All Financial Results articles – Page 125
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Kellogg profits grow faster than expected but UK drags on group sales
US food group Kellogg has beaten profit expectations in the fourth quarter despite revenues falling for the eighth reporting period in a row, with conditions particularly difficult in the UK.
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City snapshot: Dairy Crest warns cost inflation will hit net debt
Dairy Crest (DCG) has grown volumes in its key brands in the first nine months of the year, but has warned over the impact of rising input prices. Plus Tate & Lyle has upgraded earnings expectations after a strong third quarter, Pernod Ricard grows underlying sales and all the rest of this morning’s news from the City.
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City snapshot: Cost-cutting helps boost earnings for Carlsberg
Carlsberg has posted full-year organic operating profit growth of 5% despite a fall in sales volumes as the early benefits from its cost-cutting programme boosted earnings
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Q&A with Ocado CFO: Amazon, robotic arms and one-hour delivery
Duncan Tatton-Brown talks emerging threats and Morrisons’ increasingly cosy relationship with its largest competitor
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Sayers reports sales decline amid 'challenging year'
North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence
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Loss of Sainsbury's salmon strips £90m from Young's sales
Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016
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Cranswick posts improved revenues despite rising pig prices
Q3 trading update reveals performance in line with board’s expectations as a result of strong export and Christmas sales
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Ocado unveils robotic arm for fruit & veg picking
Technology will remove need for humans to pick easily damaged produce
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Dhamecha posts strong sales and profit growth
Sales at the Today’s Group wholesaler are up 2.1% to £668m for the year ending 31 March 2016
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Greencore posts double-digit festive sales jump amid booming convenience sales
Greencore’s sales jumped 17.1% in the 13 weeks to 30 December as US expansion and continued growth of its food-to-go business boosted sales.
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City snapshot: Profits up at Ocado but international expansion remains elusive
Ocado has posted a 21.8% jump in annual pre-tax profits before exceptional items, but has given no update on its long-awaited international expansion efforts. Plus all the rest of this morning’s news from the City
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City snapshot: First half revenues treble at Conviviality after Matthew Clark buyout
Bargain Booze owner Convivality (CVR) has posted a 211% jump in first half revenues after its transformative acquisition of Matthew Clark. Plus Us Customs gives PureCircle the green light on held shipment and all the rest of this morning’s news from the City.
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Unilever's shares fall despite underlying sales growth
Marmitegate may have grabbed the headlines in the UK last year, but Unilever has bigger problems
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Aunt Bessie's and Abel & Cole owner posts 14.2% sales rise
Profits at William Jackson were hit however by £4m of restructuring costs
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Diageo shares boosted by impressive interim results
Diageo reported growth across all regions on an organic basis
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City snapshot: Unilever's sales growth slows in "challenging" fourth quarter
Unilever has posted full-year underlying sales growth of 3.7% and a rise in profitability, although growth slowed significantly in the fourth quarter
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Alfred Jones accounts reveal £768k loss in final trading year
The retailer said the market presented an “increasingly bleak outlook for smaller independent retailers”…
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City snapshot: WH Smith upgrades profit expectations amid strong travels sales
WH Smith has upgraded its earnings forecast after reporting a 1% rise in like-for-like sales for the 21 weeks to 21 January as strong travel sales made up for the a downturn in high street
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‘Record cost savings’ boost annual profits at Kimberly Clark
Deep cost savings helped boost annual profits at US consumer goods giant Kimberley Clark, despite headline sales falling due to the strength of the dollar.
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Faccenda profits hit by low prices and tough conditions
Combination of currency fluctuations, fierce competition in retail and oversupplied markets materially affected profitability, it says