Results – Page 102
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B&M Bargains rollout proceeding 'full steam ahead'
A near-30% jump in revenues to £1.65bn in its maiden year as a listed company saw analysts lining up to praise B&M Bargains
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B&M aims for 60 new locations on back of huge profit rise
Maiden full-year results see pre-tax profit climb 55.5% from £86.7m to £135m and adjusted EBITDA up 33.6% from £130.4m to £174.2m
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Paypoint profits up, promises new services for retailers
Payment services operator shows 7.7% increase in full-year pre-tax profit from £46m to £49.6m on net revenue up 8.3% from £113.7, to £123m
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Sales down by 1.1% at AG Barr in new financial year
Irn-Bru maker AG Barr has revealed a 1.1% dip in sales for the first 15 weeks of its new financial year.
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M&S profits rise as food ‘outperforms’ the market and capex tap is turned off
Marks & Spencer was one of the biggest risers on the FTSE 100 today after posting a 3.4% rise in pre-tax profits to £600m.
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Premier Foods benefits as supermarkets hit back at discounters
Premier Foods said it was starting to see the benefits of the brutal grocery price war as the supermarkets fight back against the growth of the German discounters.
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Refresco Gerber bottom line hit by costs of IPO
Refresco Gerber has fallen to a €11m loss in its first quarter thanks to costs related to its Dutch flotation in March.
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Bonds sees sweet sales growth thanks to new products
Bonds Confectionery has sweetened its balance sheet with a healthy increase in all key measures.
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Asda sales slump in ‘most challenging year yet’ for supermarkets
Asda has revealed a 3.9% fall in like-for-like sales during an “unprecedented” quarter in the grocery market.
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Booming food to go sales boost Greencore's first half trading
Convenience food group Greencore shrugged off the tough grocery market conditions to report a 3.2% revenue rise in the six months to 27 March.
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Coca-Cola HBC boosts FTSE 100 as first quarter sales fizz
Coke bottler Coca-Cola HBC helped drive the FTSE 100 higher this morning after posted an unexpected rise in first-quarter sales.
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Bargain Booze sales slip, but Conviviality profits rise by 2.3%
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, but a dip in like-for-like sales as it fought against a slower than expected rate of store openings and heavy discounting in the alcohol retail sector.
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Morrisons share shorting points to City jitters over recovery
Figures from financial information specialist Markit show the proportion of Morrisons stock out on loan reached 13.7% on 29 April, up from 12.4% at the beginning of the month
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Kettle Foods notches up 31% pre-tax profit increase
Newly filed accounts at Companies House reveal Kettle Foods’ pre-tax profit leapt from £9.2m to £12.1m, with turnover rising from £81.3m to £84m in the year to 31 July 2014
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Imperial Tobacco sees benefits of savings
The company’s cost optimisation programme is on track to deliver further incremental savings of £85m in the full year
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Metro Group’s sales rise 2.5% in second quarter but losses widen
German supermarket Metro Group has reported growing sales in its second quarter, but the negative impact of currency movement helped its losses expand to €394m during the period.
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Price war set to drive M&A consolidation, warns Grant Thornton
UK M&A volumes held up in the first quarter of 2015, but deal values were significantly down as small-scale consolidation dominated the market.
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Birds Eye sales slump as Nomad steps in
Newly filed accounts at Companies House for the UK business revealed pre-tax profits plunged more than £20m (26%) to £62.7m on sales down 4.6% to £446.3m in 2014
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ABF: Kingsmill loaves lost from Tesco have already been replaced
FD John Bason said the Allied Bakeries subsidiary had already replaced the lost business
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Divine Chocolate hits its highest profit since 2008
It attributed the increase to NPD such as its Milk Chocolate with Toffee & Sea Salt bar, as well as strong sales in the US