more results news & analysis – Page 147
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Coca-Cola Enterprises struggles in Q1 as sales lack fizz
Sales at European Coke bottler Coca-Cola Enterprises fell 7% in Q1 with volumes declining as consumers turn away from fizzy, sugary drinks.
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Vimto owner Nichols sales propped up by acquisitions
Vimto maker Nichols is set to relaunch its no-added sugar brands ahead of the summer.
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Mondelez profits improve but strong dollar hits sales
Mondelez International has increased earnings 71% in the first quarter as a result of its cost cutting programme.
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Home Retail Group profits slump but Argos digital up 7%
Company incurred an “exceptional goodwill impairment charge” of £852m
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Central England Co-op profit jumps despite 3% fall in sales
Society invested almost £30m in the business last year
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McCain’s GB profits up after its focus on higher margin products
McCain Foods boosts UK pre-tax profits 16.5% despite competitive pressures and a dip in sales.
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East of England Co-op pledges to spend £21m on store revamps
Society spent £15m refurbishing 46 food stores in 2015
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Lyons Seafood boosted by improved availability
Lyons said gross profits “returned to more normal levels” in the year to 27 June 2015
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Q&A with Young's Seafood CEO Pete Ward
Young’s Seafood CEO Pete Ward on price wars; going on the acquisition trail and what the business is doing to replace lost contracts.
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Scotmid Co-op sees profit rise as business outperforms market
Turnover and gross profits fell due to shorter trading period
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Breakfast cereal prices fall as retailers chase volume
Major mults have been lowering the price of cereals in a bid to stay ahead in the supermarket price war
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Young's Seafood casts its net for acquisitions
The UK group is in talks with more than one competitor as it looks to consolidate the market.
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Wing Yip pre-tax profits soar by more than a quarter
Wholesaler will begin building work to double the size of its Croydon depot in July
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Pret A Manager sales soar as veggie demand increases
Food-on-the-go chain Pret A Manger has hiked sales by 14% to £676.2m in 2015
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Danone confirms full-year target as like-for-like sales grow in Q1
Danone sales fell 3% in the first quarter to €5.31bn as it faced into severe currency headwinds of -7.2% but like-for-like figures grow 3.5%.
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Tesco turnaround fails to impress the City
On the face of it there was plenty to celebrate in the Tesco annual results this week
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Fletchers Bakeries back in the black under Finsbury
The morning goods & specialist bread supplier reported a pre-tax trading profit of £5m in the 15 months to 27 June 2015
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Nisa says Q4 sales are milestone in recovery
Nisa Retail delivered a 4.9% sales increase in the fourth quarter
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Ella's Kitchen hits 10 successive years of double-digit growth
Revenues increased 10% to £51.2m in the year to 30 June 2015, with sales in the UK up 12% to £40.5m
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William Jackson Food Group buys health brand The Food Doctor
Aunt Bessie’s owner William Jackson Food Group has moved into healthy snacking with the purchase of The Food Doctor for an undisclosed sum.