All Financial Results articles – Page 163
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News
M&S shares soar as food sales grow and clothing turns a corner
Shares in Marks & Spencer have shot up to a new seven-year high as the group revealed it performed ahead of the grocery market in the fourth quarter and reversed 14 straight quarters of declining fashion sales.
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Analysis and Features
Cadbury promotes most but Easter deals decline overall
There has been an 8% drop in deals in featured promotional space in the run up to this Easter
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News
Steep fall in Scotch exports
The SWA said the decline – following flat value sales in 2013 – had in some areas been a result of political volatility and changes in stock levels
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News
Treatt stock jumps on positive first half update
Shares in listed ingredients group Treatt jumped 3% today to 144.7p as it reported “solid” revenue growth in its first-half compared with a year ago, with profits also up.
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News
Drambuie sales suffer as revenues fall in US and Europe
If currency fluctuations were stripped out, it would have meant a 4% rise on the previous year, according to newly filed accounts
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News
Fever-Tree targets US growth as listed results show success
It achieved growth across all its regions, and launched in its 50th country during the year
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News
Hilton revenues fall as prices and currency movements bite
Revenues reduced by 2.3% from £1.12bn to £1.1bn, reflecting a 4.6% unfavourable movement in exchange translation
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Analysis and Features
Smaller players can still prosper in tough grocery market
Much of the commentary around the relationship between grocer and supplier has focussed on the supermarkets squeezing unreasonable terms from under-pressure manufacturers. But this is not necessarily the case.
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News
Fletchers acquisition boosts Finsbury Food Group revenues
Cake and bakery supplier Finsbury Food Group has reported a 24.1% jump in first half revenues after being boosted by its acquisition of Fletcher’s Bakery Group.
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News
Fever-Tree's sales and earnings grow by almost 50%
Sales and earnings at premium drinks mixer supplier Fever-Tree were both up by almost 50% in its first year as a listed company.
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Comment and Opinion
Profitability and predictability: Ousting retail’s ‘like-for-like’ facade
Every year the key players in retail release their annual ‘like-for-like’ data, but is this really painting an accurate picture of their successes?
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News
Sainsbury's Mike Coupe says price war narrowing discounter gap
Huge price investments by the major multiples have begun to close the price gap on Aldi and Lidl,…
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News
2 Sisters CFO Steve Leadbeater vows chicken group will recover
2 Sisters is a profitable business, despite its £143m loss last year, and remains well on the road to recovery…
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News
General Mills' sales and profits fall as it looks to cut jobs
Sales and earnings at General Mills, which owns brands such as Old El Paso, Lucky Charms cereal and Green Giant, have fallen in its third quarter as a result of the strong dollar and restructuring costs.
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Analysis and Features
The Grocer Says: Sainsbury's beats forecasts but a return to growth remains a distant prospect
Sainsbury’s share were up by 5.5% from their Friday close price early this morning after its fourth quarter like-for-like sales defied doom-mongering forecasts.
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News
2 Sisters warns of more pain as Avian flu and price war hits trading
2 Sisters is feeling the effects of the supermarket price war with boss Ranjit Singh warning of difficult trading conditions
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News
FrieslandCampina predicts 2015 dairy growth despite end of EU milk quota
Global dairy firm FrieslandCampina has warned that the disappearance of the EU milk quota could lead to more volatility in the dairy market, but remains upbeat about 2015 prospects.
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News
Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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News
Waitrose operating profits tumble 23.4%
A significantly higher level of investment and one-off items have bitten a large chunk out of Waitrose’s operating profits
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News
Morrisons to close 23 M Local stores as it posts £792m loss
Morrisons has posted a £792m loss for the year to 1 February on the back of a £1,273m property impairment.