latest – Page 75
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NewsCity snapshot: Refresco pushes further into the US with AZPACK acquisition
Bottling giant Refresco has expanded its footprint in North America with the acquisition of AZPACK (Arizona Production & Packaging) as it continues its acquisition spree. Plus, shopping tech firm Eagle Eye continues to grow sales, new non-exec at McBride and all the rest of the latest news from the City.
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NewsProtein turnaround drives 2 Sisters profits rebound
Poultry giant 2 Sisters Food Group has posted a double-digit improvement in fourth quarter organic profits as margins in its core protein business improved.
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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NewsPricecheck on target to top £100m turnover this year, results reveal
The Sheffield-based operator posted a 12% increase in sales for the year to April 2019
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NewsBerry Bros & Rudd sales surge to highest point in almost a decade
The upmarket wine retailer grew turnover 17.4% to £219m over the year ending 31 March 2019
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NewsCity snapshot: Hain Celestial brings former Hershey executive as CFO as sales continue to slide
Hain Celestial has brought in a new CFO as first quarter sales continued to slide
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NewsSainsbury’s Coupe optimistic about sales momentum over Christmas
Group revenues fell 0.2% to £16.9bn in the 28 weeks to 21 September 2019
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NewsCity snapshot: Sainsbury’s sales and profits plunge despite price cuts
Sainsbury’s has fallen to a loss in its first half as the supermarket suffered from higher marketing costs, comparisons with good trading a year ago and the impact of cost savings
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NewsPlatinum Retail sees profits soar as forecourt expansion continues
A fall in oil prices towards the end of 2018 and the expansion of the estate helped improve gross margins
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NewsCity snapshot: Marks & Spencer food sales rise after two years but profits drop
Marks & Spencer reported growth in its food business but group revenues and profits were dragged down by a poor first-half performance from the clothing and home division
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NewsFrieslandCampina UK profits jump 49% despite sales drop
Profits at the UK arm of Dutch dairy giant FrieslandCampina rose 49% last year, despite the ‘difficult economic situation’
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NewsColgate-Palmolive sales rise but miss analysts’ forecasts
The US consumer goods giant reported net revenues of $3.92bn, up 2% on the comparative period in 2018
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NewsHarrogate Water exports boost sales in already buoyant sector
The Harrogate Spring Water and Thirsty Planet producer posted sales of £21.6m in the 12 months to 31 March 2019
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NewsCity snapshot: Rising prices boost organic sales at Carlsberg
Danish brewing giant Carlsberg has posted a 3.1% rise in third quarter like for like sales, driven by rising prices as volumes declined. Plus, UK consumer confidence drops again, Delivery Hero raises sales expectations, Hilton Food Group updates on trading and all the rest of the latest news from the City.
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NewsOff-Piste Wines sales surge on international growth
A 54% surge in international sales boosted revenues to reach nearly £40m
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NewsKellogg’s sales boosted by snacks and frozen foods growth
Kellogg’s third quarter organic sales rose marginally, driven by growth in snacks and frozen foods
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NewsCity snapshot: Beyond Meat makes first quarterly profit as sales surge 250%
Beyond Meat has posted its first quarterly profit as sales of its plant-based meat alternatives jumped 250% in the third quarter.
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NewsBoots UK sales and profits fall in face of ‘very challenging’ UK market
Sales decreased by 1.8% on a constant currency basis, mainly because of a 2.1% decline in Boots UK
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NewsRefresco hit with £8.1m charge following acquisition of Cott
Bottling giant Refresco was hit with an £8.1m exceptional charge last year resulting from its £935m acquisition of fellow bottling firm Cott.
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NewsBear reports sales fall amid intensifying competition in the fruit snacking space
Fruit snacking brand Bear has seen a reversal of its rapid growth as fierce competition and lower-priced rivals have stunted sales.