All Financial Results articles – Page 144
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Kraft Heinz promotional activity hurts European sales
Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.
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Nestlé downgrades growth target after challenging year
Sluggish performance put down to slowdown in Western markets during the second half of 2016
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PepsiCo strength at home adds fizz to Q4 sales
PepsiCo boosted sales 5% in its fourth quarter to $19.5bn thanks to steady demand in its domestic US market and a 53rd week in the financial year.
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Activia relaunch fails to turn around brand's fortunes for Danone
European sales are down 1.4% year-on-year, the French dairy giant says
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Tyrrells sales boom as it plans global growth with new owner
Overall turnover, net of discounts and promotional costs, leapt by 25% to £61.6m
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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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Pepsi Max and 7UP growth boosts Britvic’s first quarter
Britvic has reported first quarter revenue of £351m, an increase of 4.3% on the previous year, driven by increased UK sales of carbonated drinks as its still drinks struggled.
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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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Bestway Wholesale profits plunge 56%
The wholesaler suggested its “conscious decision” to invest in the independent retail had contributed to the fall in profits
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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