latest – Page 55
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NewsAF Blakemore sales hike balances Covid impact
The business remained in a strong position, said chairman Peter Blakemore
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NewsFinnebrogue dodges GB-NI trade issues and posts strong growth in accounts
Parent Lynn’s Country Foods reported a 21% increase in sales in its latest accounts
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NewsArla shrugs off foodservice sales plunge as branded revenues soar
Many consumers turned to cooking and baking under lockdown, helping to boost sales of Arla’s global brands Lurpak, Arla and Puck
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NewsCity snapshot: CCEP posts double digit drop in annual sales amid out-of-home slump
UK and European Coke bottler Coca-Cola European Partners has reported an 11% drop in annual sales as its away from home volumes have plunged by more than a quarter
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NewsCoca-Cola predicts improved 2021 despite double-digit sales drop
After a difficult year, Coca-Cola’s numbers improved in the fourth quarter
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NewsCity snapshot: Heineken slashes 8,000 jobs as pandemic plunges brewer into the red
Heineken is cutting 8,000 jobs around the world in a €2bn cost-saving drive to reshape the group and kick-start growth in the wake of the coronavirus pandemic.
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NewsOcado loss falls to £44m after bumper retail growth
The online grocer has cut its annual loss by almost 80% amid booming sales during the pandemic, but warned growing costs will continue to constrain profitability
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NewsCity snapshot: Lockdown drives sales boom at Ultimate Products
Ultimate Products has raised its expectations for the year as the boom in online shopping and supermarkets during lockdown continues to benefit the consumer goods group. Plus, Cake Box opens 150th store.
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NewsCity News: Unilever’s shrinking margins cause concern despite growth
At first glance, there was plenty to like about Unilever’s full-year results on Thursday
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NewsCity snapshot: Unilever restores growth targets after end of year sales acceleration
Unilever’s sales growth accelerated at the end of its financial year, enabling it to restore its long term growth targets. Plus, trading updates from Compass Group, Cranswick and Stock Spirits, PayPoint completes acquisition and all the rest of the latest news from the City.
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NewsAvara Foods enjoys solid growth despite pandemic challenges
The poultry giant saw turnover climb by 5.6% in its latest accounts, while pre-tax profit rose 14.3%
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NewsCity snapshot: Gusbourne DTC sales soar during lockdown
Revenues at English sparkling wine producer Gusbourne have fizzed higher as drinkers ordered more from the company’s own website during lockdowns. Plus, Coca-Cola European Partners received clearance from Australian competiton watchdogs for its acquisition of Coca-Cola Amatil.
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NewsSpirit sales in North America uplift Diageo despite closure of pubs
The maker of Johnnie Walker and Guinness surprised the market on Thursday by reporting a 1% rise in organic net sales
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NewsLidl reports £13.6m annual loss in first separate accounts for GB business
The loss after tax came as Lidl GB invested £654m in growing the business in the year ending 29 February 2020, the newly filed full-year accounts reveal
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NewsFortnum & Mason removes all plastic from own-label tea range
The Queen’s grocer also has plans to replace its plastic Food Hall bags with chlorine-free paper ones
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NewsCity snapshot: US growth boosts Diageo despite pandemic hit to travel sales
Global spirits giant Diageo has shrugged off the closure of pubs and bars across the world and a slump in travel retail to post a rise in organic sales. Plus trading updates from Fever-Tree, Britvic, Tate & Lyle and all the rest of the latest news from the City.
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NewsPoundland reports sales growth boosted by new ranges and price points
The growth in the first-quarter to December came despite ’significantly reduced footfall’
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NewsCentral England Co-op reports 9.2% growth in festive sales
New Year’s Eve saw the biggest jump with an 11% sales hike
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NewsCity News: Premier Foods share price resurgence levels out
The resurgence in Premier Foods share prices stalled somewhat this week, despite yet more stellar branded growth, as the City began to question how long its sales boom can continue.
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NewsMarigold slides into red after fire but lockdown cooking demand provides boost
The business was hit with exceptional costs of £1.3m related to the fire, including redundancy payouts for more than 100 staff, and saw stock worth £2m destroyed.