more results news & analysis – Page 109
-
News
HelloFresh cuts losses as it eyes move to profitability
German listed meal kit delivery company HelloFresh grew sales by more than 50% last year and cut its losses as it targets a move to profitability before the end of its 2018 financial year.
-
News
Bestway credits soaring profits to Best-one performance
Bestway credits soaring profits to Best-one performance
-
News
City snapshot: Science in Sport revenues jump 28% to £15.6m
AIM-listed sports nutrition brand Science in Sport, which supplies Team Sky and Manchester United, has posted full-year revenues up 28% to £15.6m, though losses have deepened. Plus, Irish dairy giant Ornua has announced record revenues of €2.1bn for 2017, UK CPI falls to 2.7% and all the rest of the latest news from the City.
-
News
City snapshot: Ocado growth hit by Beast from the East
Winter storms that caused widespread disruption during the final week of Ocado Group’s (OCDO) first quarter, reduced Ocado’s sales growth by almost one percentage point back to 11.7%. Plus, Imperial Brands disposes of US tobacco products and all the rest of the latest news from the City.
-
News
Finsbury Food Group back on the acquisition hunt after solid first half
Listed bakery business Finsbury Food Group is back on the acquisition hunt after a period of consolidation that saw first half like-for-like sales edge up 2.5% to £144.8m.
-
News
City Snapshot: First half sales and profits up at Finsbury Food Group
Cakes and bakery goods supplier Finsbury Food Group has overcome “sustained market-wide headwinds” to post a rise in first half sales and profits.
-
News
Why was a resurgent Morrisons rebuffed by the City?
Unexpected news of a jump in sales & profits rewarded with 4.9% drop in share price
-
News
Conviviality faces fight for survival in cash crunch
Booze giant Conviviality faces a battle for survival after a week of turmoil that saw more than £350m wiped from its value and PwC called in for help.
-
News
Conviviality calls in PwC after unexpected £30m tax bill
The ailing booze giant is to meet with HMRC and key stakeholders
-
News
Conviviality suspends shares after week of turmoil
The Bargain Booze and Matthew Clark owner’s shares have crashed by around two thirds since last Thursday
-
News
City snapshot: 'Strong year' for Morrisons sees progress on sales, profits and debt
Morrisons has announced a 2.8% rise in annual like-for-like sales, a double-digit jump in profits and a large reduction of net debt as its recovery under CEO David Potts continues. Plus, Conviviality shares suspended “pending an announcement”, Greencore drops 30% on yesterday’s profits warning and all the rest of the latest news from the City.
-
News
‘Arithmetic error’ to blame for wiping £365m off Conviviality
Conviviality has updated the market after its shock profits warning on Thursday to confirm that its full-year adjusted EBITDA will be around £14m lower than previously forecast.
-
News
Greencore shares slump 30% on US profits warning
Shares of food-to-go supplier Greencore have slumped by almost 30% today after it issued a profits warning on headwinds in its struggling US business.
-
News
Fever-Tree looks to tequila for future growth, says CEO
The brand has also hinted at bourbon and whisky brand partnerships over the coming year…
-
News
Annual sales jump 21% at forecourt specialist Applegreen
Petrol forecourt retailer Applegreen is toasting increases in profits, revenue and growth, in its end of year financial statement for 2017.
-
News
City snapshot: Fever-Tree annual sales jump 66% but margins edge back
Drinks mixer supplier Fever Tree has announced yet another jump in sales, but a fall in its gross profit margin in its preliminary results. Plus, Greencore has announced a major restructure of its US operations and downgraded earnings expectations, Applegreen and CCR update the market and all the rest of this morning’s news from the City
-
News
Jigsaw Foods sees 18.1% pre-tax profit slump as costs rise
Despite that, the fast-growing company saw sales growth of 20.7% in the UK and 21.9% in the US…
-
News
Just Eat's City halo slips on earnings guidance cut
The company admitted to far higher investment requirements than anticipated
-
News
Two-thirds wiped off value of Conviviality after shock profits warning
Shares in Bargain Booze owner Conviviality plunged by more than two-thirds after the alcohol retailer and wholesaler issued a shock profits warning.
-
News
Soaring milk prices hit profits at Yeo Valley
Yeo Valley returned to top-line growth last year, but profits were hit by soaring milk prices and the devaluation of the pound as the business prepares to sell its dairy arm to Arla Foods.