All Financial Results articles – Page 114
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Real Good Food swings to £5.8m loss after troubled year
Beleaguered Real Good Food has swung to heavy losses after a delay in passing on Brexit-linked price inflation and poor cost controls, the group revealed in its full-year results released unscheduled on the London Stock Exchange this afternoon.
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Meat The Alternative to take on Quorn with chilled branded range
The supplier has created an 11-strong range of meals
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Crawshaw Group shares sink as losses widen at value meat retailer
Shares in value meat retail chain Crawshaw Group plunged more than 12% today as its first-half losses widened on the back of the devaluation of sterling and investment in lowering prices in an attempt to lure back customers.
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Hotel Chocolat set to unveil new app and loyalty scheme
The app will give “very different functionality and capabilities” to the site
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City snapshot: Aldi UK sales jump 13.5% to £8.7bn but profits fall back
Aldi grew its UK and Ireland sales by £1bn last year to £8.7bn but investment in growth and price meant operating profits fell by 17%.
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Ocado sees solid growth but reveals Andover investment needed
Ocado proved once again to be one of the most divisive of all grocery stocks
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KP Snacks in black for first time since Intersnack takeover
Operating profits more than doubled after investment in factories over the past three years significantly reduced costs
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Whitworths reports £50m loss as IT works cause supply chaos
Dried fruit & nuts brand Whitworths slumped to a £50m loss last year as sales fell, a new IT system hampered supply, the former management team departed and loans were written off, delayed accounts have revealed.
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Ocado to invest extra £2m in robot-powered Andover site
Fulfilment centre will process 65,000 orders a week once at full capacity
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Whitby Seafoods boosted by £10m sales increase
The scampi specialist credits its strong growth during 2016 to new business wins
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City snapshot: Efficiency focus helps grow profits at Finsbury Food Group
Cake supplier Finsbury Food Group (FIF) has grown pre-tax profits on flat revenues as investments in production efficiency helped boost the bottom line.
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Icelandic Seachill shrugs off volatility to post rise in sales
Revenues for seafood supplier climb by £18m despite ending of M&S supply deal in 2016
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Morrisons to drive further recovery by expanding The Best
Morrisons is to double the size of its The Best premium own-label range by the end of the year
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Filippo Berio profits soar as it predicts tougher year ahead
Sales nudged up 1% to £41.2m in 2016, with a more than £1m fall in cost of sales to £37.4m
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One Stop sales increase 5% as franchise stores turn profit
Overall pre-tax profit was £18.8m, up 25% on the same period last year.
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Morrisons' seventh quarter of growth fails to impress City
As Morrisons found this week, the trouble with over-achieving is that it builds expectations
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Waitrose profits hit by Brexit and store renovation costs
Waitrose sales rose 2.2% to £3.1bn, with like-for-like growth of 0.7%
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Morrisons' seventh quarter of growth: what the analysts say
Industry commentators continue to be impressed by CEO David Potts’ turnaround of the retailer
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McBride bounces back from bruising price war
Own-label supplier McBride was an early victim of the supermarket price wars as heavy branded discounting squeezed sales, but the household goods supplier appears on the way back.
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Typhoo faces second year of decline in flagging black tea
Typhoo and PG Tips both suffered delistings in the past year at Tesco