All Financial Results articles – Page 98
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Wyke Farms bounces back with major profits boost
The Somerset-based supplier saw operating profits jump 44% in the year to 31 March 2019
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Potts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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City snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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Aldi Christmas sales up 8% as it breaks £1bn barrier
Sales were boosted by particularly strong growth in beers, wines & spirits
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City snapshot: Aldi sales surge 7.9% over Christmas
Aldi has announced its total sales jumped 7.9% in the four weeks to 24 December to break £1bn for the first time.
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Festive online sales surge at Next to beat expectations
Retail bellwether Next has posted solid growth in the festive period, though in-store sales continued to fall as customers shifted to online.
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Spar wholesaler James Hall reports turnover boost of 7%
Profits, however, have fallen 8% in the same period
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Original Factory Shop reports fmcg sales rise after adding 300 lines
The variety discounter began expanding its fmcg range around 12 months ago
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Dhamecha Group reports £40m increase in sales
Operating profits at the cash & carry operator rose 8.3% to £13m for the year
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Cooplands profits hit by bakery ingredient price rises
Cooplands operates from 160 shops across Yorkshire, Lincolnshire and the north east
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Unilever cuts sales growth expectations
Unilever has announced that its underlying sales growth for 2019 will be below current expectations due to “challenges” in some of its regions.
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Yoplait UK falls to loss amid sales slowdown and China arm sale
Yoplait UK slumped to a £55m pre-tax loss last year as the yogurt brand was hit by declining sales and a write down on the sale of Chinese arm.
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Gressingham hit by 88% profits decline
Duck specialist Gressingham experienced an 88% collapse in profitability after production issues hit its vital Christmas trade last year.
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Bread Holdings reports double-digit sales rise amid sale rumours
The artisanal bakery saw revenues soar 14% to £100.8m amid reports it could be heading for the auction block
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Graze plunges into the red as acquisition costs bite
The UK-based healthy snacking company posted pre-tax losses of £1.2m in the year of its sale to Unilever
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Ocado Retail grows fourth quarter sales by 10.8%
Ocado Retail, the joint UK grocery venture between Ocado and Marks & Spencer, has posted growth of 10.8% in the fourth quarter driven by a double-digit jump in order volumes.
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City snapshot: 2 Sisters turnaround continues with first quarter profit growth
Like for like profits jumped by 42.4% in 2 Sisters’ first quarter, driven by continued improvements in its core poultry division and improved trading in its biscuits and bakery businesses.
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Authentic Food Group falls to £3.5m loss due to ‘unprecedented’ challenges
The world foods manufacturer said it had been faced with “unprecedented political, economic and market challenges”
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Upfield profits slump after Unilever spin-off
An Upfield spokesman said the results reflected “necessary one-off restructuring costs”…
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Scotbeef sales rise on UK growth as exports suffer
Annual sales rose 5.2% at beef and lamb supplier Scotbeef driven by positive growth in the UK as international revenues dropped