All Financial Results articles – Page 7
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News
Chapel Down boss credits ‘deep’ promos for festive sales boost
Promotions helped Chapel Down boost off-trade sales in the second half of 2024
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News
Procter & Gamble beats estimates as shoppers buy more
Net sales rose 2% in the three months to 31 December, the biggest increase in three trading quarters.
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News
City snapshot: ABF in choppy waters while Chapel Down shows signs of hope
Associated British Foods has cut its guidance for Primark in 2025 while THG says it’s on track after the demerger of its Ingenuity business. Chapel Down posts strong Christmas to offset tough year.
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News
THG predicts growth in 2025 following Ingenuity demerger
Sales at THG have fallen in the final quarter of 2024 as the group completed its demerger of the Ingenuity platform
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News
Chapel Down hails ‘strong Christmas’ with off-trade sales recovery
Supermarket sales have improved after a dismal first half showing
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News
Associated British Foods cuts guidance due to tough UK market
Morgan Stanley and Citi both lowered their ratings on ABF this week due to concerns over Primark’s sales outlook
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News
Cooks Coffee UK expansion gets off to slow start
The owner of Esquires Coffee set out plans last year to hit 305 stores by 2035
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News
Oddbox moves closer to profitability after business reset
The wonky veg box company has seen sales falter with three successive years of falling revenues
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News
City snapshot: Premier Foods and Cranswick boosted by premium desire
Premier Foods raised its profit guidance after a strong Christmas quarter for its branded products, while Cranswick said its premium lines did ‘extremely well’.
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News
Cranswick celebrates record Christmas as shoppers go premium
The meat processor said its premium value-added products performed ‘extremely well’ in the 13 weeks to 28 December
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News
Premier Foods lifts profit guidance after merry Christmas quarter
Premier said there was a notable increase in premium sales
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News
Caffè Nero records highest day of sales in ‘record’ Christmas
The chain recorded positive Christmas results, with sales up from the same period last year
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News
City snapshot: Higher palm oil prices drive profits performance at MP Evans
MP Evans is set to report “strong” results for 2024 thanks to a boost to palm oil prices during the year. Plus, Poundland set for radical restructure and Britvic shares cease trading on London Stock Exchange. And this week’s City diary
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Analysis & Features
Christmas 2024: what were the highs and hiccups for supermarkets?
Supermarkets took the cheap veg battle to a new low of 8p this Christmas. How did it pan out and what else did they try?
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News
City Snapshot: McBride shares soars as dividend reinstated on strong trading performance
Shares in McBride have surged this morning as the own-label household cleaning products supplier guided for a continued improvement in profitability and higher revenues. Plus, ONS retail sales data for December and Aldi reveals London expansion
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News
Supermarkets suffer ‘a very poor month’ in December: ONS
Volumes in food stores slumped by 1.9% in December, contributing to an unexpected contraction for British retail sales last month, according to the latest gloomy economic data to be released this morning
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News
Superdrug sales up 6.6% over Christmas
Same-store like-for-like sales were up 5.1%, the health & beauty retailer said
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News
Ocado rollercoaster continues as shares soar on Christmas update
Ocado shares raced 13% higher to 305p following the update on Tuesday morning, with investors most likely focusing on the FY25 guidance promising further ‘market-leading sales growth and volume momentum’
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News
Innocent slashes annual losses on factory ramp-up and market share gains
Innocent Drinks has slashed its losses after heavy investment in its new Rotterdam factory drove efficiencies amid rising sales and regaining market share
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News
City snapshot: Bakkavor and Deliveroo look strong while Poundland woes go on
Bakkavor grew revenue by 4% last year despite strike disruption. Also, Deliveroo see “encouraging signs” from its souped up loyalty scheme while Poundland’s struggles continue.