All Financial Results articles – Page 86
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News
Karro Food Group losses continue to grow under CapVest
Newly filed accounts in Companies House show pre-tax losses for the year to 29 December 2018 rose to £9.2m…
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News
City snapshot: Cost inflation and weak pork market drive losses at Karro
Losses continued to mount at pork giant Karro Food Group in its first full year under CapVest ownership, plus all the rest of the latest news from the City.
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News
Kroger suffers first quarter earnings slump
Kroger, the largest pure-play grocery chain in the US, has posted a 62% slump in profits for the first quarter of 2019, due to lower gains on business sales and lower gross margins in its pharmacy business.
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News
Bell Food warns on profits as China's swine fever drives up pork prices
Switzerland’s Bell Food Group warned of a 9.4% earnings reduction in the first half of its financial year, due to a “massive” jump in pork prices linked to the outbreak of the African swine fever in China.
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News
Superdrug profits slide amid ‘challenging’ conditions
Warm summer weather and growing sales of vegan goods drove a rise in annual revenues at health and beauty chain Superdrug last year, but profits fell back amid “challenging times” on the high street.
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News
Charlie Bigham’s sales jump but profits slip into the red
Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
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Analysis and Features
City uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
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News
Iceland reports 4.5% rise in sales as EBITDA falls back
Sales were boosted by a net increase of 43 stores
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News
Spanish fine foods importer Mevalco doubles sales last year
A customer showroom and new kitchens are due to be completed in the autumn
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News
City snapshot: Tesco first quarter growth slows amid 'subdued' market
Tesco is continuing to outperform a “subdued” UK grocery market, as its first quarter like for like sales rose 0.8% in the UK and Republic of Ireland. Plus, Majestic Wine confirms “advanced discussions” over the sale of Majestic Retail and Commercial businesses, M&S rights issue undersubscribed, PZ Cussons trading update and all the rest of the latest news from the City.
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News
Symington's sees sales and profits rocket as turnaround continues
The Ragu owner reported a rise in sales in the year to 26 August 2018 from £115m to £120.3m…
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News
City snapshot: Global demand for premium spirits boosts Rémy Cointreau
French spirits giant Rémy Cointreau has posted annual sales growth of 7.9% driven by strong global sales of its key premium brands.
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News
Camelot reports £255m boost in National Lottery sales
Altogether £1,654.7m was generated for good causes and £4,128.5m was awarded in prizes to players
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News
Network Rail reports retail sales jump across 18 train stations
Across Network Rail’s managed station estate, like-for-like sales rose by 2.4% for the fourth quarter
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News
Applegreen reports solid trading so far in 2019
Forecourt trader Applegreen will continue to explore opportunities in the US, chairman Daniel Kitchen will announce at its AGM this morning.
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News
LRS maintains profits despite soft drinks levy and dip in sales
LRS has posted a drop in sales of £5.9m but its pre-tax profits edged up regardless
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News
Beavertown off-trade sales surge 500% after Heineken sale
The surge had been largely driven by the popularity of its session IPA
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Analysis and Features
What progress do M&S's annual results show?
There were several examples of positive progress, or “green shoots”, highlighted in the results
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News
Pep&Co clothing drives soaring revenue growth at Poundland
Store numbers rose by 0.5% from 871 to 875, with 20 opened and 16 closed as Poundland continued to ‘rationalise its portfolio’
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News
Quorn's profits dip as it steps up investment in growth
Veggie foods specialist Quorn grew sales by 7% last year, though profits fell back as it continues to invest in expansion of its meat-free ranges.