All Financial Results articles – Page 16
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NewsHeinz volumes tumble as shoppers seek cheaper alternatives
Volumes at Heinz have nosedived further as higher prices put off cash-strapped shoppers, but the ketchup and baked beans giant expects to see a turnaround in 2024 as inflation continues to ease
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NewsCity snapshot: WH Smith launches £50m share buyback as travel division records strong growth
WH Smith group revenue was up 7% in the year ended 14 November, driven by a 10% increase in the travel business, according to a full-year trading update released this morning
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Analysis & FeaturesHas the fizz gone out of Chapel Down?
Declining sales and profitability, alongside the news of its CEO’s departure, have sent shares in Chapel Down tumbling. What lies ahead for England’s leading sparkling winemaker?
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Comment & OpinionAldi is sticking to ‘straightforward low pricing’… for now
Aldi UK & Ireland CEO Giles Hurley delivered a subtle change of tone on loyalty at its 2023 results press conference
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NewsMedia Bites 10 September: Aldi, TGI Fridays, Asda, inflation, Carlsberg
Aldi saw UK profits more than triple last year and plans an £800m expansion drive
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NewsC&C Group shakes up distribution deal with AB InBev
From 1 January, C&C will reassume control and distribution of its cider portfolio in Great Britain
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NewsCity snapshot: Aldi to invest £800m in new stores as it reveals profits boost
Aldi has unveiled its biggest ever store investment programme after boosting profits on the back of record sales in 2023
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NewsBakkavor to shut ‘unsustainable’ Wigan factory, putting 750 jobs at risk
The news came alongside the publication of Bakkavor’s latest half-year results
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NewsPernod Ricard denies China brandy dumping allegations
Producers were ‘very much mobilised’ against the threat posed by tariffs, Pernod Ricard’s CFO said
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NewsFlorette owner Agrial posts further, inflation-driven losses
The bagged salad supplier said it had ’walked away’ from some retail business last year as it sought to recoup risisng costs
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NewsCity snapshot: ABF issues warning over Primark sales and sugar profits
ABF blamed unfavourable weather in the UK and Ireland, which resulted in lower volumes of seasonal lines
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NewsHilton Food Group enjoys further growth in strong first-half results
The meat, seafood and plant-based packer saw pre-tax profits rise by almost 38% like for like, in the first half of 2024
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NewsNew launches help Itsu grocery revenues surpass £50m for the first time
The supplier launched total of 27 new products in grocery in 2023
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NewsCity snapshot: Andrew Carter quits as Chapel Down profits slump
Chapel Down and Hilton Foods announced results and personnel changes. Itsu reported record grocery sales.
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NewsSamworth Brothers records £22.5m hit from Revolution Kitchen closure
Operating profits at Samworth Brothers fell by 22.2%, to £20m as a result
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NewsCity snapshot: ‘Softening trends’ lead Brown-Forman to miss quarterly sales and profit forecasts
The Jack Daniel’s maker’s sales were down 4% on an organic basis in the three months to 31 July
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NewsFirst Milk delivers big profit boost in ‘healthy’ 23/24 results
First Milk put its strong showing down to improvements in its underlying performance over the past three years
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NewsCity snapshot: Pernod Ricard hails ‘robust’ performance despite full-year sales decline
The group’s full-year sales for the year to 30 June were down 1% organically to €11.6bn
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NewsArla hails branded performance in ‘robust’ half-year results
The dairy co-op said volume-driven revenue growth increased by 4.1% globally and by 11% in the UK
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NewsCity snapshot: Naked Wines making ‘real progress’ on turnaround despite widening losses
Revenues at the embattled business also continued to slide