Results – Page 101
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NewsAssociated British Foods stock climbs as revenues grow
Shares have increased almost 5% at Associated British Foods after the group said revenues were ahead of last year.
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NewsBooker shares slide after “subdued” first quarter trading
Shares in Booker fell 3.3% to 160.8p today after the wholesaler revealed a group-wide like-for-like growth of 0.4%
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NewsFever-Tree shares surge on strong first half sales
Premium drinks mixer supplier Fever-Tree’s shares have climbed almost 10% in morning trading after announcing a 61% rise in first half sales.
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NewsM&S invests in every day prices in first quarter
Marks & Spencer dipped its toes in the UK supermarket price war during its first quarter in a bid to stay competitive in a challenging sector, according to CEO Mark Bolland.
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NewsMarks & Spencer fails to sustain fourth quarter sales momentum
Marks & Spencer’s first quarter trading has met the City’s modest expectations, but its overall like-for-like sales growth fell back to zero after a 0.7% rise in the fourth quarter.
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NewsMcBride sees constant currency sales growth despite UK cost-cutting
Household products manufacturer McBride has achieved a small rise in annual constant currency sales despite falling revenues in the UK.
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NewsGreene King revenues buoyed by 'fantastic' off-trade growth
Greene King boss Rooney Anand has credited booming sales of bottled ale with helping the company hit £1bn in retail sales…
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NewsFamous Grouse owner grows through Eastern single malt success
The company was up 1.8% on the back of 10.5% growth for single malt The Macallan – the market leader in Russia, China, Japan, South Korea and Hong Kong
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NewsAnalysts upbeat on latest Ocado figures
Ocado’s results are proof it can continue to build its UK retail operation despite an “extremely difficult” trading environment, analysts at Numis said today
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News2 Sisters back in third quarter profit
2 Sisters owner Boparan recorded a third quarter profit after heavy losses last year after like-for-like sales edged up by 1.1%.
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NewsAppetite for Charlie Bigham’s posh meals drive sales growth
Sales at Charlie Bigham’s have grown again despite a “fiercely competitive” grocery market and rising food costs as consumer appetite for its posh ready meals continues to get bigger.
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NewsPoundland shares sink despite £1bn breakthrough
Shares in Poundland sank more than 6% this morning despite sales at the discount retailer breaking the £1bn barrier for the first time.
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NewsGrowing Majestic’s online sales is not the priority, says Rowan Gormley
A number of commentators predicted that Majestic Wine’s takeover of Naked Wines would enable it to supercharge its online growth
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NewsMajestic Wine to slow store rollout plans
Majestic Wine has cut its store estate expansion plans after announcing a 22.5% drop in pre-tax profits.
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NewsSainsbury’s boss Mike Coupe sees better times ahead
Sainsbury’s CEO Mike Coupe has speculated that its 2.1% first quarter like-for-like sales decline could signal the “low point of the cycle” as deflation eases and volumes return.
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NewsIceland sales fall 4.4% in "exceptionally challenging" year
Profits at Iceland plunged by a quarter last year as like-for-like sales fell 4.4% in an “exceptionally challenging year”.
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NewsPoundland shares fall to all-time low after house broker downgrade
Shares in Poundland have fallen today to their lowest price since the discount chain floated in March 2014 on the back of a downgrade from its house broker.
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NewsProfits slump at Interbev despite double-digit sales growth
Interbev saw its profits plunge nearly 70% last year in what owner Stephen Brogan said was “easily the toughest of our seven years in business”.
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Analysis & FeaturesMorrisons: Signs of recovery or “dead cat” bounce?
At some point Wall Street traders coined a term for a plummeting stock that experiences a temporary recovery – the “dead cat bounce”.
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NewsCostcutter investment is now paying off says Willson-Rymer
Costcutter’s recruitment pipeline “has never been stronger” CEO Darcy Willson-Rymer insists