latest – Page 114
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NewsCake Box revenues soar 6% on new openings and higher demand
Cake Box Holding, the specialist retailer of fresh cream cakes, saw revenues rise 6% in the first six months of the year on the back of new store openings and increased demand
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NewsCaterforce announces plans to increase turnover by 12% by 2021
The group is forecasting revenue of £537m for 2019, up from £524m the previous year
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NewsCity Snapshot: Science in Sport raises annual sales forecast as PhD growth doubles
Premium performance nutrition company Science in Sport has hailed 2019 as a year of “rapid progress”, as it expects revenue growth to be “slightly ahead” of market expectations
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NewsNaked founder Rowan Gormley to step down as losses mount
The founder of Naked Wines shocked the City on Thursday by stepping down, as the online retailer’s losses continue to mount
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NewsDanish Crown sees profits surge as ASF tightens global pork market
The meat processor saw operating profits before special items grow by 21% during the 2018/19 financial year
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NewsCity snapshot: Rowan Gormley steps down as Naked’s losses mount
Naked Wines founder Rowan Gormley has announced his intention to retire from the company as the company posted a first half “broadly on track” as revenues grew and losses continued to mount.
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NewsCity snapshot: SSP Group posts double-digit profits growth despite continued global ‘headwinds’
Travel food specialist SSP Group has posted a double-digit rise in underlying operating profits, despite warning of the impact of a number of “external challenges” that will continue into next year. Plus, FeverTree’s UK growth slashed by off-trade slowdown as global sales increase, Finsbury Food Group’s trading momentum continues and all the rest of the latest news from the City.
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NewsGraham’s profits boosted by NPD as liquid milk sector struggles
Graham’s the Family Dairy has reported a ‘solid’ annual performance with profits rising nearly 70%
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NewsSymonds Retail turnover rises following acquisition by MFG
The business was snapped up by forecourt giant MFG in October for an undisclosed sum
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NewsTulip loses £24m in final year under Danish Crown ownership
Sales continued falling at the pork processor amid turbulent trading conditions
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NewsCity snapshot: Top UK restaurant groups sink deep into the red
The biggest 100 UK restaurant groups have seen profits drop in the past 12 months as they suffered from higher overheads and plunging sales
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NewsPremier Foods surges on evidence of sustained branded growth
Premier Foods shares jumped to a four-month high this week as its efforts to achieve sustainable growth appear to finally be paying off.
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NewsAsda blames Brexit nerves as Q3 sales fall 0.5% year on year
CEO Roger Burnley said the figures showed there was “no respite” from the impact of the political crisis on the grocery market
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NewsCity snapshot: Refresco pushes further into the US with AZPACK acquisition
Bottling giant Refresco has expanded its footprint in North America with the acquisition of AZPACK (Arizona Production & Packaging) as it continues its acquisition spree. Plus, shopping tech firm Eagle Eye continues to grow sales, new non-exec at McBride and all the rest of the latest news from the City.
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NewsProtein turnaround drives 2 Sisters profits rebound
Poultry giant 2 Sisters Food Group has posted a double-digit improvement in fourth quarter organic profits as margins in its core protein business improved.
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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NewsPricecheck on target to top £100m turnover this year, results reveal
The Sheffield-based operator posted a 12% increase in sales for the year to April 2019
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NewsBerry Bros & Rudd sales surge to highest point in almost a decade
The upmarket wine retailer grew turnover 17.4% to £219m over the year ending 31 March 2019
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NewsCity snapshot: Hain Celestial brings former Hershey executive as CFO as sales continue to slide
Hain Celestial has brought in a new CFO as first quarter sales continued to slide
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NewsSainsbury’s Coupe optimistic about sales momentum over Christmas
Group revenues fell 0.2% to £16.9bn in the 28 weeks to 21 September 2019