latest – Page 164
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Andy Clarke: Asda staff morale 'not as bad as I had feared'
Staff morale at Asda is holding up better than expected in light of its ongoing in-store management restructure…
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Raisio blames sales slump on flailing Honey Monster
Raisio Group has reported further losses and sales decline in its troubled UK business…
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Asda sales grow 0.5% in second quarter
Asda’s like-for-like sales grew 0.5% in the 10 weeks ending 30 June, it revealed today.
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Kerry Group battles changing shopping trends to post first-half profit growth
Irish food supplier Kerry Group overcame fickle UK shoppers and turmoil in its emerging markets businesses to grow profits in the first six months of 2014.
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Greggs one of biggest risers on FTSE thanks to strong first half
Trading improved significantly in the second half of last year…
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AB InBev scores World Cup beer boost in Q2
Beer sales during the World Cup boosted the UK fortunes of Belgian brewery giant AB InBev.
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Diageo sales growth stalls as emerging markets weaken
Weakness in emerging markets has continued to affect the performance of Diageo, which today reported a “mixed performance” in the year to 30 June.
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Strong pound dents British American Tobacco’s revenues
British American Tobacco saw first half headline revenues decline by 10% after being hit by adverse exchange rate movements.
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Revamped coffee and sandwiches help drive Greggs profit surge
Greggs has reported an almost 50% rise in first half pre-tax profit after diversifying its product range
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PZ Cussons defies currency headwinds to post profit growth
Soap maker PZ Cussons has recorded a 7% rise in full year profits despite negative currency movements and unrest in Nigeria.
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Reckitt Benckiser spins off pharma to focus on consumer goods
Reckitt Benckiser is to spin off its pharmaceutical division to concentrate on its core business of consumer goods.
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African demand boosts SABMiller’s global volumes
SABMiller’s first quarter global drinks volumes grew by 3%, driven by increased demand in South Africa and the African region.
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Vimto maker Nichols reports half-year profit boost
Vimto brand owner Nichols has reported a double-digit increase in half-year profits – boosted by strong UK sales.
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Britvic raises profit forecast as fizzy drinks sparkle
Britvic has raised its profit forecast for the full year after enjoying strong fizzy drink sales in the third quarter.
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Coca-Cola revenues slide despite World Cup boost
Coca-Cola reported a fall in second quarter revenues and profits despite a huge marketing effort around the FIFA World Cup.
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Premier Foods profits up despite sales dip
Tight cost control has enabled Premier Foods to post a 2.1% increase in first half profit despite seeing a drop in sales of its ‘power brands’.
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McColl’s sales up as Lancaster splits off chairman role
McColl’s Retail Group has reported a 2.1% increase in half-year like-for-like sales, and revealed founder James Lancaster is to fully focus on his role as chief executive.
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Food & drink companies lead the way on working capital
The 20 biggest global consumer products companies improved their working capital positions dramatically in 2013…
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Finsbury Foods shares bounce back on news of good profits
After responding strongly to the sale of its free-from business last year, Finsbury Foods shares have drifted…
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Carrefour chalks up best sales growth in five years
Carrefour has reported its best quarterly sales growth in five years – with sales growing 4.9% on an organic basis to €20.5bn.