All Financial Results articles – Page 97
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News
Costcutter sales slump on P&H effect and MFG contract loss
The P&H collapse resulted in Costcutter incurring exceptional charges of £42m
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News
Booker acquisition helps drive Tesco to first half sales and profits jump
Tesco has posted a double-digit rise in group sales and operating profits as the integration of Booker and a strong second quarter boosted performance
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News
Pepsico tops earning estimates in Nooyi's final quarter as CEO
Pepsico beat earning expectations as its beverage sales returned to growth, in Indra Nooyi’s final quarter in charge.
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News
Hovis to cut 100 jobs after posting £11m losses
The baker has sold its Manchester and Selby mills, and will close its Southampton mill at the end of the year
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News
City snapshot: Aldi UK and Ireland sales top £10bn as it pledges 130 new store openings
The UK and Irish arm of German discounter Aldi grew annual sales by 16.4% last year to £10.2bn and has pledged to open a further 130 stores over the next two years
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News
Karro plans "significant M&A" after CapVest takeover
“Significant M&A” is planned at Karro Foods after the pork processor was bought by CapVest last year.
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News
Müller losses deepen on back of Dairy Crest dairies takeover
Müller’s UK and Ireland business fell further into the red as costs from its Dairy Crest dairies acquisition in 2015 continued to eat into profits.
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News
OC&C report reveals highest supplier growth since 2009
Profit margins among the Top 150 are suffering amid escalating input and labour costs
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News
Whole Foods Market UK slumps to £8.6m loss following store closures
Whole Foods Market UK slumps to £8.6m loss after store closures
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News
Carlsberg back in growth as turnaround plan starts to pay off
Carlsberg has ploughed millions into rebranding
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News
Sales dive 12.5% at Laila's Fine Foods after major contract loss
The manufacturer of frozen and chilled meals had a “disappointing” year, its directors said, as margins also decreased
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News
Rising costs hit St Austell Brewery profits despite 'record' sales increase
Sales surged, but operating profits drooped amid “challenging” market conditions
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Comment and Opinion
Can the CMA deal with Sainsbury's-Asda after failing on Tesco-Booker?
The CMA ignored long-term effects of Tesco-Booker and hastened the demise of P&H as collateral damage, says Steve Parfett, chairman of AG Parfett & Sons
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News
City snapshot: SSP Group shrugs off weak rail sector to post full-year growth
Travel food to go specialist SSP Group (SSPG) expects to post full-year like-for-like growth of between 2%-3% after a solid fourth quarter
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News
Sales and profits surge at Hotel Chocolat
Sales and pre-tax profits both surged at Hotel Chocolat last year as new store openings and international ventures offset cost increases.
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News
Commodity price hikes dent profits at UB and Finsbury Food
Brexit-related commodity inflation has eaten into the profits of two more major UK food suppliers, according to figures released this week.
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News
Emerging markets volatility to hit Diageo’s profits
Weakness across a basket of emerging markets currencies is expected to reduce Diageo’s 2019 sales and profits, CEO Ivan Menezes has announced this morning.
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News
Ocado third quarter sales rise 11.5%
Ocado has posted an 11.5% retail sales rise in its third quarter, driven by a double-digit rise in customer numbers.
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News
Grain D’or closure hits profits at Finsbury Food Group
Bakery business Finsbury Food Group has reported a 65% drop in full year pre-tax profits as it was impacted by £12m in costs caused by the closure of its Grain D’or bakery business.
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News
City snapshot: Cathedral City and Clover drive first half sales growth at Dairy Crest
Cathedral City manufacturer Dairy Crest expects a rise in profits and sales for the first half of 2018, driven by its cheese and spreads, Finsbury Food Group pre-tax profit fall following Grain D’or closure, and all the rest of the latest news from the City.