more results news & analysis – Page 125
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Britvic’s shares rise despite profits drop
Robinsons owner Britvic has posted a double-digit rise in first half sales, but restructuring costs hit pre-tax profits.
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M&S results: analyst reaction
Annual profits at Marks & Spencer have fallen by 64% to £176.4m, here’s how leading City and retail analysts reacted
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Cranswick export push and poultry expansion drives record sales
Growing pork exports to the Far East and soaring poultry sales have fuelled a record year at meat supplier Cranswick.
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Premier Foods targets 'balanced' strategy as shares collapse
Premier Foods pacified investors with promises of super-charged growth driven by its partnership with Nissin Foods
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Buoyant Booker defies Tesco deal distraction talk
Tesco’s proposed £3.7bn takeover of Booker has not distracted the wholesale giant as it delivered a 15% growth in pre-tax
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Dairy Crest profits rise 5% despite sales slump
CEO Mark Allen describes interim results as a ‘robust performance in a tough market’
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Asda sales fall 2.8% but Clarke insists fightback momentum is building
Parent company Walmart released its figures for the first quarter of 2017 today
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Poultry sales help boost Moy Park revenues by 6.6%
Quarterly results posted by the JBS-owned processor this week showed year on year revenue growth of £22.9m to £370.4m
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City snapshot: Booker profits up 15% ahead of Tesco buyout
Tesco-bound Booker saw pre-tax profits rise 15% in its full financial year, driven by rising non-tobacco like-for-like sales growth. Plus, all the rest of the latest news from the City
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Moy Park revenues up 6.6% in first quarter
Northern Irish poultry supplier Moy Park has reported a 6.6% jump in first quarter revenues, according the newly published accounts from its parent company Brazilian meat giant JBS,
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City snapshot: Premier Foods lowers growth target and ups cost savings drive
Premier Foods (PFD) is shifting its strategy away from focussing on revenue growth to a more ’balanced approach’ after full year underlying sales slipped 1.4%
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Coca-Cola Hellenic boosted by growth in emerging markets
Coca-Cola is flatlining, but European bottler Coca-Cola Hellenic continued its run of effervescent results. Plus, the share price movements of Refresco and Premier Foods.
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Kerrygold sales boom boosts revenues at Ornua
The Irish butter brand topped €900m in global sales, with the US reporting 20% volume growth
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City snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
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Weak pound hits first quarter sales at Raisio
Finnish food group Raisio has announced an 18.9% fall in first quarter revenues as the weak pound hit sales of Benecol and its confectionery products in the UK.
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58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
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AB InBev's UK volumes grow in double digits in first quarter
Global volumes dropped –0.5%, but revenues were up 3.7% (organic) compared with the same quarter in 2016
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Mondelez sees commodities costs rise despite falling cocoa prices
Confectionery giant was unable to take advantage of lower prices because of hedging arrangements
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Mults record the best growth since 2013 as discounters power on
The UK grocery market posted its best growth figures since 2013 over Easter
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Sainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages