All Financial Results articles – Page 20
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NewsBoots posts strong fourth quarter performance as owner looks to slash $1bn from costs
It was Boots’ 10th consecutive quarter of market share growth, with gains across all main categories, according to the health & beauty retailer
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NewsMoy Park takes major knock to profitability as high inflation bites
The processor said cost rises continued into 2023
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NewsCity snapshot: Hotel Chocolat back on the front foot after year of losses
Hotel Chocolat’s boss said the high-end confectionery chain is back “on the front foot” as it rolls out its new experience-led store format. It comes after a year of losses as the group restructured its international business.
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NewsCity snapshot: Marston’s flags strong performance for new strategy
Pub group Marston’s has increased like-for-like sales by 10.1% in the year to 30 September thanks to a “strong” performance for food and drink.
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NewsLosses widen at Innis & Gunn as rising costs hit profitability
The cost of energy was cited as a significant factor in the brewer’s losses
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NewsCity News: Tesco shares soar on profits upgrade
Tesco shares rose sharply this week as the UK’s largest supermarket hiked its full-year forecasts, on the back of a jump in sales and profits in the first half
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NewsSt Pierre sees sales surge past £150m
Global sales surged past the £150m mark at St Pierre Groupe last year as it was bought by Mexican bakery giant Grupo Bimbo
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NewsThis targets profitability after heavy losses
Meat alternative producer This is targeting profitability by 2025 as it shifts focus from hyper-growth to improving margins following heavy losses.
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NewsCity snapshot: Imperial Brands commits to £1.1bn share buyback as it reiterates guidance
Tobacco giant Imperial Brands will gives a further £1.1bn back to shareholders next year as it announced its trading remains on course to hit full year expectations
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NewsHovis falls to £28.6m loss amid cost recovery delays
Wrapped bread player Hovis has fallen to a near £30m loss amid delays in passing through soaring input costs
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NewsHenderson Retail turnover soars almost a fifth to £572m
The company put its results down to the cost of living crisis driving more frequent shopping missions to manage grocery waste
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NewsTesco has halved price gap with Aldi, claims boss Ken Murphy
Tesco launched its Aldi Price Match scheme in March 2020 and is now matching Aldi on 650 products, with a further 1,500 pinned to B&M and Home Bargains
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NewsPilgrim’s UK hails bounceback as losses shrink
The pork giant saw operating losses fall from £16m in 2021 to £2.26m last year, its latest accounts have shown
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NewsCity snapshot: Tesco raises profit guidance after “strong” first half
Tesco has lifted its outlook for the year as revenues and profits jumped in the first half, with CEO Ken Murphy expecting food inflation to continue to slow over the coming months.
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NewsCity snapshot: Greggs sales growth tops 20% as evening shoppers boost trading
Sales are continuing to boom at food-to-go stalwart Greggs as new openings and increased customer visits boosted third quarter revenues
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NewsLittle Moons’ meteoric rise continues as it plans new UK factory
Mochi ice cream pioneer Little Moons is to open a new factory to meet booming global demand after more than doubling sales last year
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NewsCity news: AG Barr boosted by revenue growth and Boost acquisition
Acquisitions and organic revenue growth helped AG Barr boost its first-half revenues by a third, but profits were hit by a rise in lower-margin sales and soaring costs.
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NewsCity snapshot: East Imperial hit by production halt amid funding delay
Premium mixers supplier East Imperial saw second quarter revenues hit by funding delays to reduce overall first half revenues despite strong first quarter growth
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsCity snapshot: Diageo remains on course despite cost pressures and economic uncertainties
Diageo said this morning it would ‘move with speed and agility and continue to invest in marketing and innovation’