All Financial Results articles – Page 115
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Farmfoods' pre-tax profits halve as sales drop by £25m
Pre-tax profits at frozen foods supermarket Farmfoods more have halved in 2016
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Growth slows as dairy and meat hikes pile pressure on Higgidy
The business warned margins were under pressure in the new financial year
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McCormick UK profit slumps due to weak pound and writedown
It incurred interest charges of £3.7m and an investment impairment of £2m
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Weak pound pushes down Duerr's profits
Profits have slid almost 20% at conserve maker Duerr’s as the weak pound and low sector growth hit the business
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Molson Coors outperforms UK beer market
Carling brewer Molson Coors has outperformed the UK beer market after growing domestic sales 3.1% to £1.35bn last year
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Birds Eye owner Nomad slows decline in UK as prices increases lift sales
Birds Eye and Findus owner Nomad Foods recorded organic growth for the second quarter in a row as the group pushed through price increases
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Greencore shares tumble as it tries to reassure the City
Shares in Greencore have slumped by almost 9% today after the sandwich maker tried to reassure investors over the continued fall in value of the stock during 2017.
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The Kay Group profits fall as tobacco and petrol gets tougher
Kay warned he did not expect to see an uplift in performance in next year’s results
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Tesco £85m investor compensation scheme opens
The scheme, agreed by the supermarket with the Financial Conduct Authority (FCA) in March this year, will cost Tesco an estimated £85m
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Castle Dairies returns to double-digit growth
Welsh butter producer returns to double-digit growth as investment in its factory pays off and exports to Europe rise
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Asda Q2 results: what the analysts say
How have the experts responded to the first sales increase since 2014?
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Asda posts first sales growth since 2014
Second quarter sales were up 1.8%, fuelled by a successful Easter trading period
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Carlsberg sees soaring sales for non-alcoholic & craft beers
Volumes across the brewer’s craft portfolio were up 25% over H1 2017
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Young’s Seafood third quarter sales rise on contract wins
Young’s Seafood delivered double-digit third quarter sales growth after winning new contracts and growing sales in both frozen and chilled goods.
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City snapshot: Price rises drive Carlsberg's 2% first half sales growth
Carlsberg has reported a 2% rise in first half organic sales despite a fall in beer volumes as higher prices supported its overall sales. Plus the pound slides to close to an eight year low against the euro after yesterday’s CPI figures and all the latest news from the City.
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Moy Park continues growth as profits slump at troubled JBS
Moy Park has increased revenues in the second quarter, but profits slumped 80% at its beleaguered Brazilian parent company JBS, which put the Northern Irish poultry processor up for sale earlier this year to raise money to pay off growing debts.
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Coca-Cola Zero Sugar growth boosts first half sales at CCEP
Comparable sales at GB and European Coke bottler Coca-Cola European Partners were up 5% in the first half on strong revenue and volume growth across its major territories.
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Raisio’s first half sales slump on UK confectionery troubles
Comparable sales have dropped 17.3% in the first half at Finish food group Raisio as the falling pound and difficulties in its UK confectionery business hit trading.
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Tyrrells owner Amplify lowers earnings forecast on UK and US market headwinds
Amplify Snack Brands grew sales by more than two-thirds to break the $100m dollar barrier in its second quarter, but the Tyrrells owner warned full-year growth will be slower than previously forecast due to market headwinds in the US and UK.
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City snapshot: Karro Food Group sales surge past £500m ahead of CapVest deal
Karro Food Group has posted a jump in full year sales and profits, cementing its turnaround in the run up to the £180m takeover by CapVest in March. Plus, Kraft Heinz’ second quarter sales slide again, fashion sales slump on the high street and all the rest of the latest news from the City.