latest – Page 120
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NewsOcado unveils robotic arm for fruit & veg picking
Technology will remove need for humans to pick easily damaged produce
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NewsDhamecha posts strong sales and profit growth
Sales at the Today’s Group wholesaler are up 2.1% to £668m for the year ending 31 March 2016
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NewsGreencore posts double-digit festive sales jump amid booming convenience sales
Greencore’s sales jumped 17.1% in the 13 weeks to 30 December as US expansion and continued growth of its food-to-go business boosted sales.
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NewsCity snapshot: Profits up at Ocado but international expansion remains elusive
Ocado has posted a 21.8% jump in annual pre-tax profits before exceptional items, but has given no update on its long-awaited international expansion efforts. Plus all the rest of this morning’s news from the City
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NewsCity snapshot: First half revenues treble at Conviviality after Matthew Clark buyout
Bargain Booze owner Convivality (CVR) has posted a 211% jump in first half revenues after its transformative acquisition of Matthew Clark. Plus Us Customs gives PureCircle the green light on held shipment and all the rest of this morning’s news from the City.
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NewsUnilever's shares fall despite underlying sales growth
Marmitegate may have grabbed the headlines in the UK last year, but Unilever has bigger problems
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NewsAunt Bessie's and Abel & Cole owner posts 14.2% sales rise
Profits at William Jackson were hit however by £4m of restructuring costs
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NewsDiageo shares boosted by impressive interim results
Diageo reported growth across all regions on an organic basis
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NewsCity snapshot: Unilever's sales growth slows in "challenging" fourth quarter
Unilever has posted full-year underlying sales growth of 3.7% and a rise in profitability, although growth slowed significantly in the fourth quarter
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NewsAlfred Jones accounts reveal £768k loss in final trading year
The retailer said the market presented an “increasingly bleak outlook for smaller independent retailers”…
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NewsCity snapshot: WH Smith upgrades profit expectations amid strong travels sales
WH Smith has upgraded its earnings forecast after reporting a 1% rise in like-for-like sales for the 21 weeks to 21 January as strong travel sales made up for the a downturn in high street
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News‘Record cost savings’ boost annual profits at Kimberly Clark
Deep cost savings helped boost annual profits at US consumer goods giant Kimberley Clark, despite headline sales falling due to the strength of the dollar.
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NewsFaccenda profits hit by low prices and tough conditions
Combination of currency fluctuations, fierce competition in retail and oversupplied markets materially affected profitability, it says
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NewsSales and profits up at ready meals supplier Oscar Mayer
Own label ready meals supplier Oscar Mayer grew sales by over 5% last year as strong demand from key customers helped negate the “challenging marketplace” in UK grocery.
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NewsWestons profits fizz as cider maker taps into craft
Profits fizzed higher at Westons as the cider manufacturer outperformed the struggling UK market thanks to growing consumer demand for more premium and craft brands.
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NewsBon Bon Buddies overseas focus delivers record year
Overseas expansion and new contract wins have helped Welsh confectioner Bon Bon Buddies to record results, with sales up 13% and profits more than doubling in the year to 30 April 2016.
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NewsPremier Foods investor urges sale as profits fall short
Concerns surrounding Premier Foods’ “ability to recover from its long-standing ‘zombie’ status”
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NewsPremier hit by fall in multibuys as higher costs squeeze margins
A reduction in supermarket multibuys and own-label growth has wiped out branded sales growth, Premier Foods has claimed
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NewsBrewDog £10m bond caps a recordbreaking year for Crowdcube
Booming investor demand for food and drink brands has fuelled a recordbreaking year on crowdfunding platform Crowdcube, with popular craft brewer BrewDog hitting its £10m target at the end of 2016.
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NewsLindt sales boost from higher-than-average UK growth
Lindt said it was now the fastest-growing chocolate brand in Great Britain, where it now has 13 retail shops, as group sales rise 6.8% to CHF 3.9bn (£3.1bn) in 2016.