more results news & analysis – Page 151
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Tesco shows Irish upturn as grocery market continues strong recovery
The Irish grocery market has grown 3.8% over past 12 weeks according to Kantar Worldpanel
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Strong fourth quarter sends Reckitt Benckiser shares up 7%
A strong performance in Reckitt Benckiser’s (RB) consumer health division helped fourth quarter sales beat expectations and drive the fmcg giant’s shares 7% higher today.
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99p Stores losses balloon in run up to Poundland sale
Losses at 99p Stores grew to £11m and sales went into reverse in the run up to Poundland acquiring the business last year,.
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Kitwave enters ranks Big 30 ranking as wholesalers boost profits
Big 30 pre-tax profits rise 8.1% on total sales up 2.4%
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Trewithen continues rapid growth despite challenges in dairy
Cornish processor Trewithen Dairy has continued its rapid expansion with another year of double-digit growth
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QV Foods hit hard by low potato prices
Supermarket price pressure and dwindling potato consumption have hit fresh produce supplier QV Foods
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Pernod Ricard reports 3% first half organic growth
Pernod Ricard has delivered “solid” first half results as the spirits maker saw 3% organic sales growth in the six months to 31 December 2015.
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Bakkavor international sales surge
CEO Agust Gudmundsson said the deal to regain control of the ready meals supplier last month marked a turning point for Bakkavor.
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Tate & Lyle share plunge on commodities weakness
Shares in Tate & Lyle have dropped by 5.9% today after the sucralose maker warned that weak commodity prices would hit 2016 profits.
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Imperial Brands volumes dragged down by Middle East troubles
However, price increases helped to offset volume declines and push up revenues 10% in the first quarter to £1.6bn.
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Carlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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Coca-Cola reports earnings progress despite global revenue fall
Coca-Cola has reported a 4% drop in reported net revenues for 2015 after a fourth quarter slowdown.
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Associated British Foods targets full ownership of Illovo Sugar
Associated British Foods confirmed today it has held discussions over the minority stake in Illovo Sugar
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Paynes Dairies back in the black after cutting farmgate prices
Paynes Dairies has returned to profit after spending two years in the red as it renegotiated the price it pays farmers
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Currencies and cost-cutting hit sales at Mondelez
Full year net revenues were down 13.5% to $29.6bn, including a 12.6 percentage point impact from currency
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Ocado posts second annual profit but still waits for international deals
Ocado has posted its second consecutive annual profit after a year which saw retail sales rise by 14.7%
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Real Good Food shares slump on profit warning
Shares in Real Good Food crash to lows not seen since April 2015 as the business warns its full-year profits would fall short of expectations.
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Whitworths profits up 58% but hit by Utting exit
Pre-tax profits were up by nearly 60% at dried fruits, nuts and seeds supplier Whitworths
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Aunt Bessie's owner posts solid results
The family-run owner of Aunt Bessie’s and Jackson’s Bakery, William Jackson & Son, has posted solid growth
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Eggs on a roll as sales grow at fastest rate since 1950s
Eggs are benefiting from growing consumer interest in high-protein diets