All Financial Results articles – Page 4
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Bovaer controversy fails to dent sales, but Arla warns of inflation to come
Arla came under fire in November for launching a trial of the feed additive on 30 UK farms
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Sterling Meat Co credits strong growth to £1.5m store revamp and quality
The Manchester-based meat retailer – formed out of the remnants of Crawshaws, which closed in 2018 – grew revenues by 11.9% to 25.3m in 2024
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Rude Health profits doubled prior to Oddlygood buyout
Rude Health is bucking a category slowdown in plant-based milks, which saw overall volumes drop 2% last year
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Arla Foods sees revenue and profit grow in ‘strong’ year
The dairy co-op saw revenues climb to €13.8bn at group level, buoyed by positive growth from its key brands
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City snapshot: Kerry Group profits up 8% as prices fall
Kerry said numerous markets remained subdued with performance normalising compared to recent history. Also, British wage growth accelerates
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Kerry Group sees profits boost ahead of dairy sell-off
Kerry agreed to sell its Irish dairy operation last year to help simplify the business to a pure ingredients company
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City snapshot: Coca-Cola Europacific Partners boosts sales with price rises
Coca-Cola Europacific Partners is set to return €1bn to shareholders following ‘a great end to a solid year’. Plus, the CMA has delivered its findings in the infant formula case this morning
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Coca-Cola Europacific Partners to return €1bn to shareholders after ‘solid’ year
Coca-Cola Europacific Partners is launching a €1bn share buyback programme after reporting a rise in revenues and volumes in 2024
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Nestlé shares jump on signs of turnaround progress
Shares soared by more than 6.2% today as a result of the green shoots of optimism that the worst may be over
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Kraft Heinz posts fourth straight quarter of missed sales targets
The food giant is battling sluggish demand for its products
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Tate & Lyle shares plunge as price cuts hit revenue
The FTSE 250 company said profit growth will be towards the lower end of guidance
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Treasury Wine Estates abandons sale of Blossom Hill and Wolf Blass brands
The wines have been up for sale since last August
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Applied Nutrition revenues ahead of expectation following IPO
Applied Nutrition has comfortably beaten sales guidance given at the time of its IPO as the sports nutrition group published a maiden trading update
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British American Tobacco puts aside £6bn for Canadian lawsuit
A Quebec court ordered tobacco companies to compensate smokers for health problems
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Nestlé makes ‘solid’ progress on turnaround journey
Nestlé has hailed a “solid” performance in 2024, with slightly better-than-expected sales growth in the final quarter as the Kit Kat and Nescafé owner hiked the price of coffee and chocolate amid surging commodity costs
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Media Bites 13 February: Coca-Cola/plastic, Heineken, Kraft Heinz
On a fairly quiet news day, Coca-Cola has said it may have to increase its use of plastic in the US
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Unilever to list ice cream business in London, New York and Amsterdam
Unilever said the separation was on track to complete by the end of 2025
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Oatly upbeat on profitability despite missed targets
Oatly has executed a significant transformation in the past two years
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Joe & Seph’s losses bulge in post-pandemic evolution
The gourmet popcorn maker said it is now back in the black and forecasting sales to grow over 20% next year
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City snapshot: Heineken reassures investors with strong results
Heineken says it is set for growth this year after beating its own profit growth guidance in 2024 thanks to a boost in beer sales. Also, Ella Mills buys Allplants brand from administration