All Financial Results articles – Page 166
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News
Kellogg reports $293m loss in Q4 as US cereals market goes soggy
Kellogg has posted large losses in its final quarter and lowered sales expectations as consumers in the US turned their backs on cereals and snack bars.
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News
PepsiCo launches share buyback programme after solid year
After Coca-Cola’s upbeat full-year earnings release yesterday, PepsiCo beat market earnings expectations today while announcing a major share buyback.
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News
Reckitt Benckiser targets margin expansion with "project supercharge" efficiency drive
Reckitt Benckiser is embarking on a major cost efficiency drive after beating market expectations with 4% full-year revenue growth.
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News
Innocent consolidation hurts Coca-Cola's European results
The consolidation of the Innocent juice and smoothie business impacted The Coca-Cola Company’s financial performance in Europe last year. The company said the consolidation of Innocent unfavourably hit operating margins because of the higher cost structure associated with finished goods businesses and because of Coca-Cola’s level of ...
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News
MillerCoors CEO Tom Long to retire in June
Tom Long is to retire as CEO at MillerCoors at the end of June sparking a search for a succesor by the brewing business.
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News
Rouble devaluation hits Metro's first quarter earnings
German retail giant Metro experienced a 2.2% fall in reported group sales as the sharp drop in the value of the Russian rouble hit its first quarter trading.
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News
Tim Steiner: Ocado better-placed than Tesco to face deflation
Ocado is in a “much better position” to weather the storm of deflation and gross margin attrition than Tesco…
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Analysis and Features
Pork prices set to say down with higher UK pig supply
Pork prices are continuing to fall – and it could be some time before they start to recover…
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Analysis and Features
Crude oil price drops: agriculture and fish benefit most
Food production, distribution and packaging costs are set to fall in the wake of declining crude oil prices…
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News
Partner in Pet Food trebles its UK sales after Tesco supply deal
European petfood supplier Partner in Pet Food (PPF) has trebled its UK sales in the past year after securing a deal to supply Tesco with own-label dry and wet foods.
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News
Tate & Lyle issues another profits warning on US sweetener weakness
Sucralose producer Tate & Lyle (TATE) has cut profit guidance for the third time in a year as it suffers from low US volumes and low sweetener prices.
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News
City snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.
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News
Cost cutting drives profit growth at McBride
Private label household goods firm McBride has reported a 4.1% revenues fall to £364.7m in the six months to 31 December 2014.
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News
City Snapshot: Dairy Crest in talks with CMA to push through Müller sale
Dairy Crest holds its breath as it awaits watchdog review of Müller sale. Plus McBride’s first half results and the latest share price movements.
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News
Consumer healthcare sales dip at GSK in 2014
GlaxoSmithKline’s (GSK) consumer healthcare revenues dipped by 1% last year as the global pharma giant struggled to overcome supply chain problems in the US and Europe.
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Analysis and Features
Ocado puts champagne on ice as it focuses long-term value
Champagne corks were not popping over at Ocado HQ yesterday despite the online retailer posting its maiden full-year profit after 15 years of trading, according to CEO Tim Steiner. His focus remains on driving long-term value for shareholders.
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News
Ocado reports its first annual profit in 15 years of trading
Online grocer Ocado has, as expected, posted its first annual profit since it started operating 15 years ago as revenue jumped by almost 20% compared with 2013.
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Analysis and Features
Almond prices driven up by California drought
Producers of almond-based products are being warned they may need to shell out more for their key ingredient…
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Analysis and Features
Tesco price cuts put Asda and even Aldi in its sights
In September 2011, then Tesco UK boss Richard Brasher announced a £500m onslaught against its rivals, which he claimed…
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News
Cake Angels' Fiddes Payne flies high on rising sales & profits
Fiddes Payne, tipped by dealmakers as a takeover target this year, has highlighted its potential to prospective buyers…