All Financial Results articles – Page 58
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NewsArla expecting stormy end to year, despite strong H1 results
The dairy co-op said its recent milk supply chain issues were expected to continue over the coming weeks, potentially impacting H2 results
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NewsCity Snapshot: Delivery Hero revenues surge but losses edge upwards
German food delivery firm Delivery Hero posted surging sales in the first half of 2021, although its EBITDA losses remained at over €330m as it continued to invest in growth
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NewsCity Snapshot: UK supermarket sales rise as grocery shopping shifts back instore
Total till sales in the grocery sector bounced back to growth of 1.1% in the most recent four weeks as physical stores benefited from a 10% slump in online grocery sales.
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NewsCity Snapshot: Sainsbury’s shares rocket on takeover speculation
Shares in Sainsbury’s have ballooned more than 9% to a three-year high after speculation emerged in the weekend papers that the supermarket group was the next target of US private equity group.
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NewsCity News: McBride issues major profit warning as costs mount
The private-label cleaning goods producer downgraded its full-year profit expectations by up to 65% on Thursday
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NewsEight Fifty Food Group sales and profits rose ahead of Sofina deal
Sales and profits soared at Eight Fifty Food Group in the run-up to the takeover by Canada’s Sofina Foods as the Karro and Young’s owner benefited from Covid-fuelled demand, a growing premium offering, access to China and efficiencies.
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NewsWaitrose ‘only major retailer in growth’ as grocery sales slip
Sales at the retailer were up 0.6% in the 12 weeks to 8 August
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NewsCity snapshot: McBride issues profits warning on rising costs
Household goods manufacturer McBride has slashed its earnings expectations by up to 65% as mounting input and transportation costs hit its bottom line.
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NewsWelsh wholesaler Castell Howell ups driver wages by 24% to fight shortage
It has also increased pay to workers in its six depots by 8% this year
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NewsConfex reports sales jump of 30% since the start of the year
The group has recruited eight new members this year, taking its membership to 219 wholesalers
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NewsCity Snapshot: Carlsberg upgrades profits forecasts as sales recover post-lockdown
Carslberg is the latest brewing giant to report a strong recovery throughout 2021 as pubs and bars reopened following long periods of lockdown.
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NewsOatly sales soar in Q2 on plant-based demand but losses widen
Oatly Group has revealed a more than 50% jump in revenues for the second quarter on the back of “growing global demand” for its range of oat-based products.
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NewsMcColl’s raises £35m to accelerate Morrisons Daily conversions
The convenience retailer said today it is aiming to have converted 350 stores to Morrisons Daily by November 2022
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Comment & OpinionDeliveroo’s Will Shu is enthused by ultra-fast dark store grocery. Now what?
There are strong indications Deliveroo is planning to respond to the threat posed by ultra-fast delivery businesses
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NewsCotteswold Dairy sees strong growth on back of lockdown jump in demand
The doorstep milk delivery specialist saw profits grow by almost 48% last year, latest accounts have shown
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NewsCity Snapshot: Deliveroo beats expectations as lockdown takeaway habits prove resilient
Deliveroo has grown ahead of expectations in 2021 as demand for the delivery service proved resilient even with Covid restrictions easing. Plus, the takeover battle for pharma company Vectura will not head into an auction after US PE suitor Carlyle refused to put in a higher bid.
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NewsUnited Biscuits gets boost in pandemic
Newly filed UK accounts for the year to 31 December show the Pladis-owned biscuits giant grew sales by 4.1% to £867.5m
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NewsNomad Foods sales slow down as Covid crisis passes
Sales have dipped at Nomad Foods as the frozen food specialist dealt with lower consumer demand as Covid restrictions eased and also came up against comparisons with the peak stockpiling period at the start of the outbreak in 2020.
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NewsCity snapshot: Beiersdorf bounces back to pre-Covid levels and skincare demand returns
Nivea owner Beiersdorf has bounced back to pre-Covid levels of sales and skincare demand rebounded in the first half of the year
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Comment & OpinionGreggs is back in profit, but rising costs are a dampener on celebrations
Greggs became the latest food company to point to rising costs as a major threat to profitability