more results news & analysis – Page 75
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Planet Organic slumps to loss but sales momentum is strong
Organic supermarket Planet Organic fell to a loss last year as its new private equity owner invested cash to fund growth.
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City snapshot: Premier Foods posts growth of 2.6% in crucial third quarter
Premier Foods has posted third quarter growth of 2.6% in its third quarter encompassing the Christmas period. Plus, Cranswick ups full-year profit expectations and trading updates from Devro and French retail giant Casino.
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HelloFresh’s first annual profit set to exceed expectations
The news sent shares of the German company soaring as investors welcomed the success of the recipe kit model
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Müller hails cost-cutting success as it eyes return to profitability
The past 18 months had been ‘very difficult’ said CEO Patrick Müller, but it expected to move back to profitability over the next six months
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ABF Christmas sales rise on Sugar recovery
Associated British Foods revenues rose 4% over the crucial Christmas period due to a recovery of Sugar prices and strong Primark trading
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Holland & Barrett Christmas sales surge amid ongoing transformation programme
Sales rose 4.8% over the Christmas period, while online transactions were up 22% as the retailer’s digital transformation programme continues
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Booths reports successful Christmas with sales up 3.5%
Chairman and CEO Edwin Booth said “exceptional food and drink” contributed to the success
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‘Overconfident’ Cook sees decline in profits despite sales increase
The frozen food retailer has suffered its first EBITDA decline in a decade
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City snapshot: McBride issues profits warning on UK weakness
Private label household goods manufacturer McBride has issued another profits warning on weaker than expected trading in the UK.
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Spar wholesaler sees Christmas sales soar
“Customers are making more shopping trips to convenience stores and this has boosted our performance”
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Midcounties Co-op reports 3% hike in Christmas food sales
The member-owned society saw its busiest ever Christmas Eve
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Fortnum & Mason reports ‘excellent’ sales growth over Christmas
The luxury retailer saw 15% sales growth across the business and a 13% jump in like-for-likes in the five weeks to 29 December
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Christmas trading: which listed supermarket won the golden quarter?
The City was preparing for the worst from this week’s raft of festive grocery trading updates, but supermarket shares largely held firm after a Christmas that left the big players bruised but not beaten
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Automation boosts profits at Riverford Organic Farmers
Vegetable box delivery service Riverford Organic Farmers has posted a surge in annual profits as investment in automation boosted margins.
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Sales and profits slump at Tyrrells as turnaround efforts continue
Tyrrells suffered a sharp drop in sales and profitability in the financial period that saw German snacks giant Intersnack snap up the crisps brand.
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Valeo Foods sales set to break the billion mark following acquisition spree
The company claimed it had hit the €1bn sales mark following the acquisition of Kettle and Matthew Walker
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Lidl scores highest Christmas sales surge with double digit growth
Overall sales for the four weeks to 29 December rose 11% year-on-year, higher than any other supermarket over the festive period - including main rival Aldi
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City snapshot: Lidl outpaces rivals with festive sales up 11%
Lidl saw sales rise by a whopping 11% in the run up to Christmas, outpacing all other grocers - including Aldi
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M&S to roll out new supply chain system to cut food waste and costs
‘Disappointing’ food waste levels hit margins in the third quarter
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Waitrose results: Charlie Mayfield hails booming online sales
The JLP chairman said he hoped 2020 would be a year of “dramatic growth”