more results news & analysis – Page 118
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William Grant & Sons revenues and profits soar in 2016
Sales and profits have leapt at William Grant & Sons as the Scottish spirits giant thanks to “significant” currency tailwinds in the wake of the weak pound.
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Real Good Food swings to £5.8m loss after troubled year
Beleaguered Real Good Food has swung to heavy losses after a delay in passing on Brexit-linked price inflation and poor cost controls, the group revealed in its full-year results released unscheduled on the London Stock Exchange this afternoon.
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SSP Group continues to ride food-to-go growth
The Upper Crust owner said in a pre-close update that fourth quarter sales were expected to increase by 17.5% year on year
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Nespresso and Waters defy UK trend of falling sales for Nestlé
The UK arm reported a 3.2% slide in headline sales in the year to 31 December
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Meat The Alternative to take on Quorn with chilled branded range
The supplier has created an 11-strong range of meals
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Crawshaw Group shares sink as losses widen at value meat retailer
Shares in value meat retail chain Crawshaw Group plunged more than 12% today as its first-half losses widened on the back of the devaluation of sterling and investment in lowering prices in an attempt to lure back customers.
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Hotel Chocolat set to unveil new app and loyalty scheme
The app will give “very different functionality and capabilities” to the site
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Aldi UK announces profits drop as sales rise by £1bn
Aldi is now UK’s fifth biggest supermarket with a 6.9% share of the market
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Produce World reports £7m loss amid 'significant and challenging events'
Grower says brassica joint venture with Lincolnshire Field Products failed to deliver expected benefits
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City snapshot: Aldi UK sales jump 13.5% to £8.7bn but profits fall back
Aldi grew its UK and Ireland sales by £1bn last year to £8.7bn but investment in growth and price meant operating profits fell by 17%.
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Ocado sees solid growth but reveals Andover investment needed
Ocado proved once again to be one of the most divisive of all grocery stocks
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KP Snacks in black for first time since Intersnack takeover
Operating profits more than doubled after investment in factories over the past three years significantly reduced costs
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Whitworths reports £50m loss as IT works cause supply chaos
Dried fruit & nuts brand Whitworths slumped to a £50m loss last year as sales fell, a new IT system hampered supply, the former management team departed and loans were written off, delayed accounts have revealed.
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Ocado to invest extra £2m in robot-powered Andover site
Fulfilment centre will process 65,000 orders a week once at full capacity
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Whitby Seafoods boosted by £10m sales increase
The scampi specialist credits its strong growth during 2016 to new business wins
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City snapshot: Efficiency focus helps grow profits at Finsbury Food Group
Cake supplier Finsbury Food Group (FIF) has grown pre-tax profits on flat revenues as investments in production efficiency helped boost the bottom line.
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Icelandic Seachill shrugs off volatility to post rise in sales
Revenues for seafood supplier climb by £18m despite ending of M&S supply deal in 2016
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Morrisons to drive further recovery by expanding The Best
Morrisons is to double the size of its The Best premium own-label range by the end of the year
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Filippo Berio profits soar as it predicts tougher year ahead
Sales nudged up 1% to £41.2m in 2016, with a more than £1m fall in cost of sales to £37.4m
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One Stop sales increase 5% as franchise stores turn profit
Overall pre-tax profit was £18.8m, up 25% on the same period last year.