All Financial Results articles – Page 148
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Edible Oils sales hit by deflationary pressures
The raging supermarket price war, as the supermarkets battle the discounters to win back customers, has hit sales at Edible Oils, the producer behind the Crisp n’ Dry, Mazola and Olivio brands.
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Cook Trading battles 'shaky' start but delivers another record year
Revenues jumped 14% to £45.1m in the year to 31 March 2016 thanks to a strong finish in the last five months, including a “fantastic” performance at Christmas as shoppers sought out quality food..
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Deflation hits UK sales at Princes but profits rise
Annual sales fell at UK food and drink firm Princes as the widespread supermarket price deflation hit revenues, but lower input costs helped profits to grow.
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Wyke Farms back in the black with £2.8m profit
The Somerset-based dairy company bounced back from pre-tax losses of more than £1.1m last year
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New Zealand lamb importer warns of Brexit impact
One of the UK’s biggest importers of New Zealand lamb has warned it faces lower profit margins amid a tightening of supply after this year’s vote to leave the EU.
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Butcher’s Pet Care sales fall for first time since 2005
Sales at pet food maker Butcher’s Pet Care have declined for the first time in ten years but profits continue to soar.
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Dale Farm back in profit despite sales fall
Belfast-based dairy firm Dale Farm moved back into annual pre-tax profit last year despite a 5.1% fall in annual sales.
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Profits plunge at Tesco data arm Dunnhumby
Operating profits dropped by more than 80% at Tesco data arm Dunnhumby in the year that the supermarket failed to strike a deal to sell-off the business.
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First Milk back in the black after focusing on its core strengths
CEO Mike Gallacher said the “scale of our transformation has been delivered by focusing on the big things”
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2 Sisters prepares for tough 2017 as inflation takes hold
CEO Ranjit Singh warns of post-Brexit uncertainty as group reports strong set of Q1 figures
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City snapshot: PZ Cussons remains confident despite Nigerian currency woes
PZ Cussons says its first half is in line with expectations despite a 40% currency devaluation in its key Nigerian market
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Own-label pizza supplier Stateside reports year of growth
Own-label pizza specialist Stateside Foods has grown full-year sales and profits as cost controls and easing commodity prices boosted its performance.
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Tasties of Chester owner PK Food Concepts invests in growth
Losses have widened at foodservice supplier PK Food Concepts despite a healthy jump in revenues as investment in future growth and start-up costs in new operations dragged on the bottom line.
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DCS Group hits 'personal target' of £200m in sales
DCS set the £200m target eight years ago when it reached the £100m mark
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Brexit cost hikes loom for Bart as its losses widen to £551k
Losses have widened at herb and spices brand Bart Ingredients despite another year of double-digit sales growth
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Costco invests in major improvements for online
The wholesaler said it was investing in the merchandising, functionality and distribution of its online business
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City snapshot: Ocado sales growth slows in fourth quarter
Ocado has announced a 13.1% rise in gross retail sales in the fourth quarter, which represents a slowdown on its annual growth of 13.6%
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Seabrook Crisps hit by heavy promotions but profits rise again
Aggressive promotions have taken a bite out of revenues at Seabrook Crips but failed to dent rising profits at the LDC-backed business.
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Real Good Food shares plunge after commodities price warning
Shares in Liverpool-based food group Real Good Food dropped 5,2% after it warned increased raw material and commodity costs could hit future earnings.
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Fortnum & Mason thanks Aldi for Christmas hamper sales boost
The upmarket retailer also announced record-breaking sales and profits for the third year running…