latest – Page 173
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NewsScotmid Co-op suffers dip in sales and profits
Scotmid has posted a small drop in half-year sales and profits in what it described as a “challenging retail trading environment”.
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NewsDairy Crest ‘steady’ in first half as cheese outperforms spreads
Dairy Crest has delivered a steady performance during the six months to 30 September, and its full-year profit expectations are unchanged, the company has said in a trading update.
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NewsWaitrose enjoys growth in north and south as sales climb 6.9%
Waitrose has defied the flat grocery market to report a 6.9% increase in half-year like-for-like sales.
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NewsMorrisons to review property portfolio as profits fall
Morrisons has launched a review of its £9bn property portfolio as it considers ways of unlocking more capital.
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NewsOcado sales jump 16.4% as basket size grows
Ocado has reported a 16.4% increase in third-quarter sales year-on-year to £189.2m.
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NewsHilton Food Group's profits inch upwards
Tesco meat packer Hilton Food Group has posted a 0.7% increase in volumes, driven by the introduction of new lines in Holland.
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NewsCampo Viejo and Jameson drive Pernod Ricard UK sales
Pernod Ricard UK has described its UK performance as “very satisfactory” – despite the French company saying there was “quasi-stability” in the UK.
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NewsPernod Ricard sales lifted by top brands and emerging markets
Pernod Ricard has reported “strong performance” driven by its top brands – but said the UK market remained “quasi-stable”.
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NewsCo-op Group loses £559m as banking woes bite
The Co-operative Group’s food business has reported a 1.1% fall in half-year like-for-like food sales, but banking woes hit the society hard.
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NewsBaking a Mary Berry sponge will cost an extra 27p this season
The return of The Great British Bake Off this week brings with it at least two certainties…
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NewsHain Celestial chalks up record UK sales
Fmcg giant Hain Celestial chalked up record UK sales in its fourth-quarter and full-year results, it announced yesterday.
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NewsCarlsberg profits drop in second quarter
Carlsberg said today its full-year sales and profits forecast remained unchanged despite lower than predicted pre-tax profits in the second quarter.
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NewsGlanbia sales rise 13% despite Dairy Ireland challenges
Glanbia has posted a 13% increase in turnover, driven by its Global Performance Nutrition business, but admits that challenges remain in its Dairy Ireland division.
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NewsHeineken sales dip as European beer market remains sluggish
Heineken has reported a fall in organic group sales in its half yearly results, down 1%, as volumes of beer continued to slide across Western Europe.
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NewsConviviality Retail hails success of stock market float
Conviviality Retail CEO Diana Hunter is delighted with the company’s performance since floating on AIM…
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NewsAsda explains discrepancy in Walmart Q2 figures
Asda’s parent company Walmart created confusion over the retailer’s second quarter results last night after reporting weaker figures than Asda had provided earlier in the day.
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NewsAsda sales growth slows in second quarter
Asda’s like-for-like sales grew 0.7% in the second quarter, down from 1.3% in the first three months of the year, it said today.
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NewsLeaner Bakkavor grows profits and turnover
Ready-meal maker Bakkavor grew like-for-like sales by 6% in the second quarter, after selling off its French and Spanish businesses.
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NewsQuality improvements fuel buoyant outlook for e-cigarette market
The UK electronic cigarette market will grow from just £48m last year to £339m by the end of 2015…
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NewsKerry Foods posts growth despite drag on frozen meals
Kerry Foods’ frozen meals felt the impact of the horsemeat scandal in the first half of the year, but didn’t stop the ciompany recording a 12.2% rise in profits.