All Financial Results articles – Page 143
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News
Lily O’Brien’s UK growth pushes group sales to record levels
Irish chocolatier Lily O’Brien’s has posted a record turnover of £27m in 2016 thanks to a growing appetite for its premium offering in the UK.
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News
City snapshot: AB InBev's growth slows in fourth quarter
Anheuser-Busch InBev has reported revenues growth of 2.4% in 2016, but sales growth slowed to just 0.2% in the fourth quarter
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Young’s Seafood on track over Christmas despite “exceptional challenges”
Young’s Seafood CEO Bill Showalter said the frozen fish producer has overcome “exceptional challenges” in the run-up to Christmas to remain on track to hit earnings targets.
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News
Mackie's of Scotland grows sales thanks to new chocolate bar range
Entering the chocolate bar market and a consumer shift towards premium ice cream has helped Mackie’s of Scotland boost sales by 7%.
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News
Greggs rules out 'shrinkflation' as ingredient costs spiral
Greggs CEO Roger Whiteside has promised its staple sausage rolls won’t be affected by ‘shrinkflation’ as the chain seeks to combat the growing threat of rising ingredient prices.
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News
City snapshot: Greggs to cut manufacturing jobs as cost pressures mount
Greggs has reported another solid rise in annual sales and profitability, but has announced it will reduce its manufacturing staff base. Plus all the latest news from the City
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News
McColl’s vows to continue convenience acquisitions as store numbers break 1,000
McColl’s plans to continue its acquisitive push in the convenience grocery sector, despite having only received regulatory approval for its buyout of almost 300 Co-op stores in the weeks before Christmas.
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News
Associated British Food profits lifted by higher sugar prices
Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.
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News
City snapshot: Restructuring hits Adelie’s bottom line
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group after making a £15m opperating loss last year. Plus, Lily’s Kitchen, Unilever/Kraft Heinz and all the latest news from the City.
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News
Adelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
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News
City snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
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News
Branded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
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News
Hotel Chocolat's Angus Thirlwell on cocoa, Brexit and online
Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder
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News
Park Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment
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Comment & Opinion
Asda’s quiet man Sean Clarke is right to focus on more than price
Today’s results provide some encouragement that Asda is at least heading in the right direction, but there’s still a long way to go …
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News
Asda like-for-like sales fall 2.9% in the fourth quarter
Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke
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News
Alternative milk brand A2's global revenues leap 84%
Growth reflected “outstanding results” in A2’s Australia, New Zealand and Chinese markets
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News
Nestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …
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News
Symington's sees £6m loss as cooking sauce brands struggle
A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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News
City snapshot: Symington’s slumps to £6.1m annual loss
Symington’s has slumped to a loss as a raft of delisting for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group