latest – Page 155
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NewsPartner in Pet Food to stay independent despite Advent sale
Partner in Pet Food hopes to remain independent despite PE owner Advent hoisting the for sale sign…
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NewsProfits and revenues up at Carrefour as European trading stabilises
French retail giant 2014 Carrefour has posted a 3.9% rise in full-year sales as conditions improve in its home market and trading has ”stabalised” across Europe.
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NewsYeo Valley profits squeezed as organic brand pushes up sales
Profits have slipped at dairy group Yeo Valley despite a £14m rise in sales to £275m as its margins were squeezed by the steady increase in the cost of its ingredients
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NewsGreggs shares soar on record profits and seven-year like-for-like sales high
Shares in Greggs (GRG) have soared once again today as the high street bakery chain posted record profits and the strongest like-for-like sales seen since 2007.
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NewsMcColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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NewsFourth quarter revenues up at 2015 IPO contender Moy Park
Irish poultry producer Moy Park saw revenues increase by 3.4% for the 13 weeks ended 27 December 2014
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NewsBritish American Tobacco sparks up auditor search
British American Tobacco is looking for a new auditor after ending its agreement with Big Four firm PwC.
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NewsThorntons profits hit by major supply reductions
Chocolatier Thorntons has reported a 10% fall in first half profits due to an “unanticipated” plunge in sales to two major grocers
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NewsNut alerts put spice pricing in spotlight
Spice prices have come under scrutiny after positive tests for contamination with nut protein prompted product recalls…
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NewsPasta World sees profits fall following investment
One of the UK’s largest producers of dried pasta for food producers saw profits collapse last year…
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NewsFyffes to pursue deals in 2015 after earnings hike
Fyffes has grown earnings by 28.1% to €40.1m in 2014 as its sales nudged upward by 0.8% to €1.09bn.
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NewsBDO predicts renewed investor interest in food and drink IPOs
Investors could be set to flock to the food and beverage sector in 2015…
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NewsFortnum's new St Pancras store grows ahead of targets
Upmarket retailer reported 42% sales growth year on year for the period of November-February and the store’s best performing category was tea
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NewsIglo Group 'repositions' to deal with fall in frozen sales
Birds Eye owner Iglo Group was hit by declining sales last year as increasingly tough conditions in the frozen sector…
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NewsWhole Foods Market’s UK losses halve amid booming sales
The UK arm of US grocery chain Whole Foods Market has cut its annual pre-tax loss by almost half as its sales increased by a quarter last year.
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NewsBestway sees 22% increase in delivered sales, outstripping Londis
Bestway said it had clocked up delivered sales of more than £650m in retail in the past year for the first time
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NewsSports nutrition drives Glanbia's 6.9% annual revenue boost
Irish sports nutrition and ingredients group Glanbia has reported a fifth consecutive year of double-digit earnings growth.
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NewsTesco has '75% chance' of successful recovery, report claims
The report by Bernstein claims that the UK’s biggest retailer is in the “recovery on track zone”
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NewsKerry Group share price falls as sales decline
Shares in Irish food giant Kerry Food are down more than 2% so far today to €63.05 after it posted a 1.4% decline in revenues in 2014.
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NewsABF expects first half earnings dip as sugar weakness hits profits
Associated British Foods has announced it is trading in line with expectations in a pre-close statement, as the strong growth in Primark continues to be offset by weakness in its sugar business.