latest – Page 109
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NewsJempson’s hails boosted c-store trade and premium range for solid growth
The group grew overall gross sales by 4% to £32.9m compared with 2018
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NewsPukka Pies sales rise after ramped-up marketing activity
Several advertising and marketing campaigns run during the year have bared fruit, boosting the pie manufacturer’s sales almost 7%
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NewsCity snapshot: Danone cuts 2020 guidance on ‘volatile and uncertain’ outlook
French dairy giant Danone has cut its growth targets for 2020 amid ‘volatile and uncertain’ global economic conditions and the potential impact of the coronavirus outbreak. Plus, Diageo and SSP Group warn of financial hits from COVID-19 outbreak, annual results from McColl’s and Nichols and all the rest of the latest news from the City.
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NewsCity snapshot: Hotel Chocolat boosted by store openings and global growth
Hotel Chocolat has posted a double-digit rise in first half sales and 7% pre-tax profit growth driven by the opening of new stores, international expansion and growing sales of its Velvetiser hot chocolate system. Plus, Tesco sells its share of China joint venture and all the rest of the latest news from the City.
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NewsBig 30 wholesalers shrug off challenges to record strong growth
The leading UK wholesalers have continued to perform strongly despite facing an ever increasingly list of challenges
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NewsCity snapshot: ABF ‘well-stocked’ for Coronavirus outbreak
Associated British Foods has said it is closely monitoring the Coronavirus outbreak in China, though it does not expect any short-term impact.
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NewsTesco clubcard operator Dunnhumby enjoys international sales boost
Sales at Tesco Clubcard operator Dunnhumby were boosted by international growth last year as it continued to diversify revenues away from its parent company.
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NewsRising costs damage profits at CK Foodstores despite sales growth
CK opened two more stores during the year to take its estate to 28 sites across Wales
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NewsCity snapshot: McBride profits slump amid weak second quarter
Private label household goods manufacturer McBride has announced a slump in first half sale and profits after a weak second quarter amid “difficult” market conditions.
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NewsArla reports sales growth but UK liquid milk hits results
Arla’s UK boss was ’concerned’ about the future of liquid milk in the face of a profitability crisis across the sector
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NewsAsda blames challenging market conditions for sales decline
Asda posted a 1.3% decline in like-for-like sales in the fourth quarter, as cash-strapped customers failed to provide the Christmas trading boost it had hoped for.
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NewsCity snapshot: Kerry Group profits jump to €900m on growth and acquisitions
Irish food and ingredients giants Kerry Group has posted a double-digit rise in annual profits on the back of solid volume growth and the contribution of acquisitions.
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NewsSales rise at Oscar Mayer but profits hit by escalating costs
UK Ready meals supplier Oscar Mayer grew sales by 5.7% last year to £320m but profits were hit by escalating input costs.
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NewsPepsiCo’s annual sales rise on strong European performance
For 2020 the business expects revenues to rise 4%
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NewsNestlé targets improved 2020 sales growth
Nestlé has forecast an improvement in sales growth over the coming years after posting a solid increase in revenues and profits in 2019.
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NewsCity snapshot: Heineken CEO to step down as it posts 5.6% annual sales growth
Heineken has announced its CEO is to step down as it posted a year of solid revenue growth as sales volumes and prices both rose. Plus, Ahold Delhaize earnings rise on sales growth and all the rest of the latest news from the City.
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NewsTulip reports £81m losses in last year of Danish Crown ownership
However, operating losses narrowed at the pork giant, which was now delivering ‘weekly profit’
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NewsOcado results reveal legal fees of £1.3m and M&S range growth plans
The total cost of the litigation action is likely to increase as the court battle rolls on, with Faiman denying allegations and counter-suing the company
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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NewsTrewithen Dairy owner Cornish Farm's sales surge by more than a third
Cornish Farm Dairy has seen sales boosted 34.6% due in part to two major ‘long-term’ retail milk contracts