All Financial Results articles – Page 36
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NewsCity snapshot: Danone raises guidance on price-driven growth
Danone has raised its full year growth forecast after experiencing strong third quarter growth driven by a double-digit rise in pricing
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NewsDhamecha Foods posts £19.4m profit for the year ended 31 March 2022
According to newly filed Companies House accounts, the business posted a pre-tax profit of £19.4m for the year ended 31 March 2022
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NewsCity snapshot: Unilever ups sales forecast as soaring prices boost growth
Unilever has upped it full year growth forecasts as double-digit price hikes drove strong growth in its third quarter despite falling sales volumes. Plus updates from AB InBev, C&C Group and HelloFresh.
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NewsCarlsberg upgrades earnings expectations on strong Asian growth in Q3
Carlsberg has upgraded full year earnings expectations on stronger than expected growth in key markets on volume and pricing increases in the third quarter
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NewsCity snapshot: Virgin Wines expects revenue resilience as under-pressure consumers ditch the pub
Virgin Wines is confident drinkers will ditch pubs and restaurants in favour of socialising at home as household spending is squeezed harder. Plus, Parsley Box considers AIM delisting and Heineken and Reckitt Benckiser issue Q3 results.
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NewsCity snapshot: THG’s sales slow as it agrees new lending package
THG remained in growth in the third quarter amid resilience in its beauty, health and wellness categories, though sales momentum slowed considerably in its third quarter
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NewsPetfood subscription service Butternut Box sees sales leap
Online petfood player Butternut Box saw a 50%-plus leap in sales last year as it built on pandemic demand, though losses grew due to investment in growth
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NewsCity News: Naked Wines shares bounce back after admitting ‘mistakes’ in strategy
Announcing the result of its strategic review on Thursday, Naked said it had ‘reshaped’ its strategic plans
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NewsCity Snapshot: Deliveroo guides down sales growth as order numbers fall
Deliveroo has warned annual sales growth will come in at the lower end of previous guidance after order numbers fell in the third quarter.
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NewsCity snapshot: Naked Wines to pivot to profit focus after ‘mistakes’ chasing growth
Naked Wines has cut growth expectations and pledged to cut costs and staffing levels to prioritise the bottom line after admitting it has “made mistakes” in the pursuit of rapid growth
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NewsCity snapshot: Food prices hit 42-year high as inflation soars
Food and drink prices have soared to their highest levels in more than 40 years, pushing UK inflation back to highs seen over the summer, according to the latest figures. Plus, rising food prices help Nestlé increase organic sales in Q3, Just Eat Takeaway returns to profitability sooner than expected, and hedge fund Third Point reveals new position in Colgate-Palmolive and pushes for sale of its petcare business
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NewsBooths sees annual profits increase but CEO warns of looming cost of living impacts
Profits before tax rose to £3m from £1.9m, while EBITDA grew by £1.4m to £13.3m
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NewsSelfridges sales recover in 2021 as new owners prepare to ride out cost of living crisis
The company posted a full-year sales increase of 28% to £653.4m, up from £508.5m the year before
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NewsOne Below boosts sales by 23% as estate grows and rebrand continues
Accounts at Companies House set out how the chain is rebranding to One Beyond, reflecting a new pricing strategy
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NewsSamworth Bros commits £100m investment following Covid rebound
Samworth has pledged to invest more than £100m in growth over the next two years after bouncing back from Covid
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NewsBurton’s Biscuits sees category share increase as its sales rise
Revenues climbed 7.4% to £295.2m in the 53 weeks to 31 December 2021 – compared with 11.5% in 2020 – thanks to the expansion of its private label business and successful branded NPD, as well as some price increases.
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NewsItsu’s Julian Metcalfe forecasts £100m in supermarket sales ‘very easily’
Founder Julian Metcalfe told The Grocer he expected the “extremely rapid” growth of the group’s grocery arm to continue in 2022 and beyond despite soaring costs and a squeezed consumer.
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NewsBoots recovery boosted by heatwave as footfall picks up
An ongoing turnaround at Boots has been boosted by an uptick in footfall at its city centre stores and travel outlets at airports and train stations as consumers prepared for summer holidays
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NewsCJ Lang focussing on value with promotions and extra staff discounts
Rising costs, however, meant the Spar wholesaler had to introduce a fuel surcharge in August for independent retailers at £10 per delivery
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NewsFilshill increases profits by 17% despite ‘challenging market’
The business said whilst sales and operations were heavily impacted by the pandemic, it had minimised disruption with tight controls to deliver growth