latest – Page 134
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NewsCarlsberg sales slump as Tesco delisting bites
Sales at Carlsberg have fallen 5% in the first quarter as a result of being delisted by Tesco last year.
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NewsCity Snapshot: Profits down 10.3% at Magners-maker C&C Group
C&C Group reports a 10.3% drop in operating profit, Compass Group’s profits up 6.4% on strong North American revenues and Hotel Chocolat soars by 28% on its stock market debut.
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NewsBells of Lazonby bakes up sales rise
Bakery group Bells of Lazonby has increased sales by more than 13% and grown its profits to continue the rapid expansion experienced in recent years.
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NewsRaisio’s first quarter sales down despite Benecol UK sales rise
Finnish food group Raisio has reported a 6.9% drop in first quarter net sales despite seeing “significant” growth for its Benecol brand in the UK.
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NewsBonds records another year of sweet growth
Sales growth has accelerated at Bonds of London as its range of humbugs, bon bons and sour sweets and jellies increase in popularity.
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NewsThatchers grows cider sales despite lack of fizz in the market
Thatchers has continued to outperform a stagnating cider market for a sixth successive year, although the rate of growth has slowed at the brand.
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NewsThe Southern Co-op to open 20 food stores this year
Retail sales at society were 4.7% for the year to 30 January
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NewsCity News: Sainsbury's silver lining fails to impress the City
Pre-tax profits of £584m were a good way above market consensus of £574m for Sainsbury’s
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News'Transformed' Karro bounces back into the black
Karro Food Group has returned to profit after a turnaround plan “fully transformed” the British pork supplier
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NewsMinistry of Cake sees profits rocket under PE ownership
Profits have soared at Ministry of Cake in its first full year under new ownership
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NewsMorrisons’ first quarter like-for-likes up 0.7%
Morrisons records second consecutive quarter of like-for-like sales growth
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NewsSainsbury’s results: what the analysts say
Sainsbury’s has returned to profit but underlying profits fell 13.8% amid a “competitive” market
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NewsSainsbury’s posts 13.8% drop in underlying profit
Sainsbury’s has returned to profit after posting a £72m loss last year but underlying profits fell by 13.8%
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NewsTesco shares hit as JP Morgan Cazenove rubbishes progress
Tesco was the FTSE 100’s biggest faller on Wednesday, dropping 4.7% to 174.8p – its lowest level for two months
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NewsCoca-Cola Enterprises struggles in Q1 as sales lack fizz
Sales at European Coke bottler Coca-Cola Enterprises fell 7% in Q1 with volumes declining as consumers turn away from fizzy, sugary drinks.
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Vimto owner Nichols sales propped up by acquisitions
Vimto maker Nichols is set to relaunch its no-added sugar brands ahead of the summer.
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NewsMondelez profits improve but strong dollar hits sales
Mondelez International has increased earnings 71% in the first quarter as a result of its cost cutting programme.
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NewsHome Retail Group profits slump but Argos digital up 7%
Company incurred an “exceptional goodwill impairment charge” of £852m
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NewsCentral England Co-op profit jumps despite 3% fall in sales
Society invested almost £30m in the business last year
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NewsMcCain’s GB profits up after its focus on higher margin products
McCain Foods boosts UK pre-tax profits 16.5% despite competitive pressures and a dip in sales.