latest – Page 110
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NewsCity snapshot: UK snacking acquisitions boost growth for Lotus Bakeries
Bear, Nakd and Kiddylicious owner Lotus Bakeries grew its annual revenues and profits last year, boosted by the international rollout of its Biscoff brand and the strong performance of natural snacking.
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NewsArmitage Pet Care sales surge past £55m
Fast growing producer of Good Boy dog treats Armitage Pet Care saw annual sales surge past £55m, though profits fell as it invested in growth.
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NewsImperial Brands greets new CEO with profits warning
Stefan Bomhard has work ahead as Imperial grapples with its attempts to shift towards tobacco alternatives…
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NewsG’s Group stays in red as Love Beets costs negate rising sales
UK fresh salad and veg giant G’s Group remained in the red last year as costs associated with taking control of its US Love Beets business negated rising sales.
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NewsCity snapshot: US growth drives Compass Group’s first quarter sales
Catering giant Compass Group has posted a rise in first quarter revenues, driven by strong performance in North American and new business wins. Plus, trading updates from Tate & Lyle and Stock Spirits, while AB InBev’s leadership team shaken up.
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NewsCity snapshot: Imperial Brands issues profits warning on US e-cigarette crackdown
Imperial Brands has issued a stark profit warning ahead of its annual general meeting as increased regulation on new generation products and a US ban on flavoured cigarettes are expected to hit revenues and profits
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NewsCity snapshot: Grocery market records weak post-Christmas sales growth
The grocery sector experienced a sobering January as clean-living consumers cut back to constrain market growth to just 0.3% in the latest 12-week period.
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NewsTime Wholesale Services reports sales boost after move to larger depot
Time is expecting to hit sales of £85m for the year to 31 January 2020
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NewsCity snapshot: Britvic reports ‘robust’ start of the year as sales surge
Britvic has reported a “robust start” of the year with first quarter revenues surging 4.9% to £369.8m
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NewsCity snapshot: Unilever confirms global tea review as annual profits fall
Unilever has confirmed it has initiated a strategic review of its global tea business, as it reported a 30%-plus slide in annual profits. Plus, Diageo posts a solid rise in first half sales, but warns on second half growth and all the rest of the latest news from the City.
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NewsWells & Co profits rise ahead of return to brewing
Wells & Co’s profits have jumped following a complete rebrand as it prepares to re-enter the brewing business.
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NewsMcDonald’s posts strongest revenues growth in a decade
Comparable sales at McDonald’s rose 5.9% last year as the US fast food giant continued to invest in technology and delivery
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NewsFatherson Bakery adds Valentine’s gifting lines as it targets 25% growth
Turnover increased by 8.3% in 2019 to ‘close on £5m’ said Fatherson co-owner Laurence Smith
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NewsYeo Valley profits fall after sale of milk business and restructure
Profits have fallen in Yeo Valley’s first trading period since the sale of its milk business to Arla as increased costs and restructuring have hit its bottom line.
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NewsEat returns to profitability as Veggie Pret transformation gets underway
Pret a Manger has pledged a transformation of as many Eat stores as possible into Veggie Prets
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NewsKennelpak profit falls amid one-off costs and rebrand
Private equity-owned wholesale petfood supplier and retailer Kennelpak has reported a drop in profits amid an Environment Agency fine for failing to meet recycling obligations
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NewsCity snapshot: Hotel Chocolat sales jump 14% on new openings
The UK premium chocolatier has reported double-digit sales rise in the first half, boosted by new openings in the UK, US and Japan
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NewsAvara sales top £1bn but profitability hit by labour and integration costs
The poultry giant saw turnover rise to £1.14bn, according to its latest accounts, with pre-tax profits at £13.7m
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NewsScottish Spar operator CJ Lang hails strong Christmas sales
The business pointed out the results were particularly positive given it enjoyed a strong festive period the previous year