latest – Page 81
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NewsShift to staff ownership helps Riverford deliver ‘record’ sales
It moved to an employee ownership structure in June 2018
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NewsWeetabix sales down as decline of branded cereals market hits
The accounts say sales were hampered by a decline in overall cereal volume sales in 2018.
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NewsSurge in global demand boosts Haribo sales
Accounts filed at Companies House for Haribo’s parent company in the UK showed total turnover up to £181.6m in 2018
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NewsSeachill growth boosts Hilton Food Group’s first half sales
Hilton Food Group has continued to grow sales in the first half of its financial year, boosted by increased volumes from its Seachill fish business.
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NewsVimto producer Nichols shrugs off cooler weather to post first half growth
Vimto producer Nichols has posted a double-digit rise in group revenues as it brushed off the cooler UK weather to post growth across its stills and carbonates portfolio.
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NewsSales plunge at Fruit Bowl maker Stream Foods amid contract loss and difficult market
Stream Foods sales and profits dropped last year with the firm blaming a “tough” and “unpredictable” market for its poor annual performance
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NewsCity snapshot: First quarter sales rise at Premier Foods on branded growth
Premier Foods increased group sales by 1.1% in its first quarter, driven by 2.9% growth in branded sales. Plus, first half sales and profits rise at Nichols, Hotel Chocolat sales jump 14% in the year to the end of June, AG Barr shares plunge and all the rest of the latest news from the City.
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NewsAG Barr shares plummet 28% after shock profits warning
Irn-Bru maker AG Barr has lost more than a quarter of its value today after issuing a shock profits warning.
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NewsBroadland Wineries shakes off Brexit woes with £1.7m profit surge
This time last year Brexit’s effect on the pound had sent Broadland’s profits plunging 74% to just £324k
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NewsPoundland benefits from reduced rents and Pep&Co clothing growth
Profit growth was contributed to by ‘initial traction within Poundland to reduce store rents in line with prevailing market conditions’
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NewsCity snapshot: AG Barr issues profits warning as poor weather hits sales
Irn-Bru maker AG Barr has warned its full-year profits will fall by up to a fifth after trading has been hit by poor UK weather and pricing increases.
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NewsBulldog Skincare revenues soar but profits fall on marketing spend and NPD
Annual sales at male grooming company Bulldog Skincare jumped but profits were slashed by heavy marketing spend and NPD
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NewsTulip records £85m loss as pork price fall and writedowns hit
Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts.
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NewsAppleby Westward sees 10% profit hike as sales increase
The south west-based delivered wholesaler recorded pre-tax profits of £3.1m
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NewsCity snapshot: Tulip’s annual losses rise to £85m
UK pork giant Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts at the Danish Crown-owned business.
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NewsAdelie Foods sees £55m loss as impairment charges hit
Sandwich giant Adelie Foods posted another eight-figure loss despite improvements in its underlying performance.
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NewsHappy Egg producer Noble Foods reports profits jump as US egg market stabilises
Noble Foods profits jumped 650% with the company attributing the strong performance to a “more stable” US egg market.
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NewsPepsiCo sticks with 4% growth guidance after first half sales rise
PepsiCo reiterated its guidance of 4% revenue growth in the full financial year after reporting improved sales in the first half.
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NewsCity snapshot: Ocado posts deep first half loss after £100m Andover fire hit
Ocado has posted a first half pre-tax loss of over £140m after the fire at its Andover warehouse cost the online supermarket almost £100m. Plus, PhD Nutrition acquisition drives first half sales surge at Science in Sport and all the rest of the latest news from the City.
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NewsBettys & Taylors sees profits fall despite sales hike
Yorkshire Tea maker Bettys & Taylors reported a drop in profits despite strong sales growth as rising commodity costs and exchange rate volatility hit the bottom line.