latest – Page 95
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NewsPrinces Gate water sales slump 6% prior to Nestlé acquisition
For the year ending 30 November 2017, the thriving producer saw sales dip 6%, from £14.7m to £13.8m
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NewsMcCormick UK sales up in first period with French's & Frank's
McCormick bought RB’s table sauce business, including French’s & Frank’s brands, for $4.2bn in August 2017
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NewsCity snapshot: Earnings up 29% at Young's Seafood as sale process continues
Youngs Seafood has boosted earnings 29% in the third quarter on the back of cost-cutting as the Grimsby business continues its search for a buyer, Brewdog heralds a period of “substantial growth, and the rest of the news from the City
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NewsBrewDog heralds record results with 55% revenue surge
UK retail sales grew 83%, while revenue from BrewDog’s fast-expanding bar division almost doubled, growing 92%
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NewsHiggidy sales fall flat following 'major brand restructure'
Sales at premium pie maker Higgidy flat-lined last year as a major restructure of the brand hit revenues, though sales have picked up in recent months.
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NewsCrediton Dairy posts 9.7% sales increase to £68.5m
Despite the increase in turnover, its profits took a £1m hit as it focused on R&D
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NewsAsda reports second quarter growth of 0.4%
Asda has now recorded five consecutive quarters of like-for-like growth
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NewsCarlsberg upgrades earnings forecast after strong first half
Carlsberg has upgraded its full-year earnings expectations after posting a 5.1% rise in organic net revenue in the first half of the year. Plus, Henkel has downgraded its full year earnings expectations as currencies hit its annual results and all the rest of the latest news from the City.
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NewsCoca-Cola European partners flattened by France and Spain despite levy boost
The soft drink levy provided a much-needed boost for CCEP despite being expected to stifle fizzy drink makers as sales dived elsewhere in Western Europe
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NewsNew owners bring cereal bar maker Halo Foods back in profit
The Harvest Cheweee maker completed a turnaround in 2017 to jump up to a £361k pre-tax profit from a £3.1m operating loss
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NewsVolumes slide at CCEP after second quarter sales slumps in western Europe
CCEP’s total comparable revenues grew 1% in the half-year to 29 June 2018, as it was supported by strong sales growth in the UK.
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NewsCity snapshot: World Cup boosts first half sales at Coca-Cola HBC
European FTSE 100 coke bottler Coca-Cola HBC has reported a 6.4% first half jump in sales as the World Cup and warm weather boosted volumes in the second quarter. Plus, half year results from Irish groups Kerry Group and Glanbia and all the rest of the latest news from the City.
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NewsFirst half profits rise 8.6% at Stock Spirits Group
Premium spirit supplier Stock Spirit Group (STCK) saw profits jump 8.6% for the half-year, despite “challenges in its core markets”.
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NewsProfits tumble at Wrigley UK as chewing gum sales wane
Profits at Extra and Juicy Fruit chewing gum maker Wrigley tumbled by a third last year, as category sales continued to decline
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NewsKraft Heinz shares jump as condiments and sauces drive European growth
Kraft Heinz shares jumped 8% after booming sales outside of North America helped it record second quarter top-line growth.
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NewsHot weather helps AG Barr recover to 5% sales growth
Irn Bru and Rubicon manufacturer AG Barr recorded a 5% increase in sales for the first half of 2018.
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NewsCity snapshot: Hot weather hits first half trading at Greggs
Food to go bakery chain Greggs has reported a slowdown in first half like-for-like sales and a drop in profitability as hot UK weather and falling footfall hit performance. Plus, UK food to grow drives 8.1% pro forma third quarter sales rise at Greencore, first half sales up and profits down at Just Eat and all the rest of the latest news from the City.
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NewsHeineken cuts profit forecasts after Brazil expansion
Heineken, the world’s second largest brewer, has forecast a drop in profitability after expanding quicker than predicted in Brazil.
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NewsMcColl's profits suffer after P&H collapse disruption
Pre-tax profits for the six months to 27 May felll to £2.3m as supply costs increased
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NewsMedia Bites: Nestlé, Diageo and stockpiling food
Shares in Switzerland’s Nestlé rose yesterday after better sales in the US and China helped chief executive Mark Schneider pep up the performance of the world’s largest food and drinks group