All Financial Results articles – Page 228
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NewsMaximuscle beefs up GSK performance but OTC catches a cold
Lucozade maker GlaxoSmithKline has reported sales growth of 5% across its consumer healthcare business for 2011.
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News
Giants outwitted by more nimble rivals
Big is not always beautiful in grocery. Carrefour and Tesco, the second and third-biggest global supermarkets, were outwitted over Christmas by smaller rivals.
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NewsRecord market share for Colgate-Palmolive
Sales jumped 7.5% to $16.7bn at Colgate-Palmolive last year.
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NewsHealth Lottery gives PayPoint sales a shot in the arm
The launch of the Health Lottery helped to stem the decline in top-up revenues and propel PayPoint towards growth of 8%.
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News
Hancocks sales pass the £100m mark
Sales rose 7.5% at confectionery wholesaler Hancocks last year after more retailers picked up its own-label lines.
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News
Albert Bartlett hit by 'intense' competition
Potato giant Albert Bartlett has warned of “intense” price competition following a 32% fall in profits.
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NewsParfetts turnover tops £300m as exports and retail club shine
A boost from exports and membership of its Go Local retail club have helped AG Parfett & Sons break the £300m turnover barrier.
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Comment & Opinion
Ocado clears the fridge when it should be basting the turkey
The timing of Ocado’s profits warning couldn’t have been worse, laying out for all to see the extent of its…
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NewsGlanbia warns of global dairy slowdown
Glanbia has issued a robust assessment of trading for the year to date, but warned of weakening demand globally for dairy products.
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NewsBrits to spend £33bn on festive food
UK shoppers will splash out £1bn more on Christmas than they did last year, despite the squeeze on consumer spending…
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NewsImperial profits grow again despite sliding tobacco volumes
Imperial Tobacco relied on growth in emerging markets as profits improved by more than 4% over the past year. Operating profits at the Lambert & Butler maker grew to £2.64bn, while price hikes contributed to a rise in total sales of 3.7% to £29.22bn.
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NewsRecord UWS profits hit by £1m legal bill
United Wholesale (Scotland) incurred an exceptional charge of more than £1m in legal costs covering the successful appeal against the conviction of former MD Athif Sarwar for money laundering. Accounts published this week at Companies...
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NewsProfits up a quarter at Home Bargains operator TJ Morris
TJ Morris has posted operating profits of £57.5m for the past year. The figure, for the 12 months to 30 June, represents an increase of 24% over the previous year. Turnover at the discount retailer, which trades as Home Bargains, hit £721m.
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Comment & Opinion
Tesco's fighting talk
Philip Clarke today had the unfortunate task of unveiling what many have described as Tesco’s worst interims for 20 years, despite a tidy rise in profits across the group.
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News‘Mindless munching’ sees sweet sales soar
Brits have munched their way through 120 million more boxes, bags and bars of sweets and chocolates in the past year. Supermarket sales of sweets soared almost 5% year-on-year to a whopping 2.9 billion packs, while the value of the market…
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NewsThe Green Issue 2011: YouGov food waste survey results
An exclusive poll carried out by YouGov on behalf of The Grocer has shed new light on the attitudes and habits of shoppers when it comes to food waste and recycling.
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News
Indie tobacco profits hit by falling margins
Tobacco companies are undermining "the viability of independent retailers" by steadily chipping away at their margins, a leading wholesaler has warned.Figures seen by The Grocer show the trade margin shared between the wholesaler and...
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Comment & Opinion
Peter Marks' very long game
Peter Marks, boss of The Co-operative Group, declared this morning that trading conditions were “the worst” he had seen “in over 40 years of retailing”.
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NewsNon-traditional sales help DCS growth spurt
DCS Europe has reported record sales as it continues to attract customers beyond its traditional cash & carry base. Sales in the year to 31 December 2010 rose by 6.4% to £126m, accounts filed this week at Companies House revealed….
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NewsP&H appoints sales and commercial director
Wholesale giant Palmer & Harvey has appointed Martyn Ward as its new sales and commercial director. Ward starts on Monday and replaces commercial director Peter Austen, who last month announced his intention to leave the wholesaler.