All Financial Results articles – Page 90
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Kellogg’s sales boosted by snacks and frozen foods growth
Kellogg’s third quarter organic sales rose marginally, driven by growth in snacks and frozen foods
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City snapshot: Beyond Meat makes first quarterly profit as sales surge 250%
Beyond Meat has posted its first quarterly profit as sales of its plant-based meat alternatives jumped 250% in the third quarter.
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Boots UK sales and profits fall in face of ‘very challenging’ UK market
Sales decreased by 1.8% on a constant currency basis, mainly because of a 2.1% decline in Boots UK
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Refresco hit with £8.1m charge following acquisition of Cott
Bottling giant Refresco was hit with an £8.1m exceptional charge last year resulting from its £935m acquisition of fellow bottling firm Cott.
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Bear reports sales fall amid intensifying competition in the fruit snacking space
Fruit snacking brand Bear has seen a reversal of its rapid growth as fierce competition and lower-priced rivals have stunted sales.
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City snapshot: AB InBev warns on profit growth after ‘challenging’ quarter
The world’s largest brewer said it experienced a “challenging” third quarter, with sales and profits lagging expectations due to declines in the US and China
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City snapshot: Heineken third quarter sales rise on Asia-Pacific strength
Heineken has reported a 2.3% organic increase in beer sold during the third quarter driven by double-digit growth in Asia-Pacific. Plus, Carrefour Q3 like for like sales up 2.3% despite French weakness and all the rest of the latest news from the City.
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P&G raises outlook after first quarter sales boost
Procter & Gamble first quarter sales were boosted by higher demand for its healthcare and beauty products
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City snapshot: Reckitt cuts full year forecast after ‘disappointing’ third quarter
Reckitt Benckiser has cut its full year growth expectations after issues in China and the US led to a “disappointing” third quarter. Plus, Devro shuts Scottish factory, new CFO for Ahold Delhaize, trading update from McBride and all the rest of the latest news from the City.
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Just Eat shares fall despite 25% third quarter sales increase
Investors have been unimpressed despite double-digit increases in orders through Just Eat
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Medina Dairy plunges into the red amid dairy market turbulence
New accounts by the processor come in the same week as fellow Sainsbury’s milk supplier Tomlinsons collapsed into administration
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Walkers sales and margins hit amid intense competition
The sales and profits of UK’s biggest crisps brands Walkers were hit last year by consumers shifting away from its core range and a poor potato harvest increasing costs.
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Mars Wrigley Confectionery sales pass £1bn as it benefits from category growth
The confectionery giant posted revenue growth of 31.9% on its 2017 accounts to pass £1bn for the first time…
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City snapshot: Danone lowers growth forecast despite third quarter sales uplift
French food giant Danone has lowered its 2019 like-for-like sales guidance despite reporting revenues growth in its third quarter. Plus, Remy Cointreau announces lower first half sales and all the rest of the latest news from the City.
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Pret a Manger set aside £10m for food allergy scandal costs, accounts reveal
Pret a Manger set aside almost £10m to cover legal costs after it became embroiled in a major food allergy scandal, newly filed accounts have revealed.
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Seabrook Crisps sales boosted by own-label wins in first year under Calbee
Sales and profits at Seabrook Crisps jumped during its first year under Japanese snacking giant Calbee.
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City snapshot: Unilever’s sales growth slows on US and European weakness
Unilever’s underlying sales growth slowed to 2.9% in the third quarter as low growth in Europe and North America dragged back stronger sales in emerging markets. Plus, on a busy day, WH Smith announces $400m US acquisition, Nestlé launches CHF20bn buyback, Pernod Ricard posts muted first quarter growth and all the rest of the latest news from the City.
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Home Bargains outperforming B&M as revenues rise 15%
Home Bargains saw revenues grow by 15% compared with B&M’s UK revenue growth of 8.7%
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United Wholesale Grocers grows turnover by a fifth
Results were boosted by the acquisition of the former Blakemore depot in Gateshead
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United Biscuits’ sales slide amid competition and promotions
United Biscuits sales fell 5.4% last year as consumers turned away from branded favourites.