All Financial Results articles – Page 23
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NewsElla’s Kitchen loses share as cost-conscious families turn to own label
Ella’s Kitchen has seen its market share eroded as parents switched to cheaper own-label babyfood amid price sensitivity in the category
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NewsSimplyCook defies category woes to make first-ever profit
The company called 2023 a “watershed” year and said in its newly filed accounts that it moved into the black thanks to a “right-sized” plan, with lower marketing investment and disciplined cost management
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NewsCity snapshot: Distil fourth quarter sales drop as consumers cut back on spirits
Annual sales were up 17% at listed spirits brand Distil, despite a 47% fall in fourth quarter volumes amid consumer spending pressures
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Comment & OpinionA new dynamic as Tesco increases AI in supplier negotiations
In news its traditional supermarket rivals won’t want to hear, Tesco boss Ken Murphy revealed the retailer was pushing ahead with its next big project
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NewsTesco boss Ken Murphy announces AI-led Express store range review
Growing its market share has seen Tesco bring volume growth back to life in the second half of the year, and profit margins return to levels last seen before the pandemic
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NewsMinor Figures losses hit £10m in face of oat milk challenges in Asia
Losses have widened substantially at Minor Figures but the oat milk challenger said it was on the path to profitability after shifting focus away from Asia to growth markets in the UK and North America
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NewsCity snapshot: Focus on value wins over shoppers as Tesco reports bumper sales and profits
A ‘substantial’ easing of inflation has helped drive a double-digit increase in profits at Tesco as the supermarket boosted market share and saw volumes recover. Plus, full-year results for THG and a first-half trading update from Treatt
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NewsCity snapshot: Cake Box profits beat expectations
Cake Box has lifted profits ahead of market expectations thanks to a renewed marketing push, a brand refresh and a new online store
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NewsHilton offers ‘a lot to like’ for investors as profits bounce back
Profits have bounced back at Hilton Food Group, which clawed back margin as input costs eased and the turnaround of its seafood division progressed ahead of expectations
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NewsCity snapshot: Membership growth boosts sales and profits at Co-op
The Co-op moved back into operating profit last year as strong membership growth and increased like-for-like food sales boosted performance at the group
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NewsLavazza sales pass €3bn but raw coffee costs hit margins
Global coffee giant Lavazza grew global revenues to over €3bn last year, but soaring coffee bean prices hit the group’s profits
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NewsCity snapshot: Supermarket basket size grows as inflation slows
Shoppers have been encouraged to put more in their baskets as inflation eased back to more manageable levels, according to the latest market data released this morning. Plus, full-year results from Hilton Food Group with a turnaround in seafood helping boost profits
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NewsWho Gives a Crap on a roll with rapid UK growth
Sustainable paper products challenger Who Gives a Crap is racking up rapid growth thanks to a loyal DTC customer base and expanding distribution in retail
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NewsGreggs sales shoot up £300m over the past year
Greggs said the performance had been helped by several initiatives including extending opening hours, and partnering with Uber Eats
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NewsBoots hails strong Christmas as it posts 5.9% quarterly sales growth
It helped Boots to notch up its 12th consecutive quarter of market share growth, according to the trading update
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NewsMorrisons posts strongest sales growth in three years
The Bradford-based grocer on Thursday announced a 4.6% rise in group like-for-like sales (ex fuel) in its first quarter to 28th January
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NewsHovis turnaround picks up under new management team
Hovis has made big strides in its turnaround as significant price hikes helped boost revenues and profitability
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NewsCity snapshot: Ocado Retail hails “strong” Q1 performance
Ocado Retail has made a “strong” start to the year as the joint online venture with M&S continued to grow its market shares. Plus, the grocery latest market share data from Kantar and full-year results from Fever-Tree and AG Barr
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NewsCity snapshot: Virgin Wines UK confident of meeting full-year profit forecasts
Underlying profits have more than doubled at Virgin Wines UK in the first half as the DTC group implemented a turnaround strategy
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RankingsBritain’s Biggest Brands 2024: Who’s about to enter the top 100?
Fabric and air freshener brand Febreze is wafting ever closer to the top 100, having put an extra £11.1m through tills
