Results – Page 109
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News
Waitrose.com growth outstrips bricks-and-mortar operations over Christmas
Online sales growth at Waitrose outstripped traditional operations over festive period
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Analysis & Features
Tesco's Christmas trading could prove cause for cautious optimism
With Tesco, Sainsbury’s and M&S all set to report declining sales again this week, the food retailers would be forgiven for fearing this year looks just as grim as 2014.
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News
Soft drink launches helps PureCircle sales to fizz
Sugar substitute producer PureCircle is expecting increased profitability for the first half as sales grew 24% on the back of contracts with Coca-Cola and Pepsi.
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Analysis & Features
Is the budget end of the grocery market slowing down?
A lot has been made of the “free ride” the mainstream supermarkets have given the discounters over recent months, but today’s Kantar Worldpanel data seems to point to tougher conditions at the value end of the market.
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Analysis & Features
Pastygate seems a long time ago for booming Greggs
As turnaround years go, they rarely come much better than 2014 has proved for Greggs.
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News
Greggs raises profit forecast thanks to new product range
Greggs has upped profit expectations for the year as customers responded to the baker’s new coffee blend and healthier sandwich range.
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Analysis & Features
Ocado can reflect on a solid 2014 but the fireworks are still to come
Ocado’s growth may have slowed a touch in the fourth quarter, but it seems a little churlish to pick holes in solid figures that show the company surviving the current grocery retail chaos and coping with tough comparables.
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News
Ocado's sales growth slows to 14.9% in fourth quarter
Growth at online supermarket Ocado has slowed in the fourth quarter with gross retail sales up 14.9% to £311.4m, compared with a 15.5% boost during the previous three months.
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Analysis & Features
Glanbia bulks up for 2015 growth
This week Irish food group Glanbia was selected as one of Jefferies’ top 15 top buy-rated stocks primed for growth 2015…
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News
African troubles lead to first half PZ Cussons profits drop
PZ Cussons saw a 4% drop in first half profits, driven by “challenging trading conditions” in Africa and the devaluation of the Nigerian Naira.
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Analysis & Features
Margin resets and junk status looming: analysts' views of Tesco
We look at analysts’ reaction to Tesco’s latest profits warning and where this leaves Dave Lewis’ plans to turn around the ailing grocery giant as we head into 2015.
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News
Waitrose 'likely' to sever ties with Ocado, say analysts
Waitrose is “more likely than not” to sever its partnership with Ocado, with its notice to end the agreement…
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Analysis & Features
Soft drinks slowdown: poor weather or price war?
Last week it was Britvic, now it’s AG Barr talking of a second half slowdown in the UK soft drinks market.
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News
Losses escalate at Tesco-backed Harris + Hoole
Annual losses at Tesco-backed coffee chain Harris + Hoole have widened to £12.8m as it counts the cost of its rapid expansion plans.
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Analysis & Features
McColl's reports solid numbers but investors want more
When McColl’s floated in February it was one of the few early year IPOs that did not garner a euphoric reception. Despite its solid full-year sales this morning, wary investors will be feeling vindicated by their caution.
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Analysis & Features
2015 could be the year Ocado goes international
After a catastrophic late summer share price fall, Ocado has been quietly recovering ground in November.
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News
PayPoint plans to roll-out retail technology after revenue hike
Payment technologies business PayPoint believes the company can tap into iBeacon to the benefit of its retail customers.
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News
Poundland on the expansion trail after 15% first half sales growth
Poundland has has given a further indication of the enduring strength of the discount sector with a strong set of half-year results.
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Analysis & Features
Britvic investors left with sour taste as growth goes decidedly flat
Britvic has been one of the 2014 stars of the UK-listed food and drink sector so far this year, defying the chaotic grocery retail conditions to post revenue increases and share price growth.
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News
Profits up 18% at Britvic as UK competition intensifies
Shares in drinks maker Britvic fell this morning despite it exceeding full-year profit forecasts as it warned 2015 revenue growth would be constrained by fierce competition.