All Financial Results articles – Page 78
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NewsPoundland revenues flat as rivals open in former Poundworld sites
Like-for-like growth had been driven by Pep&Co, while the positive impact of Poundworld’s demise had been offset by competitors opening in the chain’s former sites, according to newly filed accounts
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NewsCity snapshot: Distil revenues rise 21% since April on strong retail sales
The premium drinks brands owner now expects revenues for the first half up by 75% to 85%
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NewsHiggidy back in profit after stake sale to Samworth Brothers
Higgidy’s pre-tax profits came in at £42k, compared with a £180k loss the prior year
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NewsLosses mount at scotch whisky producer Loch Lomond Distillers
For the 12 months to September 2019, the Loch Lomond Single Malt and Glen Scotia producer generated losses of £17.1m compared with £10.1m a year ago
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NewsOnline sales still haven’t hit ‘high watermark’, says Sainsbury’s CEO
Higher online demand is here to stay, says Simon Roberts in first trading update as new CEO
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NewsCity snapshot: Sainsbury’s sales jump but coronavirus profit hit to exceed £500m
Sainsbury’s has reported a double digit grocery sales increase in the first quarter of the year, but warned it expects a profit hit of more than £500m from the coronavirus crisis. Plus, SSP Group plans to cut 5,000 jobs, B&M continues strong COVID trading and all the rest of the latest news from the City.
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NewsCity snapshot: Distil sees annual sales and profits rise ahead of coronavirus pandemic
The owner of premium drink brands - such as Blackwoods Gin and Vodka, RedLeg Spiced Rum and Blavod Black Vodka - saw sales up 2% to £2.4m in the year ended 31 March 2020
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NewsCity snapshot: Online sales surge boosts Tesco’s first quarter
Tesco has reported first-quarter UK like for like sales growth of 8.7%, including a forecast £2bn rise in online sales which have nearly doubled since the COVID crisis began.
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NewsPremier Foods shares surge to six-year high on strong branded growth
Premier Foods shares jumped to a six-year high this week, as the surge in sales during lockdown looks set to drive its performance this year beyond City expectations.
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NewsMoy Park expects to recover ‘good portion’ of coronavirus financial impact
The business implemented a ‘broad range of actions’ to mitigate the effect of the virus and expects its results to ‘not be significantly impacted’
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NewsPremier Foods sales and profits rise in year of ‘considerable progress’
Premier Foods’ annual sales and trading profits rose last year after strong trading during the coronavirus crisis built on ‘substantial progress’ during the period.
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NewsHolland & Barrett slumps to multimillion loss ahead of coronavirus healthy eating boost
The business reported strong levels of trading during the coronavirus pandemic after slumping to a £25m loss the prior financial year
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NewsDomino’s Pizza UK sales boosted by lockdown but bottom line suffers
Domino’s Pizza Group has reported a rise in first half sales, driven by “rapid” growth in its UK delivery business during the coronavirus lockdown period.
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NewsCity Snapshot: Bakkavor sales ‘showing signs of recovery’ despite May sales drop
UK ready meals player Bakkavor has said its sales volumes have stabilised and show “early signs of recovery in all markets”. Plus, UK GDP posts the worst monthly fall in history, Mitchells & Butlers renegotiates lending facilities and all the rest of the latest news from the City
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NewsCity snapshot: BAT lowers guidance despite ‘resilient’ lockdown performance
British American Tobacco has reported a resilient performance despite the effects of the coronavirus outbreak, with “strong” trading in developed markets
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NewsBigger baskets and large store growth drives Spar UK 2019 sales increase
Spar International reported sales of €37.1bn for the year ending 31 December 2019, representing a 4.4% increase in revenue
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NewsConcerns for Typhoo’s future as it reports continued huge losses
Typhoo Tea has reported mounting losses in a “watershed” year for the business, raising doubts on the historic tea brand’s ability to continue trading
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NewsProfits rise at Fullers Foods as it maintains supply through coronavirus crisis
Frozen specialist Fullers Foods has remained “fully operational” during the coronavirus crisis as it posted a jump in full-year profits.
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NewsCity snapshot: Fever-Tree reports off-trade sales surge amid wider lockdown hit
Fever-Tree has experienced a jump in off-trade sales during the coronavirus shutdown, but has warned the closure of bars and restaurants across its key markets will have a “material impact” on full-year trading
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NewsStrong avocado demand boosts Greencell annual sales
The company’s revenues rose by £9m as a result of volume growth in its retail business