latest – Page 145
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Jempson's back in the black after sale of Hawkhurst store
East Sussex indie Jempson’s has returned to profit following the sale of its Hawkhurst store to Musgrave Budgens Londis
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Heinz Beanz and sauces growth makes up for sagging soup sales
Heinz Beanz and sauces both saw strong growth in the UK last year to help boost profit margins and negate the impact of a sharp drop in soup sales.
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Vita Coco expands rapidly in UK
Sales and profits at coconut water brand Vita Coco have rocketed in the UK as consumers increasingly look to healthier alternatives to sugary drinks.
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Deals and discounters fuel UK growth at R&R Ice Cream
Ice-cream maker R&R Ice Cream has reaped the benefits of consolidation and the growth of the discounters as sales and profits in the UK soared by 25% and 90% respectively.
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Profits fall at Walkers despite sales boost
Walkers Snack Foods saw operating profits drop by 13.5% in the year to 27 December 2014 despite a healthy rise in revenues.
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Danone baby food growth drives sales ahead of expectations
French food group Danone has beaten forecasts with like-for-like sales rising 4.6% in the third quarter thanks to double-digit growth in its baby formula division.
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Metro Group sees 1.5% full year like-for-like growth
German retailer Metro Group recorded a 1.5% rise in like-for-like sales in the year to 30 September.
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Nestlé scales back forecasts as Maggi food scare hurts sales
Food giant Nestlé has downgraded its full-year growth target as the Maggi noodles food scare in India continued to act as a drag on sales.
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KP losses up in first year with Intersnack
Losses have escalated at KP Snacks in its first full year under the ownership of Germany’s Intersnack
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Coca-Cola Life off to slower start than Coke Zero debut
Coca-Cola Life has racked up sales of £26.5m in its first year on shelf
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Innocent UK slumps but EU revenues soar
Operating profits have slumped by more than 20% at Innocent as the smoothie maker battles tough conditions in the UK chilled juice sector.
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Kellogg's UK profits slump as Brits turn away from cereals
Kellogg’s suffered a profit slump in the UK last year as it battled falling demand for cereals.
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Booker pledges support for Budgens and Londis retailers
Booker has underlined its commitment to supporting retailers that operate under its newly acquired Budgens and Londis brands in its interim results statement, announced today.
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Unilever beats third quarter sales expectations
Unilever has delivered a strong set of third-quarter figures, notching up a 5.7% increase in underlying sales growth with volume up 4.1% and prices up 1.5%.
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Arla Foods UK hits £76.9m loss but sees rising Lurpak and Anchor sales
Arla Foods UK business slumped from a £2.6m profit in 2013 to a £76.9m loss in 2014, as it faced up to a “major structural changes”
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Whittard of Chelsea suffers earnings plunge
Tea and coffee specialist Whittard of Chelsea suffered a plunge in profitability last year as it spent heavily on re-positioning the brand.
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Coca-Cola Life hits £26.5m in UK sales in its first year
The line was launched in September 2014 as a lower-sugar alternative to regular Coke
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Lactalis McLelland blames tough trading for profit fall
Dairy processor Lactalis McLelland reported a pre-tax loss of £3.83m for the year to 31 December 2014, as it battled a “difficult trading environment” for dairy products.
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Wellness Foods makes healthy profits after brand sell off
Wellness Foods has generated profits of more than £50m and cleared its large debts thanks to the sales of the Rowse Honey and Dorset Cereals brands.
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Asda profits hit £1bn despite shrinking sales
Asda has pushed profits past the £1bn mark - despite sales falling 0.4% to £23.2bn and market share dipping - thanks to its low-cost operating model.