All Financial Results articles – Page 45
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NewsCranswick sales top £2bn as it slams ‘muted’ government response to pig crisis
The pig and poultry giant saw revenues rise by 5.8% in the 12 months to 26 March
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NewsCity Snapshot: Lidl and Aldi grab more share as grocery inflation hits 13-year high
Food price inflation has hit its highest level for 13 years, with Lidl and Aldi stealing more market share from rivals, according to Kantar. Plus, annual results from Cranswick and interims from Greencore and SSP Group, with a trading statement from Hilton Food Group.
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NewsCity News: Premier Foods shares surge on beefed-up dividend and boosted profits
The Bisto and Paxo owner’s trading profits for the year to 2 April of £148.3m beat expectations
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NewsMindful Chef reports surge in growth amid healthy diet boom
Surging grocery growth and expansion into ready meals saw meal kit player Mindful Chef maintain strong growth last year on top of a record-breaking 2020
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NewsFarmfoods holds on to pandemic-fuelled sales boom in 2021
Turnover was down 2.2% in 2021 compared with the previous year but still 32% up on a two-year basis
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NewsCity snapshot: Fever-Tree makes ‘sold’ start to 2022 despite cost pressures
Fever-Tree has said it has made a “solid” start to its financial year, trading in-line with expectations despite logistics disruption and inflationary pressures.
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NewsCity Snapshot: Premier Foods to hike prices higher as Mr Kipling helps group beat profit forecasts
Premier Foods beats profit expectations for the year but warns of more price hikes. Plus, UK inflation hits 40-year high of 9% in April; Virgin Wines strikes strategic partnerships with Great Western Railway and Currys; and Marston’s returns to profit as pub trading returns to normal.
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NewsCity snapshot: Out-of-home rebound boosts Britvic’s sales and profits
Britvic has posted a double digit rise in sales and profits as both in and out-of-home channels grew and immediate consumption bounced back to pre-Covid levels. Plus results from C&C Group and Imperial Brands.
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NewsCity Snapshot: Greggs recovery continues but cost pressures set to increase
A recovery at Greggs has continued in the first quarter as like-for-like sales jumped 27.4% but the high street bakery chain warned of increasing cost pressures.
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NewsCompass Group is ‘a stock you have to own’ as new business opportunities open up
Compass Group shares were hammered during the pandemic, but the catering giant was back on the front foot this week
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NewsWaitrose warns of more inflation-driven “uncertainties” after falling to annual loss
Waitrose has fallen to a statutory loss of £2.3m in 2021/22 Waitrose has fallen to a statutory loss of £2.3m last year after trading profits were heavily impacted by supply chain challenges and pandemic-related costs. The supermarket swung to red from a profit of £126.3m the year ...
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NewsCharities question supermarket profits after calls for windfall tax
Campaign group Sustain cited figures showing 57% of adults were in households with food insecurity
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NewsCity Snapshot: Coca-Cola HBC sales soar despite suspension of Russian orders
Eastern European Coke bottle Coca-Cola HBC has posted a strong rebound in growth despite facing a “turbulent environment” due to disruption in major markets of Ukraine and Russia
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NewsNomad sales volumes and margins slide amid 'difficult' economic conditions
Frozen foods giant Nomad posted headline sales growth in the first three months of 2022 despite tough comparisons and “difficult” economic conditions, but organic sales were down as volumes dropped back
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NewsCity snapshot: Compass Group raises growth forecast as outsourcing picks up
Catering giant Compass Group has hiked its full year growth forecasts after getting back to pre-Covid sales levels at the end of its first half
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NewsHeck posts growth but warns of future impact from rising costs
The North Yorkshire-based supplier saw year-on-year turnover rise by just over £1.6m to £27.7m
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NewsBleiker’s Smokehouse under investigation for food fraud as it enters administration
The North Yorkshire-based smokehouse was previously a supplier of fish products to major UK supermarkets but it is now under investigation by the National Food Crime Unit
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NewsCity snapshot: AB InBev posts volume growth despite price hikes
The world’s largest brewer AB InBev has posted first quarter growth of 11.1% driven by price increases and volume recovery
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NewsFisherman’s Friend owner pins hopes on NPD after sliding to £5.1m loss
The business said it was “fully committed to the future”
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NewsUK profit warnings spike as spiralling costs hit consumer industries
The number of profit warnings issued by UK-listed companies so far in 2022 has jumped 44%, with the beleaguered retail and consumer sectors amongst those worst hit by spiralling inflation