latest – Page 157
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City Snapshot: Dairy Crest in talks with CMA to push through Müller sale
Dairy Crest holds its breath as it awaits watchdog review of Müller sale. Plus McBride’s first half results and the latest share price movements.
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Consumer healthcare sales dip at GSK in 2014
GlaxoSmithKline’s (GSK) consumer healthcare revenues dipped by 1% last year as the global pharma giant struggled to overcome supply chain problems in the US and Europe.
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Ocado reports its first annual profit in 15 years of trading
Online grocer Ocado has, as expected, posted its first annual profit since it started operating 15 years ago as revenue jumped by almost 20% compared with 2013.
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Cake Angels' Fiddes Payne flies high on rising sales & profits
Fiddes Payne, tipped by dealmakers as a takeover target this year, has highlighted its potential to prospective buyers…
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'Organic opportunity' to save milk category
Organic milk offers a chance to add value to the declining milk category but needs more support at retail…
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Strong Christmas for Cranswick but pig price deflation hits revenue
Deflation in pig prices has continued to act as a drag on Cranswick revenues in its third quarter but failed to make a dent in the group’s profits.
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Diageo sees improving sales trends despite first half revenue dip
Diageo CEO Ivan Menezes hailed an improved first half performance despite posting lower than expected sales this morning after a slowdown in Latin America and Asia.
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First Milk returns to annual profit after 15% sales boost
First Milk has reported a 15% hike in revenue and a return to profit in its financial results for the year ending 31 March 2014.
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Britvic first quarter revenues slide on tough UK trading conditions
Britvic has announced a 1.4% fall in GB revenues amid “challenging trading conditions”, but insists it remains confident of hitting full year profit expectations.
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Greencore registers sales rise despite challenges of the big four
Revenues jumped 3.6% at Greencore Group to £331.9m in the first quarter thanks to continued good growth in the UK food-to-go market and strong double-digit rises in the US.
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Business booming for Tyrrells following Investcorp takeover
Premium snacks supplier Tyrrells has enjoyed booming sales in its first year…
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Food retailers issue record number of profit warnings in 2014
Listed UK food and drug retailers issued a record number of profit warnings in 2014 as the grocery sector came under attack from discounters.
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Fifa and Frozen help Tesco grow Christmas entertainment market share
HMV and Argos other winners as Asda slumps
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Thatchers sales soar 16% as cider maker wins Glastonbury deal
Thatchers has won a major three-year contract to supply its flagship Gold brand to every bar at Glastonbury Festival…
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Co-op's core convenience arm cheers with 3.5% growth
After a torrid 18 months, The Co-operative Group has emerged as a surprise winner over the Christmas period…
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B&M Bargains' shares rise on Christmas sales uplift
B&M Bargains’ shares were up by over 5% this morning after it reported a like-for-like sales uplift of 4.5% in the 13 weeks to 27 December.
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Premier Foods shares soar as Mr Kipling puts in ‘stand-out’ performance
A stand-out performance from Mr Kipling has helped Premier Foods put the brakes on power brand slowdown.
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Toy industry records best growth since 2010
Black Friday sales exceeded Christmas sales, and the World Cup lines were a particular success
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Holiday periods in the UK and US just the tonic for Fever-Tree growth
Strong sales in the final two months of 2014 have pushed Fever-Tree’s full-year revenue comfortably ahead of expectations.
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SABMiller hit by third quarter China slowdown
Peroni brewer SABMiller has reported a 1% dip in third quarter lager volumes, driven by a significant decline in China.