more results news & analysis – Page 3
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City snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3
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City News: Sainsbury’s hails ‘strong momentum’ despite non-food slowdown
Sainsbury’s ‘Food First’ strategy saw it crowned Grocer of the Year at the Gold Awards 2024 this week but while there was “strong grocery momentum”, its shares were hit by slowing growth
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T&R Theakston posts growth despite ‘tumultuous year’ for brewers
Yorkshire-based brewery T&R Theakston has reported double-digit growth for last year
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The Cheeky Panda plans for growth as it achieves profitability
Eco toilet paper challenger The Cheeky Panda has bounced back into the black and is in a “terrific position for growth” in 2024
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‘Ultra premium’ focus and overseas demand drives double-digit growth at Edrington
Edrington profits also saw a 6% uplift
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Haribo boosts sales 24% as it wins record market share
Haribo has sweetened its top line as continued demand for its products pushed market share to a new record
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Waitrose beef supplier Dovecote Park enjoys strong growth in latest accounts
The North Yorkshire-based supplier saw profits almost double last year, while turnover rose by just under 15%
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City snapshot: Sainsbury’s grocery growth dragged back by general merchandise weakness
Sainsbury’s has posted another quarter of “strong grocery memomemtum”, but its overall sales growth has slowed as general merchandise sales and Argos fell back
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Annual profits fall at Weetabix as consumers shift to private label
Profit margins have fallen at UK cereals giant Weetabix amid a wider consumer shift to cheaper private label breakfast products
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Boots reports 13th consecutive quarter of market share growth
Comparable retail sales were up 6% in Boots’ third quarter to 31 May
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City snapshot: Science in Sport grows margins after strategy reset
Sports nutrition player Science in Sport has reported improved performance in the first half of 2024 amid a strategic rethink and a senior team reshuffle
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Morrisons continues improved performance with sales up 4%
During the latest trading period, Morrisons completed the £2.5bn sale of its petrol forecourt business to fellow CD&R-owned Motor Fuel Group
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City snapshot: Revenues plunge on Nigerian currency woes but PZ Cussons holds full-year profit guidance
PZ Cussons has maintained its profits guidance for the year despite the currency in its troubled Nigerian market tanking further since a third-quarter trading update in April
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City News: Tesco shares rise on continued market share gains
Tesco shares received a further boost following another “strong” quarterly performance, with investors buoyed by UK market share gains and strengthening volumes
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Wilkin & Sons puts its £2m loss down to hikes in cost of energy
Royal Warrant holder Wilkin & Sons fell to a £2m operating loss last year as soaring energy prices and input costs hurt its bottom line.
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Warburtons sees record sales in tough wrapped bread category
Bakery giant Warburtons shrugged off the declining wrapped bread category to post record sales and profits last year
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Who Gives a Crap sees profits rise on demand for sustainable range
Profits have soared at Who Gives a Crap as a growing number of environmentally conscious consumers opt to switch toilet paper for more sustainable alternatives
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City News: C&C Group shares crash amid departure of CEO
Troubled C&C Group saw a further share price fall on the news its CEO has stepped down and a huge €125m writedown of its Magners cider brand
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Pladis reports record revenues as share gains boost trading
The owner of McVitie’s saw a £127m jump in sales last year as price increases and branded market share gains boosted trading
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City snapshot: Tesco continues to grow UK grocery market share and volumes
Tesco has announced another ‘strong’ quarterly performance ahead of its AGM today, with UK market share gains and strengthening volumes