All Financial Results articles – Page 94
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NewsYoung’s posts £10m loss but sales and underlying profits up
Young’s Seafood posted a further £10m pre-tax loss in its financial year before being acquired by CapVest, but sales and underlying profits improved as turnaround progress continued.
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NewsBlue Skies looks to mitigate no-deal Brexit with longer-life NPD
The brand is developing longer-life products to avoid being hit by possible border delays
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NewsCrediton Dairy ‘on course’ to become market leader after latest results
The firm posted steady growth in turnover and profits which were ’in line’ with expectations
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NewsConsumer confidence ‘at six-year low’ due to Brexit, warns Asda’s Burnley
Walmart reported 0.5% like-for-like sales growth for Asda, excluding petrol, for the period 1 April to 30 June 2019
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NewsFinlays annual profits jump on eight-figure assets sale gain
Coffee and tea supplier Finlays saw double-digit profits rise last year as it gained from the sale of non-core assets
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NewsCity snapshot: Carlsberg ups guidance on ‘strong’ first half growth
Danish brewing giant Carlsberg has upgraded its full year earnings expectations after strong revenue growth and margin improvement in the first half of the year.
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NewsCofresh posts double-digit sales growth amid factory investment
Indian snacks producer Cofresh experienced “good growth” in all markets last year, with double-digit increases in both sales and profits.
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NewsCity snapshot: Adnams beer volumes beat market but losses rise
Adnams has reported beer volumes ahead of the market for the first six months of the year, but losses rose on increased costs and falling value sales. Plus all the rest of the latest news from the City.
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NewsKraft Heinz woes continue as it reports ‘unacceptable’ interim results
The packaged food giant reported pre-tax profits of $1.17bn, down 50% year-on-year
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NewsCity snapshot: CCEP shrugs off poor weather to post first half growth
Coca-Cola European Partners has posted a “good” rise in first half sales volumes, revenues and profits despite poor weather in the second quarter of the year. Plus, first half trading updates from Coca-Cola European Partners, Kerry Group and all the rest of the latest news from the City.
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NewsAston Manor profits plunge despite sales increase as exceptional costs hit
Profits have tumbled at cider producer Aston Manor despite sales rising 5% in the first year of ownership under French co-operative Agrial as one-off costs hit the bottom line.
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Comment & OpinionWatch out, challengers: a new generation of fmcg CEOs is fighting back
It is no longer about big brands or small brands, but relevant and purposeful brands, says Warren Ackerman
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NewsStrong Aperol sales boost Campari interim results
Campari’s sales jumped 9% in the first half of the year driven by the soaring popularity of Aperol across Europe
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NewsCity snapshot: BAT first half sales up 4.6% on pricing and tobacco alternatives growth
British American Tobacco has grown first half revenues by 4.6% to £12.2bn as growth in pricing and new categories mitigated a continued decline in sales volumes. Plus, all the rest of the latest news from the City.
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NewsProduce World profits rise amid divestments and focus on potatoes and roots
The fresh produce grower was able to increase profitability by divesting surplus assets and refocusing on potatoes and roots
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NewsYo to roll out Japanese food kiosks in Tesco stores after trial
Tesco tested the kiosks in two Extra hypermarkets in Bournemouth and Sunbury-on-Thames last October
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NewsCity snapshot: Just Eat profits plunge as investment hits bottom line
Just Eat has experienced an almost complete wipe out of its first half pre-tax profits as it increased investment ahead of a multi-billion pound merger with Dutch contemporary Takeaway.com. Plus, UK consumer confidence steadies in July, trading updates from Glanbia and Devro and all the rest of the latest news from the City.
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NewsCity snapshot: Greggs profits soar on stellar first half sales growth
Greggs first half profits surge on strong sales growth, Reckitt Benckiser’s first half growth sags to just 1%, Greencore third quarter sales fall in “challenging” period and all the rest of the latest news from the City.
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News‘Firm foundations’ at First Milk after second consecutive year of growth
Turnover is up and profits are ‘stable’ according to the co-op’s 2018/19 report
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NewsIPO attempt costs drive £1.75m Lakes Distillery loss
British spirits brand The Lakes Distillery fell to a £1.75m loss last year as it counted the cost of an attempt to list on the London Stock Exchange.