All Financial Results articles – Page 102
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NewsCity snapshot: Unilever’s sales growth slows on US and European weakness
Unilever’s underlying sales growth slowed to 2.9% in the third quarter as low growth in Europe and North America dragged back stronger sales in emerging markets. Plus, on a busy day, WH Smith announces $400m US acquisition, Nestlé launches CHF20bn buyback, Pernod Ricard posts muted first quarter growth and all the rest of the latest news from the City.
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NewsHome Bargains outperforming B&M as revenues rise 15%
Home Bargains saw revenues grow by 15% compared with B&M’s UK revenue growth of 8.7%
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NewsUnited Wholesale Grocers grows turnover by a fifth
Results were boosted by the acquisition of the former Blakemore depot in Gateshead
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NewsUnited Biscuits’ sales slide amid competition and promotions
United Biscuits sales fell 5.4% last year as consumers turned away from branded favourites.
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NewsP&H collapse and supply issues led to £17m loss for Costcutter
However CEO Darcy Willson-Rymer said he was ‘optimistic about 2020’
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NewsWalkers Shortbread boss warns of challenges from US tariffs and Brexit
Brexit and the potential imposition of US tariffs on British goods were making business ‘very challenging’, said Jim Walker
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NewsJohn West sales down but profit hike reflects margin improvements
The decline was partly driven by a drop in the total canned fish market
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NewsPepco annual sales jump on Poundland acquisition and store estate growth
Pepco’s sales were boosted by the addition of Poundland’s 775 stores to its estate
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NewsLindt UK sales continue to rise on Lindor craze
Soaring sales of Lindor chocolates have boosted Lindt UK’s performance in 2018
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NewsKingfisher sales soar but profits hit by hiring drive
CEO Damon Swarbrick said profits were “in line with expectactions as we absored a number of one-time costs and recruiting for 18 new roles”
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NewsUK sales hit record low as Brexit woes continue
Like-for-like retail sales shrunk by 1.7% in September from a fall of 0.2% in 2018
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NewsCity snapshot: Stock Spirits boosted by Eastern Europe spirits market growth
Eastern Europe focussed spirits distiller Stock Spirits Group has said it is on course to hit full year guidance despite tax issues in Poland and “highly competitive” trading conditions.
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NewsSales surge £7m at Liberty Wines
Revenues hit £75m at the supplier for the year ending 31 March 2019, latest results reveal
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NewsScottish Spar operator CJ Lang returns to growth
The 100-year-old business reported a 56% growth in underlying profits for the year to 30 April 2019
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NewsPepsiCo’s third quarter revenues rise as it ramps up marketing
PepsiCo has reported a 4.3% increase in third quarter revenues, as ramped-up marketing spend boosted demand for its soft drinks and snacks
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NewsMedia Bites 3 Oct: Deliveroo, Tesco, Tariffs
Deliveroo has seen revenues jump 72% in 2018 but losses widened 17% to £232m as the ride haling app invested into new markets and competitiveness in challenging areas. Revenues came in at £476m but operating expenses surged to £349.4m from £106m the previous year (The Financial Times ...
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NewsWhitworths sales continue to slide but operational losses improve
The business is now focused on shifting from being an ingredients-focused company to a healthy snacking firm
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NewsCity snapshot: Tesco CEO Dave Lewis to step down
“I believe that the tenure of the CEO should be a finite one and that now is the right time to pass the baton,” he said.
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NewsInnocent sales rocket amid European expansion
Innocent has posted further revenue growth last year, with sales rocketing to nearly £400m as health-conscious consumers flocked to buy its smoothies
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NewsHovis Holdings hails ‘solid year’ after £9.1m bakery sales boost
At group level, Hovis Holdings’ sales were £460.9m – a 2% decline on 2017