latest – Page 174
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NewsGreggs targets food on the go as it blames weather for sales hit
Profits at Greggs fell nearly 29% in the first half of 2013, the high-street baker revealed today, as it outlined plans to seize more of the ‘food-on-the-go’ market.
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NewsDiageo profits jump 8% on back of emerging markets and spirits
Premium spirits and continued strength in emerging markets helped Diageo offset a “challenging” performance in Europe, the company reported today.
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NewsCranswick turnover rises 10% as pork sales soar
Cranswick has reported a 10% uplift in Q1 turnover but operating margins have taken a hit due to higher input costs, and the start-up costs of a new gourmet pastry facility.
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NewsHeatwave helps AG Barr and Britvic shares climb
The heatwave has given investors in Britvic and AG Barr reason to cheer after their merger deal collapsed…
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NewsWincanton trading 'on track' despite 'competitive pressures'
Wincanton has said its trading for the past three months has been in line with expectations, despite “competitive pressures” in the marketplace.
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NewsUnilever sales rise 5% as growth slows in emerging markets
Economic ‘headwinds’ in emerging countries have slowed down Unilever’s growth, it said today, as the fmcg giant warned of sluggish conditions continuing to hit its major markets.
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NewsCompass Group sales buoyed by US as Europe struggles
Compass Group has reported third-quarter sales growth of 4%, buoyed by strong performances in the US and emerging markets.
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NewsWilkinson's profits rise 21% but fall short of expectations
Pre-tax profits at Wilkinson have risen 21% to £27.5m in the past year but came in lower than expected, the retailer has said in its annual review.
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NewsPZ Cussons profits rise 16.5% as NPD pays off in UK
PZ Cussons has reported a strong increase in full-year profits despite tough trading conditions in Europe and social unrest in Nigeria.
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NewsPremier Foods rides power brands to 50% rise in half-year profits
Premier Foods, owner of Hovis, Bisto and Ambrosia, has raised its full-year expectations after reporting a 50% year-on-year hike in trading profit in the six months to 30 June.
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NewsDairy Crest’s Davidstow whey venture to focus on baby formula
Dairy Crest has decided its whey venture at Davidstow will focus on demineralised whey powder, which is used in baby formula.
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NewsThorntons sales climb as fmcg shift gathers pace
Thorntons’ transformation from a retail chain to an fmcg supplier continues apace as its total sales rose 5.6% to £26.8m in its fourth quarter.
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NewsOrganic sector returns to growth as horsemeat effect takes hold
Organic sales are back in sustained growth– as the ‘Horsegate effect’ proves longer-lasting than many predicted…
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NewsAssociated British Foods notches up a star performance
ABF’s grocery sales have been sluggish in recent years, but this week the division was a star performer…
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NewsBooker's tobacco sales take a knock in first quarter
Tobacco sales at Booker have been hit by illicit trade, as total group sales rose 13.6% in the first quarter.
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NewsSmiths News sales inch up as it seals new distribution contracts
Smiths News has posted a 0.7% increase in sales for the 44 weeks to 6 July.
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NewsM&S first quarter fuelled by food as clothing sales fall again
Marks & Spencer has reported a 0.3% increase in first quarter like-for-like UK sales, driven by strong food sales growth.
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NewsWhole Foods' UK losses triple to £12m
Losses from the UK arm of Whole Foods Market have tripled to more than £12m.
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NewsStock market sell-off prompts FTSE All-Share fall
Food suppliers and retailers have taken a pummelling in the recent stock market sell-off…
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NewsGreene King beer sales lifted by bottled ales and ad spend
Greene King, supplier of beers including Old Speckled Hen and Abbot Ale, has reported an increase in turnover for the year to 28 April.