All Financial Results articles – Page 116
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Losses deepen as profit margins drop at Daniels Chilled Foods
Newly filed accounts show the Hain Daniels subsidiary recorded an almost £18m decline in turnover
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Haribo sales jump 4% despite 'challenging' market conditions
Dunhills (Pontefract) grew sales despite a 1.2% decline in the wider consumption of confectionery last year
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Company Shop eyes further expansion after profits boost
Turnover in the year to 30 September 2017 rose 8% to a new annual high of £34m
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Froneri returns to profit in first year since R&R/Nestlé merger
Froneri said it had “performed strongly” in the year to 31 December 2017
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City snapshot: Kroger soars on first quarter earnings jump
Shares in US supermarket group Kroger jumped 9.6% yesterday after it announced first quarter earnings comfortably above analyst expectations. Plus all the rest of the latest news from the City.
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City snapshot: Starbucks' third quarter to undershoot expectations
Starbucks has announced new sales forecasts for its third quarter trading significantly below analysts’ expectations. Plus, Dairy Crest boss Mark Allen’s pay doubled last year to £2.6m and all the rest of the latest news from the City.
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Majestic Wine back in black but remaining cautious
Majestic posted a full year pre-tax profit of £8.3m after reporting a loss of £1.5m last year
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Sales jump 31% at Ferrero after Thorntons acquisition
However as sales grew, profitability suffered
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Cidermaker Thatchers' sales rocket 17% to grow profits
The manufacturer of Thatchers Gold and Thatchers’ Haze brands hit sales of £84.9m on the back of increased marketing investment
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Pukka Herbs' losses mount despite 28% jump in annual sales
Revenues continued to soar at organic herbal tea brand Pukka Herbs, but losses mounted in the year leading up to its acquisition by Unilever.
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Food Warehouse expansion drives 8% Iceland annual sales rise
Sales at Iceland rose 8% for the year ending 30 March 2018 driven by the expansion of its Food Warehouse concept and improved organic growth in the fourth quarter.
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City snapshot: Tesco first quarter like-for-likes up 2.1%
Tesco’s growth plans are firmly “on track” after it reported a tenth consecutive quarter of growth, with UK like-for-like sales up 2.1% in the first quarter. Plus, sales at Iceland rose 8% for the year ending 30 March 2018 with like-for-likes up 2.3% and all the rest of the latest news from the City.
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City snapshot: Majestic Wine back in the black despite “challenging” home market
Majestic Wine has posted a full year pre-tax profit of £8.3m after reported a loss of £1.5m last year as the improved performance of its Naked Wines business boosted the bottom line. Plus, PZ Cussons warns Nigerian economic troubles will hit profits, NWF Group reports year head of expectations and all the rest of the latest news from the City.
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Profits up at Fullers Frozen Food after 5.7% sales increase
Sales at Fullers Frozen Foods jumped up 5.7% to £285m in 2017 from £269m, driving up profits despite cost increases
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City snapshot: CCEP faces rising costs due to UK sugar levy
Coca-Cola European Partners will today tell investors that revenue is growth for the year is expected to be in the “low-single digits” but that the recent UK soft drinks levy will add 4% to its costs. Plus, Deliveroo is to rapidly expand across the UK and increase its restaurant numbers by around 50% and all the rest of the latest news from the City.
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City snapshot: Currencies weigh on first half earnings at British American Tobacco
British American Tobacco said its first half-year trading was in line with expectations but warned that currency exchange rates would inhibit growth. Plus, the latest on Poundworld’s plunge into administration and all the rest of the latest news from the City.
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Dr Oetker profits fall 31% after cost increases
Frozen food supplier Dr Oetker has seen profits fall on the back of cost increases despite a 2.4% rise in sales
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Commodity cost increases and weak pound hit profits at Filippo Berio
Premium olive oil supplier Filippo Berio saw a fall in profits despite 8% sales growth as it was impacted by increasing commodity costs and a weaker pound
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Charlie Bigham's adds capacity as it records 18% profits rise
The upmarket ready meal manufacturer saw pre-tax profits rise to £4.1m for the year ending 31 August 2017, after sales rose 7.5%
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WH Smith exceeds expectations with solid third quarter sales
WH Smith’s “profit-focused strategy” seems to be winning more friends in the City than it has on the high street