All Financial Results articles – Page 154
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Comment & OpinionUK grocery Armageddon is cancelled
It is not a given that a price-only strategy would improve the profit sustainability of Asda
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NewsHilton Food profits soar in first half
A successful launch of meat trading business in the UK has contributed to a surge in profits at Hilton Food Group, alongside volume growth at Tesco.
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NewsOcado predicts growth ahead of ‘tough’ online grocery market
The online retailer is confident following a 15% increase in gross sales
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NewsCity snapshot: Currency movements help boost trading at Hilton Foods
Meat packing firm Hilton Foods has reported “strong” first half trading despite competitive retail grocery markets and uncertain macroeconomic conditions
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NewsButterkist growth slows decline at Tangerine Confectionery
Booming sales of popcorn brand Butterkist has helped slow a decline in sales at parent Tangerine Confectionery.
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NewsAston Manor sales sour as UK cider market goes flat
Aston Manor Brewery is seeking to grow exports as difficulties in the UK cider market continued to sour sales for a second consecutive year.
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NewsCity News: McBride emerges from bruising price war
The City was given renewed optimism about own-label household goods maker McBride this week…
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NewsNoble hatches plan to turn around declining sales and profits
Newly filed accounts in Companies House for Noble Foods show sales dropped 22.2% in the year to 30 September 2015
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NewsRed Bull UK & Ireland sales hit as marketing spend falls
Red Bull put this “mixed” performance down to the “highly competitive” UK marketplace
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NewsGreene King nets growth during Euro 2016
Brewer and pub group Greene King has also appointed former Tesco Ireland boss Gordon Fryett as a non-executive director.
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NewsMcVitie's loses £38m from UK biscuit cuts but profit rises
Revenues at United Biscuits UK, which now falls under the Pladis group, declined amid falling supermarket prices
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NewsAsda grows profits 3.3% at expense of sales
Asda has continued to outperform its peers in terms of profits but the protection of the bottom line saw sales plunge by almost £1bn in 2015.
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NewsApplegreen food sales fuel profit growth
Growing food sales have fuelled a boost in profitability at petrol forecourt retailer Applegreen as the group builds on ambitions to expand in the food-to-go market.
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NewsFyffes shrugs off tough banana market to post 14.7% first half growth
Irish fruit importer Fyffes has announced a near 15% increase in first half sales driven by acquisitions and volume growth
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NewsThird quarter like-for-like sales down 1.8% at McColl’s
McColl’s Retail Group has reported a 1.8% rise in total sales in the 13 weeks to 28 August, but a 1.8% dip in like-for-like sales
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NewsArmaghdown Creameries reports sales drop of more than a third
Northern Ireland-based supplier sees sales plummet due to effects of “continued downturn in the global dairy markets”
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Analysis & FeaturesCity news: Steady WH Smith reassures the market
WH Smith said its new store opening programme in the UK and internationally “is on track”
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NewsArla Foods sees sales fall amid European milk price decline
Dairy co-op saw revenues drop by 5.3% in six months to 30 June
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NewsBargain stores overtake Aldi and Lidl in popularity
Sales at variety discount stores such as Poundland, B&M and Home Bargains have soared by 17% to £4.9bn in the past year.
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NewsCity Snapshot: Ahold and Delhaize post pre-merger sales growth
The newly combined Ahold Delhaize (AD) has “kicked off with good momentum” after both Ahold and Delhaize Group reported strong second quarter results