All Financial Results articles – Page 102
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NewsCity snapshot: Casino plans €2.5bn of asset sales as its targets convenience and online growth
French hypermarket chain Groupe Casino has raised its target from the sale of non-core assets from €1.5bn to €2.5bn over the next year. Plus, the pound rises to multi-month highs as ‘no deal’ Brexit threat recedes and all the latest news from the City.
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NewsMorrisons refuses to rule out Brexit driven price hikes
Morrisons chief executive David Potts refused to rule out passing Brexit-related cost increases onto customers, after ‘no deal’ tariff rates were confirmed
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Analysis & FeaturesMorrisons results: what the analysts say
Here’s what experts have to say about this morning’s results from Morrisons
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NewsHatch Mansfield sees sales fall in 'competitive' wine market
But despite falling sales, protfits were largely stable
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NewsCity snapshot: PureCircle counts the cost of switch to new stevia generation
Stevia producer PureCircle has posted a 5% drop in sales and an escalation of first half losses after reformulation and writedowns hit its performance. Plus, Domino’s Pizza Group reports on “mixed year” as international business drags down performance, staffing changes at Carlsberg and all the rest of the latest news from the City.
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NewsConsumer confidence dents sales and profits at Big Prawn Co
The company said market uncertainty and Brexit-driven currency impacts could affect growth in 2019
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NewsProfits rocket at Heck sausages after manufacturing spend
The premium sausage maker saw sales jump 20% to £21.1m in the year to 31 July 2018
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NewsVeganism trend drives 39% sales growth at Gosh
Profits have also surged 84% to £3.5m amid manufacturing investment
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NewsWaitrose to sell five stores as John Lewis Partnership profits dive
Waitrose has revealed plans to sell five stores to rival retailers, amid sliding profits at the John Lewis Partnership group
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NewsCity snapshot: Greggs annual sales surge past £1bn
Greggs has shrugged off “extreme weather conditions” and wider economic uncertainties to post a jump in full year sales and profits. Plus the rest of the latest news from the City.
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NewsJust Eat sales surge on booming UK orders
A jump in orders and the acquisition of rival HungryHouse helped UK takeaway marketplace Just Eat grow revenues by 43% to almost £780m last year and move back into pre-tax profit.
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NewsSoaring Aperol sales drive 19% UK growth for Campari Group
The popularity of Aperol Spritz and Negroni cocktails boosted the spirit group’s UK sales in 2018
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NewsPep&Co clothing helps drive 'broadly flat' Q1 for Poundland
The variety discounter saw unaudited revenues rise 0.6% to €516m in Q1
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NewsAcquisitions drive 11% full-year sales growth at Nomad Foods
Revenues soared 11% at frozen food giant Nomad Foods in 2018 as it was buoyed by the acquisitions of Goodfella’s and Aunt Bessies
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NewsCity snapshot: Premiumisation drives 4.8% annual sales growth at ABInBev
The world’s largest brewer ABInBev has posted “solid” annual revenue growth of 4.8% driven by pricing and mix improvement.
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NewsCity Snapshot: UK growth drives strong profits at Hotel Chocolat
Strong Christmas sales drove a surge in revenues at Hotel Chocolat during the second half of 2018, WH Smith adds new directors and the rest of the latest news from the City
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NewsDo Kraft Heinz's travails signal the end of the zero-based budgeting era?
After Kraft Heinz posted a US$12.6bn fourth quarter loss, has the poster child for cost cutting shown the era of zero-based budgeting is coming to an end?
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NewsArla hails turnaround success with savings above targets
Arla embarked on its cost-saving measures beginning in April last year
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NewsCity snapshot: Profits stabilise at Finsbury Food Group despite sales drop
Finsbury Food Group was back in profit in the first half of its financial year, though business closures meant headline revenues declined. Plus, ABF to shrug off sugar woes and post annual sales growth and all the rest of the latest news from the City.
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NewsProfits slide at Divine Chocolate amid currency pressures
Profits dropped to just £9k in the year ended 30 June 2018