more results news & analysis – Page 108
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Tesco progress surprises market
Tesco beat expectations on almost every measure as it announced its final annual results before the £3.7bn Booker acquisit…
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Tayto owner Manderley profits hit despite sales rise
The owner of Northern Irish crisps supplier Tayto has reported a £10m-plus jump in annual sales
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Central England Co-op reports 46% rise in profits
Sales increased to £848.3m for the year ending 27 January 2017, up by 0.6% from the previous financial year
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City snapshot: WH Smith improves food offer as performance hold steady
WH Smith (SMWH) has posted pre-tax profit down 1% from £83m to £82m on static group revenue of £643m in the half year to 28 February. Plus, Greene King’s shares rise on bullish profits guidance and all the rest of the latest news from the City.
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Tesco's profits jump: what the analysts say
Tesco’s profits jump: here is how analysts and other experts reacted to the results
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Kay Group puts soaring profit down to food-to-go innovations
Kay Group puts soaring profit down to food-to-go innovations
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Nisa reports 26% sales hike as store numbers increase
The results come ahead of the CMA’s phase one ruling on the Co-op’s acquisition of Nisa, due to be published by 23 April
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Tesco profits jump 28% as it 'moves quickly' to deliver Booker synergies
Tesco has reported “another year of strong progress” with the ninth consecutive quarter of growth and said it was “moving quickly” to deliver synergies and access new growth from the completion of the merger with Booker.
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The Co-op returns to profit for first time since 2015
It recorded £72m profits before tax for the year to 6 January, compared with a £132m loss in the previous year
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Fisherman's Friend maker reports 45% drop in profits
The company grew sales by 0.7% to £51.6m in the year to 31 December 2017
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MRH profits up ahead of Motor Fuel Group takeover
MRH has reported a double-digit rise in sales and profits for the year to 1 October 2017
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Constellation Brands fourth-quarter sales exceed estimates
The company said its beer portfolio was the number one growth contributor to the US beer market
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US spice giant McCormick reports 'great start' to 2018
Net Q1 sales rose 19.2% from $1.04bn (£739m) to $1.24bn (£876m), reported chariman, president and CEO Lawrence Kurzius
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Media Bites 27 March: Casino, Amazon, Conviviality
French supermarket giant Casino has signed a distribution deal with Amazon
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Ocado feels chill as first-quarter sales disappoint
The online grocer’s first quarter sales growth was reduced by almost one percentage point
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Wing Yip suffers 30% drop in pre-tax profits
According to accounts filed at Companies House this week, pre-tax profits were down from £4.8m to £3.5m on turnover up 8.7…
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Food safety scandal slashes quarterly profits at 2 Sisters
Second-quarter profits have plunged at 2 Sisters Food Group owner Boparan Holdings, as the closure of its scandal-hit West Bromwich factory weighed on results.
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Birds Eye owner Nomad more than doubles annual profits
Nomad Foods, owner of frozen food brands Birds Eye, Iglo and Findus, has reported “an outstanding year” during which it reported full-year organic revenue growth of 3.9%.
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City snapshot: Conviviality seeks £125m from investors to save the business
Conviviality has announced an equity placing to raise £125m in a bid to recapitalise the business – without which it said it was “unlikely” to be able to continue. Plus on a busy day in the City, Produce Investments back in profit, protein woes weigh on 2 Sisters, Reckitt pulls out of Pfizer talks and all the rest of the news from the City.
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Fonterra CEO Theo Spierings steps down as profits plunge
Announcing half-year losses of £177m, the company said Spierings will leave later this year after seven years as CEO