All Financial Results articles – Page 96
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NewsPoundland benefits from reduced rents and Pep&Co clothing growth
Profit growth was contributed to by ‘initial traction within Poundland to reduce store rents in line with prevailing market conditions’
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NewsCity snapshot: AG Barr issues profits warning as poor weather hits sales
Irn-Bru maker AG Barr has warned its full-year profits will fall by up to a fifth after trading has been hit by poor UK weather and pricing increases.
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NewsBulldog Skincare revenues soar but profits fall on marketing spend and NPD
Annual sales at male grooming company Bulldog Skincare jumped but profits were slashed by heavy marketing spend and NPD
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NewsTulip records £85m loss as pork price fall and writedowns hit
Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts.
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NewsAppleby Westward sees 10% profit hike as sales increase
The south west-based delivered wholesaler recorded pre-tax profits of £3.1m
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NewsCity snapshot: Tulip’s annual losses rise to £85m
UK pork giant Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts at the Danish Crown-owned business.
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NewsAdelie Foods sees £55m loss as impairment charges hit
Sandwich giant Adelie Foods posted another eight-figure loss despite improvements in its underlying performance.
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NewsHappy Egg producer Noble Foods reports profits jump as US egg market stabilises
Noble Foods profits jumped 650% with the company attributing the strong performance to a “more stable” US egg market.
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NewsPepsiCo sticks with 4% growth guidance after first half sales rise
PepsiCo reiterated its guidance of 4% revenue growth in the full financial year after reporting improved sales in the first half.
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NewsCity snapshot: Ocado posts deep first half loss after £100m Andover fire hit
Ocado has posted a first half pre-tax loss of over £140m after the fire at its Andover warehouse cost the online supermarket almost £100m. Plus, PhD Nutrition acquisition drives first half sales surge at Science in Sport and all the rest of the latest news from the City.
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Analysis & FeaturesWeather turns against Coupe as Sainsbury’s struggles for growth
With the collapse of its Asda merger, a plunging share price and an investor revolt over pay, Sainsbury’s boss Mike Coupe could have done without the weather depressing first-quarter general merchandise sales, too.
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NewsBettys & Taylors sees profits fall despite sales hike
Yorkshire Tea maker Bettys & Taylors reported a drop in profits despite strong sales growth as rising commodity costs and exchange rate volatility hit the bottom line.
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NewsCompany Shop profits surge amid national footprint expansion
Company Shop posted a double-digit profits growth last year as the food surplus distributor benefited from the opening of its flagship store in St Helens.
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NewsWarburtons posts loss as slump in traditional bread hits
Bakery giant Warburtons swung to an eight-figure annual loss as it soaked up significant restructuring costs from the continued slump of the traditional bread market.
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NewsBurts changes name as it eyes £100m sales target
The rebranding follows the independent supplier’s acquisition in December 2017 of popcorn maker Savoury & Sweet
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NewsGrocery and Primark drive nine-month growth for ABF
Associated British Foods has seen a 3% increase in constant currency revenues from continuing businesses across its first three quarters thanks to growth in grocery, Primark and a third quarter improvement in its sugar division.
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NewsSainsbury’s Coupe warns of Christmas shortages in event of no-deal Brexit
Coupe said Christmas toys as well as food could be hit by shortages in the event of no-deal Brexit
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NewsCity snapshot: Sainsbury’s first quarter sales slide amid non-food slump
Sainsbury’s like-for-like sales fell by a further 1.6% in the 16 weeks to 29 June to put further pressure on CEO Mike Coupe after its failed merger with Asda. Plus, PureCircle issues profits warning, shop prices drop but food inflation holds steady and all the rest of the latest news from the City.
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NewsBrewDog looks abroad despite first profit setback
The craft brewer is targeting further expansion despite posting its first annual loss in 2018
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NewsAs Nature Intended back in the black as it plots future expansion
Health and organic food retailer As Nature Intended swung to a pre-tax profit in 2018 despite having to shut down one of its main London shops in a refurbishing programme.