latest – Page 116
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NewsTiptree profitability dips amid “uncertain” post-Brexit world
The owner of jam and marmalade maker Tiptree has reported a reduction in full-year gross profitability as the post-Brexit rise in input costs hit its margins.
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NewsHelloFresh nearly doubles revenue and reduces losses by 20%
The recipe box company posted a 96% year-on-year increase in revenue to over £500m for 2016
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NewsConnect Group reports 4.8% fall in interim pre-tax profits
The group posted a pre-tax profit of £23.3m for the six months to 28 February 2017
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NewsCity snapshot: Double-digit Costa sales rise boosts Whitbread’s annual profits
Annual pre-tax profits were up 6.2% at leisure group Whitbread as 10.7% total growth in its Costa Coffee chain boosted performance - however the shares have plunged as the group undershot City expectations
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NewsTequila sees sales boom as premium trend takes hold
Volume sales of the spirit is up 7% while value sales are up 5%
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NewsDanone upgrades earnings expectations despite slow first quarter sales
French dairy giant Danone has upgraded its 2017 earnings guidance despite reporting “slow sales” in the first quarter
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NewsCity snapshot: Reckitt on track to hit growth target despite flat first quarter
Reckitt Benckiser has reported flat like-for-like revenues in the first quarter but favourable currency rates boosted reported sales by 15%. Plus, Danone upgrades its 2017 earnings guidance and all the rest of this morning’s news from the City.
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NewsUnilever steadies ship with impressive first-quarter growth
Unilever comfortably beat City expectations for its first-quarter organic sales growth, posting a revenue rise of 2.9%
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NewsFiddes Payne upbeat as restructure costs drive it into the red
Fiddes Payne has slipped into the red as restructuring costs hit the Cake Angels owner
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NewsPernod Ricard reports 'dynamic' sales growth in the UK
The company said performance was boosted by advance shipments linked to recent price increases…
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NewsScotmid Co-operative records 7% drop in trading profit
Society’s turnover was up 1.6% to £376m for the year to January 2017
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NewsHeineken in global growth despite UK sales dip
The brewer’s global volumes were up 0.6% organically to 44 million hectolitres
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NewsCity snapshot: Price increases drive Unilever underlying sales growth of 2.9%
Unilever has posted underlying sales growth of 2.9% in its first quarter, entirely driven by price increases as sales volumes edged down. Plus LDC confirms backing of Addo Food Group buyout, quarterly results from Nestle and Pernod Ricard and all the latest news from the City.
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NewsTesco continues turnaround journey but the City proves hard to please
Analysts hailed Tesco’s turnaround under the leadership of Dave Lewis on Thursday
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NewsLaila's Fine Foods expands workforce as sales soar 45%
Fast-growing ready meals supplier Laila’s Fine Foods has posted another year of stellar sales growth
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NewsYoung's boss insists business is 'performing solidly'
CEO Bill Showalter insists business is on sound financial footing amid claims of ‘broken’ capital structure
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NewsCity snapshot: Tesco posts first full-year UK sales rise for seven years
Tesco has posted its first full-year like-for-like UK sales growth since 2009/2010 as the supermarket’s recovery under CEO Dave Lewis continues to gather pace
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NewsSpar wholesaler Henderson sees record financial year
Henderson increased pre-tax profits by 11% to £24m and invested a record £34m throughout retail infrastructure and employment
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NewsTayto Group sees profits slump on sales decline and investment
Pre-tax profits at Tayto Group more than halved to £3.1m last year as sales declined and the Northern Irish snack maker continued to invest in the business.
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NewsBidfood profits soar 12% as it slashes administration costs
BFS Group, parent company of Bidfood, has reported a pre-tax profits rise of 12% to £45.9m for the year to the end of June 2016