Results – Page 104
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Analysis & Features
Smaller players can still prosper in tough grocery market
Much of the commentary around the relationship between grocer and supplier has focussed on the supermarkets squeezing unreasonable terms from under-pressure manufacturers. But this is not necessarily the case.
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News
Fletchers acquisition boosts Finsbury Food Group revenues
Cake and bakery supplier Finsbury Food Group has reported a 24.1% jump in first half revenues after being boosted by its acquisition of Fletcher’s Bakery Group.
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News
Fever-Tree's sales and earnings grow by almost 50%
Sales and earnings at premium drinks mixer supplier Fever-Tree were both up by almost 50% in its first year as a listed company.
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Comment & Opinion
Profitability and predictability: Ousting retail’s ‘like-for-like’ facade
Every year the key players in retail release their annual ‘like-for-like’ data, but is this really painting an accurate picture of their successes?
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News
Sainsbury's Mike Coupe says price war narrowing discounter gap
Huge price investments by the major multiples have begun to close the price gap on Aldi and Lidl,…
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News
2 Sisters CFO Steve Leadbeater vows chicken group will recover
2 Sisters is a profitable business, despite its £143m loss last year, and remains well on the road to recovery…
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News
General Mills' sales and profits fall as it looks to cut jobs
Sales and earnings at General Mills, which owns brands such as Old El Paso, Lucky Charms cereal and Green Giant, have fallen in its third quarter as a result of the strong dollar and restructuring costs.
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Analysis & Features
The Grocer Says: Sainsbury's beats forecasts but a return to growth remains a distant prospect
Sainsbury’s share were up by 5.5% from their Friday close price early this morning after its fourth quarter like-for-like sales defied doom-mongering forecasts.
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News
2 Sisters warns of more pain as Avian flu and price war hits trading
2 Sisters is feeling the effects of the supermarket price war with boss Ranjit Singh warning of difficult trading conditions
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News
FrieslandCampina predicts 2015 dairy growth despite end of EU milk quota
Global dairy firm FrieslandCampina has warned that the disappearance of the EU milk quota could lead to more volatility in the dairy market, but remains upbeat about 2015 prospects.
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News
Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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Analysis & Features
Cadbury and Nestlé cut egg prices as Easter fight looms
The average price across the category is static, however, with own-label lines down 6% year on year
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News
Ocado’s shrinking basket size is down to deflation, says Steiner
Ocado CEO Tim Steiner has put the continuing fall in basket size at the online grocer down to food deflation and changes to the way customers order at its pet product and kitchen and dining companies.
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News
Life is sweet for Lindt with double digit growth
Substantial market share gains were made in all the core markets and in the emerging growth markets
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News
Findus hit by strong pound but buoyed by Southern Europe
Findus Group saw a fall in revenues in its first quarter, as a result of negative currency impacts from the strong pound
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News
Partner in Pet Food to stay independent despite Advent sale
Partner in Pet Food hopes to remain independent despite PE owner Advent hoisting the for sale sign…
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News
Profits and revenues up at Carrefour as European trading stabilises
French retail giant 2014 Carrefour has posted a 3.9% rise in full-year sales as conditions improve in its home market and trading has ”stabalised” across Europe.
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News
Yeo Valley profits squeezed as organic brand pushes up sales
Profits have slipped at dairy group Yeo Valley despite a £14m rise in sales to £275m as its margins were squeezed by the steady increase in the cost of its ingredients
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News
Greggs shares soar on record profits and seven-year like-for-like sales high
Shares in Greggs (GRG) have soared once again today as the high street bakery chain posted record profits and the strongest like-for-like sales seen since 2007.
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News
McColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”