All Financial Results articles – Page 80
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John West sales down but profit hike reflects margin improvements
The decline was partly driven by a drop in the total canned fish market
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Pepco annual sales jump on Poundland acquisition and store estate growth
Pepco’s sales were boosted by the addition of Poundland’s 775 stores to its estate
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Lindt UK sales continue to rise on Lindor craze
Soaring sales of Lindor chocolates have boosted Lindt UK’s performance in 2018
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Kingfisher sales soar but profits hit by hiring drive
CEO Damon Swarbrick said profits were “in line with expectactions as we absored a number of one-time costs and recruiting for 18 new roles”
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UK sales hit record low as Brexit woes continue
Like-for-like retail sales shrunk by 1.7% in September from a fall of 0.2% in 2018
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City snapshot: Stock Spirits boosted by Eastern Europe spirits market growth
Eastern Europe focussed spirits distiller Stock Spirits Group has said it is on course to hit full year guidance despite tax issues in Poland and “highly competitive” trading conditions.
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Scottish Spar operator CJ Lang returns to growth
The 100-year-old business reported a 56% growth in underlying profits for the year to 30 April 2019
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PepsiCo’s third quarter revenues rise as it ramps up marketing
PepsiCo has reported a 4.3% increase in third quarter revenues, as ramped-up marketing spend boosted demand for its soft drinks and snacks
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Media Bites 3 Oct: Deliveroo, Tesco, Tariffs
Deliveroo has seen revenues jump 72% in 2018 but losses widened 17% to £232m as the ride haling app invested into new markets and competitiveness in challenging areas. Revenues came in at £476m but operating expenses surged to £349.4m from £106m the previous year (The Financial Times ...
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Whitworths sales continue to slide but operational losses improve
The business is now focused on shifting from being an ingredients-focused company to a healthy snacking firm
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City snapshot: Tesco CEO Dave Lewis to step down
“I believe that the tenure of the CEO should be a finite one and that now is the right time to pass the baton,” he said.
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Innocent sales rocket amid European expansion
Innocent has posted further revenue growth last year, with sales rocketing to nearly £400m as health-conscious consumers flocked to buy its smoothies
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Hovis Holdings hails ‘solid year’ after £9.1m bakery sales boost
At group level, Hovis Holdings’ sales were £460.9m – a 2% decline on 2017
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City snapshot: Greggs outlook unchanged as third quarter sales rise
Greggs posted another quarter of sales increase, while analysts predict Tesco’s interim sales to flatline amid strong comparatives and Brexit uncertainty
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Burton’s makes return to growth as sales of sweet biscuits rise
Burton’s returned to growth in 2018, with sales up 1% to £235m
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Birds Eye UK sees second year of sales growth but profits tighten
The frozen food manufacturer posted revenues up 5.9% to £431m for the year ending 31 December 2018
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Moy Park heralds ‘strong financial performance’ for 2018
Its latest accounts show growth in both operating profit and revenues
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City snapshot: Müller posts further significant UK losses in face of ‘broken’ market
Müller’s UK & Ireland business has slumped to another significant annual operating loss, on the back of challenging conditions in the liquid milk category.
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Burts Snacks sales jump 50% following popcorn acquisition and organic growth
Burts annual sales jumped in 2018 but the company swung to a pre-tax loss of £608k due to rising costs
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Branston owner Mizkan Euro expects redundancies after losing key contract
Branston pickle and chutney maker Mizkan Euro has announced the loss of a “significant” private brand contract that will likely result in a programme of redundancies