latest – Page 87
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NewsCity snapshot: Greggs annual sales surge past £1bn
Greggs has shrugged off “extreme weather conditions” and wider economic uncertainties to post a jump in full year sales and profits. Plus the rest of the latest news from the City.
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NewsJust Eat sales surge on booming UK orders
A jump in orders and the acquisition of rival HungryHouse helped UK takeaway marketplace Just Eat grow revenues by 43% to almost £780m last year and move back into pre-tax profit.
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NewsSoaring Aperol sales drive 19% UK growth for Campari Group
The popularity of Aperol Spritz and Negroni cocktails boosted the spirit group’s UK sales in 2018
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NewsPep&Co clothing helps drive 'broadly flat' Q1 for Poundland
The variety discounter saw unaudited revenues rise 0.6% to €516m in Q1
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NewsAcquisitions drive 11% full-year sales growth at Nomad Foods
Revenues soared 11% at frozen food giant Nomad Foods in 2018 as it was buoyed by the acquisitions of Goodfella’s and Aunt Bessies
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NewsCity snapshot: Premiumisation drives 4.8% annual sales growth at ABInBev
The world’s largest brewer ABInBev has posted “solid” annual revenue growth of 4.8% driven by pricing and mix improvement.
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NewsCity Snapshot: UK growth drives strong profits at Hotel Chocolat
Strong Christmas sales drove a surge in revenues at Hotel Chocolat during the second half of 2018, WH Smith adds new directors and the rest of the latest news from the City
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NewsDo Kraft Heinz's travails signal the end of the zero-based budgeting era?
After Kraft Heinz posted a US$12.6bn fourth quarter loss, has the poster child for cost cutting shown the era of zero-based budgeting is coming to an end?
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NewsArla hails turnaround success with savings above targets
Arla embarked on its cost-saving measures beginning in April last year
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NewsCity snapshot: Profits stabilise at Finsbury Food Group despite sales drop
Finsbury Food Group was back in profit in the first half of its financial year, though business closures meant headline revenues declined. Plus, ABF to shrug off sugar woes and post annual sales growth and all the rest of the latest news from the City.
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NewsProfits slide at Divine Chocolate amid currency pressures
Profits dropped to just £9k in the year ended 30 June 2018
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NewsCity snapshot: Higher costs weigh on earnings at McBride
Profits at McBride were held back by “significantly higher” input costs after its shares plunged yesterday amid a profits warning
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NewsCity snapshot: McColl's returns to like-for-like sales growth
Profits halved and like-for-like sales slumped at the chain in 2018, blaming supply disruption from Palmer & Harvey’s collapse earlier in the year
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NewsCity snapshot: Vegan sausage roll success boosts profits at Greggs
Greggs said it has made an “exceptionally strong start” to 2019
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NewsEnergy drinks and sugar-free drive CCEP profit and sales growth
Coca-Cola European Partners also announced plans to start trading on the London Stock Exchange
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NewsCity Snapshot: Heineken's full-year profits surge amid strong beer growth
Dutch brewing giant Heineken saw profits surge ahead of analyst expectations in 2018, pre-tax profits drop at Smurfit Kappa despite 4% revenue growth and the rest of the news from the City
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NewsTrewithen Dairy owner sees sales rise by 27%
Results published by Cornish Farm Dairy saw turnover climb to £41.1m, while the Trewithen brand also saw increases
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NewsProfitability dented as Yeo Valley sees cost of production rise
The dairy supplier saw sales rise by £2.5m, but cost of sales rose by 9%, hitting profitability
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NewsOcado annual losses rise to £44m as expansion hits bottom line
Ocado grew its annual revenues by 12.3% in 2018, but its pre-tax losses jumped from £9.8m to £44.4m.
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NewsAmazon reports huge increase in net sales for 2018
Fourth-quarter operating income was $3.8bn compared with $2.1bn the year before