All Financial Results articles – Page 18
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NewsFalling oil prices dampen KTC Edibles sales
Oils and canned produce specialist KTC Edibles saw a drop in sales and profitability last year amid a share drop in commodity prices following spikes in 2022
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NewsOatly upgrades growth forecasts as it makes ‘solid progress’
Revenues in the second quarter nudged up 3.2% to $202.2m, with “solid” volume growth in each of its divisions
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NewsWhitworths returns to pre-tax profit as sales boom
Whitworths is looking ahead to “an exciting year” after the dried fruit and nuts brand bounced back into the black on the back of double-digit sales growth
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NewsCity News: Unilever shares soar as turnaround picks up pace
Investors ignored missed sales forecast at Unilever in favour of big beats to margin improvement targets to send shares at the Hellmann’s and Magnum supplier soaring to the top of the FTSE 100 on Thursday
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NewsCity snapshot: Unilever misses Q2 sales targets but makes profitability progress
Unilever has missed growth expectations in its second quarter as prices softened and CEO Hein Schumacher continued with a turnaround plan. Plus, half-year results from Nestlé and British American Tobacco, a full-year trading update from Virgin Wines and a Q1 update from Tate & Lyle
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NewsCity snapshot: Reckitt unveils brand sell-off to simplify operations
Reckitt Benckiser is offloading its portfolio of homecare cleaning brands and the embattled baby formula business to focus on its stable of power brands in health and hygiene. Plus, the latest NIQ supermarket sales figures, first-half results from Nichols and a Q3 update from Greencore
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NewsCity snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
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NewsCity News: Rollercoaster week as Ocado shares rebound on earnings upgrade
It’s been another rollercoaster week in the life of Ocado, as the under-fire online supermarket suffered a share price plunge on Monday on a broker downgrade – only to bounce straight back the next day on an earnings upgrade
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NewsTate & Lyle profits surge after weak sugar beet harvests
Tate & Lyle Sugars enjoyed a huge jump in sales and profits last year as the cane sugar refiner benefited from weak European sugar beet harvests.
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NewsCity snapshot: Premier Foods first quarter sales rise on branded volume growth
Premier Foods has posted a 5.3% rise in first quarter sales, boosted by volume growth and market share gains across its branded portfolio
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NewsOcado CEO takes aim at ‘ludicrous’ growth predictions of rapid delivery players
‘There was a lot of talk about two years ago that they were going to destroy Ocado Retail… We told you back then that their model wasn’t sustainable’
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NewsCity snapshot: Global shift to online grocery resumes as Ocado cuts losses
Online grocer Ocado has almost halved its first-half losses amid a double-digit increase in revenues as the ‘global channel shift to online has now resumed’
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NewsNoble Foods delivers rise in core profits
Happy Eggs producer Noble Foods Group saw headline losses increase last year, but sales and underlying profitability improved despite “challenging” conditions
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NewsCity snapshot: Poundland like-for-like sales decline on supply chain issues
Poundland owner Pepco Group has posted a drop in like-for-like sales in its third quarter, amid a sharp drop in organic sales at Poundland
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NewsHolland & Barrett transformation boosts revenues but drags on profitability
Holland & Barrett has boosted revenues by £81m as an ongoing transformation plan attracted more customers to its stores, but losses at the health and wellness retailer widened
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NewsCity snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3
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NewsCity News: Sainsbury’s hails ‘strong momentum’ despite non-food slowdown
Sainsbury’s ‘Food First’ strategy saw it crowned Grocer of the Year at the Gold Awards 2024 this week but while there was “strong grocery momentum”, its shares were hit by slowing growth
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NewsT&R Theakston posts growth despite ‘tumultuous year’ for brewers
Yorkshire-based brewery T&R Theakston has reported double-digit growth for last year
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NewsThe Cheeky Panda plans for growth as it achieves profitability
Eco toilet paper challenger The Cheeky Panda has bounced back into the black and is in a “terrific position for growth” in 2024
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News‘Ultra premium’ focus and overseas demand drives double-digit growth at Edrington
Edrington profits also saw a 6% uplift