All Financial Results articles – Page 74
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News
Whole Foods Market sees losses increase
Amazon-owned Whole Foods Market lost a further £6.7m last year despite slimming down its estate to focus on more profitable London stores.
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City news: AG Barr shares flourish after showing Covid resilience
Shares in Irn-Bru maker AG Barr fizzed more than 15% higher to 430p on Tuesday after it assured investors of the strength of its balance sheet and floated the prospect of a resumption in dividend payments next year.
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City snapshot: Pets At Home upgrades profit expectations
Consumers flocked to its shops and veterinary operations over the summer
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PZ Cussons profits dive but Carex is star performer in the UK
Carex drove growth in the first quarter and has increased UK market share to about 40%
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General Mills profits soar as consumers continue to eat more meals at home
Old El Paso recorded double-digit growth in Europe & Australia in the first quarter US food group General Mills has continued to benefit from increased in-home consumption despite consumers returning to restaurants as coronavirus lockdown restrictions eased. Revenues in its first quarter jumped 9% to $4.4bn, with ...
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City snapshot: Trading improves at SSP as concessions reopen
Trading at travel concession group SSP has improved as sites across Europe continued to reopen
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City snapshot: Profits lose fizz at Irn-Bru maker AG Barr as lockdown hurts hospitality sales
The shutdown of the hospitality sector during the first coronavirus lockdown in March hit the Irn-Bru maker
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City snapshot: Coronavirus outbreak takes a slice out of Finsbury profits
Sales and profits have slumped at Finsbury Food Group
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City News: Ocado enjoys another share price surge following summer sales surge
Ocado’s market capitalisation broke through the £20bn barrier this week
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Whitworths sees coronavirus-driven sales jump as home baking booms
The ingredients and healthy snacking supplier has seen sales jump 10% during the coronavirus period
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Co-op to grow BAME representation in its leadership team
Co-op wants to ensure 10% of its 600-strong leadership team would be from black, Asian or minority ethnic backgrounds by 2025
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Lockdown demand spike drives sales jump for Hilton Food Group
Sales were boosted by increased UK participation with Tesco and increased home consumption driven by Covid
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Soaring food sales boost Co-op first half performance
Total revenues in the 26 weeks to 4 July were up 7.6% to £5.8bn driven by the strong performance of its food and wholesale arms
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City Snapshot: John Lewis Partnership scraps staff bonus as it suffers £635m loss
The John Lewis Partnership has scrapped its annual staff bonus as it suffered a first half loss of £635m amid restructuring costs and heavy writedowns of its John Lewis store estate. Plus, grocery sales boom at Co-op, update from Hilton Food Group and all the rest of the latest news from the City.
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Coronavirus outbreak hits first half sales at Science in Sport
Sports nutrition group Science in Sport posted a drop in first half sales and an underlying operating loss given the “severe disruption” to its business caused by the COVID 19 pandemic
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City snapshot: Ocado sales surge by 52% ahead of M&S switch
Ocado’s retail revenues soared by 52% in the 13 weeks to August due to sharply rising demand for online groceries - plus, growth slows in August as more meals are eaten out according to the latest grocery market share figures.
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City News: Morrisons shows surge in demand is double-edged sword
The retailer on Thursday revealed a jump in first-half sales could not mitigate the extra costs caused by the coronavirus
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City snapshot: Morrisons profits dented by extra coronavirus costs
Morrisons has reported a surge in first half sales, but a double-digit fall in profitability as the extra costs of operating through the coronavirus crisis hit its bottom line.
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Bakkavor first half sales drop in ‘challenging’ market
Ready meals maker and fresh foods producer Bakkavor saw a 4.6% fall in first half revenues as Covid-19 had a “significant impact” on performance.
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City snapshot: Wincanton raises market expectation on back of online demand
The online shopping boom during the coronavirus pandemic has significantly boosted revenues and profits at logistics group Wincanton