Results – Page 109
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NewsMajestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.
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NewsWincanton in Morrisons talks as profits slide in first half
Wincanton hopes to thrash out its future involvement with Morrisons following the supermarket’s sale of M Local to Mike Greene.
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NewsSainsbury's fall in profits illustrates severity of the task
The green shoots didn’t last long for Sainsbury’s as shares slump 7% after profits falter.
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NewsSainsbury's pledges to continue price-cutting strategy
Sainsbury’s is doubling down on its strategy to invest in price and cut promotions
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Analysis & FeaturesPremier pleases the City as it climbs 'vertical rock face'
Gavin Darby is delivering gains but there’s still a long way to go
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NewsConviviality expands reach into events with Peppermint deal
Conviviality is to acquire a majority stake a bar and events company operating at festivals and sporting events as sales soar 38% in first half thanks to Matthew Clark deal.
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NewsSainsbury's results: what the analysts say
Sainsbury’s has reported a 17.9% slump in underlying interim pre-tax profit, the worst half-year profit for years
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NewsCarlsberg restructures UK business as group makes Q3 losses
Carlsberg has begun restructuring its UK business in response to its “deteriorating” performance and September’s Tesco delisting
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NewsSainsbury’s underlying interim profit plunges 18%
Although the worst half-year profit for years, trading was better than the City expected
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NewsPremier Foods share price sweetens as investment in brands pays off
Shares in Premier Foods have this morning rocketed up by 21% after the grocery supplier increased quarterly branded sales
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NewsABF says worst is over as sugar crash takes toll on profits
ABF boss George Weston is confident its sugar woes are in the past
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Analysis & FeaturesMorrisons' like-for-like slump brings big four down to earth
Morrisons’ third-quarter trading update on Thursday brought any optimists firmly back to earth
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NewsDairy Crest profits fall as spreads business falters
Dairy Crest has reported a 5% fall in revenues from continuing operations and a 13% fall in pre-tax profits in the first half as the butter and spreads business struggles.
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NewsMorrisons Q3 results: what the analysts say
Following Morrisons’ Q3 update this morning, here’s how leading City and retail analysts rated its performance
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NewsFever-Tree ups growth forecasts amid booming international sales
Fever-Tree, the supplier of premium carbonated mixes for alcoholic spirits, expects its full-year results to be “materially ahead of board expectations”, it said in an unscheduled trading update today.
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NewsM&S hits three month share price high after first half sales increase
Marks & Spencer has reported a 1.4% rise in first half sales to £5bn, driven by its continued outperformance of the troubled UK grocery sector.
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NewsKellogg sales and profits hit by strong US dollar
Profits at Kellogg Co slumped more than 8% in the third quarter as sales at the US cereal manufacturer missed expectations
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NewsIncreased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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NewsKerry shares slip despite rising volumes
Kerry Group has increased volumes in the third quarter as its ingredients business made strong gains in Asia and the consumer foods division shrugged off challenging conditions.
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Analysis & FeaturesC&C Group shares plummet after sales & profits slump
Shares in C&C Group were in freefall after the Bulmers maker revealed difficult trading conditions had dented its sales