All Financial Results articles – Page 68
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News
Avara Foods enjoys solid growth despite pandemic challenges
The poultry giant saw turnover climb by 5.6% in its latest accounts, while pre-tax profit rose 14.3%
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News
City snapshot: Gusbourne DTC sales soar during lockdown
Revenues at English sparkling wine producer Gusbourne have fizzed higher as drinkers ordered more from the company’s own website during lockdowns. Plus, Coca-Cola European Partners received clearance from Australian competiton watchdogs for its acquisition of Coca-Cola Amatil.
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News
Spirit sales in North America uplift Diageo despite closure of pubs
The maker of Johnnie Walker and Guinness surprised the market on Thursday by reporting a 1% rise in organic net sales
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News
Lidl reports £13.6m annual loss in first separate accounts for GB business
The loss after tax came as Lidl GB invested £654m in growing the business in the year ending 29 February 2020, the newly filed full-year accounts reveal
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News
Fortnum & Mason removes all plastic from own-label tea range
The Queen’s grocer also has plans to replace its plastic Food Hall bags with chlorine-free paper ones
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News
City snapshot: US growth boosts Diageo despite pandemic hit to travel sales
Global spirits giant Diageo has shrugged off the closure of pubs and bars across the world and a slump in travel retail to post a rise in organic sales. Plus trading updates from Fever-Tree, Britvic, Tate & Lyle and all the rest of the latest news from the City.
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News
Poundland reports sales growth boosted by new ranges and price points
The growth in the first-quarter to December came despite ’significantly reduced footfall’
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News
Central England Co-op reports 9.2% growth in festive sales
New Year’s Eve saw the biggest jump with an 11% sales hike
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News
City News: Premier Foods share price resurgence levels out
The resurgence in Premier Foods share prices stalled somewhat this week, despite yet more stellar branded growth, as the City began to question how long its sales boom can continue.
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News
Marigold slides into red after fire but lockdown cooking demand provides boost
The business was hit with exceptional costs of £1.3m related to the fire, including redundancy payouts for more than 100 staff, and saw stock worth £2m destroyed.
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News
Cider sales dipped ahead of pandemic, financials reveal
Westons and Aspall have posted losses for the last financial year
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Analysis & Features
Christmas trading: how do all the supermarket performances measure up?
Unpicking the results of a festive grocery battle like none before
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News
City snapshot: WH Smith reports surprise Christmas boost
WH Smith has performed better than expected over Christmas as its high street stores operated at close to 2019 levels despite the ongoing Covid restrictions. Plus, Wincanton upgrades profit forecasts as shoppers turn online. And, inflation rises to 0.6% for December.
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News
Lindt sales slump as Covid lockdown hits Christmas trading
Group revenues slumped 6.1% to CHF 4bn (£3.3bn) in 2020 as a result of lockdown restrictions across the world and a fall in out-of-home consumption. The fall was in line with guidance the Swiss chocolatier gave at the half year, with expected declines between -5% and -7%.
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News
City snapshot: Premier Foods profits jump as branded sales continue to surge
Premier Foods has upgraded its full year profit expectations as consumer demand for its branded goods continues to boom. Plus, Hotel Chocolat posts double-digit Christmas growth despite COVID and all the rest of the latest news from the City.
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News
Florette owner Agrial improves profitability despite sales dip
The company cut back on its losses thanks to ‘improved cost control’, accoring to its latest financial results
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News
Fruit supplier J. O. Sims sees big sales boost after cereal supply contract win
But profits were dented by market volatility and the impact of Brexit on the pound, according to its latest financial results
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News
City unconvinced by Tesco’s Christmas numbers as Booker struggles
The UK’s largest supermarket group announced like-for-like sales growth of 6.7% for the 13 weeks to 28 November 2020
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News
Tyrrells and Popchips acquisitions boost top line at KP Snacks
The addition of Tyrrells and Popchips to KP Snacks’ portfolio of brands has helped boost sales by more than 25%
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News
City Snapshot: Tesco posts Christmas sales growth of 8.1% as Covid costs mount
Tesco has reported a “strong” sales performance in its third quarter and Christmas period, although new coronavirus restrictions have added a further £85m to existing Covid costs. Plus, trading updates from ABF, Bakkavor, Hilton Food Group, Finsbury Food Group and Science in Sport