latest – Page 115
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NewsCity snapshot: Booker profits up 15% ahead of Tesco buyout
Tesco-bound Booker saw pre-tax profits rise 15% in its full financial year, driven by rising non-tobacco like-for-like sales growth. Plus, all the rest of the latest news from the City
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NewsCity snapshot: Premier Foods lowers growth target and ups cost savings drive
Premier Foods (PFD) is shifting its strategy away from focussing on revenue growth to a more ’balanced approach’ after full year underlying sales slipped 1.4%
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NewsCoca-Cola Hellenic boosted by growth in emerging markets
Coca-Cola is flatlining, but European bottler Coca-Cola Hellenic continued its run of effervescent results. Plus, the share price movements of Refresco and Premier Foods.
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NewsKerrygold sales boom boosts revenues at Ornua
The Irish butter brand topped €900m in global sales, with the US reporting 20% volume growth
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NewsCity snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
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News58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
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NewsAB InBev's UK volumes grow in double digits in first quarter
Global volumes dropped –0.5%, but revenues were up 3.7% (organic) compared with the same quarter in 2016
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NewsMondelez sees commodities costs rise despite falling cocoa prices
Confectionery giant was unable to take advantage of lower prices because of hedging arrangements
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NewsMults record the best growth since 2013 as discounters power on
The UK grocery market posted its best growth figures since 2013 over Easter
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NewsSainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages
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NewsMahou San Miguel reports 'record-breaking' full-year results
The San Miguel owner attributed much of its success to the brand’s relaunch in 2015
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NewsCity snapshot: Morrisons reports 3.4% first quarter like-for-like sales jump
Morrisons’ like-for-like sales has risen by 3.4% in the 13 weeks to 30 April – its sixth consecutive quarter of like-for-like growth. Plus, Kerry Group confirms full year expectations after solid first quarter, Carlsberg’s revenues up 4% in first quarter, Sainsbury’s shares plunge and all the latest news from the City
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NewsGrocery sales growth hits highest level since 2013
The UK grocery market recorded its best three months of sales since September 2013, according to market share figures from Kantar Worldpanel
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NewsSainsbury's bullish in face of third year profit decline
Chief executive Mike Coupe is confident in strategy to accelerate Argos proposition and grow online
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NewsJust Eat's sales jump 46% in first quarter
The UK’s appetite for takeaway food shows no sign of waning despite concerns over a squeeze on consumer spending as Just Eat reported another 46% jump in first quarter sales
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NewsPremium gin producer Brockmans reports "record" year
Brockmans has benefited from new listings in 115 M&S branches, Wine Rack, Harvey Nichols and Punch Taverns…
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NewsPepsi adapting quicker than Coke, earnings updates reveal
Pepsi beat analyst expectations with a 41% jump in first-quarter net income and a better than forecast 1.6% rise
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NewsTate & Lyle Sugars blames EU for annual trading loss
Tate & Lyle Sugars is pinning turnaround hopes on a new post-Brexit regulatory approach to sugar imports after blaming the EU for another annual trading loss.
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NewsPret A Manger notches up 12th consecutive year of growth
Across the period, Pret opened 50 new stores including 31 in the UK
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NewsP&G sales down 1% in third quarter amid tough market conditions
P&G has reported a 1% drop in third quarter revenues amid market growth slowdown, geopolitical disruptions and foreign exchange headwinds.