All Financial Results articles – Page 94
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News
First quarter losses widen at 2 Sisters amid “substantial turnaround challenge”
2 Sisters owner Boparan has once more posted widening losses in its first quarter as it continues to tackle its “substantial turnaround challenge”.
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News
Poundstretcher sales and profits drop as it expands estate
The Grocer revealed last week that Poundstretcher planned to convert the entire estate to the Bargain Buys banner
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News
Grocery growth slows as Christmas looms
The latest grocery market share figures have showed the weakest supermarket sales growth since March 2017 as the industry heads into the vital Christmas trading period.
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Analysis and Features
McColl's shares hit record low as shadow of P&H collapse endures
A year has proved a long, painful period for McColl’s investors, who have seen the value of their shares drop by more than 75% after another damaging profit warning this week.
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News
McColl's says P&H woes are behind it despite profit warning
The convenience retailer adjusted full-year EBITDA to £35m from the forecasted £44m
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News
Sushi Daily growth and Pret contract loss hits Taiko Foods
Waitrose sushi supplier Taiko Foods has fallen into the red after being hit by the growth of Sushi Daily and the loss of its Pret a Manger supply contract.
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News
City snapshot: Associated British Foods warns of “tough” retail market
Associated British Foods has warned of the impact of a “tough” retail market on its Primark clothing chain, which experienced “challenging” conditions in November. Plus the FTSE has its worst day since Brexit and all the rest of the latest news from the City.
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News
Jascots blames cost hikes and poor harvest for pre-tax loss
Its managing partner John Charnock called it “an interesting year for wine merchants that specialise in servicing the on-trade”
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News
Market share gains drive first half growth at packaging giant DS Smith
FTSE 100 packaging firm DS Smith has grown organic revenues by 3.2% in the first half due to volume growth and market share gains and announced plans to sell its plastics division.
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News
McColl's shares plummet after profit warning issued
Convenience retailer McColl’s shares plummeted 23% after it issued a profit warning, blaming problems relating to its Morrisons supply contracts
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News
Fortnums sees profits rise 26% through multichannel sales
The queen’s grocer had its sixth successive year of double-digit sales growth
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News
Profits slide at Refresco after rise in raw material costs
Refresco Beverages saw pre-tax profits dive to £7.3m in the year ended 31 December 2017
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News
City snapshot: Lower pig prices hold back Cranswick’s first half growth
Protein supplier Cranswick has posted first half revenue growth of just 0.6% as export sales fell back. Plus, Greggs upgrades full year expectations on strong autumn trading and William Jackson Food Group agrees to buy premium olive oil brand Belazu.
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News
Cake Box half year profits jump 34% in first post-IPO trading update
Cream cake retailer Cake Box saw adjusted profits surge 34% in its first half year results since launching its IPO on the AIM market in June
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Analysis and Features
City News: Majestic Wine's turnaround hits the buffers
Majestic Wine investors were nursing a sore head on Thursday as the retailer plunged to a half-year loss three years into its supposed turnaround plan.
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News
Profits slide 25% at Stateside Foods
The supplier saw pre-tax profit slide 25% to £5.2m for the year ended 28 Feb 2018
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News
Majestic slips to first half loss amid Naked investment and “sluggish” UK market
Majestic Wine has fallen to a first half loss of £0.2m as investment in growth and the “tough” retail market were a drag on performance.
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News
SSP Group CEO Kate Swann steps down after “record” year
Travel food-to-go specialist SSP Group has announced its CEO Kate Swann is to step down next year after it posted 22.7% surge in full year underlying operating profit and revenue growth of 9.5%.
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News
2 Sisters losses deepen in fourth quarter
2 Sisters owner Boparan Holdings’ pre-tax losses more than trebled to £53.8m in the fourth quarter of 2017/18
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Analysis and Features
Four key takeaways from Sainsbury's half-year results
What do Sainsbury’s half-year results tell us about how well its strategy is working?