All Financial Results articles – Page 3
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Kitwave revenue grows 10% due to latest buying spree
The AIM-listed business completed the acquisition of three businesses last year
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Bakkavor delivers strong results despite strike disruption
Bakkavor has outperformed expectations as the prepared food business grew volumes ahead of the market in the UK
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Greggs’ sales top £2bn but slowdown continues
Greggs’ share price plummeted 10% in January after the chain disappointed investors
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Allan Leighton ‘right not to award Asda managers bonus’
Asda’s market share has slumped from 13.7% to 12.6%, while it was also the worst-performing of the major food retailers over Christmas
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Ocado’s value tanks as investors tire of long wait for profitability
Ocado’s market value plunged by £600m this week as investors grew tired of waiting for jam tomorrow following another year of large losses at the grocery technology group
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Beyond Meat cuts jobs and suspends China operations in bid to reduce costs
Beyond Meat is cutting its expenses over the next two years in a bid to turn a profit by the end of 2026
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Mackie’s profits on the rise amid supermarket success
The bulk of its growth was driven by extra listings for its ice cream in supermarkets like Tesco and Sainsbury’s
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EG Group’s profits lift ahead of expected IPO
An initial public offering could value the business at about $13bn
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City snapshot: Ocado share price down 10% in early trading
Ocado published its full-year results this morning. Haleon’s share price has also taken a hit after its revenues slipped 0.6% last year
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Ocado’s strong grocery sales help cut losses
Ocado Retail, its joint venture with M&S, saw revenue jump 13.9% last year
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Haleon profits rise as toothpaste and vitamins given boost
The Sensodyne owner was spun off from drugmaker GSK in 2022
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Crosta Mollica turnover soars following private equity buyout
Crosta Mollica launched its first pizzas in 2009 and these continue to be its biggest strength
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Thatchers bucks falling cider sales to notch record year
Thatchers’ market share is now almost 20% as it took sales from cheaper rivals such as Strongbow
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Taylors Snacks sales swell following Mackie’s exit
The Taylor family initially launched a range of crisps in 2009 as a joint venture with Scottish food group Mackie’s
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Danone confident in turnaround as sales surpass expectations
Danone wants to be ‘a truly science‑based, consumer and patient‑centric company’
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City snapshot: AB InBev revenue hits record high
AB InBev’s revenue was boosted by more expensive beers although a 19% fall in volumes in China could worry some investors. Also, Glanbia reports full-year results
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Glanbia sales pumped by shoppers’ taste for protein
Optimum Nutrition and Isopure, two of Glanbia’s core protein brands, both delivered double-digit volume growth
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AB InBev beats profit expectations despite China weakness
EBITDA at the world’s biggest brewer climbed by 10.1% in its fourth quarter
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City snapshot: Unilever CEO Hein Schumacher in shock exit
James Edwardes Jones, an analyst at RBC Capital Markets, said he was ‘gobsmacked’ by Schumacher’s departure. Also, McBride confirms half-year results
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B&M boss Alex Russo to step down as chain issues another profits warning
B&M boss Alex Russo is to step down from his position at the discounter as it downgraded its profits guidance for the second time this year