaker same-store trading continues in Q4
Growth in general merchandise was offset by weaker trading in fmcg
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News
Media Bites 11 April: Tesco profits, Barry Callebaut, coffee prices
Tesco has warned that its profits will be lower this year to give it more wriggle room to cut prices
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News
Vertical farming giant Jones Food Company appoints administrators
The Lydney, Gloucestershire-based business closed its doors on Monday 7 April with 61 staff made redundant
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Comment & Opinion
Tesco’s Ken Murphy unphased by ‘intensified’ supermarket competition
Murphy was keen to point out Tesco’s limited exposure to tariffs, and suggested Asda’s price push was part of a general increase in competition
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News
Genius Foods bailed out by owner after losses mount
Katjes has sought to initiate a turnaround at Genius since buying the business in 2022, but has struggled to make much headway
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News
Tesco slashing £500m of costs as price war escalates
Tesco is cutting an additional £500m of costs amid escalating costs and falling profits, saying it needs the ‘flexibility and firepower… to respond to current market conditions’
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Analysis & Features
What do Co-op’s results tell us about its ‘right-sizing’ and wholesale challenges?
Co-op says sales are up £100m and it is progressing well on its strategy of ‘making convenience more convenient and focusing on being the best small store retailer’
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News
Eco cleaning brand Smol edges closer to profitability
Smol has prioritised growth since it raised $34m in a series B round in 2021
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News
City snapshot: Hilton Foods’ profits up 15% off strong volume growth
The business is set to expand its international presence with a launch into Saudia Arabia next year
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News
City snapshot: Applied Nutrition’s revenue grows on strong UK demand
The company said it did not expect to be materially impacted by US tariffs as it has ‘a number of options’ to mitigate the impact
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News
Trump tariffs ‘shouldn’t dampen prospects’ for sparkling wine, Chapel Down boss says
Chapel Down hopes to win 1% share of global champagne by 2035