All Financial Results articles – Page 11
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City snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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Poundland aiming for 50% operational carbon reduction by end of 2024
The variety discounter wants to ‘lead the value retail sector on the transition to a low carbon economy’
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City News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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Crawshaws successor Sterling Meat Co posts more strong growth
The Manchester-based retailer delivered a 54.3% jump in sales to £22.8m in the year to 31 December
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City snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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City snapshot: Beyond Meat sees 18% sales plunge on weakening plant-based demand
Vegan foods pioneer Beyond Meat saw an 18% plunge in first quarter revenues as demand in the category continues to weaken
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2 Sisters owner Boparan remains £23m in the red despite price hikes
2 Sisters owner Boparan remained £23.1m in the red last year despite a double-digit rise in sales as soaring cost inflation hit the poultry giant’s bottom line
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City snapshot: Pricing drives growth at AB InBev despite US struggles
The world’s largest brewer AB InBev grew first quarter revenues despite a dip in volumes and ongoing struggles in the US. Plus updates from Henkel, Ahold Delhaize and all the rest of the latest news from the City
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City News: Haleon shares take hit as sales volumes swing backwards
Shares in consumer health giant Haleon took a hit this week after sales volumes went backwards in the early months of 2024 to undershoot expectations
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City snapshot: Haleon grows first quarter sales on price increases
FTSE 100 consumer health player Haleon has posted a ‘solid’ start to the year, despite a volume and headline revenue decline in the first three months of 2024.
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City News: Sainsbury’s posts booming growth but City sceptics remain
Booming sales, rising profits and a bullish forecast were not enough for Sainsbury’s to win over City sceptics this week, as it faced a fall in GM sales and the prospect of tough comparatives
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Butcher’s Pet Care back in the black after £30m sales growth
Petfood player Butcher’s Pet Care has bounced back into the black following stellar sales growth, driven by growth in its range and international reach
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Harvey Nichols recovery hampered by cost increases and discounts
Latest accounts add further detail to what was a difficult period for the retailer
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DCS Group aims for sales of £500m within three years
DCS, which was founded 30 years ago by entrepreneur Denys Shortt, moved its distributing operations to a 300,000 sq ft facility in Banbury in 2017
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CBD pioneer Trip tops Fast 50 list of food & drink brands
Surging growth pushed Trip to the number-one spot in the annual Fast 50 ranking conducted by mid-market financial services firm Alantra
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Sainsbury’s ‘winning the weekly shop’ as Simon Roberts hails ‘strongest year’ for grocery
More customers were now choosing to do their ‘main weekly shop’ with Sainsbury’s and more often, Simon Roberts claimed
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City snapshot: Sainsbury’s forecasts profits of £1bn in 2024 on strong grocery growth
Sainsbury’s has posted an uplift in underlying annual profits and forecast another rise in profits in the current financial year. Plus updates from Unilever, Nestlé, CCEP, WH Smith and more
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Kerrygold owner sees 8% profit slump due to market challenges
The dairy company reported a turnover of €3.4bn, which was flat on last year when the company reported a record sales performance
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City snapshot: PZ Cussons to sell-off St Tropez to refocus group
PZ Cussons is kicking off a sale process for self-tanning brand St Tropez as part of reorganisation of the group. Plus, Reckitt Benckiser, Heineken and Nichols report Q1 numbers, Supreme issues a year-end trading update, and Haleon appoints Tate & Lyle CFO as its new CFO.
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Relations with suppliers at ‘all-time high’ says Asda owner Mohsin Issa
Issa said the support of suppliers was vital for the next phase of investment in prices and loyalty