latest – Page 138
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NewsDanone shares rise as it predicts a positive 2016
The group, which has made significant changes in the past 18 months, predicted sales growth would slow slightly next year
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NewsNew Moy Park owner JBS Global sees UK profits fall 46%
The UK-based beef and pork importer JBS Global (UK) saw revenues rise by 5.9% to £157m in the year to 31 December 2015…
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NewsBeer volumes go flat at AB InBev
AB InBev has reported organic revenue growth of 6.3% in its 2015 financial year, despite a 0.6% decline in volumes.
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NewsMcBride shares soar as restructuring plans show progress
Private label household goods manufacturer McBride has upgraded its full-year earnings forecast after seeing progress in its cost-cutting efforts.
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NewsKerry shares up on 2015 revenue and profit growth
Kerry Group share rose by over 4% today after announcing a rise on full year revenues and volumes and predicting further growth in 2016.
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NewsDanone eyes 2016 sales growth on improving European dairy trends
Danone has forecast a rise in 2016 revenues and profits after posting full-year results for 2015 that it described as “solid” and “in line with objectives”.
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NewsSupermarkets missing out on £200m in sales of organic food & drink
More shoppers are buying organic products online and from independents rather than the major mults
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NewsAssociated British Foods nudges up guidance on weakening pound
Associated British Foods expects its performance for the year to 27 February to be marginally better than previously indicated given the recent weakening of the pound.
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NewsAsda to 'move fast' on biggest-ever range overhaul
The supermarket announces Q4 like-for-likes down 5.8% and yearly sales down 4.7%
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NewsCity snapshot: Coca-Cola HBC beats earnings expectations on margin expansion
Coca-Cola HBC shares on the up as it beats expectations, plus The Grocer has stories on Kraft Heinz and Propercorn and Tesco bid rumour drives Morrisons share price boost.
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NewsNestlé shares fall on lower than expected growth
Nestlé shares dropped by almost 4% today after missing its full-year growth target and reporting a significant fall in profitability.
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NewsTreasury Wine profits rise on Asian demand
Treasury Wine Estates has doubled profits in the first half of its 2016 financial year on the back of soaring sales in Asia.
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NewsL’Oréal sees ecommerce sales soar by 62.5%
The health and beauty group has ramped up investment in digital content, particularly apps
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NewsTesco shows Irish upturn as grocery market continues strong recovery
The Irish grocery market has grown 3.8% over past 12 weeks according to Kantar Worldpanel
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News99p Stores losses balloon in run up to Poundland sale
Losses at 99p Stores grew to £11m and sales went into reverse in the run up to Poundland acquiring the business last year,.
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NewsKitwave enters ranks Big 30 ranking as wholesalers boost profits
Big 30 pre-tax profits rise 8.1% on total sales up 2.4%
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NewsTrewithen continues rapid growth despite challenges in dairy
Cornish processor Trewithen Dairy has continued its rapid expansion with another year of double-digit growth
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NewsQV Foods hit hard by low potato prices
Supermarket price pressure and dwindling potato consumption have hit fresh produce supplier QV Foods
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NewsPernod Ricard reports 3% first half organic growth
Pernod Ricard has delivered “solid” first half results as the spirits maker saw 3% organic sales growth in the six months to 31 December 2015.
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NewsBakkavor international sales surge
CEO Agust Gudmundsson said the deal to regain control of the ready meals supplier last month marked a turning point for Bakkavor.