latest – Page 61
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NewsCity snapshot: Trading improves at SSP as concessions reopen
Trading at travel concession group SSP has improved as sites across Europe continued to reopen
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NewsCity snapshot: Profits lose fizz at Irn-Bru maker AG Barr as lockdown hurts hospitality sales
The shutdown of the hospitality sector during the first coronavirus lockdown in March hit the Irn-Bru maker
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NewsCity snapshot: Coronavirus outbreak takes a slice out of Finsbury profits
Sales and profits have slumped at Finsbury Food Group
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NewsCity News: Ocado enjoys another share price surge following summer sales surge
Ocado’s market capitalisation broke through the £20bn barrier this week
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NewsWhitworths sees coronavirus-driven sales jump as home baking booms
The ingredients and healthy snacking supplier has seen sales jump 10% during the coronavirus period
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NewsCo-op to grow BAME representation in its leadership team
Co-op wants to ensure 10% of its 600-strong leadership team would be from black, Asian or minority ethnic backgrounds by 2025
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NewsLockdown demand spike drives sales jump for Hilton Food Group
Sales were boosted by increased UK participation with Tesco and increased home consumption driven by Covid
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NewsSoaring food sales boost Co-op first half performance
Total revenues in the 26 weeks to 4 July were up 7.6% to £5.8bn driven by the strong performance of its food and wholesale arms
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NewsCity Snapshot: John Lewis Partnership scraps staff bonus as it suffers £635m loss
The John Lewis Partnership has scrapped its annual staff bonus as it suffered a first half loss of £635m amid restructuring costs and heavy writedowns of its John Lewis store estate. Plus, grocery sales boom at Co-op, update from Hilton Food Group and all the rest of the latest news from the City.
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NewsCoronavirus outbreak hits first half sales at Science in Sport
Sports nutrition group Science in Sport posted a drop in first half sales and an underlying operating loss given the “severe disruption” to its business caused by the COVID 19 pandemic
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NewsCity snapshot: Ocado sales surge by 52% ahead of M&S switch
Ocado’s retail revenues soared by 52% in the 13 weeks to August due to sharply rising demand for online groceries - plus, growth slows in August as more meals are eaten out according to the latest grocery market share figures.
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NewsCity News: Morrisons shows surge in demand is double-edged sword
The retailer on Thursday revealed a jump in first-half sales could not mitigate the extra costs caused by the coronavirus
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NewsCity snapshot: Morrisons profits dented by extra coronavirus costs
Morrisons has reported a surge in first half sales, but a double-digit fall in profitability as the extra costs of operating through the coronavirus crisis hit its bottom line.
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NewsBakkavor first half sales drop in ‘challenging’ market
Ready meals maker and fresh foods producer Bakkavor saw a 4.6% fall in first half revenues as Covid-19 had a “significant impact” on performance.
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NewsCity snapshot: Wincanton raises market expectation on back of online demand
The online shopping boom during the coronavirus pandemic has significantly boosted revenues and profits at logistics group Wincanton
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NewsCity snapshot: Fever-Tree sales and profits slump amid coronavirus lockdowns
Premium drinks mixer producer Fever-Tree saw a double-digit drop in sales and profitability as the shutdown of bars, pubs and restaurants hit first half trading. Plus, on a hectic morning, retail sales rebound in August, trading updates from Bakkavor, McBride, DS Smith and Applegreen joins US service station project
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NewsCity snapshot: ABF profits boost from rising grocery sales
Associated British Foods has benefitted from a surge in grocery sales during the coronavirus outbreak and better-than-expected trading at Primark in the fourth quarter
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NewsBulldog sales growth bucks coronavirus-driven personal care weakness
Strong growth has continued at Bulldog Skincare despite the coronavirus outbreak creating uncertainty for the personal care category.
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NewsArla posts strong lockdown results but warns of future cost-cutting
The dairy co-op saw UK revenues grow by 4.7% in the first six months of 2020, driven by strong in-home consumption
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NewsCity snapshot: Branded sales growth helps Arla shrug off coronavirus challenges
Danish dairy giant Arla grew its first half revenues by 2.8% driven by branded sales and retail growth, The Hut Group confirm £4.5bn September float plan, B&M promoted to the FTSE 100 and all the latest news from the City.