latest – Page 139
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NewsTate & Lyle share plunge on commodities weakness
Shares in Tate & Lyle have dropped by 5.9% today after the sucralose maker warned that weak commodity prices would hit 2016 profits.
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NewsImperial Brands volumes dragged down by Middle East troubles
However, price increases helped to offset volume declines and push up revenues 10% in the first quarter to £1.6bn.
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NewsCarlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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NewsCoca-Cola reports earnings progress despite global revenue fall
Coca-Cola has reported a 4% drop in reported net revenues for 2015 after a fourth quarter slowdown.
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NewsAssociated British Foods targets full ownership of Illovo Sugar
Associated British Foods confirmed today it has held discussions over the minority stake in Illovo Sugar
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NewsPaynes Dairies back in the black after cutting farmgate prices
Paynes Dairies has returned to profit after spending two years in the red as it renegotiated the price it pays farmers
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NewsCurrencies and cost-cutting hit sales at Mondelez
Full year net revenues were down 13.5% to $29.6bn, including a 12.6 percentage point impact from currency
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NewsOcado posts second annual profit but still waits for international deals
Ocado has posted its second consecutive annual profit after a year which saw retail sales rise by 14.7%
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NewsReal Good Food shares slump on profit warning
Shares in Real Good Food crash to lows not seen since April 2015 as the business warns its full-year profits would fall short of expectations.
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NewsWhitworths profits up 58% but hit by Utting exit
Pre-tax profits were up by nearly 60% at dried fruits, nuts and seeds supplier Whitworths
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NewsAunt Bessie's owner posts solid results
The family-run owner of Aunt Bessie’s and Jackson’s Bakery, William Jackson & Son, has posted solid growth
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NewsEggs on a roll as sales grow at fastest rate since 1950s
Eggs are benefiting from growing consumer interest in high-protein diets
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NewsCranswick festive volume sales boosted by lower pig prices
Total sales in the three months to 31 December 2015 were up 5% compared with Q3 the previous year
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NewsPayPoint sales rise in the third quarter
PayPoint has posted third-quarter year-on-year net revenues up 1.8% to £35m and total revenue down 3% to £58.1m.
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NewsDiageo sales hit by currency headwinds
Organic operating profit growth at the company came in at 2.4%
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NewsHotel Chocolat back in profit with sweet sales growth
Hotel Chocolat has bounced back into the black after ditching its US trial and keeping a tight hold of costs.
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NewsP&G sees 2% global organic sales rise in second quarter
P&G Procter & Gamble has returned to quarterly organic sales growth, revealing a 2% rise
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NewsPZ Cussons shares plunge on emerging markets struggles
Shares in consumer goods manufacturer PZ Cussons fell almost 10% today after the company revealed its first half trading was hit by volatile conditions in emerging markets.
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NewsFever-Tree shares surge on strong growth and earnings upgrade
Shares in Fever-Tree have leapt 7% in morning trading after it reported booming sales over the second half of the year resulting in a full year earnings that are “comfortably ahead of expectations”.
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NewsGeneral Mills UK profit rises as it closes Berwick site
General Mills has released accounts showing profits more than doubled in the UK last year