latest – Page 111
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NewsRaisio’s first half sales slump on UK confectionery troubles
Comparable sales have dropped 17.3% in the first half at Finish food group Raisio as the falling pound and difficulties in its UK confectionery business hit trading.
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NewsTyrrells owner Amplify lowers earnings forecast on UK and US market headwinds
Amplify Snack Brands grew sales by more than two-thirds to break the $100m dollar barrier in its second quarter, but the Tyrrells owner warned full-year growth will be slower than previously forecast due to market headwinds in the US and UK.
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NewsCity snapshot: Karro Food Group sales surge past £500m ahead of CapVest deal
Karro Food Group has posted a jump in full year sales and profits, cementing its turnaround in the run up to the £180m takeover by CapVest in March. Plus, Kraft Heinz’ second quarter sales slide again, fashion sales slump on the high street and all the rest of the latest news from the City.
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NewsCost savings drive Kellogg’s profit improvement as sales continue to slide
Kellogg’s has posted a 6.9% rise in comparable second quarter operating profit despite another slump in net sales.
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NewsFruit Bowl kids' snacking brand falls into the red
Revenues in the nine months to 30 September 2016 declined to £9m, compared with £13.9m in year ended 31 December 2015
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NewsKarro looks to build on turnaround under CapVest ownership
Underlying profits at Karro Food Group jumped another 9% in 2016 as the pork supplier added £67m to its top line
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NewsMolson Coors reports "strong" European Q2 performance
European revenues at the Coors Light owner were up 0.5% despite a global slump in net sales
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NewsAsda to battle falling profits with 'steady improvement'
Like-for-like sales fell 5.7% in the year to 31 December
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NewsGreggs to roll out drive-throughs nationwide after successful trial
It also hinted at the possibility of a future trial of home delivery or click and collect service
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NewsReal Good Food shares collapse on profit warning and accounting issues
Shares in Real Good Food crashed more than 30% after accounting issues forced the cake decoration business to issue a profits warning, with EBITDA to be £3m lower than expected.
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NewsAston Manor Cider credits strong performance to investment
Results demonstrated that Aston Manor was “back on track”, the business said
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NewsBritish American Tobacco reports falling cigarette sales
But profits were up amid post-Brexit currency fluctuations
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NewsP&G defies US consumer gloom to post fourth quarter organic growth
Consumer goods giant P&G (PG) has shrugged off the malaise over the US consumer goods sector to report 2% organic sales growth in both its fourth quarter and full-year to 30 June. Following weak organic sales updates in recent days from Kimberly-Clark and Johnson & Johnson, P&G ...
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NewsDanone growth held back by weakness in dairy division
French dairy giant Danone just about stayed in growth in the second quarter and first half of its financial year as it struggled to battle industry challenges in Europe and North America.
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NewsGreencore sees revenues soar 77% on convenience division growth
Sales in the UK and US were up to £636.5m in the sandwich maker’s third quarter
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NewsPepsi Max and R Whites standout performers for Britvic’s GB arm
The company today reported “a robust” global performance with increases in sales, volumes and prices
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NewsWilko blames 'severe economic headwinds' for profit slump
Like-for-like sales were up 1% in its 2016/17 financial year
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NewsAB InBev credits 'standout' performance to premium beers
The brewing giant posted top-line double-digit growth for Q2, boosted by a strong performance for Bud Light
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NewsPrice drives 3% second quarter sales growth at Coca-Cola
Increased pricing has driven a 3% underlying rise in second quarter sales at Coca-Cola, though the refranchising of its bottling opperations caused a double-digit headline sales decline.
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NewsCity snapshot: Underlying sales rise at PayPoint despite third quarter volume decline
Group organic revenues are up 4.2% in the third quarter at payments specialist PayPoint despite a 4.5% reduction in volumes. Marston’s beer volumes boosted by warm summer weather, strong US growth boosts Compass Group, Fever-Tree breaks through 2,000p per share and all the rest of the latest news from the City